User Account

All Pages

Complete the table to compare the effects of dropping the

Assignment Help Accounting Basics
Reference no: EM13574263

Complete the table to compare the effects of dropping the ski line of products. Enter all amounts as positive numbers except for a net loss. If an amount is zero, enter "0". The cost data for the each department is shown below.


 Snowboards Skateboards Skis
Sales $175,000 $180,000 $160,000
Less: variable expenses 70,000 36,000 56,000

Contribution margin $105,000 $144,000 $104,000
Less: fixed expenses:



Salaries $61,250 $63,000 $64,000

Depreciation 14,000 27,000 32,000

Advertising 4,000 9,000 48,000
Net income (loss) $25,750 $45,000 $-40,000

Alternatives Differential Effect

Keep Drop Increase/Decrease
Sales $


$
Less: variable expenses





   Contribution margin $


$
Less: fixed expenses:





   Salaries $
$
$
   Depreciation





   Advertising





Net income (loss) $
$
$

Reference no: EM13574263

Questions Cloud

At the beginning of the period the assembly department : at the beginning of the period the assembly department budgeted direct labor of 166500 and property tax of 12000 for
Beauty corp has an investment portfolio in which they keep : beauty corp has an investment portfolio in which they keep investments in equity securities and debt instruments. they
The selling and administrative expense budget of hiser : the selling and administrative expense budget of hiser corporation is based on the number of units sold which are
On december 31 2013 ramon corp has 500000 oustanding common : on december 31 2013 ramon corp has 500000 oustanding common shares and 62000 shares of 100 par value 6 cumulative
Complete the table to compare the effects of dropping the : complete the table to compare the effects of dropping the ski line of products. enter all amounts as positive numbers
A companys current net operating income is 18000 and its : a companys current net operating income is 18000 and its average operating assets are 133000. the companys required
When a fast-breeder reactor is shut down quickly the : when a fast-breeder reactor is shut down quickly the temperature of the surface of a number of components drops from
Duration you have a 9 percent bond with 4 years to : duration. you have a 9 percent bond with 4 years to maturity paid interest annually. its ytm is 10 percent and its
Using the above information and assuming that steady-state : shady sunglasses operates retail sunglass kiosks in shopping malls. below is information related to the company dollar

Reviews

Write a Review

Accounting Basics Questions & Answers

  Problem associated to minimum pretax return

The company requires a minimum pretax return of 15% on all investment projects. The net present value of the proposed project is closest to:

  Adani inc sells goods to geo company for 11000 on january 2

adani inc. sells goods to geo company for 11000 on january 2 2012 with payment due in 12 months. the fair value of the

  The direct method of cost allocation

Assume Cara Mia Hospital uses the direct method of cost allocation for its service departments. What is the total amount of service cost that would be allocated to the Emergency Room? Show and clearly label your calculations and final answer ..

  Journalize swain enterprises entries to record

Journalize Swain Enterprises entries to record - Entries for discounting notes payable

  Statement of cash flows problem

If a gain of $18,000 is incurred in selling (for cash) office equipment having a book value of $120,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is:

  Accepting a project with a npv makes the firm worse off

accepting a project with a npv makes the firm worse off financially because the cost of the investment exceeds the

  Journalize the transactions and posting

Journalize the Transactions and Posting  them into ledger and Preparation of Trial Balance.

  Medical expense deduction in the current year

How much qualifies for the medical expense deduction in the current year.

  Recognize the redemption of the bonds

The bond issue costs relating to this transaction were $90,000. Harry amortizes discounts, premiums, and bond issue costs using the straight-line method. What amount of loss should Harry recognize on the redemption of these bonds (ignore taxes)?

  Analyzing the comparative financial statements

I need 3-4 paragraphs that analyzes the comparative financial statements, trend analysis, ratio analysis and percentage analysis of a company in the food industry.

  Prepare an income statement and compute earnings per share

A. Low Carb Diet Supplement, Inc. has two divisions. Division A has a profit of $100,000 on sales of $2,000,000. Division B is only able to make $25,000 on sales of $300,000. Based on the profit margins (returns on sales), which division is superior?

  If annual overhead costs are expected to be 800000 and

if annual overhead costs are expected to be 800000 and direct labor costs are expected to be 1000000 then if the

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd