please do both of the requirements! or at least the first one
CASE LO7-4 Music Teachers, Inc., is an educational association for music teachers that has 20,000 members. Tris association operates from a central headquarters but has local membership chapters throughout tis United States. Monthly meetings are held by the local chapters to discuss recent developments on top ics of interest to music teachers. The association's magazine, Teachers' Forum, is issued monthly sib features about recent developments in the field. The association publishes books and reports and alo sponsors professional courses that qualify for continuing professional education credit. The associatiols statement of revenues and expenses for the current year is presented below. SSegrent Reporing Tools for Management Wrimat Wowne the contribution of each segment to the association. The association has four segments: Qenterthip Divivion, Magizipe Subseriptions Division, Books and Reports Division, and Continuing fitasan Povision Mike Doyle has beep assigned responsibility for preparing the segmented income (anctacitit ani he has gathered the following data: i. The 20,100 members of the association pay dues of $100 per year, of which $20 covers a ane-year saberipoon to the Teachers' Forim. Other benefits include membership in the association and chapter Wiriliation. The portion of the dues covering the magazine subscripeion ($20) should be assigned to the Maratine Subscriptions Division. 1. A trat of 2500 one-year subscriptions to Teachers' Foram were also sold last year to nonmembers int hberiries at 530 per subscription. In addition to stboseriptions, the journal generated $100,000 in atueniting revenies. - Tho costs to produce tbe Teachers' Forum magazine included $7 per subscription for priating and puper ind $4 per subscription for postage and shipping. 2. Atreal of \$8,000 techmical reports and professional iexts were sold by the Books and Reports DiviIive at an averrge selling price per unit of $25. Average costs per publication were $4 for printing and iper and 52 for postage and shipping. - The ascociation offers a variety of continuing education courses to boeh meibbers and nonmembers. The one-day courses had a tuition cost of 575 eact and were attended by 2,400 studenes. A total of i,160 students took two-diy cournes at a tuition cost of $125 for each stadent. Outside instructors - tre paid to teach nome courses. t. Salary costs and spuce occupied by division follow Personel costs are 25% of salaries in the separate divisions as well as for the corporate saff. The $20,000 in eccupancy costs (which can be allocated to scgmtents bated on their square feet occupied) Whides 550,000 in rental cost for a warehouse used by the Books and Reports Division for storage Npones. 1. Printing and paper coses other than for magazioe subscriptions and for books and reports relate to the Centinuing Education Division. Genenal and administrative expenses include costs relating to overall administration of the association Wh a whole. The company's corporate staff does some mailing of materials for general administrative Putpores. The expenses that san be triced or assigned to the corporute staff, as well as any caher expenses W. Ihe tot traceable to the segmeots: will be treated as comnon conix. It is not necessary to distinguish bhireth vereabie and fixed cosis 1. Theq: 2. Thete margin for each division as well as results for the association as a whole. The arvenents for and against allorating all costs of the axociation lo the four divisions. (CMA, adapted) CASE LO7-4 Music Teachers, Inc., is an educational association for music teachers that has 20,000 members. Tris association operates from a central headquarters but has local membership chapters throughout tis United States. Monthly meetings are held by the local chapters to discuss recent developments on top ics of interest to music teachers. The association's magazine, Teachers' Forum, is issued monthly sib features about recent developments in the field. The association publishes books and reports and alo sponsors professional courses that qualify for continuing professional education credit. The associatiols statement of revenues and expenses for the current year is presented below. SSegrent Reporing Tools for Management Wrimat Wowne the contribution of each segment to the association. The association has four segments: Qenterthip Divivion, Magizipe Subseriptions Division, Books and Reports Division, and Continuing fitasan Povision Mike Doyle has beep assigned responsibility for preparing the segmented income (anctacitit ani he has gathered the following data: i. The 20,100 members of the association pay dues of $100 per year, of which $20 covers a ane-year saberipoon to the Teachers' Forim. Other benefits include membership in the association and chapter Wiriliation. The portion of the dues covering the magazine subscripeion ($20) should be assigned to the Maratine Subscriptions Division. 1. A trat of 2500 one-year subscriptions to Teachers' Foram were also sold last year to nonmembers int hberiries at 530 per subscription. In addition to stboseriptions, the journal generated $100,000 in atueniting revenies. - Tho costs to produce tbe Teachers' Forum magazine included $7 per subscription for priating and puper ind $4 per subscription for postage and shipping. 2. Atreal of \$8,000 techmical reports and professional iexts were sold by the Books and Reports DiviIive at an averrge selling price per unit of $25. Average costs per publication were $4 for printing and iper and 52 for postage and shipping. - The ascociation offers a variety of continuing education courses to boeh meibbers and nonmembers. The one-day courses had a tuition cost of 575 eact and were attended by 2,400 studenes. A total of i,160 students took two-diy cournes at a tuition cost of $125 for each stadent. Outside instructors - tre paid to teach nome courses. t. Salary costs and spuce occupied by division follow Personel costs are 25% of salaries in the separate divisions as well as for the corporate saff. The $20,000 in eccupancy costs (which can be allocated to scgmtents bated on their square feet occupied) Whides 550,000 in rental cost for a warehouse used by the Books and Reports Division for storage Npones. 1. Printing and paper coses other than for magazioe subscriptions and for books and reports relate to the Centinuing Education Division. Genenal and administrative expenses include costs relating to overall administration of the association Wh a whole. The company's corporate staff does some mailing of materials for general administrative Putpores. The expenses that san be triced or assigned to the corporute staff, as well as any caher expenses W. Ihe tot traceable to the segmeots: will be treated as comnon conix. It is not necessary to distinguish bhireth vereabie and fixed cosis 1. Theq: 2. Thete margin for each division as well as results for the association as a whole. The arvenents for and against allorating all costs of the axociation lo the four divisions. (CMA, adapted)
