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Complete this question by entering your answers in the tabs below. What are the reported segment operating profits for each division, ignoring income taxes and

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Complete this question by entering your answers in the tabs below. What are the reported segment operating profits for each division, ignoring income taxes and using a $600,000(=$900,000 150% ) commercial rate as the transfer price for the loan-related fees? Note: Enter your answers in thousands. What are the reported segment operating profits for each division, ignoring income taxes and using the $900,000 transfer price for the loan-related fees? Note: Enter your answers in thousands. governmental agency. Hardyke has an agreement with the Department to provide services to students in need for a nominal $1 per day, to be paid by the student. The government will reimburse Hardyke for the "cost" of providing daily services used by a student. The regular price to participate in the program is $6.10 per day. After analyzing its costs, Hardyke calculates that, with its operating deficit, the full cost of each student for a day is $8.60. All programs that Hardyke offers are unaffected by the number of students paying the nominal fee. Required: b. Which price would Hardyke Group prefer? Note: Enter your answer to 2 decimal places. c. Which price would the Education Department prefer? Note: Enter your answer to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. d. If Hardyke provides an average of 4,100 student-days for in-need children in a given month, what is the monthly value of the difference between the prices in full capacity? Burdeno Appliances has two divisions, Sales and Financing. Sales is responsible for selling Burdeno's inventory and maintaining inventory for future sale. Financing Division takes loan applications, packages loans into pools, and sells them in the financial markets. It also services the loans. Both divisions meet the requirements for segment disclosures under accounting rules. Sales Division had $28 million in sales last year. Costs, other than those charged by Financing Division, totaled $26 million. Financing Division earned revenues of $4.5 million from servicing loans and incurred outside costs of $5.0 million. In addition, Financing charged Operations $900,000 for loan-related fees. Sales' manager complained to corporate that Financing was charging 150 percent of the commercial rate for loan-related fees and that Sales would be better off sending its buyers to an outside lender. Financing's manager replied that although commercial rates could be lower, servicing these loans is more difficult, thereby justifying the higher fees. Required: a. What are the reported segment operating profits for each division, ignoring income taxes and using the $900,000 transfer price for the loan-related fees? b. What are the reported segment operating profits for each division, ignoring income taxes and using a $600,000 ( =$900,000 150% ) commercial rate as the transfer price for the loan-related fees

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