User Account

All Pages

Calculate the missing amounts for each division

Assignment Help Cost Accounting
Reference no: EM13515599

Investment center analysis; ROI and residual income Milano Corporation has three operating divisions and requires a 12% return on all investments. Selected information is presented here:

Division A

Division B

Division C

Revenues

$500,000

?

?

Operating income

$60,000

?

$80,000

Operating assets

$250,000

$600,000

?

Margin

?

12%

?

Turnover

?

1 turn

2 turns

ROI

?

?

?

Residual income

?

?

$20,000

Required:

a. Calculate the missing amounts for each division.

b. Comment on the relative performance of each division.

c. Provide an example to show how residual income improves decision making at the divisional level.

Reference no: EM13515599

Questions Cloud

Calculate the actual cost per pound of fiberglass : Calculate the actual cost per pound of fiberglass purchased during August and calculate the direct materials purchase price variance for August.
Define a thermometer containing 9.5 of mercury has broken : A thermometer containing 9.5 of mercury has broken. If mercury has a density of 13.6 , what volume spilled
Calculate the effect on total company net income : Criticize the preceding presentation. On what basis does the $30,000 of company fixed expenses appear to be allocated - calculate the effect on total company net income if the MV12 model were discontinued.
State decomposition of 38 mg of tetraphenylcyclopentadienone : In Hexaphenylbenzene synthesis, using tetraphenylcyclopentadiene and diphenylacetylene, what volume of carbon monoxide, measured at STP, is produced by the decomposition of 38 mg of tetraphenylcyclopentadienone
Calculate the missing amounts for each division : Calculate the missing amounts for each division and comment on the relative performance of each division.
Calculate a labor efficiency variance expressed : Calculate the number of workers that should have been available to process July claims - calculate a labor efficiency variance expressed as both a number of workers and a dollar amount for the month.
How to compute the concentration of cu in the chloroform : Calculate the concentration of Cu in the chloroform phase if 39 mL of a 0.28 M aqueous Cu solution buffered to pH 4 is equilibrated with 12 mL of chloroform.
Basic option strategies : If a person writes a covered call with a striking price of $45 and receives $3 in premium, exercise will occur if the stock price is above ___ on expiration day.
Calculate the rate of return on the investment : Calculate the rate of return on the investment based on the financial statement impacts of the investment.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Calculate the companies predetermined overhead application

Calculate the companies predetermined overhead application rate and calculate the additions to the work-in-process inventory account for the direct material used, direct labor and manufacturing overhead.

  Compute employers payroll taxes

Recording the deposit of social security, Medicare, and income taxed - Compute employers payroll taxes

  Should gruden accept the special order

Determine whether Jobs should accept this offer and Determine whether Jobs should accept this offer - Should Gruden accept the special order

  Show the ethics of hasbrows

Should the shipment on 31 st December be recorded as a sale? Show the ethics of Hasbrow's

  Advise him citing all relevant legal authority

One from United Trucks Pty Ltd requiring him to cease the operations of Sunshine Trucks Ltd in Queensland, the other from Grasping Bank Ltd threatening to sue him for $ 100 000. Advise him, citing all relevant legal authority.

  What interest rate will be used to calculate interest expens

In 2007, Horwitz Corporation issued ten-year, 9 percent bonds when the market interest rate was 11 percent. Interest is payable annually. During 2010, the market rate of interest for similar bonds was 12 percent. Using the effective, interest meth..

  What criteria for cost allocation decisions

Describe the cost and explain what criteria for cost allocation decisions is being followed

  Why does panel a have higher gross and net profit rates

Why does Panel A have higher gross and net profit rates than panel B? Make sure to use the case study and your profit statements to support your discussion.

  Determine the operating income for the olive oil division

Determine the operating income for the olive oil division using your recommendation.

  Find cost relevant

Find cost relevant in deciding whether to move the manufacturing facility to a different location -  Brown Manufacturing Company

  On january 15 2011 leno inc which has a march 31 year-end

on january 15 2011 leno inc. which has a march 31 year-end entered into a transaction to sell the land and building

  Question phoebe ltd manufactures several different

question phoebe ltd manufactures several different products which pass through two production cost centres p1 and

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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