Homework Answers
Solution
| Revenues | $ 265,000.00 |
| Avoidable expenses | $ 205,400.00 |
| Revenue are greater then (less than) avoidable expenses by | $ 59,600.00 |
Working
| Avoidable cost | |
| Variable cost | $ 146,000.00 |
| Direct fixed cost | $ 39,000.00 |
| Indirect fixed cost (51000 x 40%) | $ 20,400.00 |
| Total avoidable expenses | $ 205,400.00 |
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A division of a large company reports the information shown below for a recent year. Variable costs and direct fixed...
A division of a large company reports the information shown below for a recent year. Variable...
A division of a large company reports the information shown below for a recent year. Variable costs and direct fixed costs are avoidable, and 50% of the indirect fixed costs are avoidable. Based on this information, should the division be eliminated? Sales $ 260,000 Variable costs 146,000 Fixed costs Direct 31,000 Indirect 59,000 Operating loss $ (24,000 ) 1-a. Compare the amounts of total revenues and total avoidable expenses.
Check my work A division of a large company reports the information shown below for a...
Check my work A division of a large company reports the information shown below for a recent year. Variable costs and direct fixed costs are avoidable, and 50% of the indirect fixed costs are avoidable. Based on this information, should the division be eliminated? 1.42 points $ 260,000 161,000 Sales Variable costs Yixed costs Direct Indirect Operating loss eBook 38,000 51.000 $ (10,000) Hint Ask Print 1-a. Compare the amounts of total revenues and total avoidable expenses. References Revenues Avoidable...
QS 10-14 Segment elimination LO A1 A division of a large company reports the information shown below for a recent y...
QS 10-14 Segment elimination LO A1 A division of a large company reports the information shown below for a recent year. Variable costs and direct fixed costs are avoidable, and 40 % of the indirect fixed costs are avoidable. Based on this information, should the division be eliminated? Sales 270,000 149,000 Variable costs Fixed costs Direct 32,000 56,000 $ (33,000) Indirect Operating loss 1-a. Compare the amounts of total revenues and total avoidable expenses Revenues Avoidable expenses Revenues are greater...
QS 25-26 Segment elimination LO A1 A division of a large company reports the information shown...
QS 25-26 Segment elimination LO A1 A division of a large company reports the information shown below for a recent year. Variable costs and direct fixed costs are avoidable, and 40% of the indirect fixed costs are avoidable. The following information are: Sales $ 200,000 Variable costs 145,000 Fixed costs Direct 30,000 Indirect 50,000 Operating loss $ (25,000 ) 1-a. Compute the total amount of avoidable expenses. 1-b. Based on this information, should the division be eliminated? Yes No
A guitar manufacturer is considering eliminating its electric guitar division because its $102,590 expenses are higher...
A guitar manufacturer is considering eliminating its electric guitar division because its $102,590 expenses are higher than its $95,690 sales. The company reports the following expenses for this division. Unavoidable Expenses Cost of goods sold Direct expenses Indirect expenses Service department costs Avoidable Expenses $74,000 11,850 560 9,000 $2,450 1,800 2,930 Should the division be eliminated? (Any loss amount should be indicated with minus sign.) Kept Eliminated Electric Guitar Division is: Sales Expenses: Direct expenses Indirect expenses Service department costs...
A guitar manufacturer is considering eliminating its electric guitar division because its $99,760 expenses are higher t...
A guitar manufacturer is considering eliminating its electric guitar division because its $99,760 expenses are higher than its $93,900 sales. The company reports the following expenses for this division. Unavoidable Expenses Cost of goods sold Direct expenses Indirect expenses Service department costs Avoidable Expenses $ 70,000 11,150 530 12,000 $ 2,750 1,750 1,580 Should the division be eliminated? Kept Eliminated 70,000 Electric Guitar Division is: Sales Expenses: Cost of goods sold Direct expenses Indirect expenses Service department costs Total expenses...
A guitar manufacturer is considering eliminating its electric guitar division because its $86,450 expenses are higher...
A guitar manufacturer is considering eliminating its electric guitar division because its $86,450 expenses are higher than its $80,890 sales. The company reports the following expenses for this division. Unavoidable Expenses Avoidable Expenses $ 60,500 9,850 Cost of goods sold Direct expenses Indirect expenses Service department costs 770 $ 2,650 1,800 1,480 9,400 Should the division be eliminated? (Any loss amount should be indicated with minus sign.) Electric Guitar Division is: Kept Eliminated Sales Expenses: Total expenses Net income (loss)...
A guitar manufacturer is considering eliminating its electric guitar division because its $88,340 expenses are higher t...
A guitar manufacturer is considering eliminating its electric guitar division because its $88,340 expenses are higher than its $81,320 sales. The company reports the following expenses for this division. Unavoidable Avoidable Expenses $ 59,500 9,350 Expenses Cost of goods sold Direct expenses Indirect expenses $2,750 2,000 2,480 860 Service department costs 11,400 Should the division be eliminated? Electric Guitar Division is: Кept Eliminated Sales Expenses: Total expenses Net income (loss) woruoouqooI Revenues from electric guitar division Avoidable expenses Revenues are...
Net Income Increase (Decrease) Continue Eliminate $ $ $ Sales Variable costs Cost of goods sold Operating expenses Tota...
Net Income Increase (Decrease) Continue Eliminate $ $ $ Sales Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed $ $ $ Net income (loss) tA tA Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisions. Veronica made the following presentation to Dunn's board of directors and suggested the Percy Division be eliminated. "If the Percy Division is...
The Meredith Company reported the following information: Indirect Costs Direct Professional Variable Fixed Total |...
The Meredith Company reported the following information: Indirect Costs Direct Professional Variable Fixed Total | Labor-Hours (1) (2) (3) 50,000 $70,000 $120,000 3,400 Variable Indirect Cost Rate per Direct Professional Labor-Hour (5) S14.70 Fixed Indirect Cost Rate per Direct Professional Labor-Hour (6) $20.58 Total Allocation Rate per Direct Professional Labor-Hour High- output month Low- output month 10,000 70,000 $80,000 900 S11.11 $77.77 Required: Compute the Total Allocation Rate per Direct Professional Labor-Hour. $352.90; 888.88 $35,299.90; $88,888.88 $3,529.90; $8,888.88 $35.29; $88.88...
Check my work A division of a large company reports the information shown below for a recent year. Variable costs and direct fixed costs are avoidable, and 50% of the indirect fixed costs are avoidable. Based on this information, should the division be eliminated? 1.42 points $ 260,000 161,000 Sales Variable costs Yixed costs Direct Indirect Operating loss eBook 38,000 51.000 $ (10,000) Hint Ask Print 1-a. Compare the amounts of total revenues and total avoidable expenses. References Revenues Avoidable...
QS 10-14 Segment elimination LO A1 A division of a large company reports the information shown below for a recent year. Variable costs and direct fixed costs are avoidable, and 40 % of the indirect fixed costs are avoidable. Based on this information, should the division be eliminated? Sales 270,000 149,000 Variable costs Fixed costs Direct 32,000 56,000 $ (33,000) Indirect Operating loss 1-a. Compare the amounts of total revenues and total avoidable expenses Revenues Avoidable expenses Revenues are greater...
A guitar manufacturer is considering eliminating its electric guitar division because its $102,590 expenses are higher than its $95,690 sales. The company reports the following expenses for this division. Unavoidable Expenses Cost of goods sold Direct expenses Indirect expenses Service department costs Avoidable Expenses $74,000 11,850 560 9,000 $2,450 1,800 2,930 Should the division be eliminated? (Any loss amount should be indicated with minus sign.) Kept Eliminated Electric Guitar Division is: Sales Expenses: Direct expenses Indirect expenses Service department costs...
A guitar manufacturer is considering eliminating its electric guitar division because its $99,760 expenses are higher than its $93,900 sales. The company reports the following expenses for this division. Unavoidable Expenses Cost of goods sold Direct expenses Indirect expenses Service department costs Avoidable Expenses $ 70,000 11,150 530 12,000 $ 2,750 1,750 1,580 Should the division be eliminated? Kept Eliminated 70,000 Electric Guitar Division is: Sales Expenses: Cost of goods sold Direct expenses Indirect expenses Service department costs Total expenses...
A guitar manufacturer is considering eliminating its electric guitar division because its $86,450 expenses are higher than its $80,890 sales. The company reports the following expenses for this division. Unavoidable Expenses Avoidable Expenses $ 60,500 9,850 Cost of goods sold Direct expenses Indirect expenses Service department costs 770 $ 2,650 1,800 1,480 9,400 Should the division be eliminated? (Any loss amount should be indicated with minus sign.) Electric Guitar Division is: Kept Eliminated Sales Expenses: Total expenses Net income (loss)...
A guitar manufacturer is considering eliminating its electric guitar division because its $88,340 expenses are higher than its $81,320 sales. The company reports the following expenses for this division. Unavoidable Avoidable Expenses $ 59,500 9,350 Expenses Cost of goods sold Direct expenses Indirect expenses $2,750 2,000 2,480 860 Service department costs 11,400 Should the division be eliminated? Electric Guitar Division is: Кept Eliminated Sales Expenses: Total expenses Net income (loss) woruoouqooI Revenues from electric guitar division Avoidable expenses Revenues are...
Net Income Increase (Decrease) Continue Eliminate $ $ $ Sales Variable costs Cost of goods sold Operating expenses Total variable Contribution margin Fixed costs Cost of goods sold Operating expenses Total fixed $ $ $ Net income (loss) tA tA Veronica Mars, a recent graduate of Bell's accounting program, evaluated the operating performance of Dunn Company's six divisions. Veronica made the following presentation to Dunn's board of directors and suggested the Percy Division be eliminated. "If the Percy Division is...
The Meredith Company reported the following information: Indirect Costs Direct Professional Variable Fixed Total | Labor-Hours (1) (2) (3) 50,000 $70,000 $120,000 3,400 Variable Indirect Cost Rate per Direct Professional Labor-Hour (5) S14.70 Fixed Indirect Cost Rate per Direct Professional Labor-Hour (6) $20.58 Total Allocation Rate per Direct Professional Labor-Hour High- output month Low- output month 10,000 70,000 $80,000 900 S11.11 $77.77 Required: Compute the Total Allocation Rate per Direct Professional Labor-Hour. $352.90; 888.88 $35,299.90; $88,888.88 $3,529.90; $8,888.88 $35.29; $88.88...
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