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ID: 2598209 • Letter: N
Question
Need help, show in detailed steps please thank you. Need help, show in detailed steps please thank you. erm 4-Part B(Ch. 10-12)6 Help Save&Exit; Submit 1 Required information The following information applies to the questions displayed below] Decor Company's management is trying to decide whether to eliminate Department 200, which has produced art 3 of 3 losses or low profits for several years. The company's 2017 departmental income statements shows the following Sales Cost of goods sold 447,000 $283,000 $730,089 250,000 31,000 17,000 5,000 14,000 ,600 48,900 83,200 16,800 Deprec Total direct expenses Allocated expenses 52,000 31,200 18,720 12,450 1,200 Net income (lossExplanation / Answer
Solution:
3) Reconciling the Company's Combined Net Income with the Forecased Net Income Assuming that Department 200 is Eliminated:
ELEGANT DECOR COMPANY
Reconciliation of Combined Income With Forecasted Income
* The Below is the Calculation of the Expenses From Department 200:
ELEGANT DECOR COMPANY
Reconciliation of Combined Income With Forecasted Income
Combined Net Incomes $49,150 Less: Sale from Department 200 ($283,000) Add: Expenses from Department 200* $280,455 Forcasted Net Income $46,605Related Questions
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