542,400 $ 542,400 Product Line Earnings Statements (Dollar amounts are in thousands) Annual Costs of Operating Each Product Line Sales in units Sales in dollars Unit-level costs: Cost of production Sales commissions Fiber-Treats Carbo-Crunch Sugar-Bits 271,200 $ 271,200 Total 1,356,000 $ 1,356,000 542,400 $ 542,400 54,240 54,240 30,300 138,780 6,780 6,780 2,660 16,220 Shipping and handling 12,204 10,848 5,060 28,112 Miscellaneous 4,068 2,712 2,400 9,180 Total unit-level costs 77,292 74,580 40,420 192,292 Product-level costs: Supervisors' salaries 5,060 3,860 2,400 11,320 Facility-level costs: Rent 50,600 50,600 24,000 125,200 Utilities 67,800 67,800 33,900 169,500 Depreciation on equipment 218,000 218,000 109,000 545,000 Allocated companywide expenses 13,560 13,560 6,780 33,900 Total facility-level costs 349,960 349,960 173,680 873,600 Total product cost 432,312 428,400 216,500 1,077,212 Profit on products $ 110,088 $ 114,000 $ 54,700 $ 278,788 Required Prepare revised product-line earnings statements based on the elimination of Sugar-Bits. (Hint: It will be necessary to calculate some per-unit data to accomplish this.) Note: Enter your answers in thousands. Do not round intermediate calculations. Enter all amounts as positive values. Revised Product Line Earnings Statements Annual Costs of Operating Each Product Line Fiber-Treats Carbo-Crunch Sales in units Sales in dollars Unit-level costs: Total unit-level costs Product-level costs: Facility-level costs: Total facility-level costs Total product cost Profit on products Sale of Sugar-Bits equipment Segment earnings Totals 0 $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
542,400 $ 542,400 Product Line Earnings Statements (Dollar amounts are in thousands) Annual Costs of Operating Each Product Line Sales in units Sales in dollars Unit-level costs: Cost of production Sales commissions Fiber-Treats Carbo-Crunch Sugar-Bits 271,200 $ 271,200 Total 1,356,000 $ 1,356,000 542,400 $ 542,400 54,240 54,240 30,300 138,780 6,780 6,780 2,660 16,220 Shipping and handling 12,204 10,848 5,060 28,112 Miscellaneous 4,068 2,712 2,400 9,180 Total unit-level costs 77,292 74,580 40,420 192,292 Product-level costs: Supervisors' salaries 5,060 3,860 2,400 11,320 Facility-level costs: Rent 50,600 50,600 24,000 125,200 Utilities 67,800 67,800 33,900 169,500 Depreciation on equipment 218,000 218,000 109,000 545,000 Allocated companywide expenses 13,560 13,560 6,780 33,900 Total facility-level costs 349,960 349,960 173,680 873,600 Total product cost 432,312 428,400 216,500 1,077,212 Profit on products $ 110,088 $ 114,000 $ 54,700 $ 278,788 Required Prepare revised product-line earnings statements based on the elimination of Sugar-Bits. (Hint: It will be necessary to calculate some per-unit data to accomplish this.) Note: Enter your answers in thousands. Do not round intermediate calculations. Enter all amounts as positive values. Revised Product Line Earnings Statements Annual Costs of Operating Each Product Line Fiber-Treats Carbo-Crunch Sales in units Sales in dollars Unit-level costs: Total unit-level costs Product-level costs: Facility-level costs: Total facility-level costs Total product cost Profit on products Sale of Sugar-Bits equipment Segment earnings Totals 0 $ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Ashvinn
Transcribed Image Text:542,400
$ 542,400
Product Line Earnings Statements
(Dollar amounts are in thousands)
Annual Costs of Operating Each
Product Line
Sales in units
Sales in dollars
Unit-level costs:
Cost of production
Sales commissions
Fiber-Treats Carbo-Crunch Sugar-Bits
271,200
$ 271,200
Total
1,356,000
$ 1,356,000
542,400
$ 542,400
54,240
54,240
30,300
138,780
6,780
6,780
2,660
16,220
Shipping and handling
12,204
10,848
5,060
28,112
Miscellaneous
4,068
2,712
2,400
9,180
Total unit-level costs
77,292
74,580
40,420
192,292
Product-level costs:
Supervisors' salaries
5,060
3,860
2,400
11,320
Facility-level costs:
Rent
50,600
50,600
24,000
125,200
Utilities
67,800
67,800
33,900
169,500
Depreciation on equipment
218,000
218,000
109,000
545,000
Allocated companywide expenses
13,560
13,560
6,780
33,900
Total facility-level costs
349,960
349,960
173,680
873,600
Total product cost
432,312
428,400
216,500
1,077,212
Profit on products
$ 110,088
$ 114,000
$ 54,700
$ 278,788
Required
Prepare revised product-line earnings statements based on the elimination of Sugar-Bits. (Hint: It will be necessary to calculate some
per-unit data to accomplish this.)
Note: Enter your answers in thousands. Do not round intermediate calculations. Enter all amounts as positive values.
Revised Product Line Earnings Statements
Annual Costs of Operating Each Product Line
Fiber-Treats Carbo-Crunch
Sales in units
Sales in dollars
Unit-level costs:
Total unit-level costs
Product-level costs:
Facility-level costs:
Total facility-level costs
Total product cost
Profit on products
Sale of Sugar-Bits equipment
Segment earnings
Totals
0
$
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
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