Segment Margin Statement and Segment-Margin Ratio
Not what you're looking for?
The company reports the following costs and revenues for one of its segments:
Net sales revenue . . . . . . . . . . . . $728,000
Cost of goods sold . . . . . . . . . . . . 416,000
Selling and administrative costs . . . . . 104,000
Advertising cost . . . . . . . . . . . . . 62,400
Insurance cost . . . . . . . . . . . . . . 82,000
Of these costs, cost of goods sold and selling and administrative costs are variable, advertising is a direct fixed cost, and insurance is an indirect fixed cost. Using this information, prepare a segment margin statement for this segment.
Segment-Margin Ratio
Using the information for the problem above, compute the segment-margin ratio.
Purchase this Solution
Solution Summary
The solution explains how to prepare a segment margin statement and use it to calculate the segmetn margin ratio
Solution Preview
Please see the attached file
The company reports the following costs and revenues for one of its segments:
Net sales revenue . . . . . . . . . . . . $728,000
Cost of goods sold . . . . . . . . . . . . 416,000
Selling and administrative costs . . . . . 104,000
Advertising cost . . . . . . . . . . . . ...
Purchase this Solution
Free BrainMass Quizzes
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Business Ethics Awareness Strategy
This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.