Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Thanks! Refer to the Pennington Products information below. Pennington Products has two product lines: R-100 and R-200. Revenue and cost information for each of the
Thanks!
Refer to the Pennington Products information below. Pennington Products has two product lines: R-100 and R-200. Revenue and cost information for each of the product lines are as follows: R-100 $45 $15 R-200 $65 $26 Selling price per unit Variable costs per unit Traceable fixed expenses $250 000 $300 000 Pennington has common fixed expenses of $250 000 per year. Last year, the company produced and sold 30 000 units of R-100 and 20 000 units of R-200. What is the segment margin ratio of the R-200 product line? 60 per cent O 37 per cent 27 per cent O 32 per cent QUESTION 8 Shannon Pharmaceuticals has the following information available for one of its divisions in the current year: Sales revenue Average operating assets Return on investment (ROI) $12 000 000 4 000 000 4596 The company requires each of its divisions to generate a minimum return of 35 per cent. What is this division's residual income? $400 000 $450 000 $600 000 O $700 000Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started