All categories

4 years ago

The difference between the profit margin controllable by a segment manager and the segment profit margin is caused by:

Business

1 answer:

ankoles [38]4 years ago

4 0

Answer:

The fixed expenses that can be traced to the segment but also controllable by others.

Explanation:

The answer to the question is:

The fixed expenses that can be traced to the segment but also controllable by others.

This fixed expenses controllable by others is also called a non-controllable expense for the segment manager. This is because it cannot be unilaterally determined or controlled by a department, a segment or an individual manger. It is open to external control or input from other segments.

However, the other items: Variable operating expenses, sales revenue, fixed expenses controllable by the segment manager and allocated common expenses are tracked to and controlled by the segment manager.

You might be interested in

Breakin Away Company has three employees-a consultant, a computer programmer, and an administrator. The following payroll inform

aleksandr82 [10.1K]

Answer:

Gross pay:

consultant $2,310
computer programmer $2,100
administrator $2,760

Net pay:

consultant $1,694.73
computer programmer $1,539.68
administrator $1,945.78

Explanation:

regular earnings overtime withholding

allowances

Consultant $2,310 per week N/A 3

Computer programmer $30 per hour 1.5 2

Administrator $46 per hour 2 1

computer programmer worked 60 hours = ($30 x 40) + ($30 x 20 x 1.5) = $2,100

administrator worked 50 hours = ($46 x 40) + ($46 x 10 x 2) = $2,760

Social security taxes:

Consultant = 6% x $2,310 = $138.60
Computer programmer = 6% x $2,100 = $126
Administrator = 6% x $2,760 = $165.60

Medicare taxes:

Consultant = 1.5% x $2,310 = $34.65
Computer programmer = 1.5% x $2,100 = $31.5
Administrator = 1.5% x $2,760 = $41.40

Federal income taxes:

Consultant: amount subject to withholding = $2,310 - (3 x $70) = $2,100. Federal income taxes = $356.90 + [28% x ($2,100 - $1,796) = $442.02
Computer programmer = amount subject to withholding = $2,100 - (2 x $70) = $1,960. Federal income taxes = $356.90 + [28% x ($1,960 - $1,796) = $402.82
Administrator = amount subject to withholding = $2,760 - $70 = $2,690. Federal income taxes = $356.90 + [28% x ($2,690 - $1,796) = $607.22

Gross pay:

consultant $2,310
computer programmer $2,100
administrator $2,760

Net pay:

consultant $2,310 - ($138.60 + $34.65 + $442.02) = $1,694.73
computer programmer $2,100 - ($126 + $31.50 + $402.82) = $1,539.68
administrator $2,760 - ($165.60 + $41.40 + $607.22) = $1,945.78

8 0

3 years ago

Making a down payment will _____. Select the best answer from the choices provided. A. decrease the interest rate on a loan B. i

pav-90 [236]

Answer: A) decrease the interest rate on a loan

<em>Input:</em> Making a down payment will decrease the interest rate on a loan.

Explanation: When you make a down payment you are making a payment. This will decrease the interest rate on a loan.

5 0

3 years ago

Buzzard Bicycle specializes in custom painting and design of bicycles. December 31 is the company’s fiscal year-end. Information

zysi [14]

Answer:

See explanation section

Explanation:

Adjusting Entries

Requirement 1

December 31 Insurance Expense Debit $3,000

Prepaid Insurance Credit $3,000

Note: As the company purchased a 3-year life insurance on July 1, 2021, the insurance policy will be expired on June 30, 2024. However, the insurance expense for December 31, 2021 will be for 6 months (July 1, 2021 to December 31, 2021).

Calculation:

Prepaid Insurance (3 years policy) = $18,000, so each year insurance policy will be expired = $18,000 ÷ 3 = $6,000.

Since the insurance will be expired for 6 months in 2021, the insurance expense will be = ($6,000 × 6 months) ÷ 12 months = $3,000

Requirement 6

December 31 Interest expense Debit $3,000

Interest payable Credit $3,000

Note: As the company borrowed $36,000 for five years, the interest is to be paid on March 1, 2022. Therefore the interest expense will be accrued for 10 months (March 1, 2021 to December 31, 2021).

Interest expense will be = $36,000 × 10% × (10/12) = $3,000. Whichever the maturity date to be paid the entire amount will not be affected in that case.

3 0

3 years ago

Ricardo construction began operations on december 1. in setting up its accounting procedures, the company decided to debit expen

oksian1 [2.3K]

Answer:

Answer to every question is in the explanation section

Explanation:

a) On December 1 supplies are purchased for 2000$ cash.

b) Insurance premiums of the company were prepared for $1,540 cash on December 2.

c) The company received an advance payment of 13000$ cash on December 15.

d) For a remodeling work, the company received a payment of 3700$ cash in January.

e) The company has $1,840 of supplies accessible.

f) Insurance policy analysis shows that 340$ insurance coverage has expired.

3) 5570$ advance cash was received for a remodeling project

3 0

4 years ago

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A T-bill quote sheet h

VashaNatasha [74]

Answer:

1) B

2) A

3) D

Explanation:

1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%

Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value = x; Maturity = 90 days

(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%

5.11 = 400(10,000 - x)/10,000

x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25

3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days

Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%

= 45/10 = 4.5%

4 0

3 years ago