Question: CAN WE SOMEONE ANSWER THESE REALLY FAST. Need them in a 45 mins 1. Baring Inc. is a decentralized organization operating with three segments. In
CAN WE SOMEONE ANSWER THESE REALLY FAST. Need them in a 45 mins
1. Baring Inc. is a decentralized organization operating with three segments. In 2020, Baring recorded the following: Sales $2,080,000 Variable costs 878,020 Contribution margin 1,201,980 Fixed costs 1,321,000 Operating income (loss) $(119,020) The President of Baring Inc. has requested segmented reporting based on the three segments. Accordingly, the following information was obtained: Segments West Coast East Coast Prairies Sales $608,000 $807,000 $665,000 Variable costs as percentage of sales 56% 32% 42% Traceable fixed costs $328,000 $538,000 $308,000 Based on this information, respond to the following questions in the respective answer box.
2. Managers of Harstin Corporation are considering alternative strategies to improve ROI from that originally budgeted for the coming year. Alternative 1 increases advertising to increase sales while alternative 2 reduces a number of operating expenses. Adjustments to operating assets are anticipated in each of the two alternatives as well. The numbers as in the original budget and in the two alternatives are set out below: Original Budget Alternative 1 Alternative 2 Sales $200,000 $220,000 $200,000 Operating expenses 150,000 175,000 145,000 Average operating assets 180,000 185,000 185,000 What is the relative ranking based upon ROI of the above three choices (highest to lowest)? Question 1 options: Original budget, alternative 2, alternative 1. Alternative 1, alternative 2, original budget. Alternative 2, original budget, alternative 1. Original budget, alternative 1, alternative 2.
3. Jazzco Inc. has 2,500 units of finished goods on hand at the start of the month. The company expects to sell 12,000 units during the month. Jazzco plans to have 2,000 units on hand at the end of the month, how many units must be produced during the month?
4. Which of the following statements are correct? Question 2 options: An income statement is not useful for management control purposes for profit centres. From a performance management perspective, an investment centre has the highest level of responsibility . Profit centre managers are authorized to make decisions about pricing, production, operations and capital acquisitions. A cost centre has no control over sales. An investment centre has control over invested funds, but not over costs and revenues.
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