Accounting question please given answer The East and West Railroad has 2 divisions. The company recently invested $800,000 tomaintain its railroad track and pertinent data for the two divisions are as follows:Total Miles TraveledEast Division 800,000 milesWest Division 1,200,000 mileWhat is the amount of track improvement cost that should be allocated to the WestDivision?

Step 1: Define Joint CostIf a company have production of multiple products some expenses of the…

Answered: The East and West Railroad has 2…

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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The Western and Pacific Railroad has two divisions, the Western Division and the Pacific Division. The company recently Invested $8,700,000 to maintain its rallroad track. Pertinent data for the two divisions are as follows: Total Miles Traveled: Western Division Pacific Division The amount of track Improvement cost that should be allocated to the Western Division is: Note: Round Intermediate calculations to 1 decimal place. Multiple Choice $550,633. $3,219,000. $536,500. 870,000 miles 1,500,000 miles $435,000.
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(J) Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division ADivision BDivision CSales$ 12,120,000$ 28,120,000$ 20,120,000Average operating assets$ 3,030,000$ 7,030,000$ 5,030,000Net operating income$ 496,920$ 449,920$ 503,000Minimum required rate of return7.00%7.50%10.00%Required: 1. Compute the margin, turnover, and return on investment (ROI) for each division. 2. Compute the residual income (loss) for each division. 3. Assume that each division is presented with an investment opportunity that would yield a 8% rate of return. a. If performance is being measured by ROI, which division or divisions will probably accept the opportunity? b. If performance is being measured by residual income, which division or divisions will probably accept the opportunity
Shaq Company operates with three segments: Louisiana, Orlando, and Los Angeles.Data regarding these segments is as follows: LouisianaSegment OrlandoSegment Los AngelesSegment Contribution to indirect expenses $328,500 $207,600 $155,500 Assets directly used & identified with segment $1,858,700 $1,410,000 $742,600 1. Calculate the return on investment for each segment. Rank them from highest to lowest. Round percent to 1 decimal place. LouisianaSegment OrlandoSegment Los AngelesSegment Segment Net Income Investment base (assets) ROI (%) Rankings (1,2, or 3, where 1 is the best) 2. Assume the cost of capital is 14% for a segment. Calculate residual income for each segment. Rank them from highest to lowest. Round percent to 1 decimal place. LouisianaSegment OrlandoSegment Los AngelesSegment Segment Net Income Investment base (assets) Cost of Capital (%) Minimum Income Residual Income…
The following schedule reflects the incremental costs and revenues for acapital project. The company uses straight-line depreciation. The interestexpense reflects an allocation of interest on the amount of this investment,based on the company’s weighted average cost capital:Revenues $650,000Direct costs $270,000Variable overhead 50,000Fixed overhead 20,000Depreciation 70,000General & administrative 40,000Interest expense 8,000458,000Net profit before taxes $192,000══════The annual cash flow from this investment, before tax considerations, would be:
Bartolo Delivery has two divisions, air express and ground service, that share the common costs of the company's communications network, which are $8,200,000 a year. You have the following information about the two divisions and the common communications network. Air express Ground service Required A Calls (thousands) 581,000 249,000 Required: a. What is the communications network cost that is charged to each division of the number of calls is used as the allocation basis? b. What is the communications network cost to each division using time on network as the allocation basis? Complete this question by entering your answers in the tabs below. Division Air express Ground service Time on Network (hours) Required B 362,500 1,087,500 What is the communications network cost that is charged to each division if the number of calls is used as the allocation basis? (Do not round intermediate calculations.) Network Cost
Bartolo Delivery has two divisions, air express and ground service, that share the common costs of the company's communications network, which are $8,400,000 a year. You have the following information about the two divisions and the common communications network. Air express Ground service Calls (thousands) 504,000 216,000 Required: a. What is the communications network cost that is charged to each division if the number of calls is used as the allocation basis? b. What is the communications network cost to each division using time on network as the allocation basis? Complete this question by entering your answers in the tabs below. Required A Required B Division Time on Network (hours) 350,000 1,050,000 What is the communications network cost that is charged to each division if the number of calls is used as the allocation basis? (Do not round intermediate calculations.) Air express Ground service Network Cost
2 Bartolo Delivery has two divisions, air express and ground service, that share the common costs of the company's communications network, which are $8,500,000 a year. You have the following information about the two divisions and the common communications network. Air express Ground service Required: a. What is the communications network cost that is charged to each division if the number of calls is used as the allocation basis? b. What is the communications network cost to each division using time on network as the allocation basis? Required A Calls (thousands) 581,000 249,000 Complete this question by entering your answers in the tabs below. Division Air express Ground service Time on Network (hours) 340,000 1,020,000 Required B What is the communications network cost that is charged to each division if the number of calls is used as the allocation basis? (Do not round intermediate calculations.) Network Cost Required B
The composting division has identified a source of additional compostable waste at a price of $205 per ton. What would be the impact on the company as a whole if the 400 tons of material is purchased from the outside supplier? As a decentralized unit, what decision would the composting division make regarding the additional material?
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Organic Laboratories allocates research and development costs to its three research facilities based on each facility's total annual revenue from new product developments: Facility location Kentucky Arizona Illinois Total New product revenue $ 57,792,000 $ 100,400,000 $ 82,608,000 $ 240,800,000 Research & Development $ 60,400,000 Using revenue as an allocation base, the amount of costs allocated to the Kentucky research facility is calculated to be:
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