Answer:
$67,000
Explanation:
The total revenue will be income from the 300 rooms and that from 100 rooms
=(300 x $140) + ($100 x 250)
=$42,000 +$25,000
=$67,000
The correct answer to this open question is the following.
Arbot Co. manufactures appliances at three manufacturing facilities in the United States. Each location has a plant manager who oversees the manufacturing process for that location. Segmented income statements are prepared for each plant and each product manufactured in the plant. The salary of each plant manager is a traceable fixed cost to the plant and a common fixed cost for the individual product lines made in the plant.
The traceable fixed cost for a corporation means that this cost has a relationship between cost and effect related to a particular area or region of the country, or related to a process just operated in a specific location. This traceable fixed cost is part of the equation because there is a peculiar business that includes it. Or there is a necessity to be covered.
Answer:
Loans and deposits would increase by the same amount as the deposit
Answer:
Cam residual income 2,174,000
Phone residual loss 617,000
Explanation:
The residual income is the difference between the required return on asset and the net income.
<u>First step</u> is to calcualte the required return on the asset
we multiply each division assets by 12%
<u>then,</u> we compare with the net income to get the residual income.
![\left[\begin{array}{ccc}&$Cam&$Phone\\$Assets&24,800,000&13,800,000\\$required return&2,976,000&1,656,000\\$net income&5,150,000&1,000,000\\$residual income&2,174,000&-656,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%26%24Cam%26%24Phone%5C%5C%24Assets%2624%2C800%2C000%2613%2C800%2C000%5C%5C%24required%20return%262%2C976%2C000%261%2C656%2C000%5C%5C%24net%20income%265%2C150%2C000%261%2C000%2C000%5C%5C%24residual%20income%262%2C174%2C000%26-656%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Answer:
An asset is increased.
Explanation:
In recording an accrual adjustment to account for revenues earned but not yet collected: -An asset is increased since cash will be collected at a later date.
