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ycow [4]
2 years ago
6

The service division of Raney Industries reported the following results for 2017.

Business
1 answer:
SVEN [57.7K]2 years ago
4 0

Answer:

$131,180; 21.53%

Explanation:

The controllable margin and the return on investment for 2017 are as follows:

Controllable Margin = Sales - Variable cost - Controllable fixed cost

                                 = $567,200 - $340,320 - $95,700

                                  = $131,180

Return on investment = Controllable Margin ÷ Average operating assets

                                     = $131,180 ÷ $609,100

                                     = 0.2153

                                     = 21.53%

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Answer:

Option (D) is correct.

Explanation:

Given that,

Beginning work in process = $4,000

Ending work in process in finishing department = $6,000

Cost transferred = $47,000

Direct material = $15,000

Direct labor  = $46,000

Overhead  = $22,000

Cost incurred in finishing department:

= Beginning work in process + Cost transferred + Direct material + Direct labor + Overhead

= $4,000 + $47,000 + $15,000 + $46,000 + $22,000

= $134,000

Cost of goods transferred to the Finished Goods Inventory account:

= Cost incurred in finishing - Ending work in process

= $134,000 - $6,000

= $128,000

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3 years ago
HealthStore Inc. provides a broad and diverse range of services for the healthcare industry. It also manufactures a variety of h
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Answer:

Global product division Structure

Explanation:

A global product division structure is a form of structure that encompass the functions important to each goods or services a product/service division produce. It is the situation whereby domestic divisions are allowed to take global responsibility for product groups. The product lines from around the world are managed from home country based product division. They are part of a global organizational structure when the basic division of the firm's activities is based on product/service categories.

3 0
3 years ago
Read 2 more answers
Which of the following would you classify as a structural adaptation of an animal?
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Answer:

The answer is D I would say.

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According to the national communication association, which skill is considered the most valuable by employers?.
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Explanation:

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Nonverbal Communication. ...

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Friendliness. ...

Confidence.

Empathy. ...

Open-Mindedness. ...

Respect

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Answer:

The answer is given below;

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Legal Expenses  Dr.$9,000

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The compound entry is made to simplify the T-Account of cash as the second impact of every debit entry is cash.          

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