User Account

All Pages

What would be the total annual financial impact

Assignment Help Managerial Accounting
Reference no: EM133053948

Question - A company is considering dropping a product line. Data from the company's budget for the upcoming year for this product line appear below:

Sales Revenue: $543,000

Variable costs: $159,000

Fixed manufacturing costs: $232,000

Fixed selling and administrative costs: $130,000

Further investigation has revealed that 51% of the fixed manufacturing costs and 33% of the fixed selling and administrative expenses are avoidable if the product were discontinued.

What would be the total annual financial impact from eliminating this product?

Reference no: EM133053948

Questions Cloud

Supply and storage of components in companies : For the supply and storage of components in companies, Production Managers have to implement the most efficient strategies.
What amount of compensation expense should company recognize : What amount of compensation expense should the company recognize in its income statement for the calendar year 2020
Prepare an income statement for each year using full costing : The variable manufacturing costs for STI are $13, and variable selling costs are only $0.40 per unit. Prepare income statement for each year using full costing
Compute the bond market value today : At the end of ten years, the company will have paid back the loan and they will have made ten payments. Compute the bond's market value today
What would be the total annual financial impact : Further investigation has revealed that 51% of the fixed manufacturing costs and 33% of the fixed selling. What would be the total annual financial impact
What are the estimated cash collections in Feb : Question - VIC Ltd forecasts the following sales figures for the first four months of 2022. What are the estimated cash collections in Feb
Write three observations on physical development : Write THREE observations on physical, cognitive and social development, making links to Early Years Learning Framework Outcomes
What entry should be made : What entry should be made if all stock warrants are exercised when the stock price is $50 per share
Specific production and operations system : Choose a specific production and operations system within a specific industry. Identify different elements that influences the quality of operational system

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd