Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company's most recent...

Question

Question

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The companys most recent monthly contribution for

business accounting

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

Please give positive ratings so I can keep answering. It would help me a lot. Please comment if you have any query. Thanks!

Bed and Bath	Hardware
Sales (reduced by 13%)	2,775,300.00
Less: Variable expenses (reduced by 13%)	868,260.00
Contribution	1,907,040.00
Less: Fixed expenses- Hardware	1,490,000.00
Less: Fixed expenses- Linen	376,000.00
Net operating Income	41,040.00
Current total net operating Income	507,000.00
Reduction in Net operating Income by	465,960.00

Add a comment

Answer 2

Similar Homework Help Questions

Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly...

Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contribution format income statement follows: Department Total Hardware Linens Sales $ 4,330,000 $ 3,190,000 $1,140,000 Variable expenses Contribution margin 1,385,000 967,000 418,000 2,945,000 2,223,000 722,000 Fixed expenses 2,320,000 1,450,000 870,000 Net operating income (1oss) 625,000 77३,०00 । (148,000) A study indicates that $378,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if the Linens...
Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company's most recent...

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company's most recent monthly contribution format income statement follows: TotalDepartment $4,180,000 $3,120,000 $1,060,000 1,217,000 805,000 412,000 Hardware Linens Sales Variable expenses Contribution margin Fixed expenses 2,963,000 2,315,000 648,000 2,370,000 1,500,000 870,000 Net operating income (loss) 593,000 S 815,000 $ (222,000) A study indicates that $377,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if the Linens Department...
Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company’s most recent...

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company’s most recent monthly contribution format income statement follows: Department Total Hardware Linens Sales $ 4,240,000 $ 3,190,000 $ 1,050,000 Variable expenses 1,217,000 810,000 407,000 Contribution margin 3,023,000 2,380,000 643,000 Fixed expenses 2,240,000 1,420,000 820,000 Net operating income (loss) $ 783,000 $ 960,000 $ (177,000 ) A study indicates that $378,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will...

Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly...

Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Department Total Hardware Linens $ 4,290,000 $ 3,110,000 $ 1,180,000 1,403,000 985,000 418,000 2,887,000 2,125,000 762,000 2,210,000 1,370,000 840,000 $ 677,000 $ 755,000 $ (78,000) A study indicates that $380,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even...
Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly...

Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contribution format income statement follows: Department Hardware Linens Total $ 4,330,000 3,180,000 $ 1,150,000 Sales Variable expenses 987,000 1,396,000 409,000 Contribution margin 2,934,000 2,193,000 741,000 Fixed expenses 2,340,000 1,490,000 850,000 $ 703,000 $ (109,000) 594,000 $ Net operating income (loss) A study indicates that $377,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if...
Bed & Bath, a retailing company, has two departments—Hardware and Linens. The company's most recent monthly...

Bed & Bath, a retailing company, has two departments—Hardware and Linens. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Department Total Hardware Linens $ 4,290,000 $3,150,000 $ 1,140,000 1,396,000 986,000 410,000 2,894,000 2,164,000 730,000 2,320,000 1,430,000 890,000 $ 574,000 $ 734,000 $ (160,000) Net operating income (loss) A study indicates that $376,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if...

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company's most recent...

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company's most recent monthly contribution format income statement follows: Department Total Hardware Linens $4,260,000 $3,160,000 $1,100,000 1,229,000 825,000 404,000 Sales Variable expenses Contribution margin Fixed expenses 3,031,000 2,210,000 2,335,000 1,320,000 696,000 890,000 Net operating income (loss) $ 821,000 $1,015,000 $ (194,000) A study indicates that $378,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if the Linens...
Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company's most recent...

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Total $ 4,230,000 1,227.000 3,003.000 2,270,000 $ 733,000 Department Hardware Linens $3,170,000 $ 1,060,000 811,000 416,000 2,359,000 644.000 1,430,000 840,000 $929.000 $ (196,000) A study indicates that $378,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if...
Bed & Bath, a retailing company, has two departments—Hardware and Linens. The company’s most recent monthly...

Bed & Bath, a retailing company, has two departments—Hardware and Linens. The company’s most recent monthly contribution format income statement follows: Department Total Hardware Linens Sales $ 4,370,000 $ 3,190,000 $ 1,180,000 Variable expenses 1,334,000 915,000 419,000 Contribution margin 3,036,000 2,275,000 761,000 Fixed expenses 2,200,000 1,360,000 840,000 Net operating income (loss) $ 836,000 $ 915,000 $ (79,000 ) A study indicates that $378,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue...

Bed & Bath, a retailing company, has two departments—Hardware and Linens. The company’s most recent monthly...

Bed & Bath, a retailing company, has two departments—Hardware and Linens. The company’s most recent monthly contribution format income statement follows: Department Total Hardware Linens Sales $ 4,350,000 $ 3,190,000 $ 1,160,000 Variable expenses 1,309,000 908,000 401,000 Contribution margin 3,041,000 2,282,000 759,000 Fixed expenses 2,350,000 1,450,000 900,000 Net operating income (loss) $ 691,000 $ 832,000 $ (141,000 ) A study indicates that $374,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue...

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company's most recent...

Homework Answers