FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

BFBS is considering closing Store I. If Store I is closed, one-fourth of its traceable fixed expenses would continue unchanged. Also, the closing of Store

BFBS is considering closing Store I. If Store I is closed, one-fourth of its traceable fixed expenses would continue unchanged. Also, the closing of Store I would result in a 20% decrease in sales in Store II. BFBS allocates common fixed expenses on the basis of sales dollars.

Can anyone help me understand where the $55,000 comes from when store 1 closes?

image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Terminology

Accounting Terminology

Authors: Michael P Griffin

1st Edition

1423229371, 9781423229377

More Books

Students also viewed these Accounting questions

Question

★★★★★
Hugo Reyes Company had the following account balances at year-end: Cost of Goods Sold $60,000; Inventory $15,000; Operating Expenses $29,000; Sales Revenue $115,000; Sales Discounts $1,200; and Sales...

Answered: 1 week ago

Question

★★★★★
Ammonia at 0C, quality 60% is contained in a rigid 200-L tank. The tank and ammonia is now heated to a final pressure of 1 MPa. Determine the heat transfer for the process.

Answered: 1 week ago

Question

★★★★★
What can I learn from the experience to help me make a better decision the next time around?

Answered: 1 week ago

Question

★★★★★
(a) Rochelle Company ships merchandise to Jay Company on December 30. The merchandise reaches the buyer on January 6. Indicate the terms of sale that will result in the goods being included in (1)...

Answered: 1 week ago

Question

★★★★★
Constraints on borrowing. Country Farmlands, Inc. is considering the following potential projects for this coming year, but has only $200,000 for these projects: Project A: Cost $60,000, NPV $4,000,...

Answered: 1 week ago

Question

★★★★★
Find the 24th percentile, P24, from the following data 10.7 13.3 17.4 18.9 20.6 21.3 22.4 23.3 24.5 25.4 28.3 33.8 34.9 38.3 39.2 39.3 40.9 42.7 43.5 44.3 44.8 45.8 46.7 47.4 48.2 P24 = Enter an...

Answered: 1 week ago

Question

★★★★★
Be sure to follow the seven step paradigm when submitting this as a collected homework problem: 1. I want to and I can 2. Draw a diagram (if you can't visualize this in a diagram, see the next page)...

Answered: 1 week ago

Question

★★★★★
Directions: Perform an ethical penetration test on a website of your choice using one of the following tools. As an option, you can use Kali Linux through Oracle Virtual Box. Nmap:...

Answered: 1 week ago

Question

★★★★★
The Casual Furniture Company manufactures outdoor furniture and incurred the following costs during the month of January: $ Timber 31,998 Wages-assembly line personnel 19,499 Wages-factory supervisor...

Answered: 1 week ago

Question

★★★★★
A drug trial is attempted using a real drug and a pill made of just sugar. 18 people are given the real drug in hopes of increasing the calcium levels. The increase in calcium level is found to be on...

Answered: 1 week ago

Question

★★★★★
1. Using the TQM philosophy show how Disney or any other company can benefit from implementing lean method so that customers can experience their value for money. 2. Provide recommendations on how...

Answered: 1 week ago

Question

★★★★★
7. Also complete the following sentence: This core value is important to me when I ________________________. This is the situation this core value is important to you we are looking for here.

Answered: 1 week ago

Question

★★★★★
9. What type of competence is important to have and develop in order to strengthen the core value you want others to associate with you?

Answered: 1 week ago

Question

★★★★★
6. Identify a core value that is important to you and that you would like to strengthen in yourself. Write down this core value. Then complete the follow-ing sentence: This core value is important to...

Answered: 1 week ago

Previous Question Next Question