Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. thalassines kataskeves, s.a income statement-bilge

Thalassines Kataskeves, S.A Income Statement-Bilge Pump For the Quarter Ended March 31 480, eee Sales...

60.1K

Verified Solution

Question

Accounting

image

Thalassines Kataskeves, S.A Income Statement-Bilge Pump For the Quarter Ended March 31 480, eee Sales Variable expenses: Variable manufacturing expenses $ 122,eee Sales commissions 48,eee Shipping Total variable expenses 17,eee 187,eee Contribution margin 293,eee Fixed expenses: Advertising (for the bilge pump product line) Depreciation of equipment (no resale value) 25,eee 118,eee 42,eee General factory overhead Salary of product-line manager 129,eee Insurance on inventories 11,eee 40, et Purchasing department Total fixed expenses 365, eee (72,eee) Net operating loss Common costs allocated on the basls of machine-hours. tCommon costs allocated on the basls of sales dollars. DIscontinulng the blge 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 (dlsadvantage) 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

Basic Math
1.2K views

1.14 Let Xn be a Markov chain on state space {1,2,3,4,5} with transition matrix P= 0 1/2 1/2 0 0 0 0 0 1/5 4/5 0 0 0 2/5 3/5 1 0 0 0 0 1/2 0 0 0 1/2 (a) Is this...

Biology
1.2K views

1: How are endocrine disruptors associated with IQ? 2: Why has research on endocrine disruption spurred...

Advance Math
1.2K views

1. Prove that it is impossible to have a group of nine people at a party...

Advance Math
1.2K views

Tulia Company manufactures agricultural implements. At the beginning of the third quarter of 2018, the company...

Biology
1.2K views

A person with Factor V Leiden might be more susceptible to this problem associated with...

Physics
1.2K views

A point charge q moves from point P to point S along the path PQRS...

Physics
1.2K views

A pendulum of length is free to oscillate in vertical plane about point O An...

Calculus
1.2K views

7 DO 4 of these 5 Show alged f x 5ex 2 find f x...

Calculus
1.2K views

1 Given a function of g x on 2 6 and g x 0 on...

Algebra
1.2K views

oose the correct graph of the dratic function f x x 4x 3 elect one...

Accounting
1.2K views

Akron Incorporated purchased an asset on September 1 of Year 1 for $375,000. The estimated...

Accounting
1.2K views

Preparing a Statement of Cash Flows (Indirect Method) Rainbow Companys income statement and...