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Please help with these practice questions :) Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is
Please help with these practice questions :)
Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $11,800. The AFE Division's divisional segment margin is $81,600 and the GBI Division's divisional segment margin is $46,700. What is the amount of the common fixed expense not traceable to the individual divisions? Multiple Choice O $128,300 O $93,400 O $116,500 O $58,500Columbia Corporation produces a single product. The company's variable costing income statement for November appears below: Columbia Corporation Income Statement For the Month ended November 30 Sales ($18 per unit) $ 765, 090 Variable expenses : Variable cost of goods sold 467, 500 Variable selling expense 127, 500 Total variable expenses 695, 000 Contribution margin 170, 000 Fixed expenses: Manufacturing 105, 360 Selling and administrative 35, 120 Total fixed expenses 140, 480 Net operating income $ 29, 520 During November, 35.120 units were manufactured and 8,650 units were in beginning inventory. Variable production costs per unit, total fixed manufacturing expenses, and the number of units produced were the same in prior months. The value of the company's inventory on November 30 under absorption costing would be: Multiple Choice O $17.780 O $26,590 O $13.970 O $21.590Data for January for Bondi Corporation and its two major business segments, North and South, appear below: Sales revenues, North $ 548,000 Variable expenses, North $ 318,000 Traceable fixed expenses, North $ 65, 600 Sales revenues, South $ 423,500 Variable expenses, South $ 241, 600 Traceable fixed expenses, South $ 54, 800 In addition, common fixed expenses totaled $148,600 and were allocated as follows: $77,200 to the North business segment and $71,400 to the South business segment. A properly constructed segmented income statement in a contribution format would show that the segment margin of the North business segment is: Multiple Choice O $152,800 O $87,200 O $318,000 O $164,400Step by Step Solution
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