Answer the Following Questions Using the Information Below:
the Management

question 74

Multiple Choice

Answer the following questions using the information below:
The management accountant for Giada's Book Store has prepared the following income statement for the most current year:
$\begin{array}{lrrrr}&\text { Cookbook }&\text { Travel Book }&\text { Classics }&\text { Total }\\\text { Sales } & \$ 60,000 & \$ 100,000 & \$ 40,000 & \$ 200,000 \\\text { Cost of goods sold } & 36,000 & 65,000 & 20,000 & 121,000 \\\text { Contribution margin } & 24,000 & 35,000 & 20,000 & 79,000 \\\text { Order and delivery processing } & 18,000 & 21,000 & 8,000 & 47,000\\\text { Rent (per sq. foot used) } & 2,000 & 1,000 & 3,000 & 6,000 \\\text { Allocated corporate costs } & 7,000 & 7,000 & 7,000 & 21,000 \\\text { Corporate profit } & \$(3,000) & \$ 6,000 & \$ 2,000 & \$ 5,000\end{array}$
-If the travel book line had been discontinued,corporate profits for the current year would have decreased by ________.

• A) $35,000
• B) $14,000
• C) $13,000
• D) $6,000

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Definitions:

High-Pitched Voice

A voice that has a high frequency, often perceived as shrill or squeaky, common in children and some adults.

Sexual Intercourse

A biological and physical activity involving the genital organs of at least two people, often related to the reproduction and expression of intimacy and love.

Homosexual Orientation

A sexual orientation characterized by a romantic or sexual attraction to individuals of one's own sex.

Heterosexual

A sexual orientation characterized by an attraction to individuals of the opposite sex.