Discontinue a SegmentProduct Tango has revenue of $1,150,000, variable cost of goods sold of $850,000, variable selling expenses of $275,000, and fixed costs of $125,000, creating an operating loss of$(100,000).a. Prepare a differential analysis as of February 13 to determine if Product Tango should be continued (Alternative 1) or discontinued (Alternative 2), assuming fixed costs areunaffected by the decision. If an amount is zero, enter "0". If required, use a minus sign to indicate a loss.Differential AnalysisContinue Product Tango (Alt. 1) or Discontinue Product Tango (Alt. 2)February 13RevenuesCosts:Variable cost of goods soldVariable selling and admin. expensesFixed costsProfit (Loss)ContinueDiscontinueProductProductTangoTango(Alternative 1) (Alternative 2)0000DifferentialEffects(Alternative 2)

e of $1,150,000, variable cost of goods sold of $850,000, variable selling exper analysis as of February 13 to determine if Product Tango should be continued (Al n. If an amount is zero, enter "0". If required, use a minus sign to indicate a los Differential Analysis ct Tango (Alt. 1) or Discontinue Product Tango (Alt. 2) February 13 = sold dmin. expenses Continue Product tA Discontinue Product Tango Tango (Alternative 1) (Alternative 2) 0000 Differential Effects (Alternative 2)

e of $1,150,000, variable cost of goods sold of $850,000, variable selling exper analysis as of February 13 to determine if Product Tango should be continued (Al n. If an amount is zero, enter "0". If required, use a minus sign to indicate a los Differential Analysis ct Tango (Alt. 1) or Discontinue Product Tango (Alt. 2) February 13 = sold dmin. expenses Continue Product tA Discontinue Product Tango Tango (Alternative 1) (Alternative 2) 0000 Differential Effects (Alternative 2)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Differential Analysis for a Discontinued Product The condensed product-line income statement for Rhinebeck Company for the month of October is as follows: Sales Cost of goods sold Gross profit Selling and administrative expenses Operating income (loss) Rhinebeck Company Revenues. Costs: Product-Line Income Statement For the Month Ended October 31 Fixed costs Variable cost of goods sold Variable selling and admin. expenses Profit (Loss) Hats Fixed costs are 15% of the cost of goods sold and 42% of the selling and administrative expenses. Rhinebeck Company assumes that fixed costs would not be materially affected if the Gloves line were discontinued. a. Prepare a differential analysis dated October 31 to determine if Mufflers should be continued (Alternative 1) or discontinued (Alternative 2). If an amount is zero, enter "0". If required, use a minus sign to indicate a loss. $65,200 (27,000) $38,200 (28,500) $9,700 Differential Analysis Continue (Alt. 1) or Discontinue (Alt. 2) Mufflers…
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Diff Analysis & Product Pricing:
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