The monthly income statement for Jordan Stores is given below: 1st Branch 2nd Branch Total Sales ₱ 1,200,000 ₱ 800,000 ₱ 2,000,000 Less: Variable Expenses 840,000 360,000 1,200,000 Contribution Margin ₱ 0,360,000 ₱ 440,000 ₱ 0,800,000 Less: Traceable Fixed Expenses 210,000 180,000 390,000 Segment Margin ₱ 0,150,000 ₱ 260,000 ₱ 0,410,000 Less: Common Fixed Expenses 180,000 120,000 300,000 Profit (Loss) ₱ 0,( 30,000 ) ₱ 140,000 ₱ 0,110,000 What will be the new company profit (loss) if 1st Branch is eliminated? Show solution Group of answer choices ₱ ( 040,000 ₱ 0( 40,000 ) ₱ ( 140,000 ₱ ( 250,000 )
The monthly income statement for Jordan Stores is given below: 1st Branch 2nd Branch Total Sales ₱ 1,200,000 ₱ 800,000 ₱ 2,000,000 Less: Variable Expenses 840,000 360,000 1,200,000 Contribution Margin ₱ 0,360,000 ₱ 440,000 ₱ 0,800,000 Less: Traceable Fixed Expenses 210,000 180,000 390,000 Segment Margin ₱ 0,150,000 ₱ 260,000 ₱ 0,410,000 Less: Common Fixed Expenses 180,000 120,000 300,000 Profit (Loss) ₱ 0,( 30,000 ) ₱ 140,000 ₱ 0,110,000 What will be the new company profit (loss) if 1st Branch is eliminated? Show solution Group of answer choices ₱ ( 040,000 ₱ 0( 40,000 ) ₱ ( 140,000 ₱ ( 250,000 )
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
The monthly income statement for Jordan Stores is given below:
|
1st Branch |
2nd Branch |
Total |
|
|
Sales |
₱ 1,200,000 |
₱ 800,000 |
₱ 2,000,000 |
|
Less: Variable Expenses |
840,000 |
360,000 |
1,200,000 |
|
Contribution Margin |
₱ 0,360,000 |
₱ 440,000 |
₱ 0,800,000 |
|
Less: Traceable Fixed Expenses |
210,000 |
180,000 |
390,000 |
|
Segment Margin |
₱ 0,150,000 |
₱ 260,000 |
₱ 0,410,000 |
|
Less: Common Fixed Expenses |
180,000 |
120,000 |
300,000 |
|
|
₱ 0,( 30,000 ) |
₱ 140,000 |
₱ 0,110,000 |
What will be the new company profit (loss) if 1st Branch is eliminated? Show solution
Group of answer choices
₱ ( 040,000
₱ 0( 40,000 )
₱ ( 140,000
₱ ( 250,000 )
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