Quinlan Corporation has two divisions: the Industrial Equipment Division and the Consumer Goods Division. The Industrial Equipment Division's divisional segment margin is $42,500, and the Consumer Goods Division's divisional segment margin is $88,300. The total amount of common fixed expenses not traceable to the individual divisions is $108,400. What is the company's net operating income?

Quinlan Corporation has two divisions: the Industrial Equipment Division and the Consumer Goods Division. The Industrial Equipment Division's divisional segment margin is $42,500, and the Consumer Goods Division's divisional segment margin is $88,300. The total amount of common fixed expenses not traceable to the individual divisions is $108,400. What is the company's net operating income?

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter10: Evaluating Decentralized Operations

Section: Chapter Questions

Problem 7E: Horton Technology has two divisions, Consumer and Commercial, and two corporate support departments,...

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Quinlan Corporation has two divisions: the Industrial Equipment Division and the Consumer Goods Division. The Industrial Equipment Division's divisional segment margin is $42,500, and the Consumer Goods Division's divisional segment margin is $88,300. The total amount of common fixed expenses not traceable to the individual divisions is $108,400. What is the company's net operating income?help
What is the company net operating income?
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Mnak Corporation has two divisions: the OT Products Division and the NT Products Division. The OT Products Division's divisional segment margin is P255,000 and the NT Products Division's divisional segment margin is P59,800. The total amount of common fixed expenses not traceable to the individual divisions is P163,700. What is the company's net operating income? (P314,800) P151,100 P379,200 P455,000
Granville Corporation has two divisions: The Beta Division and the Delta Division. The Beta Division has sales of $375,000, variable expenses of $182,500, and traceable fixed expenses of $84,200. The Delta Division has sales of $580,000, variable expenses of $312,700, and traceable fixed expenses of $128,600. The total amount of common fixed expenses not traceable to the individual divisions is $145,500. What is the company's net operating income (NOI)? answer
Granville Corporation has two divisions: The Beta Division and the Delta Division. The Beta Division has sales of $375,000, variable expenses of $182,500, and traceable fixed expenses of $84,200. The Delta Division has sales of $580,000, variable expenses of $312,700, and traceable fixed expenses of $128,600. The total amount of common fixed expenses not traceable to the individual divisions is $145,500. What is the company's net operating income (NOI)? Please provide answer
Hill Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $590,000, variable expenses of $300,600, and traceable fixed expenses of $186,500. The Alpha Division has sales of $520,000, variable expenses of $188,500, and traceable fixed expenses of $222,100. The total amount of common fixed expenses not traceable to the individual divisions is $235,500. What is the company's net operating income? $374,400 $212,300 $620,900 ($23,200)
Dukelow Corporation has two divisions: the Governmental Products Division and the Export Products Division. The Governmental Products Division's divisional segment margin is $37,300 and the Export Products Division's divisional segment margin is $89,700. The total amount of common fixed expenses not traceable to the individual divisions is $100,400. What is the company's net operating income (loss)? Multiple Choice $227,400 $127,000 $26,600 ($127,000)
Miscavage Corporation has two divisions: the Beta Division and the Alpha Division. The Beta Division has sales of $280,000, variable expenses of $146,100, and traceable fixed expenses of $68,300. The Alpha Division has sales of $590,000, variable expenses of $327,800, and traceable fixed expenses of $128,700. The total amount of common fixed expenses not traceable to the individual divisions is $129,200. What is the company's net operating income? Multiple Choice $69,900 $199,100 $262,200 $396,100
Musselwhite Corporation has two divisions. Division 1 has a contribution margin of $79,300 and Division 2 has a contribution margin of $126,200. If total traceable fixed expenses are $77,200 and total common fixed expenses are $34,900, what is Musselwhite Corporation's net operating income? $98,200 $93,400 O $163,200 O $170,600 Next▸
Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution margin ratio, and net operating income are $790,000, 48%, and $15,800, respectively. The North Division’s contribution margin and contribution margin ratio are $150,800 and 52%, respectively. The South Division’s segment margin is $95,000. The company has $150,100 of common fixed expenses that cannot be traced to either division. Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (i.e .1234 should be entered as 12.3).)
Shannon Company segments its income statement into its North and South Divisions. The company’s overall sales, contribution margin ratio, and net operating income are $480,000, 36%, and $9,600, respectively. The North Division’s contribution margin and contribution margin ratio are $92,000 and 40%, respectively. The South Division’s segment margin is $32,500. The company has $62,400 of common fixed expenses that cannot be traced to either division. Required: Prepare an income statement for Shannon Company that uses the contribution format and is segmented by divisions. In addition, for the company as a whole and for each segment, show each item on the segmented income statements as a percent of sales. (Round your percentage answers to 1 decimal place (i.e .1234 should be entered as 12.3).)