Provide answer this accounting question not use chatgpt Department A had total sales of $84,000 and Department B hadtotal sales of $36,000. Other office expenses, totaling $2,500 areallocated on the basis of total sales. The amount allocated toDepartment B is:a) $750b) $1,750c) $1,250d) $1,071

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Answered: Department A had total sales of $84,000…

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter25: Departmental Accounting

Section: Chapter Questions

Problem 1CE

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Division P reported Income from Operations of $875,000 and Total Service Department Charges of $575,000. Therefore, which statement is correct: Income from Operations before Service Department Charges was $1,450,000 O Income from Operations before Service Department Charges was $300,000 Net Income was $300,000 Gross Profit was $300,000
Service department charges In divisional income statements prepared for Demopolis Company, the Payroll Department costs are charged back to user divisions on the basis of the number of payroll distributions, and the Purchasing Department costs are charged back on the basis of the number of purchase requisitions. The Payroll Department had expenses of 64,560, and the Purchasing Department had expenses of 40,000 for the year. The following annual data for Residential, Commercial, and Government Contract divisions were obtained from corporate records: A. Determine the total amount of payroll checks and purchase requisitions processed per year by the company and each division. B. Using the cost driver information in (A), determine the annual amount of payroll and purchasing costs allocated to the Residential, Commercial, and Government Contract divisions from payroll and purchasing services. C. Why does the Residential Division have a larger support department allocation than the other two divisions, even though its sales are lower?
am.1100.
[The following information applies to the questions displayed below.] Suresh Company reports the following segment (department) income results for the year. Department M $ 87,000 Department P $ 69,000 Department T $ 42,000 Total Department N Department 0 $ 47,000 $ 83,000 $ 328,000 Sales Expenses Avoidable 18,800 59,000 77,800 $ 9,200 47,200 23,400 70,600 $ (23,600) 18,500 6,000 24,500 $ 58,500 23,000 58,500 81,500 $ (12,500) 54,000 22,400 76,400 $ (34,400) 161,500 169,300 330,800 $ (2,800) Unavoidable Total expenses Income (loss) Exercise 23-9 (Algo) Part 1 a. If the company plans to eliminate departments that have sales less than avoidable costs, which department(s) would be eliminated? Department Decision Department M Department N Department O Department P Department T
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
Lunox Corporation is composed of two major subunits: Wholesale and Retail. In December, Retail reported sales revenues - P730,000, variable expenses - P409,000, and traceable fixed expenses of P117,000. On the other hand, Wholesale reported sales revenues - P400,000, variable expenses - P220,000, and traceable fixed expenses of P48,000. Common fixed expenses totaled P218,000 and were allocated as follows: P122,000 to the Retail business segment and P96,000 to the Wholesale business segment. What is the segment margin % of the less profitable segment in terms of absolute pesos? Answer format = two decimal points with percentage symbol
Lunox Corporation is composed of two major subunits: Wholesale and Retail. In December, Retail reported sales revenues - P730,000, variable expenses - P409,000, and traceable fixed expenses of P117,000. On the other hand, Wholesale reported sales revenues - P400,000, variable expenses - P220,000, and traceable fixed expenses of P48,000. Common fixed expenses totaled P218,000 and were allocated as follows: P122,000 to the Retail business segment and P96,000 to the Wholesale business segment. What is the segment margin % of the less profitable segment in terms of absolute pesos? Answer format = two decimal points with percentage symbol (i.e. 10.00%)
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Selling, general, and administrative expenses were $149,600; net sales were $680,000; interest expense was $16,300; research and development expenses were $71,400; net cash provided by operating activities was $180,500; income tax expense was $15,240; cost of goods sold was $374,000. a. Calculate operating income for the period. b. Calculate net income for the period.
The following are available for divison X and Y Profit before interest and tax X 185 000 Y172 000 Capital employed X 1 540 000 Y 1 650 000 The cost of capital is 10% comment on the performance of the departments based on a. Return on capital employed b.residual income
Given the following information: Revenue from Operations 3,40,000 Cost of Revenue from Operations 1,20,000 Selling expenses 80,000 Administrative Expenses 40,000 Calculate Gross profit ratio and Operating ratio.

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Department A had total sales of $84,000 and Department B had total sales of $36,000. Other office expenses, totaling $2,500 are allocated on the basis of total sales. The amount allocated to Department B is: a) $750 b) $1,750 c) $1,250 d) $1,071