Gg.38. Hong Publishing has purchased Lang Publishing. After reviewing titles from both companies, a decision must be made to determine what titles must be dropped. The following information is available to make the decision.Title ZTitle Y$149,00075,000$74,00031,00016,000$27,000SalesVariable CostContribution MarginDirect Fixed CostAllocated Common Fixed CostNet IncomeTitle X$99,00051,000$48,00020,0009,000$19,000A. What is the total income if all titles were produced?$200,000101,000$99,00039,00019,000$41,000B. If Title X was dropped, what would be the effect on Net Income?C. How much did Title X Contribute to Fixed Costs?D. Determine the cost and the amount that will remain even if Title X is dropped.E. Which costs and amount will be eliminated if Title X is dropped?

There are three lang publishing and the company is deciding to drop one of the titles so that the…

Answered: A. What is the total income if all…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 9PA: Hong Publishing has purchased Lang Publishing. After reviewing titles from both companies, a...

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Your answer is correct. Prepare an incamental analysis concerning thepossibie discontinuance of Division LEnter negot negative sign preceding the numbereg 45 or parentheses es (45)) susing either a Net Income Continue Eliminate hcrease Decease Woonquouco margin 5-ס2 -70754 Foed costs Cost of goods soic 54,000 27000 27000 Selling and adininistrativE 44,254 120E2 Total foed 98,154 Expenses 50E2 Income (css iom in -27,400 operations -21682 eTexbook and Media Attenpts 2 c5used (2) Frepare an incremental analysis concerning the possible discontinuance.of DrvSonL ntive sign preczding the number e 45 ar parentheseseg (45) Net Income Continue Eliminate hcease (Decesa in Contributionmargin Fored costs Cast of goods soic Selling and 25,830 12.915 12.915 adiministrative Total fued expenses Income (loss) firom aperations Assistance Used eTextbook and Media 10:56 AM
Hong Publishing has purchased Lang Publishing. After reviewing titles from both companies, a decision must be made to determine what titles must be dropped. The following Information is available to make the decision. Title Y Title Z Title X $99,000 Sales $151,000 $199,000 Variable Cost 51,000 76,000 100,000 Contribution Margin $48,000 $75,000 $99,000 Direct Fixed Cost 19,000 40,000 Allocated Common Fixed Cost 10,000 21,000 Net Income $19,000 $38,000 A. What is the total income if all titles were produced? 29,000 15,000 $31,000 B. If Title X was dropped, what would be the effect on Net Income? ✔ Loss C. How much did Title X Contribute to Fixed Costs? D. Determine the cost and the amount that will remain even if Title X is dropped. Allocated Fixed Cost ✓ S E. Which costs and amount will be eliminated If Title X is dropped? Contribution Margin ✓ Direct Fixed Cost $
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Hong Publishing has purchased Lang Publishing. After reviewing titles from both companies, a decision must be made to determine what titles must be dropped. The following information is available to make the decision. A. What Is the total income if all titles were produced? B. If Title X was dropped, what would be the effect on Net Income? C. How much did Title X Contribute to Fixed Costs? D. Determine the cost and the amount that will remain even it Title X is dropped? E. Which costs and amount will be eliminated if Title X is dropped?
Please do not give solution in image format thanku
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Please do not give solution in image format thanku
Please do not give solution in image format thanku
Whispering's Market United (WMU) is an umbrella organization for all individuals who are go-getters in home-grown produce, homemade jams/jellies, artisan breads, and other hand-crafted items to be sold on local street corners. It represents a proud group of folks who are trying to keep the small producer and the health-conscious consumer top-of-mind when it comes to filling the refrigerator and pantry. As a large organization that provides a variety of services for its regional member clubs, WMU continually strives to better understand its own profitability. WMU has four key support services to assist its members: Member Services, Social Media, Resource Deployment, and Administrative Services. These four support departments exist for the benefit of the three operating segments, which are organized geographically: East, Central, and West. While the support services primarily assist the operating segments, they also cross over and assist each other. The services offered by the support…

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