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I can't figure out what I did wrong here, Required information [The following information applies to the questions displayed below.] Suresh Co. expects its five
I can't figure out what I did wrong here,
Required information [The following information applies to the questions displayed below.] Suresh Co. expects its five departments to yield the following income for next year. Dept. N 35,000 Dept. M $63,000 Dept. 0 $56,000 Dept. P $42,000 Dept. T $ 28,000 Total $224,000 Sales Expenses Avoidable Unavoidable $120,400 $107,800 228,200 9,800 51,800 36,400 12,600 49,000 22,400 4,200 26.600 14,000 29,400 43,400 37,800 9,800 47,600 Total expenses 61,600 $(14,000) Net income (loss) 1,400 $29,400 $(1,400) $(19,600) (4,200) Recompute and prepare the departmental income statements (including a combined total column) for the company under each of the following separate scenarios. 1) Management eliminates departments with expected net losses. Answer is complete but not entirely correct. DEPARTMENTS WITH EXPECTED NET LOSSES ELIMINATED Total Dept. M Dept. N Dept. P Dept. T Dept. O $ 63,000 0 $56,000$ 42,000 Sales 161,000 Expenses: 0 14,000 x 0 22,400 46,200 Avoidable 9,800 12,600 4,200 9,800 107,800 Unavoidable 51,800 29,400 Total expenses 61,600 12,600 26,600 43,400 9,800 154,000 Net income (loss) $ (9,800) $ 29,400 $ (1,400) $ $ 1,400 (12,600) 7,000Step by Step Solution
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