Harmark has three product lines in its retail stores: kites, wind socks, and flags. Results of the fourth quarter are presented below: Units sold Revenue Variable departmental costs Direct fixed costs Allocated fixed costs Net income (loss) Kites 1,000 $22,000 15,000 1,000 8,000 S (2.000) Wind Socks 2,000 $40,000 22,000 3,000 8.000 $ 7.000 Flags 2,000 $23,000 12,000 2,000 8,000 $ 1,000 Total 5,000 $85,000 49,000 6,000 28.000 $ 6.000

Harmark has three product lines in its retail stores: kites, wind socks, and flags. Results of the fourth quarter are presented below: Units sold Revenue Variable departmental costs Direct fixed costs Allocated fixed costs Net income (loss) Kites 1,000 $22,000 15,000 1,000 8,000 S (2.000) Wind Socks 2,000 $40,000 22,000 3,000 8.000 $ 7.000 Flags 2,000 $23,000 12,000 2,000 8,000 $ 1,000 Total 5,000 $85,000 49,000 6,000 28.000 $ 6.000

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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