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Alja [10]
3 years ago
8

Based on the segment income statement below, Chips, Inc. is considering eliminating its Barbecue Division line. Revenue from Bar

becue Division sales $ 510,000 Salaries for Barbecue Division workers (110,000 ) Direct material (315,000 ) Sunk costs (equipment depreciation) (77,500 ) Allocated company-wide facility-sustaining costs (55,000 ) Net loss $ (47,500 ) If Barbecue Division were eliminated, profitability would
Business
1 answer:
zloy xaker [14]3 years ago
7 0

Answer: Decrease by $70000

Explanation:

Before the Barbecue Division is eliminated, the profit gotten will be:

Revenue from Barbecue Division sales = $510,000

Less: Salaries = $110000

Less: Direct material = $315000

Profit = $70000

Therefore, based on the analysis above, If Barbecue Division were eliminated, profitability would decrease by $70000

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Though the trade and sale of slaves continued to be legal inside the United States until the Civil War, the "slave trade"—that i
Alika [10]

Answer:

Slave trade in the United States was made illegal in march 2, 1807, by the Act Prohibiting Importation of Slaves, and the law took effect in 1808. This law prohibited the importation of saves into the US. President Thomas Jefferson was the promoter of the law, and he had advocated for this law since the 1770s.

The first law banning US ships from participating in slave trade was the Slave Trade Act of 1794, with some colonies, like Virginia, banning slave trade even earlier.

3 0
4 years ago
In January, Harry and Belinda Johnson had $10,660 in monetary assets: $1,100 in cash on hand; $1,200 in a statement savings acco
iren2701 [21]

Answer:

the  amount after one year is $10,905

Explanation:

The computation of the amount after one year is shown below:

= Monetary assets ×(1 + earning interest)

= $10,660 × (1 + 0.023)

= $10,660 × 1.023

= $10,905

Hence, the  amount after one year is $10,905

We simply applied the above formula

4 0
3 years ago
A credit sale of $750 is made on June 13, terms 2/10, net/30. A return of $50 is granted on June 16. The amount received as paym
saveliy_v [14]

The amount received as payment in full on June 23 is $686

Explanation:

Given ,

Credit sale of $750

Terms 2/10, net/30

$50 is granted on June 16

= (750-50)x 0.98

= 700 x 0.98

= 686

The payment is reported as a repayment to the accounts receivable. Make an equivalent debit to the bank account to accept the earned money as a payment

4 0
3 years ago
Fact pattern 10-1 lulene makes the best lemon meringue pies in mississippi. so ellen, who owns ellen's old fashion cafe, contrac
Whitepunk [10]

Lulene and Ellen's contract may best be described as invalid based on indefiniteness. Lulene and Ellen's contract is not valid because they did not sign an agreement for the contract. They decided verbally on the agreement with the pies but since it is not in writing, it can't be tried as a valid contract.

6 0
3 years ago
Choose all that apply.
tino4ka555 [31]
I'm going full have to go with 2, 3, & 4
4 0
4 years ago
Read 2 more answers
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