Practice Chap 11

Practice Chap 11 - NOREEN MANAGERIAL ACCOUNTING FOR...

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NOREEN MANAGERIAL ACCOUNTING FOR MANAGERS 2E Practice– Chapter 11 1. What is a balanced scorecard? Define the four performance measures used in the balanced scorecard approach. 2. The Northwestern Division of Brill, Inc. recorded operating data as follows for the past year. Average operating assets $250,000 Net operating income 59,500 Sales 425,000 Stockholders’ equity 175,000 Minimum required rate of return 12% (a) Compute the division’s margin. (b) Compute the division’s turnover. (c) Compute the division’s return on investment. (d) Compute the division’s residual income.
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3. Campton Company has recorded the following information about the results of its operations for the first quarter: Total Company Eastern Division Western Division Sales revenues $220,000 $ 80,000 $140,000 Variable cost of sales $ 70,000 30,000 40,000 Fixed costs: Common $100,000 20,000 80,000 Traceable $ 65,000 25,000 40,000 Prepare a segmented income statement for the quarter and comment on the results.
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This note was uploaded on 01/13/2012 for the course IS 3020 taught by Professor Staff during the Spring '08 term at Kennesaw.

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Practice Chap 11 - NOREEN MANAGERIAL ACCOUNTING FOR...

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