Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

lndi Services Corporation. headquartered in Bengaluru, India, provides specialized information technology {IT} services and consists of three divisions: {'1} nancial services, {2] health services, and

image text in transcribedimage text in transcribed
lndi Services Corporation. headquartered in Bengaluru, India, provides specialized information technology {IT} services and consists of three divisions: {'1} nancial services, {2] health services, and [3} transportation services. For 2019, it recorded the following data: Financial . Transportation Services Health SEWlCES Services Total Sales revenues $ 3,883,333 $ 5,249,333 5 1,953,333 $ 11,385,333 Variable costs (96 of sales) 25% 38% 42% Traceable fixed costs 2,163,333 2,692,333 334,333 5,589,333 Common fixed costs 1,193,333 Required: 1. Prepare a segment performance report showing the segment margin in dollars and percentages for all three divisions. Use Exhibit123 as a guide. (Round "Percentage" answers to 2 decimal places.) _-_l_-_ _-_l_-_ _-_l_-_ _I_I_I_ _I_I_I! _E_II__ 1 Which segment is most protable? 0 Financial Services 0 Health Services 0 Transportation Services Selected operating data for two divisions of Outback Brewing, Ltd. of Australia are as follows: Division New South Queensland Hales- Sales 5 4,939,300 $ 6,668,666 Average operating assets 1,666,666 3,666,666 Net operating income 288,666 416,666 Property, plant, and equipment (net) 366,666 2,266,666 Required: 1. Compute the rate of return for each division using the ROI formula stated in terms of margin and turnover. (Do not round intermediate calculations and round your nal answers to 2 decimal places} Queensland New South Wales 1 Which divisional manager seems to be doing the betterjob? 0 Queensland 0 News South 1Wales

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

Managerial Accounting

Authors: Ronald W Hilton

7th Edition

0073022853, 978-0073022857

More Books

Students also viewed these Accounting questions

Question

How is the atmosphere near Earths surface heated from below?

Answered: 1 week ago