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Can I recieve help with this? Wildhorse produces and sells two products-aluminum and vinyl. Each of these products is made in a dedicated manufacturing facility,
Can I recieve help with this?
Wildhorse produces and sells two products-aluminum and vinyl. Each of these products is made in a dedicated manufacturing facility, and the product line managers are evaluated based on the product line's return on investment. The following data is from the most recent year of operations. Sales Variable costs Direct fixed costs Average assets Aluminum $6,000,000 2.900,000 1,600,000 4,000,000 Vinyl $5,400,000 3,472,500 1.533,300 1.500.000 (a 1) Your answer is correct. Calculate the margin and asset turnover for each product line. (Round answers to 2 decimal places, 3.5.12 and 5.12%) Aluminum Vinyl 25 96 7.30 % Margin 1.5 3,6 Asset turnover Calculate the margin and asset turnover for each product line. (Round answers to 2 decimal places, eg 5.12 and 5.12%) Aluminum Vinyl 25 % 7.30 % Margin 1.5 3.6 Asset turnover e Textbook and Media Attempts: 1 of 3 used (a2) Your answer is correct. Calculate return on investment for each product line. (Round ROI to 2 decimal places, ey.5.12%.) Aluminum Vinyl ROI 37.50 % 26.28 % Both product line managers would like to improve their respective returns on investment, and each manager has a different idea about how to accomplish this. If the aluminum product line manager was able to increase sales volume such that the new asset turnover was 2.20 times, what would be the new operating income? (Round variable cost ratio to 2 decimal places, ex 5.25 and final answers to decimal places, eg. 12,500.) Operating income $ 2200000 What would be the new return on investment? (Round ROI to 2 decimal places, eg. 5.12%.) NEW ROI 55 %Step by Step Solution
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