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please help! Hall Corporation runs two stores one in Medfield and one in Oakland Operating mcome for each store in 2020 is as follows Click

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Hall Corporation runs two stores one in Medfield and one in Oakland Operating mcome for each store in 2020 is as follows Click the icon to view the operating income) The equipment has zero disposal value Read the requirements Requirement 1. By closing down the Oakland store. Hall can reduce overall corporata avorhead costs by S02 000 Should Hall Corporation close down the Oakland store (Complete all input fields Enter losses in revenues as a negative amount Enter a of the cost is not tolevant of the netellect is an operating loss enter the amount with parentheses or a minus sign Requirements (Loss In Revenues) Savings in Costs from Closing Oakland Store 1 Revenues 2 Operating costs Cost of goods sold Variable operating costs (labor, utilities) Lease rent (renewable each year) Depreciation of equipment By closing down the Oakland store Hall can reduce overall corporate overhead costs by 392 000 Should Hall Corporation close down the Oakland store? Instead of closing down the Oakland store, Hall Corporation is thinking of opening another store with revenues and costs identical to the Oakland store (including a cost of $12,000 to acquire equipment with a 1 year useful life and zero disposal Value) Opening this store will increase corporate overhead costs by $14,000 Should Hall Corporation open another store like the Oakland store? Explain Allocated corporate overhead Total operating costs Print Done Effect on operating income (loss) Should Hall close down the Oakland store? The loss of revenues is The cost savings is Which cost will not be saved because it is a past cost? Requirement 2. Instead of closing down the Oakland store Hall Corporation is thinking of opening another store with revenues and costs identical to the Oakland store (including a cost of $42.000 to acquire equipment with a one-year useful life and zero disposal value) Opening this store will increase corporate overhead costs by $14 000 Should Hall Corporation open another store like the Oakland store? Explain Begin by calculating Hall's operating income if it keeps the Oakland store open and opens another store with revenues and costs identical to the Oakland store. (If the net effect is an operating loss, enter the amount with parentheses or a minus sign) Data Table Incremental Revenues (Incremental Costs) of Opening New Store Like Oakland Store Medfield Oakland Store Store $ 2,600,000 $ 1550 000 Revenues Operating costs Cost of goods sold Variable operating costs (labor, utilities) Lease rent (renewable each year) Depreciation of equipment Revenues Operating costs Cost of goods sold Variable operating costs (labor, utilities) Lease rent (renewable each year) Depreciation of equipment Allocated corporate overhead 1 310,000 150,000 1,100,000 200 000 156,000 47 500 80,000 155 000 Allocated corporate overhead 44.000 84000 Total operating costs Total operating costs 1,583 500 1.743 000 Effect on operating income (loss) $ 1016,500 $ (193,000) Operating income (loss) Hall Corporation open another store like the Oakland store because it

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