Homework Answers
The company's profit will be $ 23,113
Working
| Product A | Product B | Total | |
| Sales revenue | $ 87,260.00 | $ 87,260.00 | |
| Variable costs | $ 51,483.00 | $ 51,483.00 | |
| Contribution margin | $ - | $ 35,777.00 | $ 35,777.00 |
| Less: Fixed cost | |||
| Avoidable | $ 22,310.00 | $ 22,310.00 | |
| Unavoidable | $ 29,990.00 | $ 6,590.00 | $ 36,580.00 |
| Operating profit (Loss) | $ (29,990.00) | $ 6,877.00 | $ (23,113.00) |
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The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total $180,770 106,654 $74,116 Product A $93,510 55,171 $38,339 Product B $87,260 51,483 $35,777 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable 64,440 36,580 $-26,904 42,130 29,990 $-33,781 29.990 22,310 6,590 $6,877 Profit Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two
products - A and B:
Total
Product A
Product B
Sales
$174,760
$85,650
$89,110
Variable Costs
96,836
51,390
45,446
Contribution margin
$77,924
$34,260
$43,664
Fixed costs:
Avoidable
71,970
24,600
47,370
Unavoidable
31,500
5,270
26,230
Profit
$-25,546
$4,390
$-29,936
Because Product B is showing a loss, X Company is considering
dropping it and saving its avoidable fixed costs. If it drops
Product B, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Product Product Total A B Sales $185,980 $91,190 $94,790 Variable 110,676 53,802_56,874 Costs Contribution $75,304 $37,388 $37,916 margin Fixed costs: Avoidable 51,720 22,570 29,150 Unavoidable 34,150 2,960 26,190 Profit $-10,566 $6,858 $-17,424 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be (Submit...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total Sales $182,620 104,075 $78,545 Product A $91,610 49,469 $42,141 Product B $91,010 54,606 $36,404 Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 60,610 35,090 $-17,155 35,880 28,090 $-21,829 24,730 7,000 $4,674 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total $179,170 103,818 $75,352 Product A $87,070 52.242 $34,828 Product B $92,100 51,576 $40,524 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 68,530 32.590 $-25,768 22,710 6.730 $5,388 45,820 25,860 $-31,156 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: A Product Product Total B Sales $172,820 $87,580 $85,240 Variable 95,950 49,921_46,030 Costs Contribution $76,870 $37,659 $39,210 margin Fixed costs: Avoidable 58,570 24,910 33,660 Unavoidable 35,100 5,500 29,600 Profit $-16,800 $7,249 $-24,050 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be H...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total Sales Variable Costs Contribution margin Fixed costs: Avoidable $182,590 103,152 $79,438 Product A $91,530 49,426 $42,104 Product B $91,060 53,725 $37,335 Unavoidable 67,380 34,920 $-22,862 43,490 29,540 $-30,926 23,890 5,380 $8,065 Profit Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total $182,590 103,152 $79,438 Product A $91,530 49,426 $42,104 Product B $91,060 53,725 $37,335 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable 67,380 34,920 $-22,862 43,490 29,540 $-30,926 23,890 5,380 $8,065 Profit Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and B: Sales Total $183,320 104,454 $78,8...
The following income statement is for X Company and its only two products - A and B: Sales Total $183,320 104,454 $78,866 Product A $89,750 52,055 $37,695 Product B $93,570 52,399 $41,171 Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 63,680 36,120 $-20,934 24,790 7,490 $5,415 38,890 28,630 $-26,349 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and...
The following income statement is for X Company and its only two products - A and B: Total Product A Product B Sales $180,560 $87,730 $92,830 Variable Costs 98,584 44,742 53,841 Contribution margin $81,976 $42,988 $38,989 Fixed costs: Avoidable 63,950 41,480 22,470 Unavoidable 35,550 29,920 5,630 Profit $-17,524 $-28,412 $10,889 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be
The following income statement is for X Company and its only two products - A and B: Total $180,770 106,654 $74,116 Product A $93,510 55,171 $38,339 Product B $87,260 51,483 $35,777 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable 64,440 36,580 $-26,904 42,130 29,990 $-33,781 29.990 22,310 6,590 $6,877 Profit Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will...
The following income statement is for X Company and its only two
products - A and B:
Total
Product A
Product B
Sales
$174,760
$85,650
$89,110
Variable Costs
96,836
51,390
45,446
Contribution margin
$77,924
$34,260
$43,664
Fixed costs:
Avoidable
71,970
24,600
47,370
Unavoidable
31,500
5,270
26,230
Profit
$-25,546
$4,390
$-29,936
Because Product B is showing a loss, X Company is considering
dropping it and saving its avoidable fixed costs. If it drops
Product B, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and B: Product Product Total A B Sales $185,980 $91,190 $94,790 Variable 110,676 53,802_56,874 Costs Contribution $75,304 $37,388 $37,916 margin Fixed costs: Avoidable 51,720 22,570 29,150 Unavoidable 34,150 2,960 26,190 Profit $-10,566 $6,858 $-17,424 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be (Submit...
The following income statement is for X Company and its only two products - A and B: Total Sales $182,620 104,075 $78,545 Product A $91,610 49,469 $42,141 Product B $91,010 54,606 $36,404 Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 60,610 35,090 $-17,155 35,880 28,090 $-21,829 24,730 7,000 $4,674 Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and B: Total $179,170 103,818 $75,352 Product A $87,070 52.242 $34,828 Product B $92,100 51,576 $40,524 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 68,530 32.590 $-25,768 22,710 6.730 $5,388 45,820 25,860 $-31,156 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and B: A Product Product Total B Sales $172,820 $87,580 $85,240 Variable 95,950 49,921_46,030 Costs Contribution $76,870 $37,659 $39,210 margin Fixed costs: Avoidable 58,570 24,910 33,660 Unavoidable 35,100 5,500 29,600 Profit $-16,800 $7,249 $-24,050 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be H...
The following income statement is for X Company and its only two products - A and B: Total Sales Variable Costs Contribution margin Fixed costs: Avoidable $182,590 103,152 $79,438 Product A $91,530 49,426 $42,104 Product B $91,060 53,725 $37,335 Unavoidable 67,380 34,920 $-22,862 43,490 29,540 $-30,926 23,890 5,380 $8,065 Profit Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and B: Total $182,590 103,152 $79,438 Product A $91,530 49,426 $42,104 Product B $91,060 53,725 $37,335 Sales Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable 67,380 34,920 $-22,862 43,490 29,540 $-30,926 23,890 5,380 $8,065 Profit Because Product A is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product A, X Company's new profits will be...
The following income statement is for X Company and its only two products - A and B: Sales Total $183,320 104,454 $78,866 Product A $89,750 52,055 $37,695 Product B $93,570 52,399 $41,171 Variable Costs Contribution margin Fixed costs: Avoidable Unavoidable Profit 63,680 36,120 $-20,934 24,790 7,490 $5,415 38,890 28,630 $-26,349 Because Product B is showing a loss, X Company is considering dropping it and saving its avoidable fixed costs. If it drops Product B, X Company's new profits will be...
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