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Problem 1:
The most recent monthly income statement for Benner Stores is given below:
Total
Store A
Store B
Sales
54,000.000
81,600.000
$2,400,000
Variable expenses
2.520.000
640.000
I (3X0 Mx)
Contribution margin
1,680.000
960.000
720.000
Traceable fixed expenses
1 200 000
400.000
800 000
Store segment margin
480.000
3560 000
5f801001
Common fixed expenses
200 000
Net operating income
$280,000
Due to its poor showing, consideration is being given to closing Store B. Studies show that if Store B is closed, only one-fourth of its traceable fixed expenses will continue unchanged and the rest will be eliminated. The studies also show that closing Store B would result in a 10 percent decrease in sales and variable expenses in Store A.
Required:Calculate the monthly financial advantage (disadvantage) to Benner Stores ofgi Store B and label whether it is an advantage or disadvantage.
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