ook Calculator Segment variable costing Income statement and effect on income of change in operations Instruction Labels and Amount Descriptions Variable Costing Income Statement - Proposal 1 Additional Question Proposal 2 Label and Amount Descriptions Instructions Valdespin Company manufactures three sizes of camping tents-wall (S. medium (M), and large (). The income statement has consistently indicated a nations for the site, and management is considering three proposals (1) continue Siro M. in discontinue Site Mand reduce total output accordingly, or (3) discontinue Size Mand conduct an advertising campaign to expand the sales of Sire so that the entire part poly concie to be used It Proposal 2 is selected and Sire Mis discontinued and production cutsled, the annual fixed production costs and fand operating expenses could be reduced by $4,000 and $32.240, respectively Proposal is acted, it is pedal on endture of 4.560 for the rental of additional warehouse space wayed an online sales volume. It is assumed that the increased production des de terceressed by the discontinuance of Sre M The sales and cove been relatively tale over the past few years, and they are expected to remain for the forestiere. The one to the past year ended June 30, 2010, For the Year Ended June 30, 2019 Feed costs June 2010 Amount Description Corrbution margin Cost of goods sold Mancing Operating expenses Groupon Income from operations Marvaring in Sales Totado Variable cost of goods sold Wable operating expenses SS $68.000 SM 2.300.00 12.361.460.00 Cost of goods 5900.000.00 51090360.00 76000 172800.00 Hot Total cost of goods sold SS120.00 13025000 9.17.00 $21.93000 438000 170.00 51480.310.00 SEO AS000 5345.800.00 51124000 518.500 $19530.00 135.000 1481100 1114000 7400 1000 10 penting per come WINDO OD 11450.00 Previous O Hy won Calculator Segment variable cesting income Matement and effect on income of change in operations Instructions Labels and Amount Descriptions variable Costing Income Statement - Proposal 1 Additional Question - Proposal 2 Variable Couting Income Statement Proposal 1 Shaded cells have feedback Additional Question - Proposal 2 Shaded celstve feedback 1. Prepare an income statement for the past year in the variable costing format Dute for each style should be reported through comebution mayin The Pied costs should be deducted from the contribution margins, as reported in the Totalcom, to determine income from operations. Refer to relishel Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading Acolon () will focal appear as required Enteral amounts as posterumbers 2 Based on the income statement prepared in (1) and the other data presented in the amount by which totala income from operation would be reduced below is present lower Proposal com a fost incurred, enter that amount as a negative number Scare: 21/144 S Valdespin Company Variable Costing Income Same Point SM Sarl Feedback 5 + 3 1 10 10 Points Previous Ched. My Work All make Submit Anger for Grade Book Calculator Segment variable costing Income statement and effect on income of change in operations Instructions Labels and Amount Descriptions Variable Costing Income Statement - Proposal 1 Additional Question - Proposal 2 Variable Costing Income Statement - Proposal Shaded cols have foodtrack Final Question Shaded calls have feedback 4. By how much would wal income increase above es present level Proposal 3 is pred 3. Prepare an income statement in the variable cost format Indicating the projected annual income from operations Proposal 3 is compiled Data for each style should be reported through corebution margin. The fired costs should be deducted from the total contribution margin as reported in the ar columFor purposes of this problee, the expenditure et $34.50 for the rental of additional warehouse space can be added to the fired operating expenses Adler to the late of Label and Amount Descriptions for the exact wording of the answer choice for at entries. Be sure to complete the statement heading Acolon) will automatically required. Ewalamounts as positive numbers Points 0/1 Question not attempted Score: 124 Check My Work Valdon Company Variable Corting Income Statement (Label Sars Subtract income computed in Regt hom one in leg 3 SL Total 2 3 4 3 3 9 11 P0/30 Check My Work Previous All worked Save and Submit Anment for Grang ook Calculator Segment variable costing Income statement and effect on income of change in operations Instruction Labels and Amount Descriptions Variable Costing Income Statement - Proposal 1 Additional Question Proposal 2 Label and Amount Descriptions Instructions Valdespin Company manufactures three sizes of camping tents-wall (S. medium (M), and large (). The income statement has consistently indicated a nations for the site, and management is considering three proposals (1) continue Siro M. in discontinue Site Mand reduce total output accordingly, or (3) discontinue Size Mand conduct an advertising campaign to expand the sales of Sire so that the entire part poly concie to be used It Proposal 2 is selected and Sire Mis discontinued and production cutsled, the annual fixed production costs and fand operating expenses could be reduced by $4,000 and $32.240, respectively Proposal is acted, it is pedal on endture of 4.560 for the rental of additional warehouse space wayed an online sales volume. It is assumed that the increased production des de terceressed by the discontinuance of Sre M The sales and cove been relatively tale over the past few years, and they are expected to remain for the forestiere. The one to the past year ended June 30, 2010, For the Year Ended June 30, 2019 Feed costs June 2010 Amount Description Corrbution margin Cost of goods sold Mancing Operating expenses Groupon Income from operations Marvaring in Sales Totado Variable cost of goods sold Wable operating expenses SS $68.000 SM 2.300.00 12.361.460.00 Cost of goods 5900.000.00 51090360.00 76000 172800.00 Hot Total cost of goods sold SS120.00 13025000 9.17.00 $21.93000 438000 170.00 51480.310.00 SEO AS000 5345.800.00 51124000 518.500 $19530.00 135.000 1481100 1114000 7400 1000 10 penting per come WINDO OD 11450.00 Previous O Hy won Calculator Segment variable cesting income Matement and effect on income of change in operations Instructions Labels and Amount Descriptions variable Costing Income Statement - Proposal 1 Additional Question - Proposal 2 Variable Couting Income Statement Proposal 1 Shaded cells have feedback Additional Question - Proposal 2 Shaded celstve feedback 1. Prepare an income statement for the past year in the variable costing format Dute for each style should be reported through comebution mayin The Pied costs should be deducted from the contribution margins, as reported in the Totalcom, to determine income from operations. Refer to relishel Labels and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to complete the statement heading Acolon () will focal appear as required Enteral amounts as posterumbers 2 Based on the income statement prepared in (1) and the other data presented in the amount by which totala income from operation would be reduced below is present lower Proposal com a fost incurred, enter that amount as a negative number Scare: 21/144 S Valdespin Company Variable Costing Income Same Point SM Sarl Feedback 5 + 3 1 10 10 Points Previous Ched. My Work All make Submit Anger for Grade Book Calculator Segment variable costing Income statement and effect on income of change in operations Instructions Labels and Amount Descriptions Variable Costing Income Statement - Proposal 1 Additional Question - Proposal 2 Variable Costing Income Statement - Proposal Shaded cols have foodtrack Final Question Shaded calls have feedback 4. By how much would wal income increase above es present level Proposal 3 is pred 3. Prepare an income statement in the variable cost format Indicating the projected annual income from operations Proposal 3 is compiled Data for each style should be reported through corebution margin. The fired costs should be deducted from the total contribution margin as reported in the ar columFor purposes of this problee, the expenditure et $34.50 for the rental of additional warehouse space can be added to the fired operating expenses Adler to the late of Label and Amount Descriptions for the exact wording of the answer choice for at entries. Be sure to complete the statement heading Acolon) will automatically required. Ewalamounts as positive numbers Points 0/1 Question not attempted Score: 124 Check My Work Valdon Company Variable Corting Income Statement (Label Sars Subtract income computed in Regt hom one in leg 3 SL Total 2 3 4 3 3 9 11 P0/30 Check My Work Previous All worked Save and Submit Anment for Grang