Homework Acct 505 Week 6 Quiz Segment Reporting And Relevant Costs For Decisions (Devry)

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HOMEWORK ACCT 505 Week 6 Quiz Segment Reporting and Relevant Costs for Decisions (DEVRY)

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Question :

(TCO D) Return on investment (ROI) is equal to the margin multiplied by

2.

Question :

(TCO D) For which of the following decisions are opportunity costs relevant?

The decision to make or buy a needed part

The desision to keep or drop a product line

(A)

Yes

Yes

(B)

Yes

No

(C)

No

Yes

(D)

No

No

3.

Question :

(TCO D) Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the beginning of the year and $90,000 at the end of the year. What was the company's turnover, rounded to the nearest tenth?

1.

Question :

(TCO D) Data for December concerning Dinnocenzo Corporation's two major business segments-Fibers and Feedstocks-appear below:

Sales revenues, Fibers

$870,000

Sales revenues, Feedstocks

$820,000

Variable expenses, Fibers

$426,000

Variable expenses, Feedstocks

$344,000

Traceable fixed expenses, Fibers

$148,000

Traceable fixed expenses, Feedstocks

S156,000

Common fixed expenses totaled $314,000 and were allocated as follows: $129,000 to the Fibers business segment and $185,000 to the Feedstocks business segment.

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