expert please answer it simple NO ai use MARIAN CORPORATION HAS TWO SEPARATE DIVISIONS THATOPERATE AS PROFIT CENTERS. THE FOLLOWING INFORMATION ISAVAILABLE FOR THE MOST RECENT YEAR:Sales (net)Salary expenseCost of goods soldBlack DivisionNavy Division$ 8,00,000$ 3,90,00027,00047,0001,00,0001,58,000THE BLACK DIVISION OCCUPIES 19,000 SQUARE FEET IN THE PLANT.THE NAVY DIVISION OCCUPIES 29,000 SQUARE FEET. RENT IS ANINDIRECT EXPENSE AND IS ALLOCATED BASED ON SQUAREFOOTAGE. RENT EXPENSE FOR THE YEAR WAS $49,000.COMPUTE GROSS PROFIT FOR THE BLACK AND NAVY DIVISIONS,RESPECTIVELY.

compute the gross profit for the Black and Navy Divisions of Marian Corporation, let's follow a…

Answered: MARIAN CORPORATION HAS TWO SEPARATE…

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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Xenold, Inc., manufactures and sells cooktops and ovens through three divisions: Home, Restaurant, and Specialty. Each division is evaluated as a profit center. Data for each division for last year are as follows (numbers in thousands): The income tax rate for Xenold, Inc., is 40 percent. Xenold, Inc., has two sources of financing: bonds paying 5 percent interest, which account for 25 percent of total investment, and equity accounting for the remaining 75 percent of total investment. Xenold, Inc., has been in business for over 15 years and is considered a relatively stable stock, despite its link to the cyclical construction industry. As a result, Xenold stock has an opportunity cost of 5 percent over the 4 percent long-term government bond rate. Xenolds total capital employed is 5.04 million (2,600,000 for the Home Division, 1,700,000 for the Restaurant Division, and the remainder for the Specialty Division). Required: 1. Prepare a segmented income statement for Xenold, Inc., for last year. 2. Calculate Xenolds weighted average cost of capital. (Round to four significant digits.) 3. Calculate EVA for each division and for Xenold, Inc. 4. Comment on the performance of each of the divisions.
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Ultimo Company operates three production departments as profit centers. The following Information is avallable tor its most recent year Depntment 2s comciodn to o n dollars is: Sales Department 1 $ 3,500,000 Department 2 $ 1,400,000 Cost of Department 3 goods sold 2,450,000 $ 2,450,0o0 Direct expenses 525,000 1,050,000 Indirect expenses 350,000 140,000 525,000 280,000 350,000 70,000 Multiple Choice $735,000. $525,000. $35,000. $910,000. 10 of 25 no. ( Prev
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Clouthier Corporation has two divisions: Home Division and Commercial Division. The following report is for the most recent operating period: Total Company Home Division Commercial Division Sales $ 572, 000 $ 268, 000 $ 304, 000 Variable expenses $ 205, 790 $ 88, 360 $ 117, 430 Traceable fixed expenses $ 203, 000 $ 91, 000 $ 112, 000 The company's common fixed expenses total $62, 700. Required: What is the Home Division's break - even in sales dollars? What is the Commercial Division's break - even in sales dollars? What is the company's overall break - even in sales dollars? Note: Round intermediate calculations to three decimal places.
Arlington Clothing, Inc., shows the following information for its two divisions for year 1. Lake Region Coastal Region Sales revenue $ 4,160,000 $ 13,070,000 Cost of sales 2,691,300 6,535,000 Allocated corporate overhead 249,600 784,200 Other general and administration 553,900 3,755,000 Required: a. Compute divisional operating income for the two divisions. Ignore taxes. b-1. What are the gross margin and operating margin percentages for both divisions? b-2. How well have these divisions performed?
Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year: Operating income Operating assets Retail Division $ 7,200,000 $37,200,000 Wholesale Division $ 3,700,000 $17,200,000 Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole?
Combe Corporation has two divisions: Alpha and Beta. Data from the most recent month appear below: Alpha Beta Sales $ 167,000 $ 362,300 Variable expenses $ 106,880 $ 166,300 Traceable fixed expenses $ 101,970 $ 120,900 The company’s common fixed expenses total $84,800. The break-even in sales dollars for Alpha Division is closest to: *MULTIPLE CHOICE: see image

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