Suresh Company reports the following segment (department) income results for the year. Total Department M Department...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Suresh Company reports the following segment (department) income results for the year. Total Department M Department N Department 0 $ 46,000 $ 84,000 Department P $ 72,000 Department T $ 47,000 $ 88,000 $ 337,000 Sales Expenses. Avoidable Unavoidable 19,300 47,800 18,800 59,400 24,000 71,800 23,500 59, 100 82,600 164, 300 171,700 6,100 24,900 54,900 23,100 78,000 78,700 336,000 Total expenses Income (loss) $ 9,300 $ (25,800) $ 59,100 $ (10,600) $ (31,000) $ (1,000) b. Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated. Total increase in income Suresh Company reports the following segment (department) income results for the year. Total Department M Department N Department 0 $ 46,000 $ 84,000 Department P $ 72,000 Department T $ 47,000 $ 88,000 $ 337,000 Sales Expenses. Avoidable Unavoidable 19,300 47,800 18,800 59,400 24,000 71,800 23,500 59, 100 82,600 164, 300 171,700 6,100 24,900 54,900 23,100 78,000 78,700 336,000 Total expenses Income (loss) $ 9,300 $ (25,800) $ 59,100 $ (10,600) $ (31,000) $ (1,000) b. Compute the total increase in income if the departments with sales less than avoidable costs, as identified in part a, are eliminated. Total increase in income
Expert Answer:
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
Students also viewed these accounting questions
-
The Electronics Division of Apex Company reports the following results for 2014: Revenues $580,000 Operating expenses $520,000 Operating income $ 60,000 Operating assets $700,000 Apex Company has set...
-
The Thiel Company reports the following deferred tax items at the end of 2007: Required Show how the preceding deferred tax items are reported on the Thiel Companys December 31, 2007 balancesheet....
-
Company reports the following financial information before adjustments. Instructions Prepare the journal entry to record Bad Debt Expense assuming Rodriguez Company estimates bad debts at (a) 3% of...
-
Your input file contains sentences. A sentence contains words seperated with one space or more spaces. And a sentence ends with a "." Symbol. Write appropriate lex code to create desired outputs....
-
You have been hired to perform the audit of Hanmei, Inc.s financial statements. When planning such an audit, you often may need to access the professions auditing standards to perform research. For...
-
In Exercises find the magnitude of v. v = 4i + 3j + 7k
-
What are the four different types of AI machines or applications? How do they differ?
-
Hart Lumber is considering the purchase of a paper company. Purchasing the company would require an initial investment of $300 million. Hart estimates that the paper company would provide net cash...
-
Q37: Alberta Employee is paid $1500 bi-weekly, has a non-cash taxable benefit of $30, Pays union dues $40.00, contributes 3% of salary to RRSP, has Taxable allowance of $200 this pay. Calculate:...
-
Bintumani Mountain Apparatus Inc. produces tents at variable costs of $56 per tent. The fixed costs for the production are $99,850. The company sells tents to outdoor stores for $149 per tent. a) How...
-
Knights" must appear before the court of Queen Bella. However, to be granted an audience, you face a gauntlet of challenges. Your trustworthy guide Lady Sabah (each of whose statements is True) will...
-
The two ropes seen in are used to lower a 255 kg piano exactly 9 m from a second-story window to the ground. 1830 N 60 7 2500 N 13 7 1295 N 45
-
4. Evaluate the speed and period for an orbital altitude of 500 km (G= 6.67 10- newton- metre-kilogram 2. RE = 6.371 x 106 m, ME = 6.0456104 kg)
-
Chapter 8: (Algo) Applying Excel: Exercise (Part 2 of 2) Requirement 2: The company has just hired a new marketing manager who insists that unit sales can be dramatically increased by dropping the...
-
01.As shown below, an object is moving uniformly from location A to location "B' as specified by their co-ordinates. 1011 ay 3 A(2,4) at time(t)- 5 Secs 6 2 3 4 5 6 7 (a) Determine the distance...
-
13.175 The angle 0 = 4t + t rad, where t is time in seconds. Determine the angular velocity w of the line L relative to the line Lo at time t = 2 s, in rad/s and in revolutions per minute (rpm).
-
Determine the direction of the resultant force FR (in degrees) measured counterclockwise from the positive x-axis. Consider 0 = 40 degrees and F2 = 400 N. Hint: Find the resultant force in Cartesian...
-
In Problems 1522, find the principal needed now to get each amount; that is, find the present value. To get $750 after 2 years at 2.5% compounded quarterly.
-
The following 2007 information is available for the Stewart Company: Partial additional information: 1. The equipment that was sold for cash had cost $400 and had a book value of $300. 2. Land that...
-
Indicate how a company computes the amount of interest and income taxes that it paid during the year.
-
The Rice Company signed a contract to build a dam over a period of three years for a price of $10,000,000. Information relating to the performance of the contract is summarized as follows: Required...
-
What kinds of qualifications might a statute place on someone who is in a dating relationship? What problems might these qualifications pose?
-
What kinds of relationships would qualify for a protective order in an inclusive state?
-
In brief, what is a civil order of protection?
Study smarter with the SolutionInn App