Secure https/ dent/PlayerHomework aspx?homeworkld 470596100Biquestionld-18flushe

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Secure https/ dent/PlayerHomework aspx?homeworkld 470596100Biquestionld-18flushed falseld 4903898äcenterwinzyes Accounting Principles II Homework: Chapter 25 Homework Score: 0.13 of 1 pt 2 of 3 (3 complete) P25-23A (similar to) Mombers of the board of directors of Security Team have received the following operating income data for the year ended May 31, 2018 EB(Click the icon to view the operating income data) Mombers of the board are surprised that the industrial systoms product line is not profitable. They commission a study to determine whether the company should drop the line. Company accountants estmate that cost of goods sold by $83,000 and decrease fxed selling and administrative expenses by $11,000 Read the tequirements For the Year Ended May 31, 2018 Totals With Totals Without Industrial Systems Change if Industrial Systems Is Dropped Industrial Systems Not Salos Revenue Variable Costs Selting and Administrative Total Variable Costs Contrbution Margin Fxed Coshs Seling and Administralive Total Fixed Costs Operating Income (Loss) Enter any number in the edit fields and then click Check Answer 1 Pemaining Clear All O Type here to search

Explanation / Answer

Totals with Totals without Change if Ind. Ind. Systems Ind. Systems System is dropped Net sales revenue 630000 320000 -310000 Vvariable Costing Manufacturing 80000 46000 34000 Selling and admin 136000 74000 62000 Total Variable cost 216000 120000 96000 Contribution margin 414000 200000 -214000 Fixed cost Manufacturing 279000 196000 83000 Selling and admin 67000 56000 11000 Total fixed cost 346000 252000 94000 Operating income 68000 -52000 -120000

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