Kimble Industries Production Division Reported a Net Operating Loss of $500,000

question 58

Short Answer

Kimble Industries production division reported a net operating loss of $500,000 in 2016.Included in that amount were common fixed corporate expenses of $720,000 that were allocated to divisions based on segment gross profit.The division's segment margin was
a.$220,000.
b.$500,000.
c.$220,000.
d.$500,000.

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Definitions:

Unethical Behaviors

Actions that do not conform to accepted moral norms or standards within a profession or organization.

Positive Culture

An organizational environment characterized by shared values and practices that promote mutual respect, collaboration, and optimism.

Cohesive Culture

A workplace environment where there is a strong sense of belonging and unity among employees, fostering teamwork and collaboration.

Kilmann-Saxton Culture-Gap Survey

A diagnostic tool designed to assess the differences between the existing culture within an organization and its ideal, or desired, state.