Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Budgetary Performance for Cost Center Bahrke Company's costs were over budget by $17,600. The company is divided into Left and right regions. The Left Region's
Budgetary Performance for Cost Center Bahrke Company's costs were over budget by $17,600. The company is divided into Left and right regions. The Left Region's costs were under budget by $1,900. Determine the amount that the Right Region's costs were over or under budget. 15,700 X over budget Income from Operations for Profit Center The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below: Retail Division Commercial Division Sales $2,150,000 $1,200,000 Cost of goods sold 1,300,000 800,000 Selling expenses 150,000 175,000 Determine the divisional income from operations for the Retail Division and the Commercial Division. Do not round interim calculations. Hardy Company Divisional Income from Operations Retail Division Commercial Division Sales 2,150,000 1,200,000 Cost of goods sold 1,300,000 800,000 Gross profit 850,000 400,000 Selling expenses 150,000 175,000 Income from operations before service department charges 480,000 X 125,000 X Service department charges 220,000 100,000 Income from operations 480,000 $ 125,000
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