chapter 24 exercises responsibility accounting and performance evaluation
TRANSCRIPT
Chapter 24
Exercises
Responsibility Accounting and
Performance Evaluation
Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
In-Class Exercises:
Exercise No. Page E24-17 1511 Return on Investment
In-Class Exercises:
Exercise No. Page E24-17 1511 Return on Investment
Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
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Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
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Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
In-Class Exercises:
Exercise No. Page E24-18 1512 Residual Income
In-Class Exercises:
Exercise No. Page E24-18 1512 Residual Income
Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
Exercise E24-18: Zooms, a national manufacturer of lawn mowing and snow blowing equipment, segments it business according to customer type: professional and residential. The following divisional information was available for the past year: Net Sales Operating Income Avg Total Assets Residential…………$ 520,000 $ 64,320 $ 192,000 Professional………. 1,020,000 158,760 392,000
Management has a 26% target rate of return for each division. Requirements: (1) Calculate each division’s Residual Income.
Exercise E24-18: Zooms, a national manufacturer of lawn mowing and snow blowing equipment, segments it business according to customer type: professional and residential. The following divisional information was available for the past year: Net Sales Operating Income Avg Total Assets Residential…………$ 520,000 $ 64,320 $ 192,000 Professional………. 1,020,000 158,760 392,000
Management has a 26% target rate of return for each division. Requirements: (1) Calculate each division’s Residual Income.
Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
Responsibility AccountingResponsibility AccountingResponsibility AccountingResponsibility Accounting
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