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2 seperate questions, second question has 3 parts. Chapter 22 GH 14 0.52 points Arctica manufactures snowmobiles and ATVs. These products are made in different
2 seperate questions, second question has 3 parts.
Chapter 22 GH 14 0.52 points Arctica manufactures snowmobiles and ATVs. These products are made in different departments, and each department has its own manager. Each responsibility performance report only includes those costs that the particular department manager can control: raw materials, wages, supplies used, and equipment depreciation Badget Actual Snowmobile ATY Contained mobile ATV Combined Raw materials $19,500 $27.500 $ 47,000 $19.420 $28,020 9 48.240 Employee vages 10,400 20,500 30.900 10,660 21,240 21.900 Dept. manager salary 4,300 5,200 9,500 4,400 4.400 8.800 Supplies used 3,300 900 4,200 3,170 920 4,090 Depreciation Equip. 6,000 12.500 10.500 6,000 12,500 10,500 Utilities 360 540 900 330 500 830 Rent 3.700 6.300 12,000 5,300 6.300 12,600 Totals 549.560 572,440 5123,000 549,200 $74.80 $123.960 References Prepare a responsibility accounting report for the ATV department (Under budget amounts should be indicated by a minus sign) Responsibility Accounting Performance Report Dept. Manager, ATV Department For the Year Budgeted Over (Under Amount Actual Amount Budget Controlable Costs Raw materials Employee wages Supplies used Depreciation Equipment Totais $ 0 $ DS 0 THU McGraw Hill Connect Chapter 22 GH Surved 18 A food manufacturer reports the following for two of its divisions for a recent year. Beverage Division $2,662 Part 1 of 2 (5 milliona) Invested assets, beginning Invested assets, ending Sales Operating income Cheese Division $4,455 4,400 3,925 634 2,593 2,681 349 0.52 points 1. Compute return on investment 2. Compute profit margin 3. Compute investment turnover for the year. eBock Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required Compute return on investment. (Enter your answers in millions.) Investment Center Beverage Choose Choose Numerator: Operating income $ $ Return on investment Choose Denominator Average invested assets 349 634 Return on investment Return on investment 0 0 Required 2 > 18 A food manufacturer reports the following for two of its divisions for a recent year. Part 1 of 2 ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,662 2,593 2,681 349 Cheese Division $4,455 4,400 3,925 634 0.52 points 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. eBook Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Compute profit margin. (Enter your answers in millions.) Profit Margin Choose Numerator: Choose Denominator: Investment Center Beverage Cheese Profit Margin Profit margin 1 1 0 1 0 18 Afood manufacturer reports the following for two of its divisions for a recent year. Part 1 of 2 ($ millions) Invested assets, beginning Invented aspete, ending Sales Operating income Beverage Division $2,662 2,593 2,681 349 Cheese Division $4,455 4,400 3,925 634 0.52 points 1. Compute return on investment. 2. Compute profit margin. 3. Compute Investment turnover for the year. eBook Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Reafired 3 Compute investment turnover for the year. (Enter your answers in millions.) Investment Tumover Choose Numerator: 1 Choose Denominator: Investment Center Beverage Choose Investment Turnover Investment tumover 0 / 1 0 Step by Step Solution
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