managerial accounting help #6 ASAP?!?! a) Compute the markup on absorption cost. b) Compute...
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managerial accounting help #6 ASAP?!?!
a) Compute the markup on absorption cost. b) Compute the target selling price of the product using the absorption o) When Mr. Ding L. Berry, president and chief executive of Berry, Inc., first saw theal profit? I'm ever start showing a I'm showinga statement below, he flew into his usual rage: "When will we ever start ng immediate steps to eliminate those two unprofitable lines!" Product Lines Total $250,000 $100,000 $75,000 $75,000 119,000 37,500 35,000 47000 131,000 63,000 40,000 28,000 30,000 4,400 Sales Variable expenses Contribution margin Traceable fixed expenses* 98,000 31,000 37,000 Common expenses, allocated 32,900 18000 10,500 Operating income (loss) 100 $14.000 (7,500) $(6.400) *These traceable expenses could be eliminated if the product lines to which they are discontinued traced were Required Recommend which segments, if any, should be eliminated. Prepare a report in good form o your
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