Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 13-15 (algo) dropping or retaining a segm

Exercise 13-15 (Algo) Dropping or Retaining a Segment [LO13-2] Thalassines Kataskeves, S.A., of Greece makes...

50.1K

Verified Solution

Question

Accounting

image
Exercise 13-15 (Algo) Dropping or Retaining a Segment [LO13-2] Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on its bilge pump product line for several years. The most recent quarterly contribution format income statement for the bilge pump product line follows "Common costs allocated on the basis of machine-hours. 1Common costs allocated on the basis of sales dollars. Discontinuing the bige pump product line would not affect sales of other product lines and would have no effect on the company's total general factory overhead or total Purchasing Department expenses. Required: What is the financial advantage (disadvantage) of discontinuing the bilge pump product line

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Biology
1.2K views

In the early stages of CoVID 19 many public figures compared coronavirus to the influenza virus....

Finance
1.2K views

Your 21 year old client just graduated from college and started a job with monthly salary...

Physics
1.2K views

2 In your opinion would Einstein have developed his Big Idea without the work of...

Physics
1.2K views

Ned (40kg) and Ed(54kg) are twins. Ned runs up stairs (6m high) in 3 s...

Basic Math
1.2K views

In the last lesson, you came up with a formula for the tax a couple...

Accounting
1.2K views

Calculating Economic Value Added East Mullett Manufacturing earned operating income last year as shown in...

Accounting
1.2K views

The purpose is to give you practice calculating and interpreting percents, budgets, sales tax, and...

Accounting
1.2K views

What would be the average total cost of producing the 200th pizza

Accounting
1.2K views

How much net income attributable to its shareholders does COKE report for the latest fiscal...

Accounting
1.2K views

FILL THE YELLOW CELLS (PLEASE WRITE THE EXCEL EQUATION USED FOR EACH ANSWERED CELL) ...

Accounting
1.2K views

Los datos de ingresos y gastos para el ao calendario actual de Dawg Electronics Company...

Accounting
1.2K views

The Goody Shop Ltd.'s unadjusted trial balance accounts and amounts (prior to recording any rember...