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AleksAgata [21]
3 years ago
9

The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales an

d expenses for the past quarter follow: Total Dirt Bikes Mountain Bikes Racing Bikes Sales $ 919,000 $ 265,000 $ 400,000 $ 254,000 Variable manufacturing and selling expenses 478,000 116,000 203,000 159,000 Contribution margin 441,000 149,000 197,000 95,000 Fixed expenses: Advertising, traceable 69,700 8,400 40,600 20,700 Depreciation of special equipment 43,200 20,100 7,400 15,700 Salaries of product-line managers 114,600 40,400 38,100 36,100 Allocated common fixed expenses* 183,800 53,000 80,000 50,800 Total fixed expenses 411,300 121,900 166,100 123,300 Net operating income (loss) $ 29,700 $ 27,100 $ 30,900 $ (28,300)*Allocated on the basis of sales dollars.Management is concerned about the continued losses shown by the racing bikes and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce racing bikes has no resale value and does not wear out.Required:1a. What is the impact on net operating income by discontinuing racing bikes? (Decreases should be indicated by a minus sign.)Current total total if racing bikes are dropped Difference: Net operating income increase or (Decrease)? ? ? ?? ? ? ?Contribution margin: (loss) ? ? ?Fixed expense: - - -? ? ? ?? ? ? ?? ? ? ?? ? ? ?Total fixed expenses ? ? ?Net operating income (loss) ? ? ?** On the first column insert from the list stated in the bottom with the missing ?**(sales, variable expenses, advertising traceable , depreciation on special equipment, salaries of product managers, common allocated costs) 2a. Prepare a segmented income statement. Totals Dirt Bike Mountain Bikes Racing Bikes? ? ? ? ?? ? ? ? ?Contribution margin (loss) ? ? ? ?Traceable fixed expenses: - - - -? ? ? ? ?? ? ? ? ?? ? ? ? ?Total traceable fixed expenses ? ? ? ?? ? ? ? ?? ? - - -Net operating income (loss) ? - - -** On the first column insert from the list stated in the bottom with the missing ?**(Sales, Variable manufacturing and selling expenses, Advertising, depreciation of special equipment, salaries of the product line managers, product line segment margin, common fixed expenses)

Business
1 answer:
Xelga [282]3 years ago
4 0

Answer:

Explanation:

Please see answer to the given question in the file attached below

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A new investment project currently under consideration has a negative net present value of $85,000. The project has a life of 10
KIM [24]

Answer:

correct option is $12,668

Explanation:

given data

net present value = $85,000

time = 10 year

rate of return = 8%

solution

we apply here formula for  Present Value of annual additional cash flow that is

Present Value of annual additional cash flow = Annual cash flow × present value factor for an annuity      ............................1

put here value

$85,000 = Annual cash flow × 6.71

Annual cash flow = $12,668

so here correct option is $12,668

3 0
3 years ago
term fixed price contract to build an office tower for​ $10,000,000. In the first year of the contract Tullis incurs​ $3,000,000
almond37 [142]

Answer: $750,000

Explanation:

Given that,

Fixed price contract = $10,000,000

Cost incurred in the first year = $3,000,000

Remaining costs to complete =​ $5,000,000

Tullis billed =​ $4,000,000 in year 1

Collected​ by the end of the year = $3,500,000

Percentage of work completed = \frac{Expenditures\ Incurred\ from\ Inception\ to\ Date}{Total\ Estimated\ Costs\ for\ the\ Contract}

= \frac{3}{8} \times 100percent

= 37.5%

Revenue recognized = 37.5% of $10,000,000

                                    = $3,750,000

Income recognized = Revenue recognized - Cost incurred in the first year

                                 = $3,750,000 - $3,000,000

                                 = $750,000

8 0
3 years ago
Which of the following are payments to ensure receiving the standard treatment that a business ought to receive from a foreign g
Romashka [77]

Answer:

Grease payments, Option A, are payments to ensure receiving the standard treatment that a business ought to receive from a foreign government, but might not due to the obstruction of a foreign official

Explanation:

Grease payment is like a bribe which is usually small in amount and is provided to a government official or to a businessman with the aim of expediting a business decision. It may also be used in case any shipment or any transaction needs to be expedited.  

Grease payments do not change the result of the foreign official's decision, under FCPA. If it changes the consequence, then it is considered a bribe. In that case, grease payments become illegal. It also depends on the amount given to the official and their frequency to decide if it is illegal.

7 0
3 years ago
mazie is on the board of directors for belltone corporation, a corporation that manufactures hearing aids. mazie has not attende
DedPeter [7]

The shareholders have the authority to remove a director in this scenario when only one member of the board of directors refuses to step down.

What is board of directors?
A board of directors, also known as the board or simply the board, is an executive committee that collectively oversees the operations of an organisation. This organisation may be for-profit or nonprofit, such as a <u>company, nonprofit, or government agency</u>.

Governmental regulations, including the corporate law of the applicable jurisdiction, as well as the organization's possess constitution and by-laws, set forth the rights, obligations, and obligations of a board of directors. These authorities may determine the number of board members, the process for selecting them, and the frequency of their meetings.

The full membership of an organisation that has voting members, who typically elect the board members, is responsible to and may be subordinate to the board in such an organisation.

Because In general, the sole authority to remove a director rests with the shareholders. A resolution to remove a director must be approved by a majority of shareholders at a special general meeting.


To learn more about board of directors
brainly.com/question/28201050
#SPJ4

8 0
11 months ago
A stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if
Kisachek [45]

Answer:

B) $26.30

Explanation:

To determine an investor's valuation of the stock we must calculate the present value of next year's dividend and selling price:

present value = [dividend / (1 + rate)] + [selling price / (1 + rate)]

present value = [$0.24 / (1 + 15%)] + [$30 / (1 + 15%)] = $0.21 + $26.09 = $26.30

4 0
2 years ago
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