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vagabundo [1.1K]
2 years ago
12

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

in, Inc. Los Angeles Division Bay Area Division Central Valley Division Revenues $ 750,000 $ 200,000 $ 235,000 $ 325,000 Variable operating expenses 410,000 110,000 120,000 180,000 Controllable fixed expenses 210,000 65,000 75,000 70,000 Noncontrollable fixed expenses 60,000 15,000 20,000 25,000 In addition, the company incurred common fixed costs of $18,000. Assume that the Los Angeles division increases its promotion expense, a controllable fixed cost, by $10,000. As a result, revenues increased by $50,000. If variable expenses are tied directly to revenues, the new Los Angeles segment profit margin is:
Business
1 answer:
goblinko [34]2 years ago
8 0

Answer:

$112,500

Explanation:

With regards to the above information, we would compute first the Los Angeles division revenue.

Contribution margin

= Loss Angeles division revenues - Variable operating expenses

Los Angeles division revenues

= $200,000 + $50,000

= $250,000

Variable operating expenses

= ($110,000 × $250,000) / $200,000

= $137,500

Therefore,

Contribution margin

= $250,000 - $137,500

= $112,500

It means that if variable expenses are tied directly to revenues, the new Los Angeles profit margin would be $112,500

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Masteriza [31]

Answer:

Lee's portion of income =$81, 900

Explanation:

<em>The income or loss would be shared according to the ratio of capital contributed. The ratio is the proportion of capital contribute per partner to the total pool of capital.</em>

Lee;s portion of income

= lees capital/total capital × reported income

= 301,500/(201,000+167,500+ 301,500)  × 182,000

= $81, 900

Lee's portion of income =$81, 900

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2 years ago
On TV a commercial plays from Progressive insurance. Their spokeswoman, Flo, is extolling the benefits of the Name Your Price to
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Answer:

cultural elements of a company

Explanation:

distinctive personality

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3 years ago
how can the size of the industrial/service sector and the agriculture employment rate indicate the level of industrialization?​
dolphi86 [110]

Answer:

A larger industrial and service sector, and a larger number of people working outside of agriculture, can indicate a higher level of industrialization in the economy and vice versa. This means that the size of industrial service and the sector of agriculture employment rate indicates the level of industrialization because if the agriculture employment is higher than the industrial service it means that the country is not fully developed yet and therefore the level of industrialization is lower. But if the industrial service is higher than the agriculture employment that suggests or indicates that the country is developing or developed. For example in the United States the size of the industrial/service sector is much larger than it's agricultural employment and therefore this should suggest that country is much more industrialized or developed and the United States is. In comparison you take a developing country such as Chad and you can see that the agricultural employment is higher than the size of the industrial/service sector and in relation to this you can see that Chad must have a lower level of industrialization and in fact it does.

Explanation:

3 0
2 years ago
Which of the following best describes retained earnings? Select one: Shows in and out flows of cash from the company during a pe
jarptica [38.1K]

The option that best describes retained earnings is records level of reinvested profits.

<h3>What is retained earnings?</h3>

Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends or used to pay debtors. It is the amount of money that can be reinvested into the business.

To learn more about retained earnings, please check: brainly.com/question/14529006

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6 0
2 years ago
Aquaguard manufactures three models of water purifiers in three separate plants at Taiwan. These plants serve the demand in Euro
Zanzabum

Answer:

Aquaguard may choose any of the  two models to minimize the production variability in the new plant.

Explanation:

Model 1: Mean = 1000, Standard Deviation(SD) = 300

Model 2: Mean = 1000, SD = 300

Model 3: Mean = 1000, SD = 300

Coefficient of variation for model 1

C.V = ( SD ÷ Mean) × 100

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= 30 %

 We conclude that all the models have same effect .

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3 years ago
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