Business, 14.03.2020 04:23 ssiy

ServicePro provides two kinds of services. During the most recent accounting period, the two service lines produced the following operating results:

Service 1 Service 2
Service revenue $ 110,000 $ 40,000
Unit-level materials $ (26,000 ) $ (8,000 )
Unit-level labor $ (36,000 ) $ (20,000 )
Product-level selling & administrative costs $ (16,000 ) $ (9,500 )
Company wide facility-level costs $ (4,000 ) $ (4,000 )
Net income $ 28,000 $ (1,500 )

If the company stops providing Service 2:

The company's income will increase by $3,500 per year.
The company's income will decrease by $3,500 per year.
The company's income will increase by $2,500 per year.
The company's income will decrease by $2,500 per year.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 16:10

The brs corporation makes collections on sales according to the following schedule: 30% in month of sale 66% in month following sale 4% in second month following sale the following sales have been budgeted: sales april $ 130,000 may $ 150,000 june $ 140,000 budgeted cash collections in june would be:

Answers: 1

Answer

Business, 22.06.2019 19:30

Each row in a database is a set of unique information called a(n) table. record. object. field.

Answers: 3

Answer

Business, 22.06.2019 20:40

Which of the following is true concerning the 5/5 lapse rule? a) the 5/5 lapse rule deems that a taxable gift has been made where a power to withdraw in excess of $5,000 or five percent of the trust assets is lapsed by the powerholder. b) the 5/5 lapse rule only comes into play with a single beneficiary trust. c) amounts that lapse under the 5/5 lapse rule qualify for the annual exclusion. d) gifts over the 5/5 lapse rule do not have to be disclosed on a gift tax return.

Answers: 1

Answer

Business, 22.06.2019 20:40

Owns a machine that can produce two specialized products. production time for product tlx is two units per hour and for product mtv is four units per hour. the machine’s capacity is 2,100 hours per year. both products are sold to a single customer who has agreed to buy all of the company’s output up to a maximum of 3,570 units of product tlx and 1,610 units of product mtv. selling prices and variable costs per unit to produce the products follow. product tlx product mtv selling price per unit $ 11.50 $ 6.90 variable costs per unit 3.45 4.14 determine the company's most profitable sales mix and the contribution margin that results from that sales mix.

Answers: 3

Answer

You know the right answer?

ServicePro provides two kinds of services. During the most recent accounting period, the two service...

Questions