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Extreme Sports Inc. is considering dropping their mountain bike segment. Information related to their mountain bike segment is as follows: $336,000 $215,000 Sales: Variable Expenses:

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Extreme Sports Inc. is considering dropping their mountain bike segment. Information related to their mountain bike segment is as follows: $336,000 $215,000 Sales: Variable Expenses: Fixed Expenses: General factory overhead: $150,000 If the segment is dropped, the general factory overhead would be reallocated to other segments. Using incremental analysis, how much would net income increase or decrease by if management were to drop the mountain bike segment? Net income would increase by $121,000 O Net income would decrease by $121,000 Net income would decrease by $150,000 Net income would increase by $150,000 Selling and administrative costs are examples of: O Direct labor. O Manufacturing costs. Nonmanufacturing costs. O Product costs. Wondrous Baking Co. had the following costs during the period: Shipping costs: Direct materials: Direct labor: Indirect materials: Indirect labor: Bakery heating and lighting: Insurance on bakery: Advertising $3,200 $14,300 $18,900 $4,400 $2,100 $5,600 $800 $8,000 Calculate Wondrous Baking Co.'s manufacturing overhead. $24,100 $33,200 O $11,200 O $12,900 Red Company is preparing a cash budget and estimates the following information for the coming period: $114,800 $15,100 $99.700 Total available cash: Beginning cash balance: Cash receipts Cash disbursements: Required minimum cash balance: $133,000 $15,000 What is the cash excess (deficiency) for the period? O ($117.900) deficiency O ($3,100) deficiency O ($15,000) deficiency O ($18,200) deficiency

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