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17. Abel Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A con...
Question 20 4 pts Abel Company produces three versions of baseball bats: wood, aluminum, and hard...
Question 20 4 pts Abel Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Total $763,000 Wood $500,000 Aluminum Hard Rubber $63,000 $200,000 Sales Variable expenses Contribution margin Fixed expenses Net income (loss) 140,000 325,000 58,000 523,000 175,000 75,000 $100,000 60,000 35,000 $25,000 5,000 20,000 $(15,000) 240,000 130,000 $110,000 Assume none of the fixed expenses for the hard rubber line are avoidable. What will be total net...
Louisville Knock-Offs produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented...
Louisville Knock-Offs produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Aluminum $200,000 140,000 60,000 35.000 25.000 Hard RubberNTotal $65,000 58.000 7,000 22.000 SS000) Wood $500,000 325.000 175,000 75,000 $100.000 $765,000 523.000 242,000 132.000 $110.000 Sales Variable expenses Contribution margin Fixed expenses Net income (loss) Assume ALL of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is...
Sunland Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented...
Sunland Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Wood Aluminum Hard Rubber Total Sales $470000 $170000 $65000 $705000 Variable expenses 310000 110000 58000 478000 Contribution margin 160000 60000 7000 227000 Fixed expenses 75000 35000 22000 132000 Net income (loss) $85000 $ 25000 $(15000) $95000 Assume none of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the...
Cain Company and Abel Corporation have the following income statements for the current year: Cain Company...
Cain Company and Abel Corporation have the following income statements for the current year: Cain Company Abel Corporation Sales $50,000 $50,000 Variable expenses 10,000 25,000 Contribution margin $40,000 $25,000 Fixed expenses 25,000 10,000 Operating income $15,000 $15,000 What is the degree of operating leverage for Cain Company for the current year? a.2.667 b.1.667 c.0.375 d.1.250
Justin Industries produces three versions of tires: Supreme, Advanced, and Basic. A condensed segmented income statement...
Justin Industries produces
three versions of tires: Supreme, Advanced, and Basic. A condensed
segmented income statement for a recent period follows:Assume all
of the fixed expenses for the hard rubber line are avoidable. What
will be total net income if the line is dropped?A)
$250,000B)$206,000C)$210,000D) $280,00044. Which of the following
costs are variable?A) 1 and 2B)1 and 4C)only 1D) only 2Page
10SupremeAdvancedBasicTotalSales$1,000,000$400,000$130,000$1,530,000Variable
expenses 650,000 280,000 116,000 1,046,000Contribution
margin350,000120,00014,000484,000Fixed expenses 150,000 70,000
44,000 264,000Net income (loss)$200,000$
50,000$(30,000)$220,000
43. Justin Industries produces...
7. Crane Company is contemplating the replacement of an old machine with a new one. The following...
7. Crane Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $340000 $680000 Accumulated Depreciation 102000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $275000 $204000 If the old machine is replaced, it can be sold for $27200. The company uses straight-line depreciation with a zero salvage value for all of its assets. The net advantage (disadvantage) of replacing...
Foro Como company incurs $480,000 overhead cos erhead costs each year in its three main departments,...
Foro Como company incurs $480,000 overhead cos erhead costs each year in its three main departments, setup ($30,000)machining ($330,000). and packing ($120,000). The setup dep performs 40 setups per year, the machining department works 5,000 hours per the packing department packs 500 orders per year. Information about is as follows: ww orders per year. Information about Foxx's two products works 5,000 hours per year, and Number of setups Machining hours Orders packed Number of products manufactured Product A1 20 1,000...
Top managers of pennsylvania Flooring are alarmed by their operating losses. They are considering dropping the...
Top managers of pennsylvania Flooring are alarmed by their
operating losses. They are considering dropping the laminate
flooring product line. Company accountants have prepared the
following analysis to help make this decision:
Total fixed costs will not change if the company stops selling
laminate flooring
.
0 Requirements 1. Prepare an incremental analysis to show whether Pennsylvania Flooring should discontinue the laminate flooring product line. Will discontinuing laminate flooring add $33,000 to operating income? Explain. 2. Assume that the company...
The Mata Batting Company manufactures wood baseball bats. Mata's two primary products are a youth bat,...
The Mata Batting Company manufactures wood baseball bats. Mata's
two primary products are a youth bat, designed for children and
young teens, and an adult bat, designed for high school and
college-aged players. Mata sells the bats to sporting goods stores
and all sales are on account. The youth bat sells for $ 60; the
adult bat sells for $ 70. Mata's highest sales volume is in the
first three months of the year as retailers prepare for the spring...
aded Homework i Saved Help Save & Exit Submit Check my work Royal Lawncare Company produces...
aded Homework i Saved Help Save & Exit Submit Check my work Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 9.00 $ 32.00 $ 2.80 $ 12.00 $ 133,000 $ 47,000 Common fixed expenses in the company total $110,000 annually. Last year the company produced and sold 36,000 units of Weedban...
Question 20 4 pts Abel Company produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Total $763,000 Wood $500,000 Aluminum Hard Rubber $63,000 $200,000 Sales Variable expenses Contribution margin Fixed expenses Net income (loss) 140,000 325,000 58,000 523,000 175,000 75,000 $100,000 60,000 35,000 $25,000 5,000 20,000 $(15,000) 240,000 130,000 $110,000 Assume none of the fixed expenses for the hard rubber line are avoidable. What will be total net...
Louisville Knock-Offs produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: Aluminum $200,000 140,000 60,000 35.000 25.000 Hard RubberNTotal $65,000 58.000 7,000 22.000 SS000) Wood $500,000 325.000 175,000 75,000 $100.000 $765,000 523.000 242,000 132.000 $110.000 Sales Variable expenses Contribution margin Fixed expenses Net income (loss) Assume ALL of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is...
Justin Industries produces
three versions of tires: Supreme, Advanced, and Basic. A condensed
segmented income statement for a recent period follows:Assume all
of the fixed expenses for the hard rubber line are avoidable. What
will be total net income if the line is dropped?A)
$250,000B)$206,000C)$210,000D) $280,00044. Which of the following
costs are variable?A) 1 and 2B)1 and 4C)only 1D) only 2Page
10SupremeAdvancedBasicTotalSales$1,000,000$400,000$130,000$1,530,000Variable
expenses 650,000 280,000 116,000 1,046,000Contribution
margin350,000120,00014,000484,000Fixed expenses 150,000 70,000
44,000 264,000Net income (loss)$200,000$
50,000$(30,000)$220,000
43. Justin Industries produces...
Foro Como company incurs $480,000 overhead cos erhead costs each year in its three main departments, setup ($30,000)machining ($330,000). and packing ($120,000). The setup dep performs 40 setups per year, the machining department works 5,000 hours per the packing department packs 500 orders per year. Information about is as follows: ww orders per year. Information about Foxx's two products works 5,000 hours per year, and Number of setups Machining hours Orders packed Number of products manufactured Product A1 20 1,000...
Top managers of pennsylvania Flooring are alarmed by their
operating losses. They are considering dropping the laminate
flooring product line. Company accountants have prepared the
following analysis to help make this decision:
Total fixed costs will not change if the company stops selling
laminate flooring
.
0 Requirements 1. Prepare an incremental analysis to show whether Pennsylvania Flooring should discontinue the laminate flooring product line. Will discontinuing laminate flooring add $33,000 to operating income? Explain. 2. Assume that the company...
The Mata Batting Company manufactures wood baseball bats. Mata's
two primary products are a youth bat, designed for children and
young teens, and an adult bat, designed for high school and
college-aged players. Mata sells the bats to sporting goods stores
and all sales are on account. The youth bat sells for $ 60; the
adult bat sells for $ 70. Mata's highest sales volume is in the
first three months of the year as retailers prepare for the spring...
aded Homework i Saved Help Save & Exit Submit Check my work Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 9.00 $ 32.00 $ 2.80 $ 12.00 $ 133,000 $ 47,000 Common fixed expenses in the company total $110,000 annually. Last year the company produced and sold 36,000 units of Weedban...
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