Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ptimus Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each ivision is an investment center. Operating data for

image text in transcribedimage text in transcribedimage text in transcribed

ptimus Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each ivision is an investment center. Operating data for the Home Division for the year ended December 31,2020 , and relevant budget ata are as follows. verage operating assets for the year for the Home Division were $2,000,000 which was also the budgeted amount. Compute the expected ROI in 2020 for the Home Division, assuming the following independent changes to actual data. (Round ROI to 2 decimal places, e.g. 1.57\%.) Attempts: 0 of 5 used Sales $1,401 Variable Costs Cost of Goods Sold Selling and Administrative \begin{tabular}{rr|} \hline 99,000 & i \\ \hline 723,000 & i \\ \hline & 578,000 \\ \hline \end{tabular} \begin{tabular}{r|r|} \hline 125,000 & i \\ \hline 805,000 & i \\ \hline 596,000 \\ \hline \end{tabular} Controllable Direct Fixed Costs Selling and Administrative Selling and Administrative ptimus Company manufactures a variety of tools and industrial equipment. The company operates through three divisions. Each ivision is an investment center. Operating data for the Home Division for the year ended December 31,2020 , and relevant budget ata are as follows. verage operating assets for the year for the Home Division were $2,000,000 which was also the budgeted amount. Compute the expected ROI in 2020 for the Home Division, assuming the following independent changes to actual data. (Round ROI to 2 decimal places, e.g. 1.57\%.) Attempts: 0 of 5 used Sales $1,401 Variable Costs Cost of Goods Sold Selling and Administrative \begin{tabular}{rr|} \hline 99,000 & i \\ \hline 723,000 & i \\ \hline & 578,000 \\ \hline \end{tabular} \begin{tabular}{r|r|} \hline 125,000 & i \\ \hline 805,000 & i \\ \hline 596,000 \\ \hline \end{tabular} Controllable Direct Fixed Costs Selling and Administrative Selling and Administrative

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

Understanding Letter Of Credit Learners Guide To Letter Of Credit

Authors: Nisha S Koshal

1946822078, 978-1946822079

More Books

Students also viewed these Accounting questions

Question

Solve for x: 2(3x 1)2(x + 5) = 12

Answered: 1 week ago