REQUIRED:How much is the segment margin of B2 for purposes of evaluating the segment? Triple Z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1 and B2:SalesVariable CostsP100,000 P130,00045,00091,000Direct Fixed Costs:Traceable and controllable by the segmentTraceable but not controllable by the segment17,50012,50023,00012,000The company has common costs of P10,000 which are to be divided/allocated equally between the twostores.

Segment Reporting: Reporting on a company's operational segments as part of its financial statements…

Triple z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1 and B2: Sales P100,000 P130,000 Variable Costs 45,000 91,000 Direct Fixed Costs: Traceable and controllable by the segment Traceable but not controllable by the segment 17,500 12,500 23,000 12,000 The company has common costs of P10,000 which are to be divided/allocated equally between the two stores.

Triple z Corporation operates 2 stores: A1 and B2. The following information relates to stores A1 and B2: Sales P100,000 P130,000 Variable Costs 45,000 91,000 Direct Fixed Costs: Traceable and controllable by the segment Traceable but not controllable by the segment 17,500 12,500 23,000 12,000 The company has common costs of P10,000 which are to be divided/allocated equally between the two stores.

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

Perform the following: a. horizontal analysis b. vertical analysis c. ratio analysis d. interpret the results
explain the difference between margin and markup
Can you please provide me some examples or practice problems to calculate allocation rate?
Which method is required under GAAP? O All are acceptable methods O FIFO O LIFO O Average cost or weighted average O Specific identification
I need help with this one . This is vertical analysis. Please provide the missing amount.
How to arrive at the amount of IRR? can someone please explain how to get the IRR.
Question: Under what conditions are the results from using the direct method of allocation the same as those from using the other two methods? Why?
How can we compute the true IRR, or RIC, as a function of the MARR?
How to do vertical and horizontal analysis.
1. Describe the difference benchmarks that can be used for ratio analysis.
1. What is the difference of segment reporting and operating segments? Are they interrelated? Please explain in simple term.
Explain the measurement attributes employed in GAAP.