Question : 91. In evaluating the profit center manager, the income from operations : 1233895

 

91. In evaluating the profit center manager, the income from operations should be compared: A. across profit centersB. to historical performance or budgetC. to the competition’s net incomeD. to the total company earnings per share

92. Income from operations of the Commercial Aviation Division is $2,225,000. If income from operations before service department charges is $3,250,000: A. operating expenses are $1,025,000B. total service department charges are $1,025,000C. noncontrollable charges are $1,025,000D. direct manufacturing charges are $1,025,000

93. The costs of services charged to a profit center on the basis of its use of those services are called: A. operating expensesB. noncontrollable chargesC. service department chargesD. activity charges

94. Division T reported income from operations of $875,000 and total service department charges of $575,000. Therefore: A. net income was $300,000B. the gross profit margin was $300,000C. income from operations before service department charges was $1,450,000D. consolidated net income was $300,000

95. To calculate income from operations, total service department charges are: A. added to income from operations before service department chargesB. subtracted from operating expensesC. subtracted from income from operations before service department chargesD. subtracted from gross profit margin

96. Income from operations for Division B is $150,000, total service department charges are $400,000 and operating expenses are $2,266,000. What are the revenues for Division B? A. $550,000B. $3,216,000C. $2,816,000D. $2,666,000

97. Income from operations for Division M is $120,000, and income from operations before service department charges is $975,000. Therefore: A. total operating expenses are $855,000B. total manufacturing expenses are $855,000C. direct materials, direct labor, and factory overhead total $855,000D. total service department charges are $855,000

98. The following data are taken from the management accounting reports of Dancer Co.: 

 

Div. A

Div. B

Div. C

Income from operations

$1,800,000

$1,350,000

$1,350,000

Total service

 

 

 

  department charges

1,700,000

1,050,000

1,100,000

 

 

 

 

If an incentive bonus is paid to the manager who achieved the highest income from operations before service department charges, it follows that: A. Division A’s manager is given the bonusB. Division B’s manager is given the bonusC. Division C’s manager is given the bonusD. The managers of Divisions B and C divide the bonus

99. What is the term used to describe expenses that are incurred for the benefit of a specific department? A. Indirect expensesB. Margin expensesC. Departmental expensesD. Direct expenses

100. The following financial information was summarized from the accounting records of Block Corporation for the current year ended December 31: 

 

SoftwareDivision

HardwareDivision

CorporateTotal

Cost of goods sold

$47,200

$30,720

 

Direct operating expenses

27,200

20,040

 

Net sales

95,000

64,000

 

Interest expense

 

 

$  2,040

General overhead

 

 

18,160

Income tax

 

 

4,700

 

 

 

 

The gross profit for the Software Division is: A. $47,800B. $20,600C. $13,240D. $33,280

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more