Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Income from Operations for Profit Center The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of

image text in transcribed
image text in transcribed
Income from Operations for Profit Center The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of 4,000 hours of service for the period. The Retail Division has used 2,750 hours of computer technology service during the period, and the Commercial Division has used 1,250 hours of computer technology service. Additional data for the two divisions is following below: Retail Division Commercial Division $1,200,000 800,000 175,000 $2,150,000 1,300,000 150,000 Sales Cost of goods sold Selling expenses Determine the divisional income from operations for the Retail Division and the Commercial Division. Do not round interim calculations Hardy Company Divisional Income from Operations Commercial Division Retail Division Income from operations Return on Investment The income from operations and the amount of invested assets in each division of Beck Industries are a follows: Income from Invested Operations Assets $70,200 85,500 91,000 $390,000 Retail Division Commercial Division Internet Division a. Compute the return on investment for each division.(Round to the nearest whole number.) Division Retail Division Commercial Division Internet Division b. Which division is the most profitable per dollar invested? 570,000 700,000 Percent

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

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

Creative And Innovative Auditing

Authors: Jeffrey Ridley

1st Edition

1472474627, 9781472474629

More Books

Students also viewed these Accounting questions

Question

What are all the ways you count or measure customer complaints?

Answered: 1 week ago

Question

Do your staff and customers know these examples?

Answered: 1 week ago