Business
Business, 15.11.2019 23:31, sk9600930

Nantor corporation has two divisions, southern and northern. the following information was taken from last year's income statement segmented by division:

total company southern northern
sales $ 8,000,000 $ 5,000,000 $ 3,000,000
contribution margin $ 3,300,000 $ 2,100,000 $ 1,200,000
divisional segment margin $ 1,700,000 $ 1,400,000 $ 600,000
net operating income last year for nantua corporation was $800,000.

if the northern division's sales last year were $600,000 higher, how would this have changed nantua's net operating income? (assume no change in selling prices, variable expenses per unit, or fixed expenses.)

$240,000 increase

$60,000 increase

$160,000 increase

$1,200,000 increase

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 20:20, smelcher3900
Molander corporation is a distributor of a sun umbrella used at resort hotels. data concerning the next month’s budget appear below: selling price per unit $ 29 variable expense per unit $ 14 fixed expense per month $ 12,450 unit sales per month 980 required: 1. what is the company’s margin of safety? (do not round intermediate calculations.) 2. what is the company’s margin of safety as a percentage of its sales? (round your percentage answer to 2 decimal places (i. e. 0.1234 should be entered as 12.
Answers: 3
image
Business, 22.06.2019 05:50, Haddixhouse8948
Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes
Answers: 2
image
Business, 22.06.2019 11:20, greatsavagebeast
Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.
Answers: 3
image
Business, 23.06.2019 02:20, FatCatcreator
Speedy auto repairs uses a job-order costing system. the company’s direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics’ hourly wages. speedy’s overhead costs include various items, such as the shop manager’s salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. the company applies all of its overhead costs to jobs based on direct labor-hours. at the beginning of the year, it made the following estimates: direct labor-hours required to support estimated output 20,000 fixed overhead cost $ 350,000 variable overhead cost per direct labor-hour $ 1.00 required: 1. compute the predetermined overhead rate. 2. during the year, mr. wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. the following information was available with respect to his job: direct materials $ 590 direct labor cost $ 109 direct labor-hours used 6
Answers: 1
Do you know the correct answer?
Nantor corporation has two divisions, southern and northern. the following information was taken fro...

Questions in other subjects:

Konu
Mathematics, 01.03.2021 07:10