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fomenos
3 years ago
14

Marian Corporation has two separate divisions that operate as profit centers.Black Division Navy DivisionSales (net) $700,000 $3

20,000Salary expense 20,000 40,000Cost of goods sold 170,000 151,000The following information is available for the most recent year: The Black Division occupies 28,000 square feet in the plant. The Navy Division occupies 42,000 square feet. Rent is an indirect expense and is allocated based on square footage. Rent expense for the year was $70,000. Compute departmental income for the Black and Navy Divisions, respectively. (Do not round your intermediate computations)a. $150,000; $129,000. b. $530,000; $169,000. c. $482,000; $87,000. d. $150,000; $107,000. e. $680,000; $280,000.
Business
1 answer:
Lyrx [107]3 years ago
4 0

Answer:

The correct option is c. $482,000; $87,000

Explanation:

For computing the departmental income, the following formula is shown below:

= Sales - cost of good sold - salary expense - rent expense

For Black division,

The department income would be

=  Sales - cost of good sold - salary expense - rent expense

where,

rent expense = black division × (total rent expense ÷ sum of total square feet)

where,

sum of total square feet = black division square feet + navy division square feet

= 28,000 + 42,000

= 70,000 square feet

So, the rent expense for black division would be equal to

= 28,000 × (70,000 ÷ 70,000)

= 28,000

So, the departmental income for black division equal to

= $700,000 - 170,000 - 20,000 - 28,000

= $482,000

For Navy division,

The department income would be

=  Sales - cost of good sold - salary expense - rent expense

where,

rent expense = navy division × (total rent expense ÷ sum of total square feet)

where,

sum of total square feet = navy division square feet + navy division square feet

= 28,000 + 42,000

= 70,000 square feet

So, the rent expense for black division would be equal to

= 42,000 × (70,000 ÷ 70,000)

= 42,000

So, the departmental income for black division equal to

= $320,000 - 151,000 - 40,000 - 42,000

= $87,000

Hence, the departmental income for the Black and Navy Divisions is $482,000 and $87,000 respectively.

Therefore, the correct option is c. $482,000; $87,000

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4. AirCar LLC, a producer of consumer electronics, had provided its employees an annual bonus. After a change in management, the
Ivan

Answer:

Option C. It provided individual incentives; now it provides organizational incentives.

Explanation:

The reason is that incentives were previously assessed on the individual performance and now changing it to stock option reflects that if the whole of the organization will perform well then all of them will benefit from the increase in the value of the company shares which benefits employee, organization and the shareholders as well.

3 0
3 years ago
Points 4 you. Take them
Ugo [173]

Answer:

uhm ok

i guess so

5 0
3 years ago
Read 2 more answers
Create an oral presentation about yourself that will provide your interviewee with an accurate picture of your skills and prepar
miss Akunina [59]

In creating a personal commercial, one have to give a conversational and natural oral presentation. One can start with:

  • Been confident, have a good poised, and been professional.

<h3>What is a personal commercial?</h3>

Others are:

  • Greet by saying: Hello, my name is (name).
  • State your Goal, Interest and also your passion and others kind of attributes that can set you apart from others.

A personal commercial is known to be a short introduction that a person often give to a specific employer, mentor, or others.

Conclusively, By following the steps above, one can give a good  personal commercial.

Learn more about Commercial from

brainly.com/question/3837126

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6 0
2 years ago
Park Company reports interest expense of $340,000 and income before interest expense and income taxes of $6,120,000.(1) Compute
algol13

Answer: 1. 18 times

2. Park is in better position

Explanation:

1. Times interest earned is a financial ratio that measures interest coverage. It's essentially to check if a company can pay it's debt payments and is calculated by either EBIT or EBITDA divided by the total interest expense. The higher the better and anything above 2.5 times is usually considered.

Calculating would therefore be,

= $6,120,000 /$340,000

= 18 times.

2. As mentioned in the first answer, for the Times interest earned, the higher it is, the more favourable it is. So Park Company will be considered safer and are most definitely in a better or worse position than its competitor to make interest payments if the economy turns bad. The fact that theirs is 18 means that they can pay off their interest expense 5 times more than their competitor who can only repay 12 times.

If you need any clarification do comment.

7 0
3 years ago
The three-legged Ork, a space creature from the universe Warhammer, wears 1 right shoe and 2 left shoes. Which set of market bun
denis23 [38]

Answer:

6 right shoes and 12 left shoes

Explanation:

That Ork needs 2 left shoes for every right shoe, to match the feet configuration.

So, we have to look into the possible answers, which offers a 2 to 1 ratio for the left shoes.

<u>10 right shoes and 16 left shoes </u>

No. Left-shoes ratio is 1.6 not the 2 we need.

<u>12 right shoes and 12 left shoes </u>

No, the left-shoes ratio is 1, not the 2 we need.

<u>15 right shoes and 14 left shoes </u>

No, the left-shoes ratio is 14/15, less than 1, so not the 2 we need.

<u>6 right shoes and 12 left shoes</u>

YES!  The left-shoes ratio is 2, exactly what we need.

4 0
3 years ago
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