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I need help with part c Current Attempt in Progress Flint Company manufactures a variety of tools and industrial equipment. The company operates through three
I need help with part c
Current Attempt in Progress Flint Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each division is an investment center. Operating data for the Home Division for the year ended December 31,2022, and relevant budget data are as follows. Average operating assets for the year for the Home Division were $2,000,000, which was also the budgeted amount. Budget Actual Sales $41299000 $1400000 Variable Costs Cost of Goods Sold \begin{tabular}{|r|r|} \hline 670000 & i \\ \hline 124000 & i \\ \hline 794000 & i \\ \hline 606000 \\ \hline \end{tabular} Controllable Direct Fixed Costs Cost of Goods Sold \begin{tabular}{|l|l|} \hline 171000 & i \\ \hline \end{tabular} Selling and Administrative Total Variable Costs Contribution Margin Selling and Administrative Total Controllable Direct Fixed Costs Controllable Margin ROI Actual $1400000 670000 124000 794000 606000 \begin{tabular}{|r|r|} \hline 171000 & i \\ \hline 83000 & i \\ \hline 254000 & i \\ \hline \end{tabular} $ 352000 17.6 % Neither Favorable nor Unfavorable $101000 Favorable Unfavorable Unfavorable Unfavorable Favorable Neither Favorable nor Unfavorable Neither Favorable nor Unfavorable Neither Favorable nor Unfavorable $20000 Favorable 1 % Favorable Compute the expected ROI in 2022 for the Home Division, assuming the following independent changes to actual data. (Round ROI to 2 decimal places, eg. 1.57% ) Step by Step Solution
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