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egment Income (Loss) -osta on margin " (@ $ 1,129,000 994,000 135,000 239,000 $ (104,000) S

egment Income (Loss) -osta on margin " (@ $ 1,129,000 994,000 135,000 239,000 $ (104,000) S

FINANCIAL ACCOUNTING
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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Gion Company is considering eliminating its Windows division, which reported a loss for the prior year of $104,000 as shown below. Segment Income (Loss) Sales Variable costs Contribution margin Fixed costs Income (loss) Multiple Choice If the Windows division is dropped, all of its variable costs are avoidable, and $155,350 of its fixed costs are avoidable. The impact on Gion's operating income from eliminating this business segment would be: $155,350 increase $19,550 decrease $20,350 increase $ 1,129,000 20 250 darroaco 994,000 135,000 239,000 $ (104,000)
Transcribed Image Text:Gion Company is considering eliminating its Windows division, which reported a loss for the prior year of $104,000 as shown below. Segment Income (Loss) Sales Variable costs Contribution margin Fixed costs Income (loss) Multiple Choice If the Windows division is dropped, all of its variable costs are avoidable, and $155,350 of its fixed costs are avoidable. The impact on Gion's operating income from eliminating this business segment would be: $155,350 increase $19,550 decrease $20,350 increase $ 1,129,000 20 250 darroaco 994,000 135,000 239,000 $ (104,000)
Multiple Choice O O $155,350 increase $19,550 decrease $20,350 increase $20,350 decrease $155,350 decrease didable. The imp
Transcribed Image Text:Multiple Choice O O $155,350 increase $19,550 decrease $20,350 increase $20,350 decrease $155,350 decrease didable. The imp
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