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1) 2) 3) 4) Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $47,800 for
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Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $47,800 for Division A. Division B had a contribution margin ratio of 25% and its sales were $235,000. Net operating income for the company was $35,700 and traceable fixed expenses were $55,400. Corbel Corporation's common fixed expenses were: Multiple Choice $55,400 $15,450 $106,550 $70.850 The following information relates to last year's operations at the Legumes Division of Gervani Corporation: What was the Legume Division's net operating income last year? Multiple Choice $100,880 $32,980 $67,900 $25.220 The following data has been provided for a company's most recent year of operations: The residual income for the year was closest to: Multiple Choice $11,900 $10,400 $12,600 $7,600 Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Additional data concerning these products are listed below. The grinding machines are potentially the constraint in the production facility. A total of 25,400 minutes are available per month on these machines. Direct labor is a variable cost in this company. Up to how much should the company be willing to pay for one additional minute of grinding machine time if the company has made the best use of the existing grinding machine capacity? (Round your intermediate calculations to 2 decimal places.) Up to how much should the company be willing to pay for one additional minute of grinding machine time if the company has made the best use of the existing grinding machine capacity? (Round your intermediate calculations to 2 decimal places.) Multiple Choice $17.25 $6.53 $13.06 $23.64 2)
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