Question: Using the data below for the Ace Guitar Company: A Region B Region Sales $728,000 $392,000 Cost of goods sold 276,600 149,000 Selling expenses 174,700

Using the data below for the Ace Guitar Company:

	A Region	B Region
Sales	$728,000	$392,000
Cost of goods sold	276,600	149,000
Selling expenses	174,700	94,100

Support department expenses:
Purchasing			$188,200
Payroll accounting			125,400

Allocate support department expenses proportional to the sales of each region. Determine the divisional operating income for the A and B regions. For interim calculations, round percentages to two decimal places and all other amounts to the nearest whole dollar.

A Region Operating Income	$
B Region Operating Income	$

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

1. 2. Using the data below for the Ace Guitar Company: A Region B Region Sales $548,000 Cost of goods sold 208,200 131,500 $822,000 312,400 197,300 Selling expenses Support department expenses:...

Using the data below for the Ace Guitar Company: A Region B Region Sales $549,000 $671,000 Cost of goods sold 208,600 255,000 Selling expenses 131,800 161,000 Support department expenses: Purchasing...

Using the data below for the Ace Guitar Company: A Region B Region Sales $760,500 $409,500 Cost of goods sold 289,000 155,600 Selling expenses 182,500 98,300 Support department expenses: Purchasing...

Using the data below for the Ace Guitar Company: A Region B Region Sales $524,000 $786,000 Cost of goods sold 199,100 298,700 Selling expenses 125,800 188,600 Support department expenses: Purchasing...

Calculator Using the data below for the Ace Guitar Company: A Region B Region Sales Cost of goods sold Selling expenses $500,000 200,000 150,000 $900,000 300,000 275,000 Support department expenses:...

Using the data below for the Ace Guitar Company: A Region B Region Sales $816,000 $544,000 Cost of goods sold 310,100 206,700 Selling expenses 195,800 130,600 Support department expenses: Purchasing...

Using the data below for the Ace Guitar Company: A Region B Region Sales $846,000 $564,000 Cost of goods sold 321,500 214,300 Selling expenses 203,000 135,400 Support department expenses: Purchasing...

Just the answer don't need details Using the data below for the Ace Guitar Company: A Region B Region Sales $846,000 $564,000 Cost of goods sold 321,500 214,300 Selling expenses 203,000 135,400...

Using the data below for the Ace Guitar Company: A Region B Region Sales $864,000 $576,000 Cost of goods sold 328,300 218,900 Selling expenses 207,400 138,200 Support department expenses: Purchasing...

Using the data below for the Ace Guitar Company: A Region B Region Sales $458,500 $851,500 Cost of goods sold 174,200 323,600 Selling expenses 110,000 204,400 Support department expenses: Purchasing...

Assume that the diagram for Exercises 1 - 4 refers to a high school with 800 students. Draw a new diagram showing the probabilities if 20 sophomores moved from geometry to advanced algebra. Sophomote...

John Wells, CPA, is planning the audit of CVG Services, Inc. As a result of his risk assessment procedures, Wells has identified several fraud risks. a. Explain in detail how Wells might respond to...

You have invested in a business that proudly reports that it is profitable. Your investment of $ 4 comma 8 0 0 4 , 8 0 0 has produced a profit of $ 3 2 3 $ 3 2 3 . The managers think that if you...

Which of the following are problems with identifying users of ABC? Multiple select question. ABC means different things to different organizations. Organizations will announce the discontinuance of...

4. Bureau of Labor Statistics on Work Stoppages in the Public Sector. The BLS reports major work stoppages, which include worker-initiated strikes and lockouts by their employers involving 1,000...

3. If there is a contract violation found and the arbitrator sustains Mr. Mitchells Grievance, should he be promoted and receive back pay for the failure to promote him? Why? Why not? At the Coral...

3. Labor Relations and Teachers. Locate and read David Denholms The Impact of Unionism on the Quality of Education as well. The Education Policy Institute in Washington, D.C., provides links to...