gnbexam12 - GNB 11/e Practice Exam Chapter 12 Print these...

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GNB 11/e Practice Exam – Chapter 12 Print these pages. Answer each of the following questions, explaining your answers or showing your work, as appropriate, and then compare your solutions to those provided at the end of the practice exam. 1. Breakwater Pools & Spas has recorded the following information about the results of its operations for the first quarter: Total Company Division A Division B Sales revenues $200,000 $120,000 $ 80,000 Fixed costs: Common $100,000 75,000 25,000 Traceable $ 50,000 30,000 20,000 Variable cost of sales $ 60,000 30,000 30,000 Based on this information, prepare a segmented income statement for the quarter and comment on the results.
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2. The following data are available for the Western Division of Nationwide Products, Inc. and the single product it makes. Unit selling price $40 Variable cost per unit $24 Annual fixed costs $560,000 Average operating assets $3,000,000 How many units must the division sell each year to have an ROI of 16%? 3.
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This note was uploaded on 10/13/2010 for the course ACCT 203 taught by Professor Schorg during the Spring '07 term at Loyola New Orleans.

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gnbexam12 - GNB 11/e Practice Exam Chapter 12 Print these...

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