FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Discontinue a Segment Product Tango has revenue of $1,150,000, variable cost of goods sold of $850,000, variable selling expenses of $275,000, and fixed costs of $125,000, creating an operating loss of $(100,000). a. Prepare a differential analysis as of February 13 to determine if Product Tango should be continued (Alternative 1) or discontinued (Alternative 2), assuming fixed costs are unaffected by the decision. If an amount is zero, enter "0". If required, use a minus sign to indicate a loss. Differential Analysis Continue Product Tango (Alt. 1) or Discontinue Product Tango (Alt. 2) February 13 Revenues Costs: Variable cost of goods sold Variable selling and admin. expenses Fixed costs Profit (Loss) Continue Discontinue Product Product Tango Tango (Alternative 1) (Alternative 2) 0000 Differential Effects (Alternative 2)arrow_forwardPlease do not give solution in image format thankuarrow_forwardPlease do not give solution in image format thankuarrow_forward
- Discontinue a Segment Product Sigma has revenue of $436,000, variable cost of goods sold of $320,000, variable selling expenses of $53,000, and fixed costs of $71,000, creating a loss from operations of $8,000. Prepare a differential analysis as of December 10 to determine whether to Continue Product Sigma (Alternative 1) or Discontinue Product Sigma (Alternative 2), assuming that fixed costs are unaffected by the decision. If an amount is zero, enter "0". For those boxes in which you must enter subtracted or negative numbers use a minus sign. Differential Analysis Continue Product Sigma (Alt. 1) or Discontinue Product Sigma (Alt. 2) May 9 Continue Discontinue Differential Product Sigma Product Sigma (Alternative 1) (Alternative 2) (Alternative 2) Effects Revenue Costs: Variable cost of goods sold Variable selling expenses Fixed costs Profit (loss) Determine if Product Sigma should be continued (Alternative 1) or discontinued (Alternative 2).arrow_forwardCost-Based Pricingand Markups with Variable CostsCompu Services provides computerized inventory consulting. The office and computer expenses are $600,000 annually and are not assigned to specific jobs. The consulting hours available for the year total 20,000, and the average consulting hour has $30 of variable costs.(a) If the company desires a profit of $160,000, what should it charge per hour?$Answer(b) What is the markup on variable costs if the desired profit is $240,000?Answer %(c) If the desired profit is $60,000, what is the markup on variable costs to cover (1) unassigned costs and (2) desired profit?Markup to cover unassigned costs Answer %Markup to cover desired profits Answer %arrow_forwardPlease dont provide solution in an image based thankuarrow_forward
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