FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Concord Company had the following operating data for the year for its computer division: sales, $ 659000 ; contribution margin, $ 147000 ; total fixed

Concord Company had the following operating data for the year for its computer division: sales, $659000; contribution margin, $147000; total fixed costs (controllable), $95000; and average total operating assets, $272000. What is the controllable margin for the year?

Step by Step Solution

★★★★★

3.54 Rating (151 Votes )

There are 3 Steps involved in it

Step: 1

As we Fno w that Con trol... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Management Accounting And Control

Cost Management Accounting And Control

Authors: Don R. Hansen, Maryanne M. Mowen, Liming Guan

6th Edition

324559674, 978-0324559675

More Books

Students also viewed these Accounting questions

Question

★★★★★
The Reed Division reports the following operating data for the past two years: The return on investment at Reed was exactly the same in Year 1 and Year 2. 1. The margin in Year 2 was: A. 48% B. 32%...

Answered: 1 week ago

Question

★★★★★
Skilz Company had the following operating data for its first two years of operations: Variable costs per unit: Direct materials .........$ 5.00 Direct labor ............3.00 Variable overhead...

Answered: 1 week ago

Question

★★★★★
Jellison Company had the following operating data for its first two years of operations: Variable costs per unit: Direct materials ........ 4.00 Direct labor....... $2.90 Variable overhead ..... 1.50...

Answered: 1 week ago

Question

★★★★★
In Problems 3944, make the indicated conversions. a. 1 mm b. 1 mm = c. 1 m d. 1 m = m mm cm km

Answered: 1 week ago

Question

★★★★★
An article in the San Luis Obispo Tribune (September 7, 1999) described an experiment designed to investigate the effect of creatine supplements on the development of muscle fibers. The article...

Answered: 1 week ago

Question

★★★★★
Show that when computing the probability of detection at the output of an envelope detector, it is possible to use Gaussian probability approximation when the SNR is very large.

Answered: 1 week ago

Question

★★★★★
2. Appreciate the cognitive and social factors that influence the development of effective interviewing methods for various vulnerable populations

Answered: 1 week ago

Question

★★★★★
Employees at your company disagree about the accounting for sales returns. The sales manager believes that granting more generous return provisions and allowing customers to order items on a bill and...

Answered: 1 week ago

Question

★★★★★
I need help with please

Answered: 1 week ago

Question

★★★★★
Prepare Trial Balance? Angela Mosely owns Innovative Designs. The Accounts and their balances for the Trial Balance of the first for January 31, 20X1, the first month of operation, are shown below....

Answered: 1 week ago

Question

★★★★★
When a new SuperFoods Snack was introduced, the company gave special offers to Costco and other supermarkets to carry the new product and supplemented these offers with consumer advertising....

Answered: 1 week ago

Question

★★★★★
Why don't we use y (gama) rays to study the interior of the objects, instead of using x-rays? Because similar to x-rays, y-rays are also not deflected by the electric and magnetic fields and also...

Answered: 1 week ago

Question

★★★★★
Can external sound vibrations be manipulated to induce sensations within the body?

Answered: 1 week ago

Question

★★★★★
According to the predictions of quantum mechanics, could atomic clocks also have errors, and there would be no instrument at all to point out the errors, still due to quantum mechanical limitations?

Answered: 1 week ago

Question

★★★★★
250 mL of a waste solution obtained from the workshop of a goldsmith contains 0.1 M AgNO 3 and 0.1M AuCl . The solution was electrolyzed at 2V by passing current of 1A for 15 min .The metal/metals...

Answered: 1 week ago

Question

★★★★★
If you have two vibrating tuning forks that create a binaural beat of 440 Hz, would they be able to make a third tuning fork calibrated to 440 Hz resonate?

Answered: 1 week ago

Question

★★★★★
Hazelnut Corporation manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $194,652 in overhead. The company has identified the following...

Answered: 1 week ago

Question

★★★★★
Evaluate the line integral, where C is the given curve. C x 2 dx + y 2 dy, C consists of the arc of the circle x 2 + y 2 = 4 from (2, 0) to (0, 2) followed by the line segment from (0, 2) to (4, 3)

Answered: 1 week ago

Question

★★★★★
Business Specialty, Inc., manufactures two staplers: small and regular. The standard quantities of direct labor and direct materials per unit for the year are as follows: The standard price paid per...

Answered: 1 week ago

Question

★★★★★
Marcus Lindsey has just started a new businessbuilding and installing custom garage organization systems. Marcus builds the cabinets and work benches in his workshop and then installs them in clients...

Answered: 1 week ago

Question

★★★★★
At the end of 2010, Hender Chemicals began to implement an environmental quality management program. As a first step, it identified the following costs in its accounting records as environmentally...

Answered: 1 week ago

Question

★★★★★
When is this type of focus inappropriate? What effect does physical and psychological skill development have on an appropriate attentional focus during competition?

Answered: 1 week ago

Question

★★★★★
Describe the psychological issues many athletes cope with when they transition out of sport.

Answered: 1 week ago

Question

★★★★★
discuss the use of exercise as an adjunct to therapy.

Answered: 1 week ago

Previous Question Next Question