Please answer all questions. 8) Lusk Corporation produces and...

50.1K

Verified Solution

Question

Accounting

Please answer all questions.
image
8) Lusk Corporation produces and sells 15,700 units of Product X each month. The selling price of Product X is $27 per unit, and variable expenses are S21 per unit. A study has been made 72,000 of the concerning whether Product X should be discontinued. The study shows that S $107,000 in monthly fixed expenses charged to Product X would not be avoidable even if the product was discontinued. If Product X is discontinued, the annual financial advantage disadvantage) for the company of eliminating this product should be: D) $47,800 A) (S47,800) B) $12,800 C) ($59,200) PROBLEMS. 12 Points each. 4,483,900, net operating income of $2,693,229, and average operating assets of $5,502,000. The company's minimum required rate of return is i 290. 9) Gabbe Industries is a division of a major corporation. Last year the division had total sales of Required: a. What is the division's margin? (Round your pereentage answer to 2 decimal places.) b. What is the division's turnover? (Round your answer to 2 decimal places.) c. What is the division's return on investment (ROD? (Round percentage your answer to 2 decim places.)

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