Calculate the century division contribution margin

Assignment Help Accounting Basics
Reference no: EM131812096

Question - Gluten Corporation has the following information pertaining to its Century Division for this year:

Century

Fixed manufacturing expenses $65,000

Fixed selling and administrative expenses 56,000

Sales 375,000

Direct manufacturing costs (variable) 88,000

Variable selling and administrative expenses 32,000

Corporate expenses allocated to the Century Division $89,000

Calculate the Century Division's contribution margin.

Reference no: EM131812096

Questions Cloud

Find what would be the unit transfer price : If Division Y transfers 6,000 units this period at absorption cost plus 10% markup, what would be the unit transfer price
Find the long-run probability : Every Sunday, Bob calls Liz to see if she will play tennis with him on that day. If Liz has not played tennis with Bob since i Sundays ago.
Materials conversion costs equivalent units cost : Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2017 totaled $ 2,300,500 as follows.
Probability that the game goes forever with nobody winning : Two gamblers play the game of "heads or tails," in which each time a fair coin lands heads up player A wins $1 from B, and each time it lands tails up.
Calculate the century division contribution margin : Fixed manufacturing expenses $65,000, Sales 375,000. Calculate the Century Division's contribution margin
Perpetual inventory system with a subsidiary ledger : The RJM Company uses the perpetual inventory system with a subsidiary ledger for inventory. Enter the following information in the inventory balance for product
Prepare journal entries for the may transactions : Prepare journal entries for the May transactions: (i) for purchase of raw materials, factory labor costs incurred, and manufacturing overhead costs incurred
What is the markup on variable costs needed : Faulkner Corporation has the following budgeted costs for 20,000 units: What is the markup on variable costs needed to obtain a target profit of $75,000
Chicken production operation : Roberto invested $18,000 in a chicken production operation. Using nonrecourse notes, the business purchases $120,000 worth o fgrain to feed the chickens

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd