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Presentation/PPT
27/08/2022
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.
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