12. Golden Age operates three retirement homes and expects the following results next year: Oaks...
50.1K
Verified Solution
Link Copied!
Question
Accounting
12. Golden Age operates three retirement homes and expects the following results next year: Oaks Pines Elms Total Revenue $100,000 $150,000 $180,000 $430,000 Variable Costs 45,000 60,000 60,000 165,000 Contribution Margin 55,000 90,000 120,000 $265,000 Fixed Costs $60,000 $40,000 $60,000 $160,000 Income ($5,000) $50,000 $60,000 $105,000 Suppose $25,000 of the fixed costs are avoidable. What will be the effect on total profit, if The Oaks closes down?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.