Homework: Responsibility Accounting Assignment i Saved Help Save & Exit Submit Check my work 16 Garcia Company has two operating departments (Phone and Earbuds) and one service department (Office). Its departmental income statements follow. Indirect expenses and service department expenses consist of rent, utilities, and office department expenses. 3 GARCIA COMPANY points Departmental Income Statements For Year Ended December 31 Phone Earbuds Combined Sales $ 190, 000 $ 105,000 $ 295, 000 Cost of goods sold 93, 100 65, 100 158, 200 Book Gross profit 96, 900 ,90 136, 800 Expenses Sales salaries 20, 000 , 100 28, 106 Print Supplies used 800 300 1, 100 Depreciation-Equipment , 500 500 2, 000 Rent 7, 070 3, 600 10, 670 Utilities 2,600 2,300 4,900 References Share of office department expenses 12 , 500 8,500 21, 000 Total expenses 44 , 470 23, 30 67, 770 Income $ 52, 430 $ 16, 600 $ 69, 030 Required: Prepare a departmental contribution to overhead report. Garcia Company Departmental Contribution to Overhead For Year Ended December 31 Phone Earbuds Combined Direct expenses Total direct expenses Departmental contribution to overhead Homework: Responsibility Accounting Assignment i Saved Help Save & Exit Submit Check my work 17 USA Airlines uses the following performance measures. Classify each performance measure into the most likely balanced scorecard perspective it relates to: customer, internal process, innovation and learning, or financial. 2 points Performance measure Perspective 1. Sales growth 2. Airplane miles per gallon of fuel 3. Average ticket price Book 4. Net income 5. Employee satisfaction survey ratings 6. Customer satisfaction rating Print 7. Customer complaints n 8. Percentage of late flights References 9. Residual income 10. Employee diversity training sessions completed 11. Revenue per sea Homework: Responsibility Accounting Assignment i Saved Help Save & Exit Submit Check my work 18 A manufacturer reports the data below. Current Year Prior Year 2 Accounts payable $ 6, 423 $ 10,368 points Accounts receivable 23,305 16,972 Inventory 8, 724 8, 015 Net sales 191, 000 147, 000 Cost of goods sold 100, 000 122, 000 Book (1) Compute the number of days in the cash conversion cycle for each year. (2) Did the company manage cash more effectively in the current year? Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References Compute the number of days in the cash conversion cycle for each year. (Use 365 days in a year. Round calculations to the nearest whole day.) Current year Prior year Cash conversion cycle days days Required Required 2