Samson Chemical Corporation has three divisions. Following is division information from the most recent year. Division Information for Samson Chemical For the Year Ending December 31 Operating Income Functional Ingredients $5,445 Consumer Markets $2,544 Performance Materials $3,995 Assets Sales Revenue $12,100 $21,780 $10,600 $21,200 $17,000 $17,000 For each of the three divisions, calculate the capital turnover.

Samson Chemical Corporation has three divisions. Following is division information from the most recent year. Division Information for Samson Chemical For the Year Ending December 31 Operating Income Functional Ingredients $5,445 Consumer Markets $2,544 Performance Materials $3,995 Assets Sales Revenue $12,100 $21,780 $10,600 $21,200 $17,000 $17,000 For each of the three divisions, calculate the capital turnover.

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 5E: Service department charges In divisional income statements prepared for Demopolis Company, the...

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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 $48,024, and the Purchasing Department had expenses of $22,000 for the year. The following annual data for Residential, Commercial, and Government Contract divisions were obtained from corporate records: Line Item Description Residential Commercial Government Contract Sales $460,000 $609,000 $1,399,000 Number of employees: Weekly payroll (52 weeks per year) 110 85 90 Monthly payroll 30 41 28 Number of purchase requisitions per year 2,100 1,500 1,400 Required: a. Determine the total amount of payroll checks and purchase requisitions processed per year by the company and each division. Line Item Description Residential Commercial…
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