Home
Search
Gallery
Blog
Dictionary
Textbooks
Resource Library
Flashcards
Latest Topics
Ask a Question
Home
Take a Tour
Study Tips
Help Pages
Contact Us
Gallery
Recently Added
Search
Blog
Dictionary
Add New Word
Random Term
Recent Changes
Resource Library
Share Your Resources
Recently Added
Search
Ask a Question
Log In
Sign Up
homework help
portal
Q & A Board
Gallery
Notes and Downloads
This Board
Research Articles
Entire Website using Google
Forum
Search
Advanced Search
Image Gallery
Resource Library
Browse by
Textbooks
Chat
Subjects
Recent
Posts
•
Latest Topics
•
Unanswered Questions
Top Posters
Since Sunday
20
11
b
8
7
l
7
f
7
d
7
r
7
6
p
6
A
6
s
6
Home
Q & A Board
Other Fields Homework Help
Business
Accounting
Print
New Topic
Brown Manufacturing makes single kayaks, double kayaks, and lightweight competitive kayaks. The ...
wallyboy
wallyboy
wrote...
Go to Answer
Posts:
76
Rep:
0
0
4 months ago
4 months ago
Brown Manufacturing makes single kayaks, double kayaks, and lightweight competitive kayaks. The ...
Brown Manufacturing makes single kayaks, double kayaks, and lightweight competitive kayaks. The double kayak line has been showing losses for several years, and management is considering dropping the line. Recent income statements have been very similar to the following information which was prepared for the most recent year:
Single
Double
Competitive
Total
Sales
$687,500
$400,000
$1,037,500
$2,125,000
Variable costs
446,875
272,000
850,750
1,569,625
Contribution margin
240,625
128,000
186,750
555,375
Fixed costs
156,250
162,500
143,750
462,500
Operating income
$ 84,375
$(34,500)
$ 43,000
$ 92,875
Of the fixed costs, $393,750 is common costs that have been allocated equally to each product line. What will total operating income be if Brown drops the double kayak line?
▸ $(3,875)
▸ $96,750
▸ $33,625
▸ $127,375
Textbook
Managerial Accounting
Edition:
4
th
Author:
Davis
Read 11 times
1
Reply
Report
Replies
Answer verified by a
subject expert
angelofavarice
angelofavarice
wrote...
#1
Answer Link
Posts:
86
Rep:
0
0
4 months ago
4 months ago
Sign in
or
Sign up
in seconds to unlock everything for free
Login with Facebook
Login with Google
Login with Twitter
More solutions for this book are
available here
$(3,875)
$393,750 ÷ 3 = $131,250 to be absorbed by remaining product lines;
($84,375 + $43,000) - $131,250 = ($3,875) Operating loss
1
Report
Related Topics
Solved
Consider a country that produces only two goods: kayaks and coconuts. Suppose it is possible for thi
Solved
Murray Products sells 2,100 kayaks per year at a price of $450 per unit. Murray sells in a highly ...
Solved
Peacock, Inc. sells 2,000 kayaks per year at a sales price of $460 per unit. It sells in a highly ...
Solved
Donnelley Products sells 2,500 kayaks per year at a sales price of $470 per unit. Donnelley sells in ...
Solved
A mission statement for a kayak manufacturer might be as follows: To make the highest-quality kayaks ...
Solved
While promoting a new line of kayaks, a company decided to be traditional. It distributed folders to ...
Peacock, Inc. sells 2,100 kayaks per year at a sales price of $500 per unit. It sells in a highly ...
Solved
Suppose there are only 2 nations, Atlantis and Pacifica, and only two goods, surfboards and kayaks. ...
Show More
wallyboy
Author
wrote...
4 months ago
Brilliant
ツ
byehoe
wrote...
Yesterday
Smart ... Thanks!
Ivansitospeed@g
wrote...
2 hours ago
Thanks for your help!!
New Topic
Quick Reply
[center][color=gray]Please [b]login or register[/b] to leave a reply[/color][/center]
Explore
Post your homework questions and get free online help from our incredible volunteers
347 People Browsing
305 Signed Up Today
Start New Topic
Take the Tour
Study Tips
Study Tools
New
Topics Trending
Browse by Textbook
Related Images
192
92
46
Your Opinion
Who's your favorite biologist?
Charles Darwin
Carl Linnaeus
Gregor Mendel
James Watson
Rachel Carson
Craig Ventor
Other
Votes: 431
Previous poll results:
Which 'study break' activity do you find most distracting?
Latest Blogs
Unusual Plant Defenses
3D Imaging: A Practical Use of Mathematics
A link between depression and heart disease
The Secrets of Longevity: Exploring Okinawa, Japan
How to cut in front of a line (persuasion tactic)
Ready to ask a question on
Biology Forums
?
Try it out
At 14% compounded annually, an investment of $50,000 will grow to $1,000,000 in 22.86 years. How ...
-
Mathematics
Twenty years ago the population of a village in Newfoundland was 964. Now it is 612. At what average ...
-
Mathematics
You invested $12.000 in a thirty-six month compound interest GIC. You just received its maturity ...
-
Mathematics
Your credit card charges you 18% compounded monthly. You wish to add it to your bank loan and the ...
-
Mathematics
Transferring from computer science to biology
-
Career Guidance
Over nine years Craig earned interest of $29,700 on an investment of $16,000. What effective rate of ...
-
Mathematics
A six-year, $20,000 GIC has a maturity value of $29,625. Calculate the semiannually compounded ...
-
Mathematics
Transville Credit Union is offering interest rates on three-year GICs. The effective rate of all of ...
-
Mathematics
Compare and contrast mitosis and meiosis.
-
General Biology
Your portfolio increased in value by 78% over a seven-year period in which the Consumer Price Index ...
-
Mathematics
Loading...