Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ABC Corporation has three support departments with the following costs and cost drivers: Support Department Graphics Production Accounting Cost Driver Cost $200,000 Number of
ABC Corporation has three support departments with the following costs and cost drivers: Support Department Graphics Production Accounting Cost Driver Cost $200,000 Number of copies made 500,000 Number of invoices processed Personnel 400,000 Number of employees ABC has three operating divisions, Micro, Macro, and Super. Their revenue, cost, and activity information is as follows: Micro Macro Super Revenues Direct operating expenses $700,000 $850,000 $650,000 50,000 70,000 100,000 Number of copies made 20,000 30,000 50,000 Number of invoices processed Number of employees 700 130 800 500 145 125 The support department allocation rate for the Accounting Department is a. $250 b. $714 c. $625 d. $0.004 Blaser Corporation had $1,053,000 in invested assets, sales of $1,261,000, operating income amounting to $215,000, and a desired minimum return on investment of 12%. The return on investment (rounded to one decimal place) for Blaser Corporation is a. 13.6% b. 24.5% c. 17.0% d. 20.4%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started