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  • The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a...

    The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total Dirt Bikes Mountain Bikes Racing Bikes Sales $ 925,000 $ 267,000 $ 400,000 $ 258,000 Variable manufacturing and selling expenses 468,000 118,000 200,000 150,000 Contribution margin 457,000 149,000 200,000 108,000 Fixed...

  • The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a...

    The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Dirt Bikes $ 267,000 120,000 Total $ 923,000 464,000 Mountain Bikes $ 405,000 194,000 Racing Bikes $ 251,000 150,000 Sales Variable manufacturing and selling expenses Contribution margin 459,000 147,000 211,000 101,000 Fixed...

  • The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a...

    The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow Racing Bikes Dirt Mountain Total $923,000 $ 267,000 464,000 Bikes Bikes $ 405,000 $ 251,000 194,000 Sales Variable manufacturing and selling expenses 120,000 150,000 Contribution margin 147,000 101,000 211,000 459,000 Fixed expenses:...

  • The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a...

    The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total Dirt Bikes Mountain Bikes Racing Bikes Sales $ 933,000 $ 264,000 $ 410,000 $ 259,000 Variable manufacturing and selling expenses 473,000 118,000 198,000 157,000 Contribution margin 460,000 146,000 212,000 102,000 Fixed...

  • The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a...

    The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total Dirt Bikes Mountain Bikes Racing Bikes Sales $ 922,000 $ 266,000 $ 404,000 $ 252,000 Variable manufacturing and selling expenses 477,000 118,000 200,000 159,000 Contribution margin 445,000 148,000 204,000 93,000 Fixed...

  • Should the production and sale of racing bikes be discontinued? The Regal Cycle Company manufactures three...

    Should the production and sale of racing bikes be discontinued? The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Dirt Mountain Racing Total Bikes Bikes Bikes $ 934,000 $265,000 $ 410,000 $ 259,000 462,000 116,000 193,000 153,000 472,000 149,000 217,000 106,000...

  • The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a...

    The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow. Dirt Mountain Racing Total Bikes Bikes Bikes $ 925,000 $264,000 $ 404,000 $257,000 472,000 113,000 208,000 151,000 453,000 151,000 196,000 106,000 Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses Advertising....

  • The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a...

    The Regal Cycle Company manufactures three types of bicycles-a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Dirt Mountain Racing Total Bikes Bikes Bikes $ 932,000 $269,000 $ 409,000 $ 254,000 475,000 115,000 203,000 157,000 457,000 154,000 206,000 97,000 Sales Variable manufacturing and selling expenses Contribution margin Fixed expenses:...

  • Exercise 12-2 Dropping or Retaining a Segment [LO12-2] The Regal Cycle Company manufactures three types of...

    Exercise 12-2 Dropping or Retaining a Segment [LO12-2] The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total Dirt Bikes Mountain Bikes Racing Bikes Sales $ 300,000 $ 90,000 $ 150,000 $ 60,000 Variable manufacturing and selling expenses 120,000 27,000 60,000...

  • Exercise 13-2 (Static) Dropping or Retaining a Segment [LO13-2]

    Exercise 13-2 (Static) Dropping or Retaining a Segment [LO13-2]The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: TotalDirtBikesMountain BikesRacingBikesSales$300,000$90,000$150,000$60,000Variable manufacturing and selling expenses120,00027,00060,00033,000Contribution margin180,00063,00090,00027,000Fixed expenses:Advertising, traceable30,00010,00014,0006,000Depreciation of special equipment23,0006,0009,0008,000Salaries of product-line managers35,00012,00013,00010,000Allocated common fixed expenses*60,00018,00030,00012,000Total fixed expenses148,00046,00066,00036,000Net operating income (loss)$32,000$17,000$24,000$(9,000)*Allocated on the...

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