Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Answer them and Fill up the box accordingly.1, 2a, 2b, 3. MANAGERIAL ACCOUNTING Group assignment Question 1 of 6 -/1 View Policies Current Attempt in
Answer them and Fill up the box accordingly.1, 2a, 2b, 3. MANAGERIAL ACCOUNTING
Group assignment Question 1 of 6 -/1 View Policies Current Attempt in Progress The Pacific Division of Henson Industries reported the following data for the current year. Sales $4,000,000 Variable costs 2,600,000 Controllable fixed costs 800.000 Average operating assets 5,000,000 Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the Pacific Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. Increase sales by $400,000 with no change in the contribution margin percentage. Reduce variable costs by $120,000. 3. Reduce average operating assets by 4%. Compute the return on investment (ROI) for the current year. ROI % eTextbook and Media Using the ROI formula, compute the ROI under each of the proposed courses of action. (Round answers to 1 decimal place, eg. 52.7.) Courses of action ROI 1. 2. % 3 % eTextbook and Media Attempts: 0 of 1 used. Submit Answer 2 Save for Later > Group assignment Question 2 of 6 30 50 40 30 $42.000 $16,200 $2,400 $1,300 $1,400 (a) For the first quarter of 2022, prepare a sales budget. January V WATERWAYS CORPORATION Sales Budget First Quarter February $ $ $ $ 5 $ eTextbook and Media Save for Later Attempts: 0 of 1 u (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. (d) The parts of this question must be completed in order. This part will be available when you complete the part above. (e) The parts of this question must be completed in order. This part will be available when you complete the part above. (f) The parts of this question must be completed in order. This part will be available when you complete the part above. (g) The parts of this question must be completed in order. This part will be available when you complete the part above. (h) The parts of this question must be completed in order. This part will be available when you complete the part above. (0) The parts of this question must be completed in order. This part will be available when you complete the part above. March SubmitStep 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