Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 12, 2022

Diet Health Foods Inc. has two divisions. Division A has a profit of $184,000 on sales of $2,110,000. Division B is able to make only

Diet Health Foods Inc. has two divisions. Division A has a profit of $184,000 on sales of $2,110,000. Division B is able to make only $30,500 on sales of $363,000.

a. Compute the profit margin for each division (Round the final answers to 2 decimal places.)

b. Based on the profit margin, which division is superior?

O Division A

O Division B

Step by Step Solution

★★★★★

3.37 Rating (144 Votes )

There are 3 Steps involved in it

Step: 1

a Division A 87 Division B 84 o calculate the profit margin divide t... 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

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

Recommended Textbook for

Cost Management Measuring, Monitoring And Motivating Performance

Authors: Leslie G. Eldenburg, Susan K. Wolcott, Liang Hsuan Chen, Gail Cook

3rd Canadian Edition

978-1-119-1856, 978-1119185697

More Books

Students also viewed these General Management questions

Question

★★★★★

Eutronics has two divisions Division A manufactures compressors and Division B uses compressors to make air conditioners. Each division operates as a profit centre and is free to buy and sell...

Answered: 1 week ago

Question

★★★★★

Taxpayer Xi is able to make a present interest cash gift up to $16,000 to a donee (someone who receives the gift/beneficiary) in 2022 without having to file a tax return. The amount up to $16,000 is...

Answered: 1 week ago

Question

★★★★★

Calculate the contribution margin for each department and income before taxes, based on thefollowing: Dept. A 1,600 square feet Dept. B 2,400 square feet $11,000 5,900 $6,200 Net Sales Cost of Goods...

Answered: 1 week ago

Question

★★★★★

A stock is trading at $70. You believe there is a 70% chance the price of the stock will increase by 10% over the next 3 months. You believe there is a 10% chance the stock will drop by 10%, and you...

Answered: 1 week ago

Question

★★★★★

Joel Bastos recently received his monthly MasterCard bill for the period June 130, 2015, and wants to verify the monthly finance charge calculation, which is assessed at a rate of 15 percent per year...

Answered: 1 week ago

Question

★★★★★

A penguin slides at a constant velocity of 1.4 m/s down an icy incline. The incline slopes above the horizontal at an angle of 6.9. At the bottom of the incline, the penguin slides onto a horizontal...

Answered: 1 week ago

Question

★★★★★

Consider a network of three stations with a single server at each station. Customers arrive at stations 1, 2, 3 in accordance with Poisson processes having respective rates 5, 10, and 15.The service...

Answered: 1 week ago

Question

★★★★★

Twentieth Century Fox (Fox) owned and distributed the successful motion picture The Commitments. The film tells the story of a group of young Irish men and women who form a soul music band. In the...

Answered: 1 week ago

Question

★★★★★

Rio Coffee Shoppe sells two coffee drinks-a regular coffee and a latte. The two drinks have the following prices and cost characteristics: Sales prion (par eup) Variable costs per cup) Use Cotton...

Answered: 1 week ago

Question

★★★★★

Funtime, Inc., manufactures video game machines. Market saturation and technological innovations caused pricing pressures that resulted in declining profits. To stem the slide in profits until new...

Answered: 1 week ago

Question

★★★★★

Required: Refer to the table below and calculate both the real and nominal rates of return on the TIPS bond in the second and third years. (Do not round intermediate calculations. Round your answers...

Answered: 1 week ago

Question

★★★★★

A company named Contoso, Ltd. is migrating its legacy PBX system to Microsoft Teams Phone. As a Microsoft Teams administrator you want a single provider for Teams Phone and the PSTN carrier. What...

Answered: 1 week ago

Question

★★★★★

1.) On May 22, 2010, Nicanor bought house and lot valued at Php 10,000,000 paying 20% down-payment with the balance payable in 10 years. On September 30, 2019, Nicanor died. The fair market value at...

Answered: 1 week ago

Question

★★★★★

Tasks: 1. Using the above provided IP address and your learnings from class, configure the topology. 2. Please retain the interface names and IP addresses for network namespaces as shown in topology....

Answered: 1 week ago

Question

★★★★★

For a picnic, Julie brings a cylindrical cooler jug filled with cold lemonade. She also brings paper cone cups in which to serve the lemonade. 30 cm 50 cm 6 cm 10 cm Given the dimensions of the jug...

Answered: 1 week ago

Question

★★★★★

1 . 1 . From the RedPharm data, determine: a . . The average number of customer arrivals for each hour Time Block Average per Time Block 7:00-8:00 11.87 8:00-9:00 11.96 9:00-10:00 12.27 10:00-11:00...

Answered: 1 week ago

Question

★★★★★

managerial accounting managerial accounting 1 of 1 Question 3 Mason Corporation reported the following financial statements: Mason Corporation Comparative Balance Sheet December 31, 2017 and 2016...

Answered: 1 week ago

Question

★★★★★

For Problem estimate the change in y for the given change in x. y = f(x), f'(12) = 30, x increases from 12 to 12.2

Answered: 1 week ago

Question

★★★★★

Refer to 11.26. Prepare the journal entries for the materials price and efficiency variances for November. Assume that Delicata records the materials price variance at the time materials are...

Answered: 1 week ago

Question

★★★★★

Use the following information to answer questions. Viva Electronics produces and sells two products, VE1 and VE2. Viva incurred $168,000 overhead costs in a single cost pool. Viva allocates the...

Answered: 1 week ago

Question

★★★★★

Jersey Knits sells two types of fabric that are used interchangeably in the production of lawn chairs. The following information about each fabric is available: Required: A. Calculate the...

Answered: 1 week ago

Question

★★★★★

For a given term of compound-interest GIC, the nominal interest rate with annual compounding is typically 0.125% higher than the rate with semiannual compounding and 0.25% higher than the rate with...

Answered: 1 week ago

Question

★★★★★

Mr. Dickson purchased a seven-year, $30,000 compound-interest GIC with funds in his RRSP. If the interest rate on the GIC is 5.25% compounded semiannually, what is the GICs maturity value?

Answered: 1 week ago

Question

★★★★★

During its January Sale, Furniture City is offering terms of 25% down with no further payments and no interest charges for six months, when the balance is due. Furniture City sells the conditional...

Answered: 1 week ago

Previous Question Next Question