5. Data for June for Ozaki Corporation and its two major business segments, North and South, appear below: Sales revenues, North. $550,000 Variable expenses, North. $270,000 Traceable fixed expenses, North $88,000 Sales revenues, South $110,000 Variable expenses, South $47,000 Traceable fixed expenses, South........ $21,000 In addition, common fixed expenses totaled $145,000 and were allocated as follows: $73,000 to the North business segment and $72,000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is: A. $270,000 B. $119,000 C. $207,000 D. $192,000

Stockton Co. prepared its income statement containing the information below. Using vertical analysis, what percentages would apply to cost of sales, gross profit, and interest expense, respectively?          Net Sales Revenue $ 649,000   Cost of Sales   431,000   Gross Profit   218,000   Operating and Other Expenses   88,500   Interest Expense   32,500   Income Tax Expense   35,500   Net Income $ 61,500         Cost of Sales Gross Profit Interest Expense A)   73.4 %   100.0 %   16.3 %   B)   49.7 %   60.7 %   39.7 %   C)   100.0 %   50.6 %   8.2 %   D)   66.4 %   33.6 %   5.0 %             Multiple Choice   Option B   Option C   Option A   Option D

N2. Account

Please solve this provide

[The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) income results for the year.    Department M Department N Department O Department P Department T Total Sales $ 67,000 $ 37,000 $ 60,000 $ 46,000 $ 32,000 $ 242,000 Expenses             Avoidable 11,800 38,800 23,600 16,000 41,400 131,600 Unavoidable 53,400 15,000 4,600 31,800 12,600 117,400 Total expenses 65,200 53,800 28,200 47,800 54,000 249,000 Income (loss) $ 1,800 $ (16,800) $ 31,800 $ (1,800) $ (22,000) $ (7,000)     Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated.

Assume Marigold Company has the following reported amounts: Sales revenue $ 500,000, Sales returns and allowances $ 21,000, Cost of goods sold $ 325,000, and Operating expenses $ 75,000. (a) Compute net sales. Net sales $ (b) Compute gross profit. Gross profit $ (c) Compute income from operations. Income from operations (d) Compute the gross profit rate. (Round answer to 1 decimal place, e.g. 25.2%.) Gross profit rate

The following data and information are provided for Waltz Corporation.  Use net income after taxes as margin. Sales Revenue                         $1,000,000                  Average total assets used during the year = $200,000 Cost of Goods Sold                -500,000                      Inventory = $60,000 Gross Margin                            500,000                     Long-term liabilities = $100,000 Selling Expenses                     -386,000                      Accounts receivable = $10,000 Administrative Expenses          -80,000                      Cost of total invested capital = 12% Net Operating Income               34,000                      Fixed expenses = $300,000 Other Income & Expense           -6,000                      Variable expenses = 666,000 Net Income before Taxes          28,000                      Average price per unit sold = $10                  Income Taxes                              -8,000 Net Income after Taxes           $ 20,000…

Required Information [The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) income results for the year. Sales Expenses Department M $ 89,000 Department N $ 47,000 Department o $ 85,000 Department P $ 73,000 Department T $ 46,000 Total $ 340,000 48,400 24,600 Total expenses Income (loss) 73,000 $ 9,400 $ (26,000) 19,100 6,200 25,300 $ 59,700 24,000 55,800 167,100 59,700 23,800 174,100 83,700 79,600 341,200 $ (10,700) $ (33,600) $ (1,200) Avoidable Unavoidable 19,800 59,800 79,600 b. Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated. Answer is complete but not entirely correct. Total increase in income $ 10,800

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Data for January for Blondi Corporation and its two major business segments, North and South, appear below Sales revenues, North Variable expenses, North Traceable fixed expenses, North Sales revenues, South Variable expenses, South Traceable fixed expenses, South In addition, common fixed expenses totaled $179.000 and were allocated as follows: $93,000 to the North business segment and $86.000 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is: Multiple Choice $7,000) $172,000 $351,000 $496,000 $660,000 $ 383,000 $ 79,000 s 510,000 $ 291,000 $ 66,000