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O\'Neill, Incorporated\'s segmented income statement for the most recent month i

ID: 2501300 • Letter: O

Question

O'Neill, Incorporated's segmented income statement for the most recent month is given below. If Store B sales increase by $45,700 with no change in fixed expenses, the overall company net operating income should: Wyly Inc. produces and sells a single product. The selling price of the produce is $245.00 per unit and its variable cost is $7.50 per unit. The fixed expense is $417,270 per month. The break-4even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.) Lusk Corporation produces and sells 13,900 units of Product X each month. The selling price of Product X is $21 per unit and variable expenses are $15 per unit. A study has been made concerning whether Product X should be discontinued The study shows that $74,000 of the $ 104,000 in fixed expenses charged to Product X would not be avoidable even if the product was discontinued. If Product X is discontinued, the company's overall net operating income would:

Explanation / Answer

3ANSWER = B) 31990

CONTRIBUITON MARGIN ON INCREASED SALSE = 45700 * 70% = 31990

4 ANSWER = C) 596100