Business assignment 2 acc 122

Business Assignment 2

ACC 122 Name__________________________________

In this assignment we will be completing an Office Margin Statement similar to Exhibit

11-11 on page 392. I used the information from the segment reporting footnote for 1-

800-FLOWERS.COM, Inc. I have included the source of the information, but I needed

to adjust some of the numbers to make it less complex.

First, read the footnote information in the file, “Information for Business Assignment

2.122”. Complete #1 and 2 below.

1. 1-800-FLOWERS.COM, Inc. divides its business into three segments. For each

segment indicate 2 products or services that are provided by that segment (6

points)

A. Consumer Floral

i.

ii

B. Bloom Net Wire Service

i.

ii

C. Gourmet Food & Gifts

i.

ii

2. 1-800-FLOWERS.COM, Inc. bases the performance of its segments based upon

what for each segment? (2 points)

Now move to the schedule below. It is similar to Exhibit 11-11 in our text.

3. You will need to compute traceable variable costs for each segment and office

margin for each segment. Remember that common expenses and operating income is

not given by segment, as we see in Exhibit 11-11. (12 points)

1-800-FLOWERS.COM, Inc.

Office Margin Statement

for the year ended July 2, 2017

Consume

r

Bloom Net Gourmet

Floral Wire Service Food & Gifts Total

Net Revenues $437,132 $

87,700

$

670,677

$ 1,195,509

Traceable variable costs 1,033,954

Office contribution margin 51,860

32,383

77,312

161,555

Traceable fixed costs 27,000

14,000

40,820 81,820

Office margin

79,735

Common expenses

33,376

Operating income $

46,359

Using this information from the schedule you completed in #3, compute the following

showing your computations. Add lines as needed. Each question 4 and 5 are worth

9 points each and 6 and 7 are worth 6 points each.

4. Contribution Margin ratio for each segment:

A. Consumer Floral

B. Bloom Net Wire Service

C. Gourmet Food & Gifts

5. Break-even point in sales dollars for each segment:

A. Consumer Floral

B. Bloom Net Wire Service

C. Gourmet Food & Gifts

6. Margin of safety in dollars for each segment.

A. Consumer Floral

B. Bloom Net Wire Service

C. Gourmet Food & Gifts

7. Margin of safety ratio for each segment

A. Consumer Floral

B. Bloom Net Wire Service

C. Gourmet Food & Gifts

This is the end of Business Assignment 2. Save your file and upload in the drop box

provided.

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more