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BigorU [14]
3 years ago
11

Cullumber Company makes three models of tasers. Information on the three products is given below. Tingler Shocker Stunner Sales

$306,000 $494,000 $200,000 Variable expenses 154,900 203,300 135,200 Contribution margin 151,100 290,700 64,800 Fixed expenses 119,964 224,736 93,700 Net income $31,136 $65,964 $(28,900) Fixed expenses consist of $294,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $30,000 (Tingler), $79,500 (Shocker), and $34,900 (Stunner). The common costs will be incurred regardless of how many models are produced. The direct fixed expenses would be eliminated if that model is phased out. James Watt, an executive with the company, feels the Stunner line should be discontinued to increase the company’s net income. (a) Compute current net income for Cullumber Company. Net income $ (b) Compute net income by product line and in total for Cullumber Company if the company discontinues the Stunner product line. (Hint: Allocate the $294,000 common costs to the two remaining product lines based on their relative sales.) Tingler Net Income $ Shocker Net Income $ Total Net Income $ (c) Should Cullumber eliminate the Stunner product line? Why or why not? Net income would from $ to $ .

Business
1 answer:
swat323 years ago
3 0

Answer:

a) Net Income = 68200

b) Tingler net income= 8645

   Shocker net income=29655

   Total net income=38300

c) No, because net income would decrease from 68200 to 38300.

Explanation:

Find the attachment for explanation/solution.

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It will take 7 years.

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Gross domestic product (GDP) is the standard measure of  value added generated by the country's production of goods and services over a certain time period. GDP is the total monetary or market worth of all completed products and services produced within a country's boundaries in a certain time period.

As such, it also accounts for the money generated by such output, as well as the overall amount spent on final products and services (less imports).

Time take to reach $40 trillion is to be found.

Formula to find the time taken to reach $40 trillion  is given below:

F = P *(1+i) ^t

Here,

F = 40,

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Now put the values in the formula given above.

F = 0.1040 = 20 × (1+0.10) ^t(1.10)^t

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Taking log both sides t = log 2 / log 1.10  

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8 0
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The IPO process involves several entities, such as the issuing company, institutional investors, brokers, lawyers, regulators, r
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Answer:

The IPO Process

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Answer:

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contribution margin = sales price- variable costs

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=15000

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Answer:

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