Question: Question 33 (4 points) The July contribution format income statement of Raiche Corporation appears below: Sales Variable expenses Contribution margin.. Fixed expenses. Net operating income.....


Question 33 (4 points) The July contribution format income statement of Raiche Corporation appears below: Sales Variable expenses Contribution margin.. Fixed expenses. Net operating income..... $510,600 255,300 255,300 217,300 $ 38,000 The degree of operating leverage is closest to: 6.72 13.44 0.15 0.07 Question 38 (4 points) Futter Corporation uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs: Costs: Wages and salaries ....... Depreciation......... Occupancy Total... $440,000 180,000 220,000 $840,000 The distribution of resource consumption across the three activity cost pools is given below: Activity Cost Pools Order Fabricating Processing 55% 35% 20% 35% 10% 50% Wages and salaries ..... Depreciation Utilities..... Other 10% 45% 40% Total 100% 100% 100% How much cost, in total, would be allocated in the first stage allocation to the Fabricating activity cost pool? Depreciation Utilities. 20% 10% 35% 50% 45% 40% 100% 100% How much cost, in total, would be allocated in the first-stage allocation to the Fabricating activity cost pool? $84,000 $300,000 $238,000 $462,000
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