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leso Company has two stores: J and K. During November, leso Company reported a net operating income of $30,000 and sales of $450,000. The contribution

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leso Company has two stores: J and K. During November, leso Company reported a net operating income of $30,000 and sales of $450,000. The contribution margin in Store J was $100,000, or 40% of sales. The segment margin in Store K was $30,000, or 15% o sales. Traceable fixed expenses are $60,000 in Store J, and S40,000 in Store K. Use the above information to answer questions 51 & 52. 51. Sales in Store J totaled what amount in November? [hint: you may want to complete the table below if you need helpl A. $400,000 $250,000 C. $150,000 D. $100,000 Store Total CompanyJ 1100% 100% |$ 100% | $ Sales Less variable expenses Contribution margin Less traceable fixed expenses Store segment margin Less common fixed expenses not traceable to stores Net operating income 52. Variable expenses in Store K totaled: A. $70,000 B. $110,000 C. $200,000 (D $130,000 Hawkeye Company manufactures sweatshirts for schools, sporting goods stores, etc. and uses a traditional, job-order costing system that uses a single factory overhead cost pool and uses units produced as its single cost driver (allocation base). Following are budgeted amounts for the upcoming year: Unit sales Unit selling price 15,000 $60 $10 $8/hr 1.5 hrs/unitS12 per FG unit $120,000 $240,000 Direct materials/unit Direct labor rate Direct labor usage Variable factory overhead Fixed factory overhead Variable selling and G&A costs S 16,000 Fixed selling and G&A costs Budget production (units) Beginning inventory (units Finished goods inventory (units) 1,00 S 20,000 16,000 0- Use the information given above to answer questions 47-49. Compute the budgeted variable costing OI (operating income) fo year r the upcoming 47. D. S181,500 A. $174,000 B. $106,500 C. $194000

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