This topic contains a solution. Click here to go to the answer

Author Question: The management accountant for Giada's Book Store has prepared the following income statement for the ... (Read 147 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
The management accountant for Giada's Book Store has prepared the following income statement for the most current year:
CookbookTravel BookClassicsTotal
Sales$63,000$179,000$60,000$302,000
Cost of goods sold37,00070,00023,000130,000
Contribution margin26,000109,00037,000172,000
Order and delivery processing19,00026,0009,00054,000
Rent (per sq. foot used)3,0003,0003,0009,000
Allocated corporate costs10,00010,00010,00030,000
Corporate profit$ (6,000)$70,000$15,000$79,000

If the cookbook product line had been discontinued prior to this year, the company would have reported ________.
◦ greater corporate profits
◦ the same amount of corporate profits
◦ less corporate profits
◦ resulting profits cannot be determined


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by littleanan on Mar 6, 2021

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
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.
Answer Preview
Only 29% of students answer this correctly




littleanan

  • Member
  • Posts: 575
Reply 2 on: Mar 6, 2021
:D TYSM


apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library