Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. thalassines kataskeves, s.a., of greece makes mari

Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on...

70.2K

Verified Solution

Question

Accounting

image
image
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 follows: "Common costs allocated on the basis of machine-hours. tCommon costs allocated on the basis of sales dollars. Discontinuing the bilge pump 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. Common costs allocated on the basis of machine-hours. tCommon costs allocated on the besis of sales dollars. Discontinuing the bilge pump 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

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

Physics
1.2K views

A paperweight is made of a solid glass hemisphere of index of refraction 1 53...

Physics
1.2K views

b 4 69 10 d 3 69 104N Among two discs A and B first...

Algebra
1.2K views

After a person takes a pill the drug contained in the pill is assimilated into...

Accounting
1.2K views

On December 1, 2021, your company borrowed $31,500, a portion of which is to...

Accounting
1.2K views

FIFO of COST OF GOODS SOLD and ENDING INVENTORY Problem 6-11A (Part Level Submission)...

Accounting
1.2K views

Bumbles (Pty) Ltd is a wholesaler of plastic items located in Johannesburg. The ...

Accounting
1.2K views

Problem: Module 7 Textbook Problem 7 Learning Objectives: . 7-6 Adjust the tax basis in...

Accounting
1.2K views

Which of the following statements about organizational forms of a business is not correct? A)...

Finance
1.2K views

Question 10 Not yet answered Answer the following two questions: (a) Let igu = 6%...

Accounting
1.2K views

Percentage-of-Completion and Completed Contract Methods Philbrick Company signed a three-year contract to provide sales training...

Finance
1.2K views

9.5 CORPORATE VALUATION You expect a company to generate $30 million in free cash flow...

Finance
1.2K views

. What are the trends of the bond market in U.S. recently? Is the bull...