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ivann1987 [24]
2 years ago
6

The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:_____

__.
Restin, Los Angeles Bay Area Central Valley
Inc. Division Division Division
Revenues $ 1,000,000 $ 280,000 $ 315,000 $ 405,000
Variable operating expenses 554,000 154,000 170,000 230,000
Controllable fixed expenses 240,000 75,000 85,000 80,000
Noncontrollable fixed expenses 90,000 25,000 30,000 35,000
In addition, the company incurred common fixed costs of $21,000.
The profit margin controllable by the Central Valley segment manager is:_______.
Business
1 answer:
mars1129 [50]2 years ago
3 0

Answer:

The profit margin controllable by the Central Valley segment manager is:  $ 95,000.

Explanation:

Only items directly controllable by the Manager should be included in the divisional financial performance measure.

<u>Central Valley Division</u>

Revenues                                         $ 405,000

Less Variable Costs :

Variable operating expenses        ($ 230,000)

Controllable Contribution                $ 175,000

Less Controllable fixed expenses   ($80,000)

Controllable Profit                             $ 95,000

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klasskru [66]

Answer:

Income tax expense of $14 million should report in the income statement

Explanation:

Southeast Airline should report the income on the basis of their earning in the year.

Earning Before Tax = $30 Million

Tax on Earning Before Tax = $30 Million x 40% = $12 million

Gain on disposal = $5 million

Tax on Gain on disposal = $5 million x 40% = 2 million

Total Income tax = $12 million + $2 million = $14 million

Another way

Total Income tax = ( $30 million + $5 million ) x 40% = $14 million

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2 years ago
Which of the following are the names given to the two types of stock purchasers?
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Answer: Common and Preferred Stock Purchasers

Explanation:

6 0
1 year ago
The Analytical Hierarchy Process is used to decide among three projects that we'll call A, B, and C. The total score for project
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Answer:The analysis must be incorrect because the total score should sum up to 1

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The weight represents the likelihood of the events happening or being successful.

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7 0
3 years ago
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An increase in the unit (per pill) contribution margin.

Explanation:

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