Chapter 9 Decentralized performance evaluation Copr. Goedl/StricklandBelow is the financial data for Goedl and Strickland, Inc. for the most recent fiscal year. The company paid dividends of $197,250 last year. The company’s minimum required rate of return is 15%. Calculate the profit margin ratio.
Chapter 4: Cost volume profit (CVP) analysis Copr., Goedl Ma…
Chapter 4: Cost volume profit (CVP) analysis Copr., Goedl Maria’s store reported the following accounting data. Sales quantity 3,000 units Sales $36 per unit Variable costs $12 per unit Fixed costs $54,000 Calculate the total contribution margin.
Chapter 10 Differential decision making Copr.,GoedlKindly Fl…
Chapter 10 Differential decision making Copr.,GoedlKindly Flag, Inc. produces two product lines, flags with emojis and flags with quotes. The Segmented Income Statement for the most recent fiscal year is provided below. The manager is considering dropping the Quotes product line. She collected the following additional data. 1.) Sales, variable expenses, and contribution margin are all directly traceable to the product lines. 2.) Fixed expenses are allocated to the product lines based on the percentage of sales. Of the fixed expenses allocated to the Quotes product line, $135,000 are fixed factory costs that would not be eliminated. The remaining amount will be eliminated if the Quotes product line is dropped. What is the financial advantage or disadvantage of dropping the Quotes product line?
Use the Extended Euclidean Algorithm and give the linear com…
Use the Extended Euclidean Algorithm and give the linear combination expressing the greatest common factor of 456 and 874. For example: 1 = 231·{“version”:”1.1″,”math”:”·”}51 – 589·{“version”:”1.1″,”math”:”·”}20
Chapter 6 Budgeting Copr Goedl 2022 Sheba Industries reporte…
Chapter 6 Budgeting Copr Goedl 2022 Sheba Industries reported the following budgeted sales in units for the first quarter of the fiscal year. Month Units June 3,300 July 2,960 August 3,120 The desired ending finished goods inventory should be 10% of the next month’s sales in units. The inventory on May 31 contained 330 units, which is the beginning inventory for June. The manager is preparing the production budget. The total number of units to be produced in July is:
Identify the source of the line(s): “Well, this-yer Smiley h…
Identify the source of the line(s): “Well, this-yer Smiley had a yaller one-eyed cow that didn’t have no tail, only jest a short stump like a bannanner…”
Chapter 5 Segmented income reporting Copr., Goedl Data for M…
Chapter 5 Segmented income reporting Copr., Goedl Data for March for Cincinnati Supply Corp., a supplier to Kraft Foods, and its two major business segments, Snacks and Meals, appear below: Sales revenue, Snacks $380,000 Variable expenses, Snacks $213,000 Traceable fixed expenses, Snacks $65,000 Sales revenue, Meals $230,000 Variable expenses, Meals $104,000 Traceable fixed expenses, Meals $25,000 Common fixed expenses, $156,000 Calculate the breakeven in sales dollars for the whole organization.
Chapter 7 Flexible budgeting and performance evaluation Copr…
Chapter 7 Flexible budgeting and performance evaluation Copr. Goedl 2023Owensville Pool Service is preparing a Flexible Budget Performance report for the month of July. Data for the planning budget and the actual results are provided below. Planning budget cost formulas Estimated units of production 15,000 Sales $16 per unit Wages and salaries $36,000 Employee benefits $12,000 Supplies $4Q Rent expense $5,000 Utilities $900 plus $0.25Q Misc. expenses $8,500 plus $1.50Q Actual results Actual units of production 12,400 Sales $192,200 Wages and salaries $36,000 Employee benefits $12,400 Supplies $54,560 Rent expense $5,000 Utilities $3,380 Misc. expenses $26,800 Calculate the activity variance for Employee benefits.
Chapter 4: Cost volume profit (CVP) analysis Copr., Goedl Ma…
Chapter 4: Cost volume profit (CVP) analysis Copr., Goedl Maria’s store reported the following accounting data. Sales quantity 3,000 units Sales $36 per unit Variable costs $12 per unit Fixed costs $54,000 Calculate net income or profit.
In “How It Feels to be Colored Me,” to whom would Hurston of…
In “How It Feels to be Colored Me,” to whom would Hurston offer a “Howdy-do-well-I-thank-you-where-you-goin” when she was a young girl in Eatonville?