The condensed income statement for a Fletcher Inc. for the p…

The condensed income statement for a Fletcher Inc. for the past year is as follows:   Product     F G H Total Sales $300,000 $210,000 $340,000 $850,000 Costs:         Variable costs   $180,000   $180,000   $220,000  $580,000 Fixed costs     50,000    50,000    40,000 140,000 Total costs $230,000 $230,000 $260,000 $720,000 Income (loss)  $  70,000 $(20,000) $  80,000 $130,000 Management is considering the discontinuance of the manufacture and sale of Product G at the beginning of the current year. The discontinuance would have no effect on the total fixed costs and expenses or on the sales of Products F and H.  What is the amount of change in net income for the current year that will result from the discontinuance of Product G?

The management of Arkansas Corporation is considering the pu…

The management of Arkansas Corporation is considering the purchase of a new machine costing $490,000. The company’s desired rate of return is 10%. Year Income fromOperations Net CashFlow 1 $100,000 $180,000 2 40,000 120,000 3 40,000 100,000 4 10,000 90,000 5 10,000 120,000 What is the net present value for this investment?

The Zoe Corporation has the following information for the mo…

The Zoe Corporation has the following information for the month of March:   Cost of direct materials used in production $69,000 Direct labor $27,000 Factory overhead $34,000 Work in process inventory, March 1 $15,000 Work in process inventory, March 31 $19,500 Finished goods inventory, March 1 $25,000 Finished goods inventory, March 31 $23,000 What are the Cost of goods manufactured and Cost of goods sold?