Hamilton profit margin be if blaine were dropped

Assignment Help Accounting Basics
Reference no: EM13685955

Hamilton, Inc. has two divisions, Parker and Blaine. Following is the income statement for the previous year:

Of the total fixed costs, $600,000 are common fixed costs that are allocated equally between the divisions. What would Hamilton's profit margin be if Blaine were dropped?
$(240,000)
$(150,000)
$110,000
$150,000

Reference no: EM13685955

Questions Cloud

Size of the plants or the amount of capital equipment : A firm has two plants, one in Mexico and one in the United States and it cannot change the size of the plants or the amount of capital equipment. The wage in Mexico is $5. The wage in the U.S. is $20.
Goal of maximizing the value of stock : Goal of maximizing the value of stock conflict with other goals
Which element of internal control deals with establishing : Which element of internal control deals with establishing procedures for things such as handling of income checks
The partnership liquidation : The partnership liquidation.
Hamilton profit margin be if blaine were dropped : What would Hamilton's profit margin be if Blaine were dropped?
Decrease in quantity demanded : For a particular good, a ten percent increase in price causes a three percent decrease in quantity demanded. Which of the following statements is most probable applicable to this good?
Customer consumes two normal goods-chocolate and coffee : A customer consumes two normal goods, chocolate and coffee. The price of coffee rises. The income effect, by itself, suggests that the customer will consume
When indifference curves are bowed inward : When indifference curves are bowed inward, the marginal rate of substitution is
Quantity of money supplied is greater than quantity demanded : According to liquidity preference theory, if the quantity of money supplied is greater than the quantity demanded, then the interest rate will. Fiscal policy makers are working to increase Aggregate Demand to the greatest extent they can. They have $..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Flip company purchased equipment on january 1 2011 for

flip company purchased equipment on january 1 2011 for 90000. it is estimated that the equipment will have a 5000

  An explanatory paragraph would be necessary

Describe the five situations in which an explanatory paragraph would be necessary in an unqualified opinion.

  A client operates a small business organized as a sole

a client operates a small business organized as a sole propreintship and is considering change the business to operate

  Compute the overhead rate for veronica company

Veronica Company allocates overhead costs to jobs on the basis of directo labor-hours. Its estimated average monthly factory costs for 2005 were as follows: Compute the overhead rate for Veronica Company.

  Involuntary conversions

Which of the following statements is false regarding involuntary conversions?

  Lewis industries adopted a defined benefit pension plan on

lewis industries adopted a defined benefit pension plan on january 1 2013. by making the provisions of the plan

  Business accounts receivable

Rons sells his business accounts receivable of $100,000 to Mike for $80,000 (80% of the face value of the accounts reveivable). Mike later determines that he will be able to collect only 9000, of a 10,000 receivable. Mike's basis in the 10,000 acc..

  Prepare two contribution format income statements one

stratford company distributes a lightweight lawn chair that sells for 80 per unit. variable expenses are 40.00 per unit

  In 2010 aaron pays 3000 to become a charter member of

1. upon the recommendation of a physician joshua has a dust elimination system installed in his personal residence. he

  Lacy construction has a noncontributory defined benefit

lacy construction has a noncontributory defined benefit pension plan. at december 31 2013 lacy received the following

  Calculate the percentage increase or decrease over the

calculate the gross profit percentage and the net income percentage for the income statement of harvey company round to

  Boyles home center a retailing company has two departments

boyles home center a retailing company has two departments bath and kitchen. the companys most recent monthly

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