Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Monash college is evaluating the performance of its Diplomas divisions. Use the information provided to you to complete the Divisional Contribution Report below. Monash college

image text in transcribedimage text in transcribed

Monash college is evaluating the performance of its Diplomas divisions. Use the information provided to you to complete the Divisional Contribution Report below. Monash college requires a 15% return on its investment. Monash College $'000 Business 50,000 DIPLOMAS $'000 $'000 Science Arts 41,500 22,260 $'000 Total 113,760 19,850 17,320 9,311 46,481 Student fees Teacher Salaries and other direct expenses Learning consultants and other indirect costs 38,000 Floor space (sqr mtrs) 4,000 4,500 3,100 11,600 Do not enter $ signs, spaces, decimals or commas in your answer Diplomas Divisional Performance Report Business diplomas Science diplomas Arts diplomas Total $'000 $'000 $'000 $'000 Divisional Income Divisional Costs Divisional Contribution Common Costs Profit (round to nearest dollar) 13,103.45 14,741.38 10,155.17 38,000 Investment 21,000 36,000 28,000 85,000 ROI % (round UP to nearest percent; do not I I costs 38,000 Floor space (sqr mtrs) 4,000 4,500 3,100 11,600 Do not enter $ signs, spaces, decimals or commas in your answer Diplomas Divisional Performance Report Business diplomas Science diplomas Arts diplomas Total $'000 $'000 $'000 $'000 Divisional Income Divisional Costs Divisional Contribution Common Costs Profit (round to nearest dollar) 13,103.45 14,741.38 10,155.17 38,000 Investment 21,000 36,000 28,000 85,000 ROI % (round UP to nearest percent; do not enter % sign) Residual Income ($) round Up to nearest dollar; do not enter $ sign. Use " . " for negative. Basis used to allocate common costs Recommendation

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

The Evolution Of Audit Thought And Practice

Authors: T. A. Lee

1st Edition

0367502097, 978-0367502096

More Books

Students also viewed these Accounting questions