31) Beta has three products, A, B, and C. Thefollowing information is available:C$24,0009,000Product AProduct B$18,000$90,000Variable costs 36,000 48,000 15,000Contribution margin 24,000 42,000Sales $60,000Fixed costs:Avoidable6,000Unavoidable 7,000ProductOperating income$ (400)15,000 4,0009,000 5.400$ 11,000Beta is thinking of dropping Product C because itis reporting a loss. Assuming it drops Product Cand does NOT replace it, what will be the effect onoperating income? (please list dollar value and thedirection of the change in operating income)

The term "operating income" refers to the money that remains after all operational expenditures and…

Answered: 31) Beta has three products, A, B, and…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Cost Allocation To: uality ontrol 78,400✔ 21,600 100,000) 0 Fabricating 140,600 28,800 20,000 S 189,400 S $ $ $ SA Finishing 9,820 X 21,600 50,000 81,420
(e) Product Blue Product Red £ £Selling £12.00 £24.00Variable cost £ 4.00 £ 8.00Contribution margin £ 8.00 £16.00Fixed costs apportioned £200,000 £400,000Budgeted Sales Units 140,000 60,000Required:Calculate the breakeven points, for each product and the company as a wholeand comment on your findings
Fill in the blanks for each of the following independent cases. (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Costs Costs Case Revenues a. $ Data table Case 400 Case a. Case b. Case c. Case d. $ 2,900 $ $ $ Total Costs 1,000 $ 1,800 Variable Fixed Total Revenues Costs Costs Costs 600 $ 400 Operating Income 800 Print $ 200 1,400 $ 200 $ Margin Percentage Contribution $ 1,000 600 $ $ Done % Operating Income 1,400 1,300 Contribution Margin Percentage 50% X
1) Company "Y" has two service departments, DA and DB, and two production departments, Pl and P2. Services provided to: DA DB Departments Coats P1 P2 $60,000 50 20% 25 Required: Allocate reciprocated Costs of DA and DB to departments. A DA ($17,010; $39.691: $56.701) and DB ($13,402: 36,855.5: $16.752.5) B. DA ($16,082; $37.525; $53,606) DB ($15,216: 41,845: $19,020) C. DA ($16,500; $35,000; $50,000) DB ($10,000 $27,500 $12,500) D. None of them 35 55
u.om/mod/quiz/attempt.php?attempt3D18933338&cmid%3D891193&page%=D15 NG SYSTEM (ACADEMIC) cerial Accounting - Spring21 Time left 0:31:27 The contribution margin ratio is 70%. If total fixed costs are $23,000, then what is the total cost ($) of producing and selling 66,550 units? The selling price is $3 per unit. O a. 59,895 O b. None of the given answers O . 176,650 O d. 116,755 O e. 139,755 CLEAR MY CHOICE FINISH ATTEMPT ... AGE
Fill in the blanks for each of the following independent cases. E (Click the icon to view the cases.) (For entries with a $0 balance, make sure to enter "0" in the appropriate cell. Round the contribution margin percentage to the nearest whole percent.) Variable Fixed Total Operating Contribution Case Revenues Costs Costs Costs Income Margin Percentage $ 2,800 $ 500 $ 400 $ 900 $ 1,900 82 % a. b. $ 2,900 2$ 400 2$ 1,200 % - X Data Table Contribution Fixed Costs Margin Percentage Variable Total Operating Income Case Revenues Costs Costs Case a. $ 500 $ 900 $ 1,900 Case b. $ 2,900 $ 400 $ 1,200 Case c. 2$ 1,000 $ 600 $ 1,000 Case d. $ 1,800 $ 400 50% Print Done
K If x= 45, v = $110, and f= $2,400, then total costs equal OA. $2,510. OB. $7,350. OC. $110. OD. $4,950.
(e) Product Blue Product Red Selling $12.00 $24.00Variable cost $4.00 $8.00Contribution margin $8.00 $16.00Fixed costs apportioned $200,000 $400,00Budgeted Sales Units 140,000 60,000 Calculate the breakeven points, for each product and the company as a whole and comment on your findings f)Discuss the merits and demerits of the cost volume profit analysis (CVP)
If sales are $28,000, variable costs are $8,000, and fixed costs are $4,000, the contribution margin ratio is: (rounded to the nearest number) O a. 57% O b. 29% O c. 14% O d. None of the given answers O e. 71% US PAGE NEXT PAGE 14:16 e to search a a 40) ENG 15-04-2021 prt sc end Dg up delete home %24 96 & num + backspace 8 9. lock V. P 8 A T home 5 c enter D J K pause N M T shift 11 C end alt ctrl
ezto.mheducation.com/ext/map/index.html?_con%3Dcon&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghm Assume the following (1) contribution margin = $150,0000 (2) net operating income $15,000, and (3) sales increase by 14%. Given these three assumptions, net operating income will increase by: Multiple Choice 15 1%. 14%. 116. 140%. < Prev 15 of 50 Next 2 Search for anything
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