Homework Answers
| Big bart line should not be eliminated as it is producing net income of $10,800 | |||
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| Statement showing Computations | |||
| Particulars | Continue | Eliminate | Increase (Decrease) |
| Sales | 234,000.00 | - | 234,000.00 |
| Less Variable Expenses | (210,600.00) | - | (210,600.00) |
| Contribution Margin | 23,400.00 | - | 23,400.00 |
| Fixed cost | (29,100.00) | (16,500.00) | (12,600.00) |
| Net operating income | (5,700.00) | (16,500.00) | 10,800.00 |
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eliminated, $16.500 of fred costs will remain the enter with a negative si pred the number...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,500 from sales $200,000, variable costs $176,000, and fixed costs $29,500. If the Big Bart line is eliminated, $20,100 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Grouper, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has...
Grouper, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,700 from sales $201,000, variable costs $176,000, and fixed costs $30,700. If the Big Bart line is eliminated, $20,000 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $10,000 from sales $200,000, variable costs $180,000, and fixed costs $30,000. If the Big Bart line is eliminated, $20,000 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Concord, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has...
Concord, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $4,900 from sales $200,000, variable costs $175,000, and fixed costs $29,900. If the Big Bart line is eliminated, $19,400 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Send to the Question 3 View Pollides Current Attempt in Progress Lisah, Inc., manufactures golf clubs...
Send to the Question 3 View Pollides Current Attempt in Progress Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bartline has a net loss of $6.600 from sales $200.000 variable costs $176,000 and fuced costs $30.600. If the Big Bartline is eliminated, $20600 of fixed costs will remain. Prepare an analysis showing whether the Big Bartline should be eliminated. (Enter negative amounts using either a negative sin preceding the numberes-45 or parentheses 50 Continue Net...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,000 from sales $199,000, variable costs $175,000, and fixed costs $29,000. If the Big Bart line is eliminated, $20,000 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $6,600 from sales $200,000, variable costs $176,000, and fixed costs $30,600. If the Big Bart line is eliminated, $20,600 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,500 from sales $201,000, variable costs $176,000, and fixed costs $30,500. If the Big Bart line is eliminated, $19,600 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Cullumber Corporation manufactures several types of accessories. For the year, the gloves and mittens line had...
Cullumber Corporation manufactures several types of accessories.
For the year, the gloves and mittens line had sales of $495,000,
variable expenses of $363,000, and fixed expenses of $148,000.
Therefore, the gloves and mittens line had a net loss of $16,000.
If Cullumber eliminates the line, $39,000 of fixed costs will
remain. Prepare an analysis showing whether the company should
eliminate the gloves and mittens line. (Enter negative
amounts using either a negative sign preceding the number e.g. -45
or parentheses...
Maplewood Company must decide whether to make or buy some of its components. The costs of...
Maplewood Company must decide whether to make or buy some of
its components. The costs of producing 59,900 switches for its
generators are as follows.
Direct materials
$31,148
Variable overhead
$53,311
Direct labour
41,331
Fixed overhead
59,301
Instead of making the switches at an average cost of $3.09
($185,091 รท 59,900), the company has an opportunity to buy the
switches at $2.89 per unit. If the company purchases the switches,
all the variable costs and one-third of the fixed costs...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,500 from sales $200,000, variable costs $176,000, and fixed costs $29,500. If the Big Bart line is eliminated, $20,100 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Grouper, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $5,700 from sales $201,000, variable costs $176,000, and fixed costs $30,700. If the Big Bart line is eliminated, $20,000 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bart line has a net loss of $10,000 from sales $200,000, variable costs $180,000, and fixed costs $30,000. If the Big Bart line is eliminated, $20,000 of fixed costs will remain. Prepare an analysis showing whether the Big Bart line should be eliminated. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Continue Eliminate Net Income Increase (Decrease) Sales...
Send to the Question 3 View Pollides Current Attempt in Progress Lisah, Inc., manufactures golf clubs in three models. For the year, the Big Bartline has a net loss of $6.600 from sales $200.000 variable costs $176,000 and fuced costs $30.600. If the Big Bartline is eliminated, $20600 of fixed costs will remain. Prepare an analysis showing whether the Big Bartline should be eliminated. (Enter negative amounts using either a negative sin preceding the numberes-45 or parentheses 50 Continue Net...
Cullumber Corporation manufactures several types of accessories.
For the year, the gloves and mittens line had sales of $495,000,
variable expenses of $363,000, and fixed expenses of $148,000.
Therefore, the gloves and mittens line had a net loss of $16,000.
If Cullumber eliminates the line, $39,000 of fixed costs will
remain. Prepare an analysis showing whether the company should
eliminate the gloves and mittens line. (Enter negative
amounts using either a negative sign preceding the number e.g. -45
or parentheses...
Maplewood Company must decide whether to make or buy some of
its components. The costs of producing 59,900 switches for its
generators are as follows.
Direct materials
$31,148
Variable overhead
$53,311
Direct labour
41,331
Fixed overhead
59,301
Instead of making the switches at an average cost of $3.09
($185,091 รท 59,900), the company has an opportunity to buy the
switches at $2.89 per unit. If the company purchases the switches,
all the variable costs and one-third of the fixed costs...
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