Flexible Budgets: 12 points. Given the Master Budget for Alcalde LLC and the period's actual results,...
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Flexible Budgets: 12 points. Given the Master Budget for Alcalde LLC and the period's actual results, calculate all amounts for the Flexible Budget in the following Performance Report: Sales volume (cases) Sales revenue ($26/case) Less: Variable expenses: Sales expense ($2/case) Shipping expense ($5/case) Contribution Margin Less: Fixed expenses: Salaries Office rent Operating Income Division 1 Division 2 Actual Operating Assets Income 13,200 Budgeted Performance Report Flexible 13,200 $338,200 24,500 65,500 $248,200 12,200 3,500 $232,500 Sales Current Revenue Liabilities $1,044,000 $4,500,000 $5,800,000 $450,000 1,584,000 6,400,000 8,800,000 700,000 Given the following data, calculate ROI and residual income for all three divisions of a sports performance company. The company's minimum acceptable rate of return is 25%. Master 12,000 $312,000 ROI 24,000 60,000 $228,000 10,800 3,500 $213,700 Residual Income Flexible Budgets: 12 points. Given the Master Budget for Alcalde LLC and the period's actual results, calculate all amounts for the Flexible Budget in the following Performance Report: Sales volume (cases) Sales revenue ($26/case) Less: Variable expenses: Sales expense ($2/case) Shipping expense ($5/case) Contribution Margin Less: Fixed expenses: Salaries Office rent Operating Income Division 1 Division 2 Actual Operating Assets Income 13,200 Budgeted Performance Report Flexible 13,200 $338,200 24,500 65,500 $248,200 12,200 3,500 $232,500 Sales Current Revenue Liabilities $1,044,000 $4,500,000 $5,800,000 $450,000 1,584,000 6,400,000 8,800,000 700,000 Given the following data, calculate ROI and residual income for all three divisions of a sports performance company. The company's minimum acceptable rate of return is 25%. Master 12,000 $312,000 ROI 24,000 60,000 $228,000 10,800 3,500 $213,700 Residual Income
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Budgeted Performance Report Actual Flexible Master Sales Volume 13200 13200 12000 Sales Revenue 3... View the full answer
Related Book For
Business Statistics a decision making approach
ISBN: 978-0133021844
9th edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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