Explain using the sales and cost data
business. And please explainline of hing clot sPlease help: ABC department Store. By your analysis, should thetore drop the . Thank you.
Group Activity For this activity you will remain with the group you worked with for the first group assignment. Your group will consider the following case and present its findings. The ABC department store has three major product lines: hardware, clothing, and sporting goods. The store is considering dropping the clothing line because the income statement shows that it is operating at a loss. Note the income statement for these product lines below: Hardware Clothing Sporting Goods Total Sales $10,000 $15,000 $25,000 $50,000 Less: Variable costs $6,000 $8,000 $12,000 $26,000 Contribution Margin $4,000 $7,000 $13,000 $24,000 Less: Fixed costs Direct $2,000 $6,500 $4,000 12,500 Allocated $1,000 $1,500 $2,500 $5,000 Total fixed costs $3,000 $8,000 $6,500 $17,500 Net Income $1,000 ($1,000) $6,500 $6,500 Should the store drop the clothing line of business? Explain using the sales and cost data above. You have been provided with two areas in the course to discuss and collaborate: A group discussion forum and this wiki collaboration area. Only group members have access to these areas and will be able to see the discussion you have and the work you do within these areas. You are also free to use tools outside of the course, such as Google Docs, Yammer, etc. if your group chooses to do so. Your final PowerPoint presentation should consist of 3-4 slides and is due in Unit 7. You will have the next 2 units to work together to create the PowerPoint. Once you’re finished, e veryone in your group must post a copy of the final presentation in the Group Activity Submission area in Unit 7
Answers
Status NEW
Posted 16 Dec 2017 02:12 PM
My Price 10.00
----------- Â ----------- H-----------ell-----------o S-----------ir/-----------Mad-----------am ----------- Th-----------ank----------- yo-----------u f-----------or -----------usi-----------ng -----------our----------- we-----------bsi-----------te -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------ns.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age-----------
Not Rated(0)