Acme Company is organized into two operating segments, Divis…

Acme Company is organized into two operating segments, Division X and Division Z. During the current year, Acme’s total company sales revenues are $850,000, its overall contribution margin ratio is 36%, common fixed costs are $97,000, and operating income is $106,000. If Division X has a contribution margin of $142,000 and Division Z has a contribution margin ratio of 40%, what are Division X’s sales revenues? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Acme Company produces widgets and sells them for $75 per uni…

Acme Company produces widgets and sells them for $75 per unit. During its first year of operations Acme produces 4,100 units and sells 3,600 units. At this level of production, Acme’s per-unit manufacturing costs are as follows: direct materials $18, direct labor $12, variable overhead $6, and fixed overhead $15. At this level of sales, variable selling and administrative expenses are $9 per unit and fixed selling and administrative expenses are $4 per unit. What is Acme’s ending inventory balance using variable costing? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Acme Company manufactures widgets and sells them for $110 pe…

Acme Company manufactures widgets and sells them for $110 per unit. Acme’s variable manufacturing costs are $28 per unit and its total fixed manufacturing overhead costs are $210,000 per year. During its first year of operations, Acme produced 3,500 units and its operating income is $59,200 using absorption costing and $34,000 using variable costing. How many units did Acme sell in its first year of operations?

Acme Company has a minimum required rate of return of 18.2%….

Acme Company has a minimum required rate of return of 18.2%. Acme has three divisions, Divisions P, Q and R. During the current year, Division R reports a return on investment of 26.6% and residual income of $42,000. What are Division R’s average operating assets? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

In a study of water quality in different U.S. areas, researc…

In a study of water quality in different U.S. areas, researchers collected 100 water samples in each of four areas: west, midwest, south, and northeast. Each water sample was measured for three characteristics: acidity, color, and amount of sediment. Let denote the response for the characteristic of the water sample in the area. (4pts) For each pair of responses below, indicate whether or not they would be independent or correlated under the MANOVA model.i.   and ii. and (2pts) If the initial MANOVA test for this situation is found to be significant, what follow-up procedure would be appropriate to consider?