Your Company consists of two divisions, A and B. Your Company reported a contribution margin of $50,000 for Division A, and had a contribution margin ratio of 30% in Division B, when sales in Division B were $200,000. Net operating income for the company was $25,000 and traceable fixed expenses were $40,000. What were the total common fixed expenses? You may find the grid below helpful.

Q: If the contribution margin ratio for Peppa Company is 42%, sales were $2,500,000, and fixed costs…

A: Variable costs = Sales x (1 - contribution margin ratio ) = $2,500,000 x (1 - 0.42) = $1,450,000

Q: I need help on another practice quiz question.

A: Segment Margin: It is the amount of net profit or net loss that is generated by the portion of the…

Q: a.  Young Company budgets sales of $1,040,000, fixed costs of $53,800, and variable costs of…

A: Contribution margin refers to the amount that the company earned from selling goods more than its…

Q: The Your Division had average operating assets totaling $150,000 last year. The minimum required…

A: Residual income = net operating income - average operating assets x minimum required rate of return

Q: Meargia Plastics is evaluating its plastic bottles division. The accounting manager has come upwith…

A: Contribution Margin: The process or theory which is used to judge the benefit given by each unit of…

Q: Assume the following financial data pertains to a certain single-product lodging business: Room…

A: Break even point (BEP): Breakeven is the point where total expenses are equal to total revenue. at…

Q: Hello, I have a question. Shown here is an income statement in the traditional format for a firm…

A: Calculating the value of contribution margin per unit. We have,

Q: Davison Inc. consists of two districts, A and B. The company as a whole had sales of$400,000, a…

A: Total traceable Fixed expense = Total contribution  - combined segment margin

Q: Division A of Kern Co. has sales of $350,000, cost of goods sold for $200,000, operating expenses of…

A: Formula Return on investment = (Sales-Cost of goods sold-Operating expenses)/Invested assets Where…

Q: Young Company budgets sales of $1,210,000, fixed costs of $68,100, and variable costsof $302,500.…

A: Contribution margin ratio (%)=Contribution marginBudgeted sales×100

Q: A monthly income statement for a small consulting company is shown below. From these data calculate…

A: Labour utilisation rate=Direct labour cost/Total payroll during a period Break even…

Q: Contribution Margin Ratio a. Imelda Company budgets sales of $1,080,000, fixed costs of $82,600, and…

A: Contribution margin = $1,080,000 - $367,200 = $712,800

Q: a. Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of…

A: Contribution margin = sales - variable costs = $112900000-66611000 = $46,289,000

Q: The operations of Smits Corporation are divided into the Child Division and the Jackson Division.…

A: The Operating income if the Jackson Division was dropped can be calculated by comparing the changes…

Q: Nicholas Technologies operates two divisions: Hardware Services and Software Services. During the…

A: Income statement is one of the financial statement being prepared by business for showing all…

Q: A monthly income statement for a small consulting company is shown below From these data calculate…

A: Solution:- Solution:-a Basic information:- Direct labor cost=$120,000 Total payroll during a…

Q: Davison inc. consists of two districts, A and B. The company as a whole had sales of 500,000 a…

A: A fixed expense is just an expense in your plan that you can anticipate being constant or nearly…

Q: Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of…

A: Determine the contribution margin ratio for Young Company.

Q: Nicholas Technologies operates two divisions: Hardware Services and Software Services. During the…

A: Contribution Margin = Sales - Variable Cost  Responsibility Margin = Contribution Margin  -…

Q: The total sales revenue of Black Stone Crushing Company was $150,000 for the last year. The fixed…

A: We have the following information: Total Sales Revenue: $150,000 Variable Expenses:Manufacturing:…

Q: If the company eliminates the Western Division and the Eastern Division sales increase by 10% as a…

A: Given in the question: There are two divisions of the company which are the western division and…

Q: (a) Prepare a performance report for the manager of the Deluxe Division. (b) What is the best…

A:

Q: Bag Company has the following data needed to complete the operating result for the year just ended:…

A: Return on investment (ROI) is the amount which a firm expects to get from the investment it made. It…

Q: The accounting firm of JN Corporation has been studying the sales requirements of the Shayan…

A: Contribution margin is calculated as excess of sales revenue over all variable expenses.

Q: Based on the income statements shown below, which division has the cost structure with the highest…

A: FORMULA FOR OPERATING LEVERAGE - operating leverage = contribution margin / net operating income

Q: Company XYZ made total sales revenue of $400,000. The variable manufacturing costs were $115,000…

A: Contribution Margin is difference between net product revenue and variable expenses. It is used to…

Q: Your Company consists of two divisions, A and B. Your Company reported a contribution margin of…

A: Formula: Contribution margin = sales - variable cost Deduction of variable cost from sales derives…

Q: Contribution Margin Ratio a.  Imelda Company budgets sales of $1,800,000, fixed costs of $394,000,…

A: Contribution margin = Budgets sales - variable costs  = $1,800,000 - $1,116,000 = $684,000

Q: sales revenue is $35,000, fixed cost is $5,000, and net operation income is $10,000, what is the…

A: The contribution margin is calculated by deducting the variable cost from the sales revenue of the…

Q: Eevee Company consists of 2 divisions, Sylveon and Glaceon.  Eevee Company reported a contribution…

A: GIVEN   Sylveon and Glaceon.  Eevee Company reported a contribution margin of ₱70,000 for Sylveon…

Q: Insider Company has two divisions, J and K. During March, the contribution margin in J was $30,000.…

A: Segment margin equals contribution margin less traceable fixed expenses

Q: Madonna Company had the following results for its make-up division. Sales…

A: Controllable margin refers to the contribution margin remaining after the deduction of controllable…

Q: The liners sell, on average, for $3,200 each. The department's variable selling expenses are…

A: Break even units shows number of units of sales where there is no profit or loss.

Q: Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a…

A: The fixed cost which helps in managing operations of two or more company segments is known as the…

Q: Channing Company has two divisions, S and T. The company's overall contribution margin ratio is 30%…

A: If Contribution margin ratio  = 25% Then variable cost = 100-25 = 75%

Q: a.  Yountz Company budgets sales of $1,130,000, fixed costs of $68,600, and variable costs of…

A: A.)  Given :  Sales-1,130,000 Variable costs- $305,100 Contribution Margin= Sales - Variable Costs…

Q: At a volume of 20,000 units, Drees reported sales revenues of $1,000,000, variable costs of…

A: At a volume of 20,000 units, Drees reported sales revenues of $1,000,000, variable costs of…

Q: Cathy Company has two divisions, L and M. During July, Division L had sales of $80,000, a…

A: Traceable fixed costs of a division are those fixed costs that are directly identifiable with a…

Q: If the contribution margin ratio for France Company is 37%, sales were $441,000, and fixed costs…

A: Total contribution margin = Sales*Contribution margin ratio Income from operations = Total…

Q: Last month when Gifted by Design, Inc. sold 30,000 units, total sales were $600,000, total variable…

A: Contribution is determined by deducting all the variable cost from the sales related to the product.…

Q: Imelda Company budgets sales of $810,000, fixed costs of $62,000, and variable costs of $275,400.…

A: Contribution Margin: The Contribution Margin is also can be treated on a gross or per unit basis.…

Q: Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of…

A: The contribution margin is calculated as excess of sales revenue over variable cost.

Q: a. Imelda Company budgets sales of $1,800,000, fixed costs of $394,000, and variable costs of…

A: Contribution margin ratio = (Total contribution/sales) ×100