Dept. N$ 41,000Dept. O$72,000Dept. P$60,000Dept. T$ 40,000TotalDept. M$79,000$ 292,000SalesExpensesAvoidable15,80056,60043,60019,800148,000146,60020,00020,00046,60048,60018, 200Unavoidable5,400Total expenses72,40063,40025,40066,60066,800294, 600Net income (loss)$ 6,600$(22,400)$46,600$(6,600)$(26,800)$ (2,600)Recompute and prepare the departmental income statements (including a combined total column) for the company undereach of the following separate scenarios.Exercise 25-9 Part 1(1) Management eliminates departments with expected net losses.DEPARTMENTS WITH EXPEC TED NET LOSSES ELIMINATEDDept. MDept. NDept. ODept. PDept. TTotalSales$79,00072,000151,000Expenses:Avoidable15,80020,00035,800Unavoidable56,6005,40062,000Total expenses72,40025,40097,800Net income (loss)6,600$$46,600$$$53,200< Prev78.of 11Next >

Net loss refers to the situation when a company is not able to earn the desired amount of income or…

Sales $79,000 $ 41,000 $72,000 $60,000 $ 40,000 $ 292,000 Expenses Avoidable 15,800 56,600 43,600 19,800 20,000 5,400 20,000 48,600 18,200 66,800 $(26,800) 148,000 146,600 46,600 66,600 Unavoidable Total expenses 25,400 $46,600 72,400 63,400 294,600 Net income (loss) $ 6,600 $(22,400) $(6,600) $ (2,600) Recompute and prepare the departmental income statements (including a combined total column) for the company un each of the following separate scenarios. rcise 25-9 Part 1

Sales $79,000 $ 41,000 $72,000 $60,000 $ 40,000 $ 292,000 Expenses Avoidable 15,800 56,600 43,600 19,800 20,000 5,400 20,000 48,600 18,200 66,800 $(26,800) 148,000 146,600 46,600 66,600 Unavoidable Total expenses 25,400 $46,600 72,400 63,400 294,600 Net income (loss) $ 6,600 $(22,400) $(6,600) $ (2,600) Recompute and prepare the departmental income statements (including a combined total column) for the company un each of the following separate scenarios. rcise 25-9 Part 1

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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Subject: accounting
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