[The following information applies to the questions displayed below.] Suresh Co. expects its five departments to yield the following income for next year. Dept. MDept. NDept. ODept. PDept. TTotalSales $41,500 $15,700 $37,500 $41,000 $15,200 $150,900 Expenses Avoidable 4,200 16,900 11,200 15,000 18,800 $66,100 Unavoidable 23,000 7,100 2,500 30,500 4,200 $67,300 Total expenses 27,200 24,000 13,700 45,500 23,000 133,400 Net income (loss) $14,300 $(8,300) $23,800 $(4,500) $(7,800) $17,500
Recompute and prepare the departmental income statements (including a combined total column) for the company under each of the following separate scenarios.(2)
Management eliminates departments with sales dollars that are less than avoidable expenses.
Fill out M N O T P
Sales
Expenses
Avoidable
Unavoidable
Total Expenses
Net Income (loses)
Departmental income statement
M | N | O | P | T | |
Sales | 41500 | 0 | 37500 | 41000 | 0 |
Expenses | |||||
Avoidable | -4200 | 0 | -11200 | -15000 | 0 |
Unavoidable | -23000 | -7100 | -2500 | -30500 | -23000 |
Total expense | -27200 | -7100 | -13700 | -45500 | -23000 |
Net income (losses) | 14300 | -7100 | 23800 | -4500 | -23000 |
[The following information applies to the questions displayed below.] Suresh Co. expects its five departments to...
Required information [The following information applies to the questions displayed below.] Suresh Co. expects its five departments to yield the following income for next year. Dept. MDept. NDept. ODept. PDept. TTotal Sales $41,500 $15,700 $37,500 $41,000 $15,200 $150,900 Expenses Avoidable 4,200 16,900 11,200 15,000 18,800 $66,100 Unavoidable 23,000 7,100 2,500 30,500 4,200 $67,300 Total expenses 27,200 24,000 13,700 45,500 23,000 133,400 Net income (loss) $14,300 $(8,300) $23,800 $(4,500) $(7,800) $17,500 Recompute and prepare the departmental income statements (including a combined...
Required information (The following information applies to the questions displayed below.] Suresh Co. expects its five departments to yield the following income for next year. Dept. M $74,000 Dept. N $40,000 Dept. o $67,000 Dept. P $50,000 Dept. T $ 35,000 Total $266,000 Sales Expenses Avoidable Unavoidable Total expenses Net income (loss) 13,300 54,600 67,900 $ 6,100 40,600 16,800 57,400 $(17,400) 23,000 4,900 27,900 $39,100 17,500 39,100 56,600 $(6,600) 44,100 14,700 58,800 $(23,800) 138,500 130,100 268,600 $ (2,600) Recompute and...
Required information (The following information applies to the questions displayed below.] Suresh Co. expects its five departments to yield the following income for next year. Dept. M $74,000 Dept. N $40,000 Dept. o $67,000 Dept. P $50,000 Dept. T $ 35,000 Total $266,000 Sales Expenses Avoidable Unavoidable Total expenses Net income (loss) 13,300 54,600 67,900 $ 6,100 40,600 16,800 57,400 $(17,400) 23,000 4,900 27,900 $39,100 17,500 39,100 56,600 $(6,600) 44,100 14,700 58,800 $(23,800) 138,500 130,100 268,600 $ (2,600) Recompute and...
[The following information applies to the questions displayed below.] Suresh Co. expects its five departments to yield the following income for next year. Dept. M $67,000 Dept. N $ 37,000 Dept. o $60,000 Dept. P $ 46,000 Dept. T $ 32,000 Total $242,000 Sales Expenses Avoidable Unavoidable Total expenses Net income (loss) 11,800 53,400 65,200 $ 1,800 38,800 15,000 53,800 $(16,800) 23,600 4,600 28, 200 $31,800 16,000 31,800 47,800 $(1,800) 41,400 12,600 54,000 $ (22,000) $ 131,600 $117,400 249,000 $...
Required information The following information applies to the questions displayed below) Suresh Co. expects its five departments to yield the following income for next year. Dept. M $68,000 Dept. N $ 38,000 Dept. O $65,000 Dept. P $47,000 Dept. T $ 33,000 Total $ 251,000 Sales Expenses Avoidable Unavoidable Total expenses Net income (loss) 23,900 4.760 12.300 53,800 66,100 $ 1.900 39.400 15,600 55.000 $(17.000) 16,500 36,000 52.900 $(5,900) 42,300 13,300 55,600 $(22,600) 134,400 123,800 258,200 $ (2 200) Recompute...
Required information [The following information applies to the questions displayed below.] Suresh Co. expects its five departments to yield the following income for next year. Dept. M $63,000 Dept. N $ 35,000 Dept. o $56,000 Dept. P $42,000 Dept. T $ 28,000 Total $224,000 Sales Expenses Avoidable Unavoidable Total expenses Net income (loss) 9,800 51,800 61,600 $ 1,400 36,400 12,600 49,000 $(14,000) 22,400 4,200 26,600 $29,400 14,000 29,400 43,400 $(1,400) 37,800 9,800 47,600 $(19,600) $120,400 $ 107,800 228,200 $ (4,200)...
Required information The following information applies to the questions displayed below) Suresh Co. expects its five departments to yield the following income for next year. Dept. M $68,000 Dept. N $ 38,000 Dept. O $65,000 Dept. P $47,000 Dept. 1 33,000 Total $ 251,000 Sales Expenses Avoidable Unavoidable Total expenses Net income (loss) 12,300 53,800 66,100 $ 1,900 39,400 15,600 55,00 $(17,00) 23,900 4,700 28,600 $36.4A 16,500 36,400 52,900 $(5,900) 42,300 13,300 55,600 $(22,600) 134,400 123,800 258, 200 $ (7,200)...
Required Information (The following information applies to the questions displayed below) Suresh Co. expects its five departments to yield the following income for next year. Dept. M Dept. N Dept. o Dept. Dept. 1 Sales $87,000 $ 47,000 $83,000 $ 69,000 $ 46,000 Expenses Avoidable 18.800 18,500 23,000 54,000 Unavoidable 59,000 21,400 6.000 58,500 22,400 Total expenses 72,00 70,00 24,500 81,5 76,400 Net Income (less) $ 9.200 $(23,600) $58,500 $(12,500) $(30,400) . Total $332,600 161.500 169,300 130,00 $ (1,200) int...
Suresh Co. expects its five departments to yield the following income for next year. Dept. M Dept. N Dept. 0 Dept. P Dept. T Total Sales Expenses $44,500 $16,000 $35,500 $41,500 $14,500 $152,000 4,700 20,000 18,500 68,800 4,100 64,700 Avoidable Unavoidable Total expenses 17,400 11,200 17,000 30,000 47,000 7,900 25,300 22,600 133,50e $19,800 (9,300) 21,600 (5,500) (8,100) 18,500 13,900 Net income (loss) Recompute and prepare the departmental income statements (including a combined total column) for the company under each of...
Suresh Co. expects its five departments to yield the following income for next year. Dept. M $82,000 Dept. N 44,000 Dept. T 43,000 Dept. 0 $78,000 Dept. P 65,000 Total Sales $312,000 Expenses Avoidable 18,000 5,700 17,300 57,800 45,400 21,600 21,500 54,300 51,300 153,500 159,700 313,200 (1,200) Unavoidable 20,300 Total expenses 67,000 $(23,000) 75,100 23,700 75,800 71,600 $ 6,900 Net income (loss) $54,300 $(10,800) (28,600) Recompute and prepare the departmental income statements (including a combined total column) for the company...