I need help! by tonight please! Sheridan Toys' management is...
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Accounting
I need help! by tonight please!
Sheridan Toys' management is considering eliminating product A, which has been showing a loss for several years. The company's annual income statement, is as follows: Sales Variable expenses Contribution margin Advertising expense Depreciation expense Corporate expenses Total fixed expenses Operating income $2,216,000 1,617,000 $599,000 $513,000 15,800 92.200 $621,000 $(22.000) B $1,408,000 600,100 $807.900 $426,000 10,000 83,100 $519.100 $288,800 $1,816,400 1,082,200 $734,200 $520,000 21.200 106,000 $647,200 $87,000 Total $5,440,400 3,299,300 $2,141,100 $1,459,000 47.000 281,300 $1,787,300 $353,800 Advertising expense - Specific to each product. Depreciation expense - Specific to each product: no other use available, no resale value number of emplovec All Restate the income statement in segment margin format. B $
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