Homework Answers
Add Answer to:
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the...
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the...
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of $4,000. The division sales for the year were $1,051,000 and the variable costs were $861,000. The fixed costs of the division were $194,000. If the mountain bike division is dropped, 30% of the fixed costs allocated to that division could be eliminated. The impact on operating income for eliminating this business segment would be: Multiple Choice $58,200 decrease $131,800 decrease $54,200...
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the...
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of $5,000. The division sales for the year were $1,059,000 and the variable costs were $862,000. The fixed costs of the division were $202,000. If the mountain bike division is dropped, 30% of the fixed costs allocated to that division could be eliminated. The impact on operating income for eliminating this business segment would be: Multiple Choice $60,600 decrease $136,400 decrease $55,600...
Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent...
Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,000. The division sales for the year were $941,000 and the variable costs were $465,000. The fixed costs of the division were $517,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be: Multiple Choice O $269,200 increase O $476,000 decrease...
Gion Company is considering eliminating its windows division, which reported an operating loss for the recent...
Gion Company is considering eliminating its windows division, which reported an operating loss for the recent year of $105,000. Division sales for the year were $1,110,000 and its variable costs were $975,000. The foed costs of the division were $220,000. If the windows division is dropped, 65% of the fixed costs allocated to it could be eliminated. The impact on Gion's operating income from eliminating this business segment would be: - Ο $7.200 decrease Ο $8,000 increase Ο $143,000 decrease...
Valdez Company is considering eliminating its kitchen division, which reported an operating loss of $53,000 for...
Valdez Company is considering eliminating its kitchen division, which reported an operating loss of $53,000 for the past year, Kitchen division sales for the year were $1,040,000, and its variable costs were $775,000. The fixed costs of the division were $318,000. If the kitchen division is dropped, 60% of the foxed costs allocated to it could be eliminated. The impact on Valdez's operating income from eliminating this business segment would be . Multiple Choice Ο $74,200 decrease Ο $265,000 increase...
Valber Company is considering eliminating its phone division. The company allocates fixed costs based on sales....
Valber Company is considering eliminating its phone division. The company allocates fixed costs based on sales. If the phone division is dropped, $150,000 of the fixed costs allocated to that division could be eliminated. The impact on Valber’s operating income from eliminating the phone division would be: Desktops Laptops Tablets Phones Sales $ 356,000 $ 871,500 $ 694,000 $ 975,000 Variable costs 201,000 635,000 528,000 795,000 Contribution margin 155,000 236,500 166,000 180,000 Fixed costs 71,200 174,300 138,800 195,000 Net income...
Sammy Company is considering eliminating its commercial division. The company allocates foed costs based on division...
Sammy Company is considering eliminating its commercial division. The company allocates foed costs based on division sales. If the commercial division is dropped, $100,000 of the fixed costs allocated to it could be eliminated. The impact on Sammy's operating income from eliminating the commercial division would be Sales Variable costs Contribution margin Fixed costs Net income (loss) Garden $678,000 372,900 305,100 247,200 57,900 Farm $920,000 414,000 506,000 335,500 170,500 Commercial $ 692,000 649,800 42,200 252,400 (210,200) Ο Ο $10,200 decrease...
15 iSooky has a spotter truck with a book value of $40,000 and a remaining useful...
15 iSooky has a spotter truck with a book value of $40,000 and a remaining useful life of five years. At the end of the five years the spotter truck will have a zero salvage value. The market value of the spotter truck is currently $32,000. iSooky can purchase a new spotter truck for $120,000 and receive $31,000 in return for trading in its old spotter truck. The new spotter truck will reduce variable manufacturing costs by $25,000 per year...
Our company currently has two divisions, with the following budgeted operating results for next year: Division...
Our company currently has two divisions, with the following budgeted operating results for next year: Division 1 Division 2 Sales $600,000 $300,000 Variable costs 310,000 200.000 $290,000 $100,000 Contribution margin Divisional fixed costs 110.000 60,000 Segment margin $180,000 $40,000 Allocated fixed costs 100.000 _50.000 Net income (loss) $ 80.000 3.010,000) Because of the expected loss in Division 2, we are considering eliminating it. All of the fixed costs for the division could be division was dropped. What is the expected...
2.Using the information below, compute the manufacturing cycle time: Process time 9.0 hours Inspections time 0.5...
2.Using the information below, compute the manufacturing cycle time: Process time 9.0 hours Inspections time 0.5 hours Move time 0.6 hours Wait time 0.9 hours Warehouse storage time 89.0 hours 10.5hrs 9.5hrs 11 hrs 100 hrs 10.1 hrs 3.Marks Corporation has two operating departments, Drilling and Grinding, and an office. The three categories of office expenses are allocated to the two departments using different allocation bases. The following information is available for the current period: Office Expenses Total Allocation Basis...
Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of $4,000. The division sales for the year were $1,051,000 and the variable costs were $861,000. The fixed costs of the division were $194,000. If the mountain bike division is dropped, 30% of the fixed costs allocated to that division could be eliminated. The impact on operating income for eliminating this business segment would be: Multiple Choice $58,200 decrease $131,800 decrease $54,200...
Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,000. The division sales for the year were $941,000 and the variable costs were $465,000. The fixed costs of the division were $517,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be: Multiple Choice O $269,200 increase O $476,000 decrease...
Gion Company is considering eliminating its windows division, which reported an operating loss for the recent year of $105,000. Division sales for the year were $1,110,000 and its variable costs were $975,000. The foed costs of the division were $220,000. If the windows division is dropped, 65% of the fixed costs allocated to it could be eliminated. The impact on Gion's operating income from eliminating this business segment would be: - Ο $7.200 decrease Ο $8,000 increase Ο $143,000 decrease...
Valdez Company is considering eliminating its kitchen division, which reported an operating loss of $53,000 for the past year, Kitchen division sales for the year were $1,040,000, and its variable costs were $775,000. The fixed costs of the division were $318,000. If the kitchen division is dropped, 60% of the foxed costs allocated to it could be eliminated. The impact on Valdez's operating income from eliminating this business segment would be . Multiple Choice Ο $74,200 decrease Ο $265,000 increase...
Sammy Company is considering eliminating its commercial division. The company allocates foed costs based on division sales. If the commercial division is dropped, $100,000 of the fixed costs allocated to it could be eliminated. The impact on Sammy's operating income from eliminating the commercial division would be Sales Variable costs Contribution margin Fixed costs Net income (loss) Garden $678,000 372,900 305,100 247,200 57,900 Farm $920,000 414,000 506,000 335,500 170,500 Commercial $ 692,000 649,800 42,200 252,400 (210,200) Ο Ο $10,200 decrease...
15 iSooky has a spotter truck with a book value of $40,000 and a remaining useful life of five years. At the end of the five years the spotter truck will have a zero salvage value. The market value of the spotter truck is currently $32,000. iSooky can purchase a new spotter truck for $120,000 and receive $31,000 in return for trading in its old spotter truck. The new spotter truck will reduce variable manufacturing costs by $25,000 per year...
Our company currently has two divisions, with the following budgeted operating results for next year: Division 1 Division 2 Sales $600,000 $300,000 Variable costs 310,000 200.000 $290,000 $100,000 Contribution margin Divisional fixed costs 110.000 60,000 Segment margin $180,000 $40,000 Allocated fixed costs 100.000 _50.000 Net income (loss) $ 80.000 3.010,000) Because of the expected loss in Division 2, we are considering eliminating it. All of the fixed costs for the division could be division was dropped. What is the expected...
Most questions answered within 3 hours.
-
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 34 minutes ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 57 minutes ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 1 hour ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 1 hour ago -
What would be the input/output characteristic of a circuit
obtained by putting two of your 2's-complementers...
asked 1 hour ago -
In Drosophila, the transition from the syncytial blastoderm
stage to the cellular blastoderm stage is a...
asked 2 hours ago -
Project management question:
Name 3 different types of resources (hint: humans are one
type)
asked 2 hours ago -
Consider the following reaction: C 2H 2( g) + 2H 2( g) C 2H 6(
g)...
asked 2 hours ago -
Consider a 1.0 L buffer containing 0.092 mol L-1 HCOOH and 0.100
mol L-1 HCOO-. What...
asked 2 hours ago -
Koch Realty has owned a vacant land with a FMV of
$775,000 and an adjusted basis...
asked 2 hours ago -
It is estimated 29% of all adults in United States invest in
stocks and that 85%...
asked 2 hours ago -
What does a 2-sided p value of 0.04 mean? (I am not asking if it
is...
asked 2 hours ago