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NEED ASAP pls thank you!! Thomas Corporation has two divisions: the Brooke Division and the Andrew Division. The Brooke Division has sales of $526,400, variable
NEED ASAP pls thank you!!
Thomas Corporation has two divisions: the Brooke Division and the Andrew Division. The Brooke Division has sales of $526,400, variable expenses of $286,000, and traceable fixed expenses of $82,100. The Andrew Division has sales of $486,000, variable expenses of $301,000, and traceable fixed expenses of $96,000. The total amount of common foxed expenses not traceable to the individual divisions is $161,000. What is the company's net operating income? O $86,300 ($35,200) O $200,300 O $373,400 Herman Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 1200 units are planned to be sold in November. The variable selling and administrative expense is $3.20 per unit. The budgeted towed selling and administrative expense is $12.480 per month, which includes depreciation of $2460 per month. The remainder of the feed selling and administrative expense represents current cash flows. The EXPENSE for selling and administrative expenses on the November selling and administrative expense budget should be: $6,180 O $13,860 O $11,100 $16,320 Which of the following statements is correct concerning self-imposed budgets? Self-imposed budgets are not critical to the success of the budgeting program O Self-imposed budgets are not subject to review by higher levels of management since to do so would contradict the participatie met the budgeting process. O Self-imposed budgets are not subject to review by higher levels of management except in specific cases where the input of his management is required. Self-imposed budget are subject to review by higher levels of management in order to prevent the budgets from becoming too lone Step by Step Solution
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