Exercise 4-45 dropping product lines (lo 4-4) freeflight airlines is presently operating at 70 percent of capacity. management of the airline is considering dropping freeflight's routes between europe and the united states. if these routes are dropped, the revenue associated with the routes would be lost and the related variable costs saved. in addition, the company's total fixed costs would be reduced by 20 percent. segmented income statements for a typical month appear as follows (all amounts in millions of dollars): routes within u. s. within europe between u. s. and europe sales $ 3.44 $ 2.61 $ 2.81 variable costs 1.36 .82 1.32 fixed costs allocated to routes 1.60 1.29 1.39 operating profit (loss) $ .48 $ .50 $ .10 required: a. prepare a differential cost schedule. (enter your answers in millions rounded to 2 decimal places. loss should be indicated by minus sign.) b. indicate whether free flight should drop the routes between the united states and europe. yes no

Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.

1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.