{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T18:09:49-04:00", "answer_date": "2024-05-26 18:09:49", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1753266", "url": "\/study-help\/questions\/question-16-ironbike-inc-sells-three-types-of-bikes-road-1753266", "question_creation_date_js": "2024-05-26T18:09:49-04:00", "question_creation_date": "May 26, 2024 06:09 PM", "meta_title": "[Solved] Question 16 IronBike, Inc. sells three ty | SolutionInn", "meta_description": "Answer of - Question 16 IronBike, Inc. sells three types of bikes: Road, Mountain, and Kids. Departmental operating income data fo | SolutionInn", "meta_keywords": "question,16,ironbike,inc,sells,three,types,bikes,road,mountain,kids,departmental", "question_title_h1": " Question 16 IronBike, Inc. sells three types of bikes: Road, Mountain, and Kids. Departmental operating income data for the second quarter are as follows:", "question_title": " Question 16 IronBike, Inc. sells three types of bikes: Road, Mountain,", "question_title_for_js_snippet": "Question 16 IronBike, Inc sells three types of bikes Road, Mountain, and Kids Departmental operating income data for the second quarter are as follows IronBike, Inc Income Statement For the Quarter Ended June 30, 2021 Sales Variable Costs Contribution Margin Fixed Costs Road Mountain Kids $308,100 $292,300 $112,500 $712,900 $145,300 $143,500 $89,000 $377,800 Total $162,800 $148,800 $23,500 $335,100 $38,200 $31,300 $30,100 $99,600 Operating Income (Loss) $124,600 $117,500 ($6,600) $235,500 Fixed costs assigned to each department include only fixed costs of that department If the department were dropped, IronBike, Inc will not incur these fixed costs Would you recommend the elimination of Kids Bikes Give supporting computations Select an answer Kids Bikes Expected change in revenue Expected decrease total Variable Costs Expected change in Fixed Costs Expected change in Total Costs Expected change in Operating Income", "question_description": "\"image", "transcribed_text": "Question 16 IronBike, Inc. sells three types of bikes: Road, Mountain, and Kids. Departmental operating income data for the second quarter are as follows: IronBike, Inc. Income Statement For the Quarter Ended June 30, 2021 Sales Variable Costs Contribution Margin Fixed Costs Road Mountain Kids $308,100 $292,300 $112,500 $712,900 $145,300 $143,500 $89,000 $377,800 Total $162,800 $148,800 $23,500 $335,100 $38,200 $31,300 $30,100 $99,600 Operating Income (Loss) $124,600 $117,500 ($6,600) $235,500 Fixed costs assigned to each department include only fixed costs of that department. If the department were dropped, IronBike, Inc. will not incur these fixed costs. Would you recommend the elimination of Kids Bikes? Give supporting computations. Select an answer Kids Bikes Expected change in revenue Expected decrease total Variable Costs Expected change in Fixed Costs Expected change in Total Costs Expected change in Operating Income", "related_book": { "title": "Accounting", "isbn": "130898414, 9780132997379, 978-0130898418, 132997371, 978-0132569309", "edition": "9th Edition", "authors": "Charles T. Horngren, Walter T. Harrison Jr., M. Suzanne Oliv", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/83.jpg", "uri": "\/textbooks\/accounting-9th-edition-83", "see_more_uri": "" }, "free_related_book": { "isbn": "0393929809", "uri": "\/textbooks\/physics-for-engineers-and-scientists-3rd-edition-9780393929805-125298", "name": "Physics For Engineers And Scientists", "edition": "3rd Edition" }, "question_posted": "2024-05-26 18:09:49", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/multiple-choice-questions-1-if-a-company-has-a-25000", "description": "Multiple Choice Questions 1. 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