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

Author Question: The management accountant for the Chocolate S'more Company has prepared the following income ... (Read 265 times)

jrubin

  • Hero Member
  • *****
  • Posts: 552
The management accountant for the Chocolate S'more Company has prepared the following income statement for the most current year: 

ChocolateOther CandyFudgeTotal
Sales$40,000$25,000$35,000$100,000
Cost of goods sold26,00015,00019,00060,000
Contribution margin14,00010,00016,00040,000
Delivery and ordering costs2,0003,0002,0007,000
Rent (per sq. foot used)3,0003,0002,0008,000
Allocated corporate costs5,0005,0005,00015,000
Corporate profit$4,000$(1,000)$7,000$10,000

a.  Do you recommend discontinuing the Other Candy product line? Why or why not?
b.  If the Chocolate product line had been discontinued, corporate profits for the current year would have decreased by what amount?


Related Topics

Need homework help now?

Ask unlimited questions for free

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

upturnedfurball

  • 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




 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library