division q makes a single product information for the division for the year just end 611406

Division Q makes a single product. Information for the division for the year just ended it:

Sales

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30 000 units

Fixed costs

£487 000

Depreciation

£247 500

Residual income

£47 200

Net asset

£1 250 000

Head office assesses divisional performance by the residual income achieved. It uses a cost of capital of 12% a year.

Division Q’s average contribution per unit was

A £14.82

B £22.81

C £28.06

D £31.06

E £32.81

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