Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 6 a segment of a company reports the following los

6 A segment of a company reports the following loss for the year. All $178,500...

60.1K

Verified Solution

Question

Accounting

image
6 A segment of a company reports the following loss for the year. All $178,500 of its variable costs are avoidable, and $98.000 o fixed costs are avoidable. Segment Income (Loss) Sales $ 255,000 Variable costs 178,500 Contribution margin 76,500 Fixed costs 105,000 Income (los) (28,500) 133 points (a) Compute the income increase or decrease from eliminating this segment (b) Should the segment be eliminated? Answer is not complete. Complete this question by entering your answers in the tabs below. Required a Required B Compute the income increase or decrease from eliminating this segment. Segment Elimination Analysis Continue Income Increase Eliminate (Decrease) Sales $ 255,000 Variable costs 178,500 Contribution margin 76,500 Fixed costs 105,000 73,500 Incomo (105) $ 28,500)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Data for Atwill Corporation is shown below. Now Atwill acquires some risky assets that cause its...

Finance
Q

Derive the flexural rigidity of a sandwich beam whose breadth is b, which has a core...

Mechanical Engineering
Q

Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared...

Accounting
Q

Match the types of structural mutations that alter chromosomes Drag the elements placed at the...

Biology
Q

Element X decays radioactively with a half life of 5 minutes If there are 890...

Basic Math
Q

8 4 x intercept 16 y intercept 0 12 8 4 4 8 12 16...

Basic Math
Q

2 Cards You draw a card at random from a standard deck of 52 cards...

Statistics
Q

As discussed through the course notes, a significant part of any...

Accounting
Q

Thus, weighted average cost of capital is the weighted average after tax costs of the...

Accounting
Q

Morrow Enterprises Inc. manufactures bathroom fixtures. Morrow Enterprises stockholders equity accounts, with balances on January...

Accounting
Q

On December 31, 2020, Dow Steel Corporation had 780,000 shares of common stock and 318,000...

Accounting
Q

Portia Grant is an employee who is paid monthly. For the month of January of...

Accounting