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

Question

1 Approved Answer

Given below is an excerpt from a management performance report for a profit centre: Actual $579600 Difference $19600 Budget Contribution margin $599200 Controllable fixed $199900

image text in transcribed
Given below is an excerpt from a management performance report for a profit centre: Actual $579600 Difference $19600 Budget Contribution margin $599200 Controllable fixed $199900 costs $220300 $20400 How well did the manager perform overall? $19600 below expectations $40000 below expectations equal to expectations the ROI needs to be known for a total assessment

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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_2

Step: 3

blur-text-image_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

Robo Auditing Using Artificial Intelligence To Optimize Corporate Finance Processes

Robo Auditing Using Artificial Intelligence To Optimize Corporate Finance Processes

Authors: Patrick J.D. Taylor, Manish Singh, Nathanael J. L'Heureux

1st Edition

1544511442, 978-1544511443

More Books

Students also viewed these Accounting questions

Question

★★★★★
The components of vector are A x and A y (both positive), and the angle that it makes with respect to the positive x axis is q. Find the angle q if the components of the displacement vector are (a)...

Answered: 1 week ago

Question

★★★★★
=+State unemployment (employer only), 4.2% Federal unemployment (employer only), 0.8% Deductions: Income tax withheld U.S. savings bonds Group insurance $109,760 16,400 24,690 Liabilities and...

Answered: 1 week ago

Question

★★★★★
For ascertaining fair value at the end of the reporting period, the value of the entire position will be written back to the a. Profit and loss account b. Expense account c. Income account d. None of...

Answered: 1 week ago

Question

★★★★★
Millan& Co. makes electronic components. Mike Millan, the president, recently instructed Vice President Steve Bensen to develop a total quality control program: If we dont at least match the quality...

Answered: 1 week ago

Question

★★★★★
. AiFO Nerpetus/ Ieventory 1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual inventory record similar to the one illustroted in Exhibie 3 , using the first-in,...

Answered: 1 week ago

Question

★★★★★
Classifying Cash Flows Identify the type of cash flow activity for each of the following events (operating, investing, or financing). The company determines net cash flow from operating activities by...

Answered: 1 week ago

Question

★★★★★
The reversible catalytic reaction proceeds with decaying catalyst in a batch reactor (batch-solids, batchfluid). What can you say of the kinetics of reaction and deactivation from the following data:...

Answered: 1 week ago

Question

★★★★★
Design a suitable representation and draw the complete search tree for the following problem: A farmer is on one side of a river and wishes to cross the river with a wolf, a chicken, and a bag of...

Answered: 1 week ago

Question

★★★★★
West Highland Clothiers reported the following items at August 31, 2012 (amounts in thousands, with last years2011amounts also given as needed): Requirement 1. Compute West Highlands (a) acid-test...

Answered: 1 week ago

Question

★★★★★
(a) Show that the system of differential equations for the charge on the capacitor q(t) and the current i 3 (t) in the electrical network shown in Figure 7.6.9 is (b) Find the charge on the capacitor...

Answered: 1 week ago

Question

★★★★★
Can you draw the upper shear zone margin on Figure 16.9? Is it easily definable?

Answered: 1 week ago

Question

★★★★★
A What can a group leader do to foster communication among team members in different locations and time zones?

Answered: 1 week ago

Question

★★★★★
B Should team members be expected to make themselves available via e-mail, text message, or telephone during nonworking hours to attend to questions or problems that might arise? What problems might...

Answered: 1 week ago

Question

★★★★★
Do they provide positive reinforcement for one anotherfor instance, by showing appreciation for each others contributions and hard work?

Answered: 1 week ago

Previous Question Next Question