The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B:
| Total | Product A | Product B | |
| Sales | $171,890 | $85,180 | $86,710 |
| Variable Costs | 97,080 | 50,256 | 46,823 |
| Contribution margin | $74,810 | $34,924 | $39,887 |
| Fixed costs: | |||
| Avoidable | 55,490 | 22,850 | 32,640 |
| Unavoidable | 31,430 | 5,970 | 25,460 |
| Profit | $-12,110 | $6,104 | $-18,213 |
Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be
Homework Answers
|
Decrease in total profit = Contribution margin lost - Avoidable fixed costs = 39,887 - 32,640 = -7247 New profit = -12,110 - 7247 Decrease = 19,357 |
|
Add Answer to:
The following income statement is for X Company and its only two
products - A and...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two
products - A and B:
Total
Product A
Product B
Sales
$174,760
$85,650
$89,110
Variable Costs
96,836
51,390
45,446
Contribution margin
$77,924
$34,260
$43,664
Fixed costs:
Avoidable
71,970
24,600
47,370
Unavoidable
31,500
5,270
26,230
Profit
$-25,546
$4,390
$-29,936
Because Product B is showing a loss, X Company is considering
dropping it and saving its avoidable fixed costs. If it drops
Product B, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total Product A Product B Sales $181,000. $88,150. $92,850 Variable Costs. 100,384 50,245 50,139 Contribution margin $80,616 $37,905. $42,711 Fixed costs: Avoidable 64,830 24,440 40,390 Unavoidable 33,960 6,470 27,490 Profit $-18,174. $6,995 $-25,169 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Product Product Total A B Sales $185,980 $91,190 $94,790 Variable 110,676 53,802 56,874 Costs Contribution $75,304 $37,388 $37,916 margin Fixed costs: Avoidable 51,720 22,570 29,150 Unavoidable 34,150 2,960 26,190 Profit $-10,566 $6,858 $-17,424 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total $181,260 103,195 $78,065 Product A $87,540 51,649 $35,891 Product B $93,720 51,546 $42,174 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 63,620 32,880 $-18,435 23,260 5,730 $6,901 40,360 27,150 $-25,336 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Product Product Total A B Sales $185,980 $91,190 $94,790 Variable 110,676 53,802 56,874 Costs Contribution $75,304 $37,388 $37,916 margin Fixed costs: Avoidable 51,720 22,570 29,150 Unavoidable 34,150 2,960 26,190 Profit $-10,566 $6,858 $-17,424 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total Product A Product B Sales $177,020 $89,500 $87,520 Variable Costs 96,545 51,910 44,635 Contribution margin $80,475 $37,590 $42,885 Fixed costs: Avoidable 61,390 21,370 40,020 Unavoidable 33,830 5,750 28,080 Profit $-14,745 $10,470 $-25,215 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be?
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total Product A Product B Sales $180,560 $87,730 $92,830 Variable Costs 98,584 44,742 53,841 Contribution margin $81,976 $42,988 $38,989 Fixed costs: Avoidable 63,950 41,480 22,470 Unavoidable 35,550 29,920 5,630 Profit $-17,524 $-28,412 $10,889 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total $180,270 99,381 $80,889 Product A $86,260 44,855 $41,405 Product B $94,010 54,526 $39,484 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 63,530 36,430 $-19,071 38,720 28,530 $-25,845 24,810 7,900 $6,774 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total $181,100 102,336 $78,764 Product A $90,260 48.740 $41,520 Product B $90,840 53.596 $37,244 Sales Variable costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 54,660 34,160 $-10,056 31,070 27,450 $-17,000 23,590 6.710 $6,944 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total Product A Product B Sales $183,530 $90,190 $93,340 Variable Costs 103,710 50,506 53,204 Contribution margin $79,820 $39,684 $40,136 Fixed costs: Avoidable 52,270 30,380 21,890 Unavoidable 32,110 25,390 6,720 Profit $-4,560 $-16,086 $11,526 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be?
The following income statement is for X Company and its only two
products - A and B:
Total
Product A
Product B
Sales
$174,760
$85,650
$89,110
Variable Costs
96,836
51,390
45,446
Contribution margin
$77,924
$34,260
$43,664
Fixed costs:
Avoidable
71,970
24,600
47,370
Unavoidable
31,500
5,270
26,230
Profit
$-25,546
$4,390
$-29,936
Because Product B is showing a loss, X Company is considering
dropping it and saving its avoidable fixed costs. If it drops
Product B, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and B: Product Product Total A B Sales $185,980 $91,190 $94,790 Variable 110,676 53,802 56,874 Costs Contribution $75,304 $37,388 $37,916 margin Fixed costs: Avoidable 51,720 22,570 29,150 Unavoidable 34,150 2,960 26,190 Profit $-10,566 $6,858 $-17,424 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be
The following income statement is for X Company and its only two products - A and B: Total $181,260 103,195 $78,065 Product A $87,540 51,649 $35,891 Product B $93,720 51,546 $42,174 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 63,620 32,880 $-18,435 23,260 5,730 $6,901 40,360 27,150 $-25,336 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be
The following income statement is for X Company and its only two products - A and B: Product Product Total A B Sales $185,980 $91,190 $94,790 Variable 110,676 53,802 56,874 Costs Contribution $75,304 $37,388 $37,916 margin Fixed costs: Avoidable 51,720 22,570 29,150 Unavoidable 34,150 2,960 26,190 Profit $-10,566 $6,858 $-17,424 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be
The following income statement is for X Company and its only two products - A and B: Total $180,270 99,381 $80,889 Product A $86,260 44,855 $41,405 Product B $94,010 54,526 $39,484 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 63,530 36,430 $-19,071 38,720 28,530 $-25,845 24,810 7,900 $6,774 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be
The following income statement is for X Company and its only two products - A and B: Total $181,100 102,336 $78,764 Product A $90,260 48.740 $41,520 Product B $90,840 53.596 $37,244 Sales Variable costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 54,660 34,160 $-10,056 31,070 27,450 $-17,000 23,590 6.710 $6,944 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be
Most questions answered within 3 hours.
-
A uniform magnetic field is perpendicular to the plane of a wire
loop. If the loop...
asked 7 minutes ago -
Preparation of Benzoic Acid using a Grignard Reagent URGENT
1. During your Grignard formation, a small...
asked 8 minutes ago -
At the peak of your career, your were earning $120,000 and
holding a top level position....
asked 10 minutes ago -
. A permanent magnet is dropped south-end-down through a horizontal
circular coil with a radius of...
asked 12 minutes ago -
Bernie's Beverages purchased some fixed assets classified as
5-year property for MACRS. The assets cost $28,000....
asked 26 minutes ago -
How many ATPs are produced from the catabolism of a 10-C
molecule of fatty acid under...
asked 31 minutes ago -
Before practicing a routine on the rings, a 64.8 kg gymnast
hangs motionless, with one hand...
asked 32 minutes ago -
If the K b of a weak base is 6.3 × 10 − 6 , what...
asked 39 minutes ago -
Which of the following is the minimum amount of moles of NaOH
that must be added...
asked 42 minutes ago -
Stories about organizational ________ provide important clues
about cultural values and norms.
a. myths
b. heroes...
asked 44 minutes ago -
Explain the criteria used in selecting a target market
BUS220 Retail Management, thank you!
asked 46 minutes ago -
Convert/Calculate the following:
Determine the identity of an elemental gas if 4.55 L weighing
35.4g, under...
asked 49 minutes ago