{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T06:12:26-04:00", "answer_date": "2024-05-26 06:12:26", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1724735", "url": "\/study-help\/questions\/bed-bath-a-retailing-company-has-two-departmentshardware-and-1724735", "question_creation_date_js": "2024-05-26T06:12:26-04:00", "question_creation_date": "May 26, 2024 06:12 AM", "meta_title": "[Solved] Bed & Bath, a retailing company, has two | SolutionInn", "meta_description": "Answer of - Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contributi | SolutionInn", "meta_keywords": "bed,bath,retailing,company,two,departments-hardware,linens,s,recent,monthly,contribution,format", "question_title_h1": " Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contribution format income statement follows: Sales Variable expenses", "question_title": " Bed & Bath, a retailing company, has two departments-Hardware and Linens.", "question_title_for_js_snippet": "Bed Bath, a retailing company, has two departments Hardware and Linens The company's most recent monthly contribution format income statement follows Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Total $ 4,160,000 1,365,000 2,795,000 2,160,000 $ 635,000 Department Hardware $ 3,060,000 956,000 2,104,000 1,310,000 Linens $ 1,100,000 409,000 691,000 850,000 $ 794,000 $ (159,000) A study indicates that $375,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if the Linens Department is dropped In addition, the elimination of the Linens Department will result in a 15 decrease in the sales of the Hardware Department Required What is the financial advantage (disadvantage) of discontinuing the Linens Department Financial (disadvantage)", "question_description": "\"image", "transcribed_text": "Bed & Bath, a retailing company, has two departments-Hardware and Linens. The company's most recent monthly contribution format income statement follows: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) Total $ 4,160,000 1,365,000 2,795,000 2,160,000 $ 635,000 Department Hardware $ 3,060,000 956,000 2,104,000 1,310,000 Linens $ 1,100,000 409,000 691,000 850,000 $ 794,000 $ (159,000) A study indicates that $375,000 of the fixed expenses being charged to Linens are sunk costs or allocated costs that will continue even if the Linens Department is dropped. In addition, the elimination of the Linens Department will result in a 15% decrease in the sales of the Hardware Department. Required: What is the financial advantage (disadvantage) of discontinuing the Linens Department? Financial (disadvantage)", "related_book": { "title": "Financial Accounting", "isbn": "1118334329, 978-1118334324", "edition": "9th Edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/64b933c63095c_277.jpg", "uri": "\/textbooks\/financial-accounting-9th-edition-277", "see_more_uri": "" }, "free_related_book": { "isbn": "1178457478", "uri": "\/textbooks\/bookkeeping-and-accounting-1st-edition-9781178457476-96755", "name": "Bookkeeping And Accounting", "edition": "1st Edition" }, "question_posted": "2024-05-26 06:12:26", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/you-firm-needs-to-pay-its-british-supplier-1000000-if-632955", "description": "You firm needs to pay its British supplier 1,000,000. If the exchange rate is $1.61\/, how many dollars will you need to pay the British supplier? 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