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Required Information [The following information applies to the questions displayed below.] Megamart provides the following information on its two Investment centers. Compute profit margin and
Required Information [The following information applies to the questions displayed below.] Megamart provides the following information on its two Investment centers. Compute profit margin and Investment turnover for each center. Which center generates more Income per dollar of sales? Which enter has the better Investment turnover? Complete this question by entering your answers in the tabs below. Compute profit margin for each center. Which center generates more income per dollar of sales? Required Information [The following information applies to the questions displayed below.] Megamart provides the following information on its two investment centers. Compute profit margin and Investment turnover for each center. Which center generates more income per dollar of sales? Which center has the better Investment turnover? Complete this question by entering your answers in the tabs below. Compute investment turnover for each center. Which center has the better investment turnover? Required Information [The following information applies to the questions displayed below.] National Retall has two departments, Housewares and Sporting. Indrect expenses for the perlod follow. The company occuples 4,000 square feet of a rented bullding. In prior perlods, the company divided the $80,000 of Indirect expenses by 4,000 square feet to find an average cost of $20 per square foot, and then allocated Indirect expenses to each department based on the square feet it occupled. The company now wants to allocate indirect expenses using the allocation bases shown below. Required: . Allocate indirect expenses to the two departments using the allocation method used in prior periods. Required Information [The following information applies to the questions displayed below.] National Retall has two departments, Housewares and Sporting. Indrect expenses for the perlod follow. The company occuples 4,000 square feet of a rented bullding. In prior perlods, the company divided the $80,000 of Indirect expenses by 4,000 square feet to find an average cost of $20 per square foot, and then allocated Indirect expenses to each department based on the square feet it occupled. The company now wants to allocate indirect expenses using the allocation bases shown below. 2. Allocate Indirect expenses to the two departments. Rent expense is allocated based on square feet occupled. Advertising expense Is allocated based on total sales. Insurance expense is allocated based on the value of Insured assets. Garcla Company has two operating departments (Phone and Earbuds) and one service department (Office). Its departmental Income statements follow. Indirect expenses and service department expenses consist of rent, utilities, and office department expenses. Requlred: Prepare a departmental contribution to overhead report
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