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Author Question: The management accountant for Giada's Book Store has prepared the following income statement for the ... (Read 49 times)

leilurhhh

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on: Mar 6, 2021
The management accountant for Giada's Book Store has prepared the following income statement for the most current year:
CookbookTravel BookClassicsTotal
Sales$65,000$164,000$55,000$284,000
Cost of goods sold37,00067,00020,000124,000
Contribution margin28,00097,00035,000160,000
Order and delivery processing21,00025,00011,00057,000
Rent (per sq. foot used)5,0004,0004,00013,000
Allocated corporate costs10,00010,00010,00030,000
Corporate profit$ (8,000)$58,000$10,000$60,000

If the travel book line had been discontinued, corporate profits for the current year would have decreased by ________.
◦ $97,000
◦ $72,000
◦ $68,000
◦ $58,000
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by leilurhhh on Mar 6, 2021

janieazgirl

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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leilurhhh

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

Missbam101

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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