Johnson Company: Use this information to answer questions (a…
Johnson Company: Use this information to answer questions (a) and (b) in the following fields. Johnson Company is considering closing Division X, whose income statement shows the following for the year ended December 31: Sales $1,000,000 Cost of goods sold (800,000) Selling expenses (100,000) Administrative expenses (250,000) Net loss $ (150,000) Cost of goods sold is 75 percent variable and 25 percent fixed. Of the fixed costs of good sold, 60 percent are avoidable if the division is closed. All selling expenses and 10 percent of administrative expenses would be eliminated if Division X were closed. The remaining 90 percent of administrative expenses are allocated from corporate headquarter costs. Johnson Company would reduce headquarter costs if it closes more than two divisions at once. If Division X were closed, Johnson’s income would (a) increase or decrease by (b) $_________________.
Read DetailsZordan Tools Corporation makes and sells brushes and combs….
Zordan Tools Corporation makes and sells brushes and combs. The following data are pertinent to each respective product: Brushes Combs Selling price per unit $52 $54 Direct material per unit $23 $15 Direct labor hours per unit 0.5 hours 0.4 hours Variable overhead per unit $16 $29 The company hires 5 employees, each working up to 8 hours per day. They are paid $20 per hour. Assuming the company can sell all that it produces, it should produce [brushes] units of brushes and [combs] units of combs per month (assuming a 30-day month).
Read DetailsCrammers Rule Q1. Use Crammer’s rule to find the solution to…
Crammers Rule Q1. Use Crammer’s rule to find the solution to the following augmented matrix. Show your work, and clearly circle the values of the determinate of the coefficient matrix D, then that of , and Please note I am using the notation given in Instructor Video. Using Cramer’s rule to solve a 3×3 system
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