Ask Experts Questions for FREE Help !
Ask
    crazyhorse's Avatar
    crazyhorse Posts: 5, Reputation: 1
    New Member
     
    #1

    Jan 23, 2006, 10:47 AM
    Accounting
    Bouchard Retail Company consists of two stores, A and B. Store A had sales of $80,000 during March, a contribution margin ratio of 30%, and divisional income of $11,000. The company as a whole had sales of $200,000, a contribution margin ratio of 36% and divisional income for the two stores totaled $31,000. What must the service department charges for Store B have been?
    aurora_m8819's Avatar
    aurora_m8819 Posts: 1, Reputation: 1
    New Member
     
    #2

    Jan 23, 2006, 03:18 PM
    What's the difference between a classified balance sheet and a non-classified balance sheet?

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Accounting [ 2 Answers ]

Required: Using the direct method, convert the company’s income statement to a cash basis. December 31 2002 2001 Cash $ 4 7 Accounts Receivable 36 29 Inventory 75 61 Plant and equipment 210 180 Accumulated depreciation (40) ...

Accounting Help [ 1 Answers ]

1. On March 1, 2004 Leo leases and places in service a passenger automobile. The lease will run for five years and the payments are $380 per month. During 2004, he uses his car 80% for business and 20% for personal activities. Assuming the dollar amount from the IRS table is $19, determine...

Accounting help [ 11 Answers ]

Audry, age 38 and single, earned a salary of $59,000. She had interest income of $1,600 and had a $2,000 long-term capital loss from the sale of a stock investment. Audry incurred the following employment-related expenses during the year: Transportation $5,500 Meals 2,800 Lodging 4,200...

Accounting [ 2 Answers ]

How do I find the double decling-balance method. For my straight-line method I got At the beginning of the current year, Phoenix Company acquired an item of machinery for 160,000. The machinery had a life expectancy of four years an estimated salvage value of 16,000. For the straight-line...


View more questions Search