CengageN X * Course He X Course He X Course He X Course He X * Course He X PortalGuar X My Sac Ste X <_> Dashboard X + X v2.cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false To Chapter 25 1 eBook 1. EX.25.01.ALGO Differential Analysis for a Discontinued Product ? The condensed product-line income statement for Rhinebeck Company for the month of October is as follows: 2. EX.25.02.ALGO Rhinebeck Company 3. EX.25.04.ALGO Product-Line Income Statement For the Month Ended October 31 4. EX.25.07.ALGO Hats Gloves Mufflers Sales $64,700 $89,800 $26,600 5. EX.25.10.ALGO Cost of goods sold (27,300) 32,600) (13,800) 6. EX.25.13 Gross profit $37,400 $57,200 $12,800 7. EX.25.14.ALGO Selling and administrative expenses (28,700) (35,700) (15,800) Operating income (loss) $8,700 $21,500 $(3,000) 8. EX.25.17 ALGO Fixed costs are 15% of the cost of goods sold and 36% of the selling and administrative expenses. Rhinebeck Company assumes that fixed costs would 9. EX.25.19.ALGO not be materially affected if the Gloves line were discontinued. a. Prepare a differential analysis dated October 31 to determine if Mufflers should be continued (Alternative 1) or discontinued (Alternative 2). If an amount is zero, enter "0". If required, use a minus sign to indicate a loss. Differential Analysis Continue (Alt. 1) or Discontinue (Alt. 2) Mufflers October 31 Continue Discontinue Differential Mufflers Mufflers Effects (Alternative 1) (Alternative 2) (Alternative 2) Progress: 3/9 items Check My Work 3 more Check My Work uses remaining. Previous Next 1:23 PM Type here to search O ? Rain off and on ~ 9 9 11/1/2022CengageN X *Homework X Course He X Course He X Course He X Course He X PortalGuar X My Sac Ste X <_> Dashboard X + X -CD v2.cengagenow.com/ilmn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false To AIM Chapter 25 1 eBook Selling and administrative expenses (28,700) 35,700 15,800 1. EX.25.01.ALGO Operating income (loss) $8,700 $21,500 $(3,000) ? 2. EX.25.02.ALGO Fixed costs are 15% of the cost of goods sold and 36% of the selling and administrative expenses. Rhinebeck Company assumes that fixed costs would not be materially affected if the Gloves line were discontinued. 3. EX.25.04.ALGO a. Prepare a differential analysis dated October 31 to determine if Mufflers should be continued (Alternative 1) or discontinued (Alternative 2). If an 4. EX.25.07.ALGO amount is zero, enter "0". If required, use a minus sign to indicate a loss. Differential Analysis 5. EX.25.10.ALGO Continue (Alt. 1) or Discontinue (Alt. 2) Mufflers October 31 6. EX.25.13 Continue Discontinue Differential Mufflers Mufflers Effects 7. EX.25.14.ALGO (Alternative 1) (Alternative 2) (Alternative 2) Revenues 8. EX.25.17 ALGO Costs: Variable cost of goods sold 9. EX.25.19.ALGO Variable selling and admin. expenses Fixed costs Profit (Loss) b. Should the Mufflers line be retained? Progress: 3/9 items Check My Work 3 more Check My Work uses remaining. Previous Next Type here to search Rain off and on 915 1:24 PM O 11/1/2022