ADMS 2510 Managerial Accounting Week 9 Tutorial problems - All Answers are Correct
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Course
ADMS 2510 Managerial Accounting
Institution
York University (Ebor
)
Week 9:
Tutorial problems 11-2, 11-5, 11-23
EXERCISE 11–2
Segmented Income Statement
Bovine Company, a wholesale distributor of
umbrellas, has been experiencing losses for some
time, as shown by its most recent monthly
contribution format income statement below:
Sales $2,000,000
Variable...
adms 2510 week 9 tutorial problems 11 2 11 5 11 23 york university adms 2510
Written for
York University (Ebor
)
ADMS 2510 Managerial Accounting
ADMS 2510 Managerial Accounting
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Week 9:
Tutorial problems 11-2, 11-5, 11-23
,EXERCISE 11–2
Segmented Income Statement
Bovine Company, a wholesale distributor of
umbrellas, has been experiencing losses for some
time, as shown by its most recent monthly
contribution format income statement below:
, In an effort to isolate the problem, the president
has asked for an income statement segmented by
geographic market. Accordingly, the Accounting
Department has developed the following:
Geographic Market
South Central North
Sales $600,000 $800,000 $600,000
Variable expenses as a 52% 30% 40%
percentage of sales
Traceable fixed expenses $320,000 $530,000 $300,000
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