1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivanzaharov [21]
3 years ago
8

The operations of Knickers Corporation are divided into the Pacers division and the Bulls division. Projections for the next yea

r are as follows: Pacers Bulls Division Division Total Sales revenue $420,000 $252,000 $672,000 Variable expenses 147,000 115,500 262,500 Contribution margin $273,000 $136,500 $409,500 Direct fixed expenses 126,000 105,000 231,000 Segment margin $147,000 $ 31,500 $178,500 Allocated common costs 63,000 47,250 110,250 Total relevant benefit (loss) $ 84,000 $(15,750) $ 68,250 Operating income for Knickers Corporation as a whole if the Bulls division were dropped would be: a.$84,000. b.$99,750. c.$36,750. d.$68,250.
Business
1 answer:
Dominik [7]3 years ago
4 0

Answer:

c.$36,750

Explanation:

If Bulls Division were dropped, then the total segment margin would be $147,000 and the total common cost would be $110,250, Then:

Operating income = Segment margin - Total cost

                               = $147,000 - $110,250

                               = $36,750

Therefore, The Operating income for Knickers Corporation as a whole if the Bulls division were dropped would be $36,750.

You might be interested in
A select list of transactions for Anuradha's Goals follows:
umka2103 [35]

Answer:

April 1. Paid six months of rent, $4,800

Requires Deferred expense-type of adjusting entry

April 10. Received $1,200 from customer for six month service contract that began April 1.

Requires Deferred revenue-type of adjusting entry

April 15. Purchased a computer for $1,000.

Requires Deferred expense-type of adjusting entry

April 18. Purchased $300 of office supplies on account

Requires Deferred expense-type of adjusting entry

April 30. Work performed but not yet billed to customer, $500

Requires Accrued revenue-type of adjusting entry

April 30. Employees earned $600 in salaries that will be paid May 2.

Requires Accrued expenses-type of adjusting entry

7 0
3 years ago
Tampa Company has the following information: Total estimated manufacturing overhead costs $300,000 Total estimated direct labor
Anarel [89]

Answer: 33.3%

Explanation: The predetermined overhead rate allocates the manufacturing overhead to products. This is based on an estimate, as it is done at the beginning of the financial year. It uses an allocation base, which is usually a cost driver. A cost driver is a type of activity that causes a change in the cost of said activity. Examples of cost drivers usually used are: direct labour hours or machine hours.

The formula for calculating the predetermined overhead rate is:

Total estimated overhead costs ÷ total estimated overhead allocation base (estimated direct labour costs is used)

300 000 ÷ 900 000 = 0.33333 × 100 = 33.3%

6 0
3 years ago
Groups form naturally, and there is little anyone can do to influence the success or cohesiveness of a group dynamic.
babymother [125]

Answer:

true

Explanation:

just trust me

6 0
3 years ago
GFR Group is the parent company of many related businesses under its banner. Each share of the parent company is quoted at $220.
Ierofanga [76]

Answer:

GFR Group created has successfully created a synergy of $20

Explanation:

The fact that the share price of the company is $20 more than the sum of each strategic business units share prices put together means that the parent has created a synergy of $20.

Synergy means when combined firms far outweigh the results of each strategic units added together

3 0
3 years ago
Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate.
Svetradugi [14.3K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

1) Deposit= $500

An annual simple interest rate of 6.6%

Number of years= 13 years

To calculate the final value, we need to use the following formula:

FV= PV*[i*n]

FV= 500*(0.066*13)= $429

2) Deposit= $500

An annual compounded interest rate of 6.6%

Number of years= 13 years

To calculate the final value, we need to use the following formula:

FV= PV*(1+i)^n

FV= 500*(1.066^13)

FV= $1,147.66

3) Deposit= $500

A quarterly compounded interest rate of 6.6%

Number of years= 13 years

Now:

n= 13*4= 52

i= 0.066/4= 0.0165

FV= 500*(1.0165^52)= $1,171

7 0
3 years ago
Other questions:
  • Which describes a type of tax that funds city programs?
    7·1 answer
  • If the marginal propensity to save is 0.2 in an economy, a $20 billion rise in investment spending will increase:
    9·1 answer
  • What are the primary advantages to owning a franchise?
    6·2 answers
  • Which data model has the highest level of abstraction?
    7·1 answer
  • 2 reasons why it is important to learn how to use a budget
    15·1 answer
  • Plastic and steel are substitutes in the production of body panels for certain automobiles. If the price of plastic increases, w
    7·1 answer
  • Baxley Brothers has a DSO of 46 days, and its annual sales are $6,205,000. What is its accounts receivable balance? Assume that
    11·1 answer
  • Global Services is considering a promotional campaign that will increase annual credit sales by $570,000. The company will requi
    15·1 answer
  • Where do you think the biggest hole is in the registration statement?
    14·1 answer
  • Today, it is stressed even more that companies go beyond just making a profit and take into consideration the environment and ph
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!