The Cook Corporation has two divisions-East and West. The divisions have the following revenues and expenses: East West $590,000 S 456,500 232,000 144,000 151,200 $ 62,800 S(186,700) Sales Variable costs 294, 300 160, 200 188, 700 Traceable fixed costs Allocated common corporate costs Net operating income (loss) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated. Its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by this decision. Given these data, the elimination of the West Division would result in company net operating income (loss) of Multiple Choice $62.800 S25.900) Sr86.700) S123,900) O O O

The Cook Corporation has two divisions-East and West. The divisions have the following revenues and expenses: East West $590,000 S 456,500 232,000 144,000 151,200 $ 62,800 S(186,700) Sales Variable costs 294, 300 160, 200 188, 700 Traceable fixed costs Allocated common corporate costs Net operating income (loss) The management of Cook is considering the elimination of the West Division. If the West Division were eliminated. Its traceable fixed costs could be avoided. Total common corporate costs would be unaffected by this decision. Given these data, the elimination of the West Division would result in company net operating income (loss) of Multiple Choice $62.800 S25.900) Sr86.700) S123,900) O O O

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

I just need d) answered. A, B,and C have been answered.
Buckley Company operates three segments. Income statements for the segments imply that profitability could be improved if Segment A were eliminated. BUCKLEY COMPANY Income Statements for Year 2 Segment A B C Sales $ 330,000 $ 480,000 $ 500,000 Cost of goods sold (242,000 ) (184,000 ) (190,000 ) Sales commissions (30,000 ) (44,000 ) (44,000 ) Contribution margin 58,000 252,000 266,000 General fixed operating expenses (allocation of president’s salary) (92,000 ) (92,000 ) (92,000 ) Advertising expense (specific to individual divisions) (6,000 ) (20,000 ) 0 Net income (loss) $ (40,000 ) $ 140,000 $ 174,000 Required Prepare a schedule of relevant sales and costs for Segment A. Prepare comparative income statements for the company as a whole under two alternatives: (1) the retention of Segment A and (2) the elimination of Segment A. Options for required A table are: Advertising…
Please answer in text form ( without image)
The Maxim Corporation reported the following operating results for its three divisions: South, West, and East. West Division $1,700,000 50,000 East Division $2,000,000 $ $ 100,000 $ 625,000 $ 800,000 Sales. After-tax income Divisional assets. Which division has the largest asset turnover? Multiple Choice O South. West. South Division $ 380,000 $ 20,000 $ 200,000 East All three divisions have the same asset turnover.
1 ) Retail Division = ( 1125 / 2500 ) x 264000 = 118800 commercial division = ( 1375 / 2500 ) x 264000 = $ 145200 Using the data for Lee Company above along with the following data, determine the divisional income from operations for the Division and the Commercial Division:
sasvita
Please do not give solution in image format ? And Fast Answering Please ? And Explain Proper Step by Step.
None
Want the correct answer from option
7)
Your Corporation has two divisions: A Division and B Division. The corporation's net operating income is $31,800. The A Division's divisional segment margin is S111,800 and the B Division's divisional segment margin is $152,800. What is the amount of the common fixed expense not traceable to the individual divisions? O $121,000 O $232,800 O $ 80,000 O $296,400