Business, 26.03.2020 04:22, vallhernandez13
Parino Company has three product lines in its retail stores: books, videos, and music. The allocated fixed costs are based on units sold and are unavoidable. Demand of individual products is not affected by changes in other product lines. Results of the fourth quarter are presented below:
Books Music Videos Total
Units sold 1,000 2,000 2,000 5,000
Revenue $ 24,000 $ 48,000 $ 30,000 $ 102,000
Variable departmental costs 15,000 22,000 23,000 60,000
Direct fixed costs 3,000 6,000 4,000 13,000
Allocated fixed costs 4,400 8,800 8,800 22,000
Net income (loss) $ 1,600 $ 11,200 $ (5,800 ) $ 7,000 Instructions:A. Prepare an incremental analysis of the effect of dropping the Video product line. B. Should Parino Eliminate the Videos? Briefly indicate why or why not.
Answers: 2
Business, 21.06.2019 15:30, slonekaitlyn01
Kayla and jada are roommates in new york city. both kayla and jada recently received pay raises. kayla now buys more movie tickets than before, but jada buys fewer. kayla behaves as if movie tickets are goods and jada's income elasticity of demand for movie tickets is
Answers: 2
Business, 21.06.2019 19:20, lukeperry
Astock with a beta of 0.6 has an expected rate of return of 13%. if the market return this year turns out to be 10 percentage points below expectations, what is your best guess as to the rate of return on the stock? (do not round intermediate calculations. enter your answer as a percent rounded to 1 decimal place.)
Answers: 2
Parino Company has three product lines in its retail stores: books, videos, and music. The allocated...
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