This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Leonora Industries manufactures light fixtures for home, retail, and industrial customers. The ... (Read 8 times)

tyratatyanna

  • Full Member
  • ***
  • Posts: 137
on: Feb 5, 2023
Leonora Industries manufactures light fixtures for home, retail, and industrial customers. The retail line has been showing losses for several years, and management is considering dropping the line. Recent income statements have been very similar to the following information which was prepared for the most recent year:

​​HomeRetailIndustrialTotal
Sales$550,000$320,000$830,000$1,700,000
Variable costs357,500217,600680,6001,255,700
Contribution margin192,500102,400149,400444,300
Fixed costs 125,000 130,000  115,000    370,000
Operating income$   67,500$(27,600)$   34,400$     74,300

Of the fixed costs, $315,000 is common costs that have been allocated equally to each product line. What will total operating income be if Leonora drops the retail line?
◦ $77,400
◦ $101,900
◦ $(3,100)
◦ $26,900
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tyratatyanna on Feb 5, 2023

DevinBrifm

  • Full Member
  • ***
  • Posts: 180
    • i thought about coupon codes
Reply #1 on: Feb 5, 2023
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 44% of students answer this correctly

When you observe that the full time is nearing, increase that to your grocery list. navigate to these guys

tyratatyanna

  • Member
  • Posts: 137
Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Everyone has one nostril that is larger than the other.

A light-coloured cane toad A light-coloured cane toad
Which wavelengths of light are most effective at photosynthesis? Which wavelengths of light are most effective at photosynthesis?
Pairs of heavy and light chains combine to form a Y-shaped molecule Pairs of heavy and light chains combine to form a Y-shaped molecule
Spinal changes caused by osteoporosis. Use light pressure and gentle stretches only with frail or ... Spinal changes caused by osteoporosis. Use light pressure and gentle stretches only with frail or ...
Absorption spectra and light energy Absorption spectra and light energy
Light-independent reactions in C3 plants. Light-independent reactions in C3 plants.
Video: EpiPen Animation (Part 1)

For a complete list of videos, visit our video library