(a) Compute the income increase or decrease from eliminating this segment.(b) Should the segment be eliminated?Answer is complete but not entirely correct.Complete this question by entering your answers in the tabs below.Required ARequired BSegment Elimination AnalysisContinueCompute the income increase or decrease from eliminating this segment.Income Increase(Decrease)EliminateSales$ 255,000Variable costsContribution marginFixed costs178,50076,5000107,000(30,500) ☑Income (loss)$ (30,500)$30,500 $30,500 x< Required ARequired B > Segment Income (Loss)SalesVariable costsContribution marginFixed costsIncome (loss)$ 255,000178,50076,500107,000(30,500)(a) Compute the income increase or decrease from eliminating this segment.(b) Should the segment be eliminated?

a) Computation of Income Increase or Decrease from Eliminating this SegmentSegment Elimination…

Answered: (a) Compute the income increase or…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 10E

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Similar questions

In the cost-volume- profit graph (above), what is represented by the point marked "A"? Question 1 options: Breakeven point Fixed expenses Operating income area Operating loss area
In the cost-volume- profit graph (above), what is represented by the point marked "D"? Question 3 options: Operating loss area Operating income area Breakeven point Fixed expenses
In the cost-volume- profit graph (above), what is represented by the point marked "B"? Question 2 options: Breakeven point Fixed expenses Operating income area Operating loss area
When using a segmented income statement, what is the best number to look at to determine the effect of the elimination of a segment on the net operating income of the company as a whole? O Multiple Choice the product line's sales dollars the product line's contribution margin the product line's segment margin the product line's segment margin minus an allocated portion of common fixed expenses
Which of the following does not represent a cost-volume-profit analysis equation? a. Sales - fixed expenses - variable expenses = 0 O b. Profit = contribution margin fixed expenses O c. Sales = total expenses + profit O d. Sales + fixed expenses + profit = contribution margin + sales Ое. Contribution margin - fixed expenses + profit = 0 O
Which of the following does not represent a cost-volume-profit analysis equation? O a. Contribution margin - fixed expenses-profit = 0 b. Profit = contribution margin + fixed expenses Sales + fixed expensas + profit = contribution margin + sales O d. Sales = total expenses + profit O e. Sales - fixed expenses - variable expenses = 0 %D CLEAR MY CHOICE AGE
Which of the following does not represent a cost -volume -profit analysis equation a. Sales = totale expenses + profit b. Sales + fixed expenses profit = contribi argin + sales c. Profit = contrib contribution margin - fixed expenses d. Contribution margin- fixed expenses - profit 0 e. Sales - fixed expenses - variable expenses ses = 0
?Which of the following does not represent a cost-volume-profit analysis equation Sales + fixed expenses + profit = contribution margin + sales .a O Contribution margin - fixed expenses - profit = 0.b O Sales - fixed expenses - variable expenses = 0 .c O Profit = contribution margin + fixed expenses d O Sales = total expenses + profit .e O
46. Revenue, cost, and profit. The price-demand equation and the cost function for the production of HDTVS are given, respectively, by x 9,000 - 30p and C(x) = 150,000 + 30x where x is the number of HDTVS that can be sold at a price of $p per TV and C(x) is the total cost (in dollars) of produc- ing x TVs.
Your answer is correct. Prepare an incamental analysis concerning thepossibie discontinuance of Division LEnter negot negative sign preceding the numbereg 45 or parentheses es (45)) susing either a Net Income Continue Eliminate hcrease Decease Woonquouco margin 5-ס2 -70754 Foed costs Cost of goods soic 54,000 27000 27000 Selling and adininistrativE 44,254 120E2 Total foed 98,154 Expenses 50E2 Income (css iom in -27,400 operations -21682 eTexbook and Media Attenpts 2 c5used (2) Frepare an incremental analysis concerning the possible discontinuance.of DrvSonL ntive sign preczding the number e 45 ar parentheseseg (45) Net Income Continue Eliminate hcease (Decesa in Contributionmargin Fored costs Cast of goods soic Selling and 25,830 12.915 12.915 adiministrative Total fued expenses Income (loss) firom aperations Assistance Used eTextbook and Media 10:56 AM
Find the missing quantities. If there is no absolute loss, write "none." Breakeven Point Reduced Price ? Cost $116 Operating Expense $58 O A. Breakeven point = $174 Reduced price = $163 Absolute loss = none C. Breakeven point = $58 Reduced price = $47 Absolute loss=none Operating Loss $11 Absolute Loss ? B. Breakeven point = $174 Reduced price = $163 Absolute loss = $69 O D. Breakeven point = $58 Reduced price = $47 Absolute loss = $47
Which costing method, absorption or variable, would show higher operating income and by what amount? A.Absorption costing, P2,500 B.Variable costing, P2,500 C.Absorption costing, P5,500 D.Variable costing, P5,500

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