ACCOUTING PRIN SET LL INCLUSIVE
ACCOUTING PRIN SET LL INCLUSIVE
14th Edition
ISBN: 9781119815327
Author: Weygandt
Publisher: WILEY
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Chapter 25, Problem 5PSA

a.

To determine

Responsibility Report: The responsibility report represents the preparation of statements reflecting costs and revenues related to the responsibility areas. For example, responsibility report of the production department, packaging and finishing department, and many more. It basically represents the statement of controllable costs related to a particular unit or division.

To prepare: The responsibility report for the H division.

b.

To determine

Introduction: The responsibility report is prepared by the management at each level of the organization which is stated as a responsibility performance analysis. It facilitates determining efficiency in cost control as well as revenue generation.

The manager’s performance and the items to be investigated by top management

c.

To determine

Introduction: Return on Investment is the formula used by investors to evaluate the profitability of their earnings with respect to the value of investment made by them. It is determined by dividing the controllable margin or net income by the average operating assets.

To calculate: The expected ROI for 2020.

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Chapter 25 Solutions

ACCOUTING PRIN SET LL INCLUSIVE

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