of comput SS CSS CALCULATOR PRINTER VERSION BACK NEXT Problem 2-12 Clinton Unlimited produces and sells three lines of carpet economy, standard, and deluxe. Jeff Choi, the chief financial officer of the company has prepared the following report on the profitability in the past year. In the report, foxed costs are allocated based on yards of carpet. Yards of carpet Sales Less variable costs (dye, yam, labor, etc.) Less foed costs (depreciation, supervisory salaries, etc.) Profit loss) Economy Standard Deluxe Total 30,200 45,300 7 5,500 151,000 $325,000 $714,000 $1,539,400 $2,578,400 175,500 435,100 935,100 1,545,700 163.040 244,560 407.600 815,200 $(13.540) $34,340 $196,700 $217,500 Upon seeing the report, Matt Williams, the president of Clinton Unlimited, suggested that the company should consider dropping the economy grade and concentrate on the two other lines. Mell replied, however, that would lead to the cost allocation death soal Revise the report assuming the company drops the economy grade. (Enter loss using the negative in preceding the number . Standard Yards of carpet Deluxe 45 or parentheses (45) Less variable costs Lessfuced costs Proft loss) LINK TO TEXT If ether the standard or the delare grades is reporting a loss in parta, revise the report assuming that is also dropped. (En los singether a negative sin preceding the number .. Yards of carpet Less variable costs Less fixed costs Profit (loss) of comput SS CSS CALCULATOR PRINTER VERSION BACK NEXT Problem 2-12 Clinton Unlimited produces and sells three lines of carpet economy, standard, and deluxe. Jeff Choi, the chief financial officer of the company has prepared the following report on the profitability in the past year. In the report, foxed costs are allocated based on yards of carpet. Yards of carpet Sales Less variable costs (dye, yam, labor, etc.) Less foed costs (depreciation, supervisory salaries, etc.) Profit loss) Economy Standard Deluxe Total 30,200 45,300 7 5,500 151,000 $325,000 $714,000 $1,539,400 $2,578,400 175,500 435,100 935,100 1,545,700 163.040 244,560 407.600 815,200 $(13.540) $34,340 $196,700 $217,500 Upon seeing the report, Matt Williams, the president of Clinton Unlimited, suggested that the company should consider dropping the economy grade and concentrate on the two other lines. Mell replied, however, that would lead to the cost allocation death soal Revise the report assuming the company drops the economy grade. (Enter loss using the negative in preceding the number . Standard Yards of carpet Deluxe 45 or parentheses (45) Less variable costs Lessfuced costs Proft loss) LINK TO TEXT If ether the standard or the delare grades is reporting a loss in parta, revise the report assuming that is also dropped. (En los singether a negative sin preceding the number .. Yards of carpet Less variable costs Less fixed costs Profit (loss)
