Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
HiTek manufactures two products, Regular and Super. The results of last year's operations are below. Regular Super Total
Regular
Super
Total
Units
10,000
3 700
13,700
Sales
$240,000
$740,000
$980,000
Less: cost of goods sold
180,000
481,000
661,000
Gross margin
$ 60,000
$259,000
$319,000
Less: selling expenses
60,000
134,000
194,000
Operating income
0
$125,000
Fixed manufacturing costs included in cost of goods sold are $3 per unit for Regular and $20 per unit for Super. Variable selling expenses are $4 per unit for Regular and $20 per unit for Super. The remaining selling amounts are fixed.
HiTek believes it should drop the Regular product line. If HiTek drops Regular, company-wide fixed manufacturing costs would fall by 10% because there is no alternative use of the facilities. What would be the INCREASE or DECREASE in net operating income if Regular is discontinued? Fixed selling expenses of the Regular division represent allocated costs which would not be avoided if the division was dropped. Your answer must state both the DOLLAR AMOUNT of the CHANGE in income, and also whether it is an INCREASE or a DECREASE.
you have recently accepted a position with vitex inc. the manufacturer of a popular consumer product. during your first
How many ticket packages will George need to sell to break even?
jersey jewel mining has a beta coefficient of 1.2. currently therisk-free rate is 5 percent and the anticipated return
1 why is it important that we differentiate the sources of a companys capital structure between debt and equity
Closing entries P3 Refer to QS 5-6 and prepare journal entries to close the balances in temporary revenue and expense accounts.
jerry grant the new controller of blackburn company has reviewed the expected useful lives and salvage values of
using the performance measures given in the problem and those you computed in 1 above identify whether the trend over
vopat inc is a retail store operating ina state with a 5 retail sales tax. the state law provides that the retail sales
Cash received from a customer on account was debited for $780, and Accounts Receivable was credited for the same amount. The actual collection was for $870.
apachi company ended its fiscal year on july 31 2010. the companys adjusted trial balance as of the end of its fiscal
what are differences between dependent and independent samples? provide examples.what are implications for determining
The Vintage Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June 30, an inventory of the laundry supplies indicated only $2,000 on hand. The adjusting entry that should be made by the ..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd