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sh03641

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Question 1

The Sphinx division of Shepherd Corporation generated net revenues of $12,000,000 and variable expenses of $7,700,000. If common corporate fixed costs were $1,000,000 and the segment margin was $1,300,000, what are the division's direct fixed expenses?
◦ $300,000
◦ $4,300,000
◦ $3,000,000
◦ The answer cannot be determined from the information given.

Question 2

The Delta division of Georgia Corporation generated net revenues of $6,000,000 and variable expenses of $3,500,000 during the year. If direct fixed costs were $1,000,000 and the segment margin was $1,500,000, what are the common corporate fixed costs?
◦ $5,00,000
◦ $1,500,000
◦ $4,500,000
◦ The answer cannot be determined from the information given.


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Marked as best answer by sh03641 on Feb 5, 2023

hiyayyay

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sh03641

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Reply 2 on: Feb 5, 2023
Wow, this really help


okolip

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Reply 3 on: Yesterday
Excellent

 

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