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Question 26 Williams Sisters Specialties produces three versions of tennis racquets: wood, aluminum, and carbon fiber. A condensed segmented income statement for a recent period
Question 26 Williams Sisters Specialties produces three versions of tennis racquets: wood, aluminum, and carbon fiber. A condensed segmented income statement for a recent period follows: Sales Wood Aluminum Carbon Fiber Tota $700,000 $300,000 $100,000 $1,100,000 Variable expenses 500,000 210,000 87.000 797,000 Contribution margin 200,000 90,000 13,000 303,000 100,000 32.000 50.000 Fixed expenses 182.000 Net income (loss) $100.000 $ 40,000 $19.000 $121.000 Assume one-half of the fixed expenses for the carbon fiber line are avoidable. What will be total net income if the line is dropped? $124,000 O $61.500 Net $140,000 $127,000 Previous X omputers, or other internet-enabled devices should make an appearance. Question 25 5.72 Snyder Company can make 10,000 units of a necessary component part with the following costs: $300,000 Direct Materials Direct Labor 62,500 Variable Overhead 112,500 Fixed Overhead 75,000 If Snyder can purchase the component externally for $475,000 and only $12.500 of the fuxed costs can be zoided, what's the correct make-or-buy decision? Make and save $12,500 Buy and save $12,500 Buy and save $37,500 Make and save $37,500 ious Canvas Question 33 Silver Corp. had the following transactions during 2022 1. Issued $200,000 of par value common stock for cash, 2. Recorded and paid wages expense of $150,000. 3. Acquired land for $80,000 cash. 4. Declared and paid cash dividends of $15,000. 5. Sold a long-term investment (cost $35,000) for cash of $35,000 6. Recorded cash sales of $1,000,000 7. Bought inventory for cash of $300,000 8. Acquired an investment in Platinum Co. stock for land valued at $25.000 9. Converted bonds payable to common stock in the amount of $500.000 10. Repaid a 6-year note payable in the amount of $500,000, What is the net cash provided (used) by investing activities? $170,000). $10,000 $130,000 ($85,000). Previous
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