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Fixed costs: Allocated portion of receptionist's salary Dentist salary Equipment depreciation. Allocated portion of building depreciation Total fixed costs Operating income (loss). T ▼ 2,900 T 9,500 ▾ 5,900 Budget 14,900 In addition, the owners know that the investment in operating assets at the beginning of the month was $80,000, and it was $70,000 at the end of the month. They have asked for your assistance in evaluating their current performance reporting system. 33,200 Prepare an investment center responsibility report for the Preventative Services segment for May 2020. (Round ROI to 1 decimal place, e.g. 1.5%.) $(7,650) Show Transcribed Text 150 Unfavorable 400 Unfavorable -0- Neither Favorable nor Unfavorable 1,000 Unfavorable 1.550 Unfavorable $410 Unfavorable G C DINKLE AND FRIZELL DENTAL CLINIC Preventive Services Responsibility Report For the Month Ended May 31, 2017 Actual Difference Favorable F Unfavorable U Neither Favorable. nor Unfavorable N ▼ ▾

Fixed costs: Allocated portion of receptionist's salary Dentist salary Equipment depreciation. Allocated portion of building depreciation Total fixed costs Operating income (loss). T ▼ 2,900 T 9,500 ▾ 5,900 Budget 14,900 In addition, the owners know that the investment in operating assets at the beginning of the month was $80,000, and it was $70,000 at the end of the month. They have asked for your assistance in evaluating their current performance reporting system. 33,200 Prepare an investment center responsibility report for the Preventative Services segment for May 2020. (Round ROI to 1 decimal place, e.g. 1.5%.) $(7,650) Show Transcribed Text 150 Unfavorable 400 Unfavorable -0- Neither Favorable nor Unfavorable 1,000 Unfavorable 1.550 Unfavorable $410 Unfavorable G C DINKLE AND FRIZELL DENTAL CLINIC Preventive Services Responsibility Report For the Month Ended May 31, 2017 Actual Difference Favorable F Unfavorable U Neither Favorable. nor Unfavorable N ▼ ▾

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Fixed costs: Allocated portion of receptionist's salary Dentist salary Equipment depreciation Allocated portion of building depreciation Total fixed costs Operating income (loss) ▼ ▾ 2,900 In addition, the owners know that the investment in operating assets at the beginning of the month was $80,000, and it was $70,000 at the end of the month. They have asked for your assistance in evaluating their current performance reporting system. T 9,500 Prepare an investment center responsibility report for the Preventative Services segment for May 2020. (Round ROI to 1 decimal place, e.g. 1.5%.) ▾ 5,900 Show Transcribed Text Budget 14,900 33,200 $(7,650) 150 Unfavorable 400 Unfavorable -0- Neither Favorable nor Unfavorable 1,000 Unfavorable 1.550 Unfavorable $410 Unfavorable G DINKLE AND FRIZELL DENTAL CLINIC Preventive Services Responsibility Report For the Month Ended May 31, 2017 Actual Difference Favorable F Unfavorable U Neither Favorable nor Unfavorable N ▼
Transcribed Image Text:Fixed costs: Allocated portion of receptionist's salary Dentist salary Equipment depreciation Allocated portion of building depreciation Total fixed costs Operating income (loss) ▼ ▾ 2,900 In addition, the owners know that the investment in operating assets at the beginning of the month was $80,000, and it was $70,000 at the end of the month. They have asked for your assistance in evaluating their current performance reporting system. T 9,500 Prepare an investment center responsibility report for the Preventative Services segment for May 2020. (Round ROI to 1 decimal place, e.g. 1.5%.) ▾ 5,900 Show Transcribed Text Budget 14,900 33,200 $(7,650) 150 Unfavorable 400 Unfavorable -0- Neither Favorable nor Unfavorable 1,000 Unfavorable 1.550 Unfavorable $410 Unfavorable G DINKLE AND FRIZELL DENTAL CLINIC Preventive Services Responsibility Report For the Month Ended May 31, 2017 Actual Difference Favorable F Unfavorable U Neither Favorable nor Unfavorable N ▼
The Dinkle and Frizell Dental Clinic provides both preventive and orthodontic dental services. The two owners, Reese Dinkle and Anita Frizell, operate the clinic as two separate investment centers: Preventive Services and Orthodontic Services. Each of them is in charge of one of the centers: Reese for Preventive Services and Anita for Orthodontic Services. Each month, they prepare an income statement for the two centers to evaluate performance and make decisions about how to improve the operational efficiency and profitability of the clinic. Recently, they have been concerned about the profitability of the Preventive Services operations. For several months, it has been reporting a loss. The responsibility report for the month of May 2020 is shown below. Service revenue Variable costs: Filling materials Novocain Supplies Dental assistant wages Utilities Total variable costs Actual $39,000 4,900 3,900 1,800 2,400 450 13,450 Difference from Budget $1,000 Favorable 100 Unfavorable 50 Unfavorable 370 Favorable -0- Neither Favorable nor Unfavorable 80 Unfavorable 140 Favorable
Transcribed Image Text:The Dinkle and Frizell Dental Clinic provides both preventive and orthodontic dental services. The two owners, Reese Dinkle and Anita Frizell, operate the clinic as two separate investment centers: Preventive Services and Orthodontic Services. Each of them is in charge of one of the centers: Reese for Preventive Services and Anita for Orthodontic Services. Each month, they prepare an income statement for the two centers to evaluate performance and make decisions about how to improve the operational efficiency and profitability of the clinic. Recently, they have been concerned about the profitability of the Preventive Services operations. For several months, it has been reporting a loss. The responsibility report for the month of May 2020 is shown below. Service revenue Variable costs: Filling materials Novocain Supplies Dental assistant wages Utilities Total variable costs Actual $39,000 4,900 3,900 1,800 2,400 450 13,450 Difference from Budget $1,000 Favorable 100 Unfavorable 50 Unfavorable 370 Favorable -0- Neither Favorable nor Unfavorable 80 Unfavorable 140 Favorable
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