Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. lusk corporation produces and sells 14,000 units o

Lusk Corporation produces and sells 14,000 units of Product X each month. The selling price...

80.2K

Verified Solution

Question

Accounting

Lusk Corporation produces and sells 14,000 units of Product X each month. The selling price of Product X is $22 per unit, and variable expenses are $16 per unit. A study has been made concerning whether Product X should be discontinued. The study shows that $73,000 of the $103,000 in fixed expenses charged to Product X would not be avoidable even if the product was discontinued. If Product X is discontinued, the companys overall net operating income would: decrease by $49,000 per month increase by $49,000 per month decrease by $54,000 per month increase by $19,000 per month

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

You are planning for your retirement and have decided the following: you will retire in 35...

Finance
Q

An ideal turbofan operates at 11,000m with a free-stream Mach number of 0.85. Considering the following...

Mechanical Engineering
Q

Match the reproduction items to their correct order Fertilization Zygote Cleavage Blastocyst Implantation Embryo Fetus...

Biology
Q

In eukaryotes translation takes place O on the plasma membrane O inside the nucleus Oon...

Biology
Q

Then describe the tra language and specific number in the textbox T Vi 8 Graph...

Geometry
Q

Lines and m are intersected by transversal t and l m 1 3 24 B...

Geometry
Q

What would be the reason why LIFO is no longer allowed as an inventory accounting...

Accounting
Q

Circle the correct answer for the following MCQs 1. The assets bought for long-term use...

Accounting
Q

Concrete Works is a California company with a SUTA tax of 5.2% and a SUTA...

Accounting
Q

There will be a remarkable change in 'personal selling practices once COVID-19 PANDEMIC is over....

Finance
Q

An investor is considering the purchase of a(n) 8.000%,15 year corporate bond that's being priced...

Finance
Q

Suppose that you are a finance manager at a U.S. based MNC, On January 1st,...

Finance