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22) Riverside Industries has three product lines, A, B, and C. The following information is available: Sales Variable costs Contribution margin Fixed costs: $100,000 $920,000

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22) Riverside Industries has three product lines, A, B, and C. The following information is available: Sales Variable costs Contribution margin Fixed costs: $100,000 $920,000 $24,000 $44,000 $42,000 $9,000 Avoidable Unavoidable 9,000 18,000 9.000 Operating income $9,000 $1500 7.200 Riverside Industries is thinking of dropping product line C because it is repo rting a loss. will Assuming Riverside drops line C and does not replace it, the operating income decrease by $6,000 B) increase by $1700 D) increase by $9,400 C) decrease by $9,000 23) The most recent income statement for the Strongsville Branch of the July Company is presented below Sales Variable costs Contribution margirn Fixed costs: $57,000 13,500 Avoidable Unavoidable Operating income The July Company is thinking of eliminating the Strongsville Branch because it is showing a loss. If the Strongsville Branch is eliminated, July's operating income wil A) not change C) decrease $25,500 decrease $12,000 D) increase $8,000 24) LeBron Corporation manufactures two products, XX and YY. The following information was gathered: Yy Selling price per unit Variable cost per unit $37.00 32.00 $26.00 22.00 Total fixed costs $18,000 If LeBron Corporation could produce and sell either 10,000 units of XX or 5,000 units of YY at full capacity, it should produce and sell A) 5,000 units of YY and none of XX B) either XX or YY because LeBron is indifferent between XX and YY 10,000 units of XX and none of YY ) 3,000 units of YY and 4,000 units of XX IK the answers, but can o cxplain step by step hedl od wt get the dnsuer fr ach caeh

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