Info
Warning
Danger
/ Homework Answers / Finance / Question Licuado Juice Company has four product lines: Orange, Tomato, Carrot,

Question

Question

Licuado Juice Company has four product lines: Orange, Tomato, Carrot, and Grape. Shown below is last year's income statement segmented by product line:

.........................................................Orange..............Tomato.........Carrot.............Grape

Net operating income last year for Licuado Juice Company as a whole was $ 24,800

If the Tomato product line would have been dropped at the beginning of last year, how would this have changed the net operating income of Licuado Juice Company as a whole?

a) $ 2,400 increase

b) $ 12,000 decrease

c) $ 5,400 increase

d) $ 12,800 decrease

sales

$        60,000

$        32,000

$        24,000

$        44,000

variable expenses

22800

11200

12000

17600

contribution margin

           37,200

           20,800

           12,000

           26,400

traceable fixed expenses

12000

8000

9000

6600

segment margin

$        25,200

$        12,800

$          3,000

$        19,800

 

Solution
5 (1 Ratings )

Solved
Finance 8 Months Ago 22 Views
This Question has Been Answered!
Premium Content -

Welcome Back!

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Forgot?
Login
Don't have an account? Signup

Join ScholarOn

ScholarOn has more then 20 Million answers, flashcards & more being added everyday!

or
Signup
By registering, I agree to the Terms and Privacy Policies
Already have an account? Log in

Thank You For Registering

Please Vreify Your Email Address

Resend Link
Verification Mail Send Successfully. Please Check Your Email.

Forgot Password

Please enter your registered email to recieve the password reset link.

Send reset link
Already have an account? Log in
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!

d
Let us boost your grade together!

Get 24/7 homework help from Experts

Let our knowledge be your backup

1

Submit your homework question or assignment

2

Receive a quote & Make the Payment

3

Sit Back & Relax to Earn Better Grades!

Drag files here or Browse your Device

Maximum file size 10MB
17,475 Accounting Questions Answered! Get Answer

We are The Best Because

  • On Time Delivery
  • Plagiarism ReportFree
  • Unlimited RevisionsFree
  • 100% Privacy & Confidential
  • 24/7 Live Chat Support
4.9 (15875 Ratings)
You can communicate directly with your expert until the solution quality is delivered to your complete satisfaction.
Looking for writing help?
Did you know?

ScholarOn has more than 2 Million+ answers, textbook solutions & flashcards. Explore Now!