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WileyPLUS Chegg Study l Guided Solutio × e-c secure Https://edugen. , × × c secure https://edugen.wileyplus.com/edugen/student/mainfr.u ni WileyPLUS Kimmel Accounting, 6 INTRODUCTORY ACCOUNTING I/II (ACT 221/222) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment>open Assignment TIMER Start Time: 02:00 PM/ Remaining: 27 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Question 1 Bramble Corp. produces three versions of baseball bats: wood, aluminum, and hard rubber. A condensed segmented income statement for a recent period follows: 18-19-20 a Question 1 Question 2 Wood Total Sales Variable expenses Contribution margin $65000 58000 7000 22000 $(15000) $995000 688000 307000 132000 $175000 Question 4 $620000 $310000 Question 5 Question Question 7 Question Question 9 Question 10 Question 11 380000 240000 Fixed expenses75000 250000 60000 35000 Net income (loss) $16500025000 Assume none of the fixed expenses for the hard rubber line are avoidable. What will be total net income if the line is dropped? Question13 Question 14 $50000 $190000 $168000 $250000 Click if you would like to Show Work for this question: Question Attempts: 0 of 1 usedSAVE FOR LATER SUBMIT ANSWER 17 3 All Rights Reserved. A Division of lohn Wiley & Sons Inc Version 4.24.2.4

Explanation / Answer

Answer is $168000

Particulars Wood Aluminium Rubber Total Sales        620,000.00    310,000.00    930,000.00 Less: Variable Cost        380,000.00    250,000.00    630,000.00 Contribution Margin        240,000.00      60,000.00    300,000.00 Less: Fixed Cost          75,000.00      35,000.00      22,000.00    132,000.00 Net Income        165,000.00      25,000.00    (22,000.00)    168,000.00

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