8 QS 22-10 Computing residual income LO A1 The following information is provided for each division 3 points Investint Cente Cameras and Camcorders Phones and cations Computers and accessories Net Inco $5,200,000 2,702,000 1,000,000 Average Assets $ 24,800,000 19,300,000 18,400,000 01:16:04 Assume a target Income of 14% of average invested ossets Required: Compute residual income for each division (Enter losses with a minus sign.) ences Target Income Cameras and Camcorders Phones and Communications Computers and Accessories % % Targeted return Targot income Residual Income Cameras and Camcorders Phones and Communications Computers and Accessories Residual income (loss) Chapter 22 QUICK study 7. QS 22-9 Computing return on investment LO A1 Computo return on investment for each of the divisions below beach is an investment center, which division performed the best, based on return on investment? 3 Complete this question by entering your answers in the tabs below. Mature Performance Investment and on Computer return on investment for each of the divisions below each is an investment conter). (Round your first answers to decimal place) Return on Investment Investment Center Camera Camcorders Phones and communications Compiders and accessones Net Income Average Assets 54045.000 S 21 500 000 3,676.500 17 100 000 2 120.000 15.000.000 Performance Based on ROI > Me Graw Chapter 22 QUICU 6 QS 22-8 Departmental contribution to overhead LO P3 Use the formation in the following table to compute nach department's contribution to overhead (both in dollars and as a percent Which department contributes the largest dollar amount to total overhead? Which department contributes the highest percent (as a percent of sales to total overhead? Dt. Dette 359,000 $200,000 70,000 Cost od sada 17,170 101.41,170 Gre profit 21,309,00 7,110 Totat direct penes 4,020 41,620 8,76 38 Complete this question by entering your answers in the tots below. Cabution to Departmental Departmental Overhead in Overhead Overhead in Dollars Percent Compute each department's contribution to overhead (both indoors and as a percent). (Round Contribution percent to 1 dedeal place) Dept. A Dept. Dept. Contribution to eat Contribution percent of sales Chloe Dee Departmental Overhead in Dollars Me Graw 8 QS 22-10 Computing residual income LO A1 The following information is provided for each division 3 points Investint Cente Cameras and Camcorders Phones and cations Computers and accessories Net Inco $5,200,000 2,702,000 1,000,000 Average Assets $ 24,800,000 19,300,000 18,400,000 01:16:04 Assume a target Income of 14% of average invested ossets Required: Compute residual income for each division (Enter losses with a minus sign.) ences Target Income Cameras and Camcorders Phones and Communications Computers and Accessories % % Targeted return Targot income Residual Income Cameras and Camcorders Phones and Communications Computers and Accessories Residual income (loss) Chapter 22 QUICK study 7. QS 22-9 Computing return on investment LO A1 Computo return on investment for each of the divisions below beach is an investment center, which division performed the best, based on return on investment? 3 Complete this question by entering your answers in the tabs below. Mature Performance Investment and on Computer return on investment for each of the divisions below each is an investment conter). (Round your first answers to decimal place) Return on Investment Investment Center Camera Camcorders Phones and communications Compiders and accessones Net Income Average Assets 54045.000 S 21 500 000 3,676.500 17 100 000 2 120.000 15.000.000 Performance Based on ROI > Me Graw Chapter 22 QUICU 6 QS 22-8 Departmental contribution to overhead LO P3 Use the formation in the following table to compute nach department's contribution to overhead (both in dollars and as a percent Which department contributes the largest dollar amount to total overhead? Which department contributes the highest percent (as a percent of sales to total overhead? Dt. Dette 359,000 $200,000 70,000 Cost od sada 17,170 101.41,170 Gre profit 21,309,00 7,110 Totat direct penes 4,020 41,620 8,76 38 Complete this question by entering your answers in the tots below. Cabution to Departmental Departmental Overhead in Overhead Overhead in Dollars Percent Compute each department's contribution to overhead (both indoors and as a percent). (Round Contribution percent to 1 dedeal place) Dept. A Dept. Dept. Contribution to eat Contribution percent of sales Chloe Dee Departmental Overhead in Dollars Me Graw