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 YTitle ZTitle X$99,000Sales$151,000$199,000Variable Cost51,00076,000100,000Contribution Margin$48,000$75,000$99,000Direct Fixed Cost19,00040,000Allocated Common Fixed Cost10,00021,000Net Income$19,000$38,000A. What is the total income if all titles were produced?29,00015,000$31,000B. If Title X was dropped, what would be the effect on Net Income?✔LossC. How much did Title X Contribute to Fixed Costs?D. Determine the cost and the amount that will remain even if Title X is dropped.Allocated Fixed Cost✓ SE. Which costs and amount will be eliminated If Title X is dropped?Contribution Margin✓Direct Fixed Cost$

The contribution margin is computed by deducting the sales revenue from the variable cost there is…

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 x Title Z Title Y $151,000 76,000 $75,000 29,000 15,000 $31,000 Sales $99,000 Variable Cost 51,000 Contribution Margin $48,000 Direct Fixed Cost 19,000 Allocated Common Fixed Cost 10,000 Net Income $19,000 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? Loss C. How much did Title X Contribute to Fixed Costs? $199,000 100,000 $99,000 40,000 21,000 $38,000 D. Determine the cost and the amount that will remain even if Title X is dropped. Allocated Fixed Cost E. Which costs and amount will be eliminated if Title X is dropped? Contribution Margin Direct Fixed Cost

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 x Title Z Title Y $151,000 76,000 $75,000 29,000 15,000 $31,000 Sales $99,000 Variable Cost 51,000 Contribution Margin $48,000 Direct Fixed Cost 19,000 Allocated Common Fixed Cost 10,000 Net Income $19,000 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? Loss C. How much did Title X Contribute to Fixed Costs? $199,000 100,000 $99,000 40,000 21,000 $38,000 D. Determine the cost and the amount that will remain even if Title X is dropped. Allocated Fixed Cost E. Which costs and amount will be eliminated if Title X is dropped? Contribution Margin Direct Fixed Cost

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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. Prepare a differential analysis report for the make-or-buy decision, considering the differential revenues and costs. WISCONSIN ARTS OF MILWAUKEE Purchase Outside Page Layout Services Differential Analysis Report Differential revenue: Residual value of computer equipment 22,500 Differential cost of alternatives: Purchase price of layout work: Number of pages 31,300 V Price per page 18 Total differential costs 563,400 Cost to perform internally: Salaries 184,000 Benefits 51,000 Supplies 27,000 Office expenses 20,000 282,000 Cost increase from purchasing outside layout services 303,900 X Net differential loss from using an outside service
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Current business segment operations for Whitman, a mass retailer, are presented below. Merchandise Automotive Restaurant Total $500,000 $400,000 $100,000 $1,000,000 200,000 300,000 70,000 570,000 Sales Variable costs Fixed costs 50,000 250,000 Operating income (loss) $100,000 $100,000 $-20,000 $180,000 Management is contemplating the discontinuance of the Restaurant segment because "it is losing money." If this segment is discontinued, $30,000 of its fixed costs will be eliminated. In addition, Merchandise and Automotive sales will decrease 5% from their current levels. What will Whitman's total contribution margin be if the Restaurant segment is discontinued? Select one: a. $380,000 b. $367,650 X c. $160,000 d. $220,000 100,000 100,000
how do I fill out this chart? any help would be greatly appreciated.
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