Royal Lawncare Company produces and sells two packaged products - Weedban and Greengrow. Revenue and cost information relating to the products follow: Last year the company produced and sold 39,000 units of Weedban and 23,000 units of Greengraw. Its annual common fixed expenses are $113,000 Required: Prepare a contribution format income statement segmented by product lines. [The following information applies to the questions displayed below] Ranet, Harris and Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices-one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: Required: 1.a. Compute the companywide break-even point in dollar sales 1.b. Compute the break-even point for the Chicago office and for the Minneapolls atfice 1.c. Is the companywide break-even point greater than, less than, or equal to the sum of the Chicago and Minneapolis break-even points? Required information [The following information applies to the questions displayed below] Raner, Harris and Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices - one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: By how much would the company's net operating income increase if Minneapoits increased its sales by $75,000 per year? Assume change in cost behavor pattems. Required information [The following information applies to the questions displayed below] Raner. Harris and Chan is a consulting firm that specializes in information systems for medical and dental clinics. The firm has two offices - one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as variable costs. A contribution format segmented income statement for the company's most recent year is given: Assume that Minneapolis' sales by major market are. The company would like to theiste an intensive abvertising campoign in one of the two market segments during the next monus. Ine cerpaign woud cost $5.000. Marketing studies indicate that such a campaign would increase sales in the Medical market by $40,000 of inciexe waies in the Dental makot by 535000 Required: 1. Hyow maich woild the conpany's profits increase fdecreatef if it implemented the advertung campoign in the Medical Market? 2. How much would the company's profits increase (decieses) if it in plemersed the adverting compaign in the Dental Market? 3. th which of the markets would you recommend that the company focis its adveitising campaigh? Cinnglete thes qaestion toy entering Your atiswers in the tabs thekow. Required: 1. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Medical Market? 2. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Dental Market? 3. In which of the markets would you recommend that the company focus its advertising campaign? Complete this question by entering your answers in the tabs below. How much would the company's profitg increase (decrease) if it implemented the advertising campaign in the Medical Market? Kreten Lu purchased a used automobile for $28,600 at the beginning of last year and incurred the following operating costs The varlable operating cost consists of gasoline, oil, tires, maintenance, and repairs. Kristen estimates that, at her cutrent rate of usage the car will have zero resale value in five years. so the annual straight-line depreciation is 55.720. The car is kept in a garage for a monthly fee Required: 1. Kristen drove the car 22,000 miles last year. Compute the average cost per milie of owning and operating the car. (Round your answers to 2 decimal pleces.) Required information The following information applies to the questions displayed befow] Raner, Hartisand Chan is a consulting fim that specializes in information systems for medical and dental clinics The firm has two offices - one in Chicago and one in Minneapolis. The firm classifies the direct costs of consulting jobs as-variable costs. A contribution format segmented income statement for the company's most recent year is given: Assume that Minneapolis' sales by major market are: Asrume that Minneapolis' sales by major market are The compary would like to initiate an intensive advertising campaign in one of the two market segments during the next month. The campaign would cost $5,000. Marketing studies indicate that such a campaign would increase sales in the Medical market by $40.000 or increase sales in the Dental market by $35,000. Required: 1. How much would the companyss profits increase (decrease) if it implemented the advertising campaign in the Medical Market? 2. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Dental Market? 3. In which of the markets would you recommend that the company focus its advertising campaign? Complete this question by entering your answers in the tabs below. Required: 1. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Medical Market 2 How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Dental Market? 3 In which of the markets would you recommend that the company focus its advertising campaign? Complete this question by entering your answers in the tabs below. How much would the company's profits increase (decrease) if it implemented the advertising campaign in the Medical Market
