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Author Question: The management accountant for Giada's Book Store has prepared the following income statement for the ... (Read 142 times)

littleanan

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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$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
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Marked as best answer by littleanan on Mar 6, 2021

Amiracle

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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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littleanan

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

patma1981

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Reply 3 on: Yesterday
Wow, this really help

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