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Home / Courses / Online / MSITM-PMBA / 2020 / August 24, 2020 / ACC60171H220 / Module 6 (11/2-11/15): / Quiz-4 (Timed)
Question 16 J Corporation has two divisions. Division A has a contribution margin of $79,300 and Division B has a
Correct contribution margin of $126,200. If total traceable fixed costs are $72,400 and total common fixed costs are
1.00 points out $34,900, what is J Corporation's net operating income?
of 1.00
Select one:
a. $168,000
b. $170,600
c. $133,100
d. $98,200
Question 17 O'Neill, Incorporated's income statement for the most recent month is given below.
Correct
If Store B sales increase by $20,000 with no change in traceable fixed expenses, the overall company net
operating income should:
Select one:
a. increase by $2,500
b. increase by $5,000
c. increase by $8,000
d. increase by $12,000
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11/15/2020 Quiz-4 (Timed): Attempt review (page 4 of 4)
Question 18 Ferrar Corporation has two major business segments-Consumer and Commercial. Data for the segment and for
Incorrect the company for March appear below:
0.00 points out
of 1.00
In addition, common fixed expenses totaled $210,000 and were allocated as follows: $122,000 to the Consumer
business segment and $88,000 to the Commercial business segment.
A properly constructed segmented income statement in a contribution format would show that the segment
margin of the Consumer business segment is:
Select one:
a. $164,000
Sales................................... $280,000
b. $62,000
c. $394,000
d. $184,000
Question 19 A properly constructed segmented income statement in a contribution format would show that the net operating
Correct income of the company as a whole is:
1.00 points out
of 1.00 Select one:
a. $66,000
b. -$144,000
c. $423,000
d. $276,000
Question 20 O'Neill, Incorporated's income statement for the most recent month is given below.
Correct
The marketing department believes that a promotional campaign at Store A costing $5,000 will increase sales by
$15,000. If its plan is adopted, overall company net operating income should:
Select one:
a. decrease by $800
b. decrease by $5,800
c. increase by $5,800
d. increase by $10,000
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11/15/2020 Quiz-4 (Timed): Attempt review (page 4 of 4)
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