Question: Question 16 2 pts Boots Plus has two product lines: Hilding boots and Fashion boots. Income statement data for the most recent year to Sales
Question 16 2 pts Boots Plus has two product lines: Hilding boots and Fashion boots. Income statement data for the most recent year to Sales Revenue Less: Variable Expenses Hiking $380,000 $275.000 Fashion $140,000 $120.000 Total 5520,000 $395.000 Contribution Margin $105,000 $20,000 $125.000 Less: Elxed Expenses $40.000 $40.000 590.000 Operating Income (Loss) $65.000 $120,000) $45,000 If all fixed costs are unavoidable and will not be eliminated by discontinuing the Fashion line), how will operating income be affected it Boots Plus discontinues the Fashion Line? Decrease $20,000 Increase $20,000 Decrease $60,000 Increase $40,000 2 pts Question 17 Which of the following are NOT relevant when making a short-term special decision
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
