I need all answers. I do not need work. Thanks!

arner Colleae 1. Hayworth Corporation has just segmented last years income statement into its ten lines. The chief executive officer (CEO) is curious as to what effect dropping o ne of the product lines at the beginning of last year would have had on overall company profit. What is the best the CEO to look at to determine the effect of this elimination on the net operating number income of the company as a whole? A) the product line's sales dollars B) the product line's contribution margin C) the product line's segment margin D) the prodduct line's segment margin minus an allocated portion of common fixed expenses 2. Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $60,000 for Division A. Division B had a contribution margin ratio of 40% and its sales were $300,000. Net operating income for the company was $40,000 and total combined traceable fixed expenses were $80,000. Corbel Corporation's common fixed expenses were: A) $140,000 B) $60,000 C) S100,000 D) $80,000 Misty Corporation has two divisions: the Beta Division and the Alpha Division. The Beta 3. Division has sales of $580,000, variable expenses of $301,600, and traceable fixed expenses of $186,500. The Alpha Division has sales of S510,000, variable expenses of $178,500, and traceable fixed expenses of $222,100. The total amount of common fixed expenses not traceable to the individual divisions is $235,500. What is the company's net operating income? A) 5374,400 B) $201,300 C) 5609,900 D) ($34,200) d Lerner er Colleg . Salsa Co. manufactures five flavors of salsa. Last year, Salsa Co. generated net operata income or $40,000 The following information was taken from last year's income statement segmented by flavor (brackets indicate a negative amount) Contribution Mild .00 s 35,000 s 50,000 162,000 (16,0005,00 7,00010.000 $ 940 10.000 s 10,000 s 10,000 10,000 less allocated (26.000) S (15,000) 5 3.00o) Salsa Co. expects similar operating results for the upcoming year. If the company wants to maximize its profitability in the upcoming year, which flavor or flavors should the company discontinue? A) no flavors should be discontinued B) Wimpy C) Wimpy and Mild D) Wimpy, Mild, and Medium 5. Gulinson Corporation has two divisions: Division A and Division B. Data from the most recent month appear below: Total Company Division A Division B $ 591,000 S 222,000 S369,000 162,360 206,640 129,000 Sales Variable expenses 275,580 113.220 315,420 108,780 195,000 66,000 120,420 S 42,7 65,010 Contribution margin Traceable fixed expenses Segment margin 780 S 77,640 Common fixed expenses Net operating income S 55,410 The break-even in sales dollars for Division A is closest to: A) $134,694 B) $184,531 C) $487,179 D) $267,367 alleae 6. Bertie Corporation has two divisions: Retail Division and Wholesale Division. data are for the most recent operating period The following Total Company Retail Division Division S 608,000 S 375,000 233,000 s 185,530 $ 90,000S 95,530 $ 303,000 S 217,000 86,000 Wholesale Sales Variable expenses Traceable fixed expenses The common fixed expenses of the company are $103,360. The company's overall break-even sales is closest to: A) $153,526 B) $431,289 C) 5526,014 D) $584,815 7. Sparks Corporation has a cash balance of $18,000 on April 1. The company must maintain a minimum cash balance of $10,000. During April, expected cash receipts are $98, disbursements during the month are expected to total $112,000. Ignoring interest payments, during April the company will need to borrow: A) $8,000 B) $2,000 C) $6,000 D) $4,000 8. Schuepfer Inc. bases its selling and administrative expense budget on budgeted unit sales. The sales budget shows 1,300 units are planned to be sold in March. The variable selling and administrative expense is $4.20 per unit. The budgeted fixed selling and administrative expense is $19,240 per month, which includes depreciation of $3,380 per month. The remainder of the fixed selling and administrative expense represents current cash flows. The cash disbursements for selling and administrative expenses on the March selling and administrative expense budget should be: A) S15,860 B) $5,460 C) S24,700 D) S21,320 e Which of the tollowing budgets are prepared before the sales budget? Direct Labor Budget Budgeted Income Statement No No D) makes collections on sales according to the following schedule: 10. The BRS Corporation 30% in month of sale 60% in month following sale 10% in second month following sale The following sales have been budgeted: Sales S 140,000 S 130,000 S 130,000 April Budgeted cash collections in June would be: A) $137,000 B) $85,000 C) 545,000 D) S123,000 Jeanclaude Corporation produces and sells one product. The budgeted selling price per unit II. is $105. Budgeted unit sales for July, August, September, and October are 7,400, 7,500, 13,800, and 15,300 units, respectively. All sales are on credit. Regarding credit sales, 40% are collected in the month of the sale and 60% in the following month. The budgeted accounts receivable balance at the end of August is closest to: A) S525,000 B) S315,000 C) $472,500 D) $787,500 Wasilko Corporation produces and sells one product: 12. The budgeted selling price per unit is $114. Budgeted unit sales for February is 9,900 units. a. b. Each unit of finished goods requires 6 pounds of raw materials. The raw materials cost $4.00 per pound The direct labor wage rate is $24.00 per hour. Each unit of finished goods requires 2.4 direct c. labor-hours d. Manufacturing overhead is entirely variable and is $9.00 per direct labor-hour e. The variable selling and administrative expense per unit sold is $1.60. The fixed selling and administrative expense per month is $70,000. The estimated net operating income (loss) for February is closest to: A) $50,000 B) 591,080 C) $21,080 D) $36,920 13. When using a flexible budget, a decrease in activity within the relevant range: A) decreases variable cost per unit. B) increases variable cost per unit. C) decreases total costs D) increases total costs. 14. Ohme Framing's cost formula for its supplies cost is S1,620 per month plus $13 per frame. For the month of April, the company planned for activity of 882 frames, but the actual level of activity was 878 frames. The actual total supplies cost for the month was $13,500. The total supplies cost in the flexible budget for April would be closest to: A. $13,086 B. $13,500 C. $13,034 3,027 Clinic uses client-visits as its measure of activity. During February, the clinic Goo slient-visits, but its actual level of activity was 2,550 client-visits. The clinic 2,5 following Data used in the plansing budget has provided the used in its budgeting and its actual resules for February Variable Flxed element element per per morth clent-vist Revenue $52 30 $15 50 2.50 Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses $29600 1,300 8.200 6.000 9 10 Actual resalts for February Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $138.875 $70.015 $24 335 $14.655 $8,880 17. The Chirico Clinic's personnel expenses in the planning budget for February would be closest to: A. $68,642 B. $70,015 C $69,125 D. $68,350 18. The Chirico Clinic's net operating income in the flexible budget for February would be closest to: A. $16,900 B. $23,450 C. $18,140 D. $22,539 19. An unfavorable materials quantity variance indicates that A) actual usage of material exceeds the standard material allowed for output. B) standard material allowed for output exceeds the actual usage of material. C) actual material price exceeds standard price. D) standard material price exceeds actual price