Answer:
$27,600
Explanation:
Divisional segment margin $132,000
Less common fixed costs
not traceable to the individual divisions
($104,400)
Net operating income $27,600
$92,200+$39,800 = $132,000
The company's net operating income is $27,600
Answer:
Debit Credit
Income Summary $1,500
Retained Earning $1,500
Credit Balance of income Summary account will be closed by a debit entry in this account. Transfer the balance to retained earning by credit entry to this account.
Answer:
d. Tries to identify homogeneous sub-markets within a product-market
Explanation:
Market segmentation tries to identify homogeneous sub-markets within a product-market. In market segmentation, we try to identify the homogeneous parts in the market, which means customers having the same characteristics based on their geography, demography, psychography and behavioral characteristics. The main logic behind segmentation is that an organization can't serve each and every single customer in the market, they do not have that much resources and expertise as well, therefore they divide the large heterogeneous market into smaller homogeneous parts and chunks in order to serve them better and successfully
Conducting customer satisfaction surveys, implementing service standards, prompt follow up and resolution of complaints, human resource management, developing a corporate culture with a goal of providing customer based services
Answer: 31
Explanation:
Based on the information given, the economic order quantity will be:
Annual requirement = 2000
Buying cost per order = 37
Carrying cost = 150
Economic order quantity will be:
= ✓(2 × 2000 × 37/150)
= ✓986.7
= 31.4
= 31
Therefore, economic order quantity is 31 units