The condensed product-line income statement for Dish N' Dat Company for the month of March is as follows:
Dish N' Dat Company
Product-Line Income Statement
For the Month Ended March 31
Bowls Plates Cups
Sales $71,000 $105,700 $31,300
Cost of goods sold 32,600 42,300 16,800
Gross profit $38,400 $63,400 $14,500
Selling and administrative expenses 27,400 42,800 16,700
Income from operations $11,000 $20,600 $(2,200)
Fixed costs are 15% of the cost of goods sold and 40% of the selling and administrative expenses.
Dish N' Dat assumes that fixed costs would not be materially affected if the Cups line were discontinued.
Required:
a. Prepare a differential analysis dated March 31, 2014, to determine if Cups should be continued (Alternative 1) or discontinued (Alternative 2). If an amount is zero, enter zero 0.
Answers: 2
Business, 21.06.2019 22:20
If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false
Answers: 2
Business, 23.06.2019 01:50
The partnership of douglas, ryan, and ellen has dissolved and is in the process of liquidation. on july 1, 2016, just before the second cash distribution, the assets and equities of the partnership along with profit and loss sharing ratios were as follows: cash $30,000receivable - net $20,000inventories $25,000equipment - net $30,000total assets $80,000liabilities $12,000douglas, capital (20%) $28,000ryan, capital (50%) $24,000ellen, capital (30%) $16,000total liab./equity $80,000assume that the available cash is distributed immediately, except for a $2,000 contingency fund that is withheld pending complete liquidation of the partnership. how much cash should be paid to each of the partners? a. $3,200 douglas, $8,000 ryan, $4,800 ellenb. $5,600 douglas, $14,000 ryan, $8,400 ellenc. $16,000 douglas, $0 ryan, $0 ellend. $8,000 douglas, $0 ryan, $8,000 ellen
Answers: 1
Business, 23.06.2019 02:00
How much more output does the $18 trillion u.s. economy produce when gdp increases by 3.0 percen?
Answers: 1
The condensed product-line income statement for Dish N' Dat Company for the month of March is as fol...
Medicine, 21.02.2021 14:30
Advanced Placement (AP), 21.02.2021 14:30
Mathematics, 21.02.2021 14:30
Mathematics, 21.02.2021 14:40
History, 21.02.2021 14:40
Mathematics, 21.02.2021 14:40
Chemistry, 21.02.2021 14:40
Mathematics, 21.02.2021 14:40
Geography, 21.02.2021 14:40
Mathematics, 21.02.2021 14:40
Social Studies, 21.02.2021 14:40