Solution-What would operating income have been for the

What would operating income have been for the company

Assignment Help Managerial Accounting

Reference no: EM133040009

Problem - Sheridan Trivia Co. manufactures and sells two trivia products, the Square Trivia Game and the Round Trivia Game. Last quarter's operating profits, by product and for the company as a whole were as follows:

	Square	Round	Total
Sales revenue	$15,500	$6,610	$22,110
Variable expenses	4,830	2,990	7,820
Contribution margin	10,670	3,620	14,290
Fixed expenses	2,930	4,200	7,130
Operating income	$7,740	$(580)	$7,160

Forty percent of the Round Game's fixed costs could have been avoided if the game had not been produced or sold.

If the Round Game had been discontinued before the last quarter, what would operating income have been for the company as a whole?

Reference no: EM133040009

Questions Cloud

How many of each product should Carla Vista Co produce : The company has only 1,700 direct labor hours available to commit to production of any new products. How many of each product should Carla Vista Co produce

Challenges in the philippine science education : 1) Give 3 challenges in the Philippine Science Education and suggest ways and strategies on how science Education can address these.

Identify own professional development needs : Assume you are working as a Manager at ABC Company and you manage 10 junior customer service officers. You are interested in taking on more managerial roles and

Cannabusiness challenges and tips : Cannabusiness Challenges and Tips What are three challenges in starting a cannabusiness?

What would operating income have been for the company : If the Round Game had been discontinued before the last quarter, what would operating income have been for the company as a whole

Pros and cons of a confrontation meeting : What may be some pros and cons of a confrontation meeting with employees to announce change initiatives?

Mathematical fundamentals to software engineering : Demonstrate a working knowledge of mathematical fundamentals to software engineering and Apply discrete mathematics, pre-calculus, geometry

Describe the roles of the world bank : Describe the roles of the World Bank (WB), International Monetary Fund (IMF), and World Trade Organization (WTO) in the acceleration of globalization.

Example of the work completed in the pert chart : Build a Gantt chart to show an example of the work completed in the PERT chart the group has provided, please show the Gantt chart at ~75% of completed task.

User Account

All Pages

What would operating income have been for the company

Reference no: EM133040009

Reference no: EM133040009

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT