Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 7 northern rivers orchards ltd grows a

Question 7 Northern Rivers Orchards Ltd grows avocadoes, macadamia nuts and...

60.1K

Verified Solution

Question

Accounting

Question 7

Northern Rivers Orchards Ltd grows avocadoes, macadamia nuts and mangoes for the commercial wholesale markets.

Unit sales, price and cost data for the last year were as follows:

Avocadoes Macadamias Mangoes

Sales Volume 40,000 trays 160,000 kg 40,000 trays

Average Price $30/tray $10/kg $10/tray

Variable Costs $10/tray $2/kg $5/tray

Fixed Costs $40,000 $100,000 $20,000

a) If corporate expenses of $160,000 are allocated across the three product divisions based on sales revenue, prepare a divisional performance report across the three product divisions. (6 marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

1. Dihybrid crosses involving plants with either white or yellow flower and either tall or short...

Biology
1.2K views

Explain why the relationship between Anthopluera elegantissima and Symbiodinium sp. or Elliptochloris marina is characterized as a...

Finance
1.2K views

Assume that you manage a risky portfolio with an expected rate of return of 20% and...

Biology
1.2K views

A plant may open and close its stomata to prevent excess water loss and maintain...

Calculus
1.2K views

on sells doors and is paid 650 per week plus a step commission based on...

Accounting
1.2K views

The Richmond Corporation uses the weighted-average method in its process costing...

Accounting
1.2K views

great cruiseline offers nightly dinner cruises departing from several cities on the eastern coast of...

Accounting
1.2K views

Sheridan Corp. has a deferred tax asset account with a balance of $ 73,800 at...

Accounting
1.2K views

Read the following letter and help Shady Slim with his tax situation. Please assume that...

Accounting
1.2K views

Packaging Solutions Corporation manufactures and sells a wide varlety of packaging products. Performance reports are...

Finance
1.2K views

You predict that interest rates are about to fall. Which bond will show the biggest...

Finance
1.2K views

7. From the following compute Debt Equity Ratio: Equity Share Capital 200,000 General Reserve 160,000...