Question

The following Information relates to the Magna Company for the upcoming year, based on 402,000 units. Sales Cost of goods sol

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Calculate incremental analysis

Sales (84000*25.35) 2129400
Cost of goods sold 1778280
Operating expense 106680
Operating income 244440

So answer is c) $244440

Add a comment
Know the answer?
Add Answer to:
The following Information relates to the Magna Company for the upcoming year, based on 402,000 units....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The following information relates to the Magna Company for the upcoming year, based on 402,000 units....

    The following information relates to the Magna Company for the upcoming year, based on 402,000 units. Amount $6,432,000 4,422,080 2,010,000 361.800 $1,648,200 Per Unit $16.00 11.00 5.9P Sales Cost of goods sold Gross margin Operating expenses Operating profits The cost of goods sold includes $1.260,000 of fixed manufacturing overhead; the operating expenses include $106.000 of fixed marketing expenses. A special order offering to buy 50.000 units for $10.65 per Magna. Fortunately, there will be no additional operating expenses associated with...

  • The following information relates to the Jasmine Company for the upcoming year, based on 436,000 units:...

    The following information relates to the Jasmine Company for the upcoming year, based on 436,000 units: Sales Cost of goods sold Gross margin Operating expenses Operating profits Amount $8,720,800 6,976,000 1,744,000 1,140,000 $ 604,000 Per Unit $92.00 52.00 40.00 10.50 $29.50 The cost of goods sold includes $2,223,600 of fixed manufacturing overhead; the operating expenses include $311,600 of fixed marketing expenses. A special order offering to buy 86,000 units for $22.20 per unit has been made to Jasmine. Fortunately, there...

  • At the end of the year, a company offered to buy 5,000 units of a product...

    At the end of the year, a company offered to buy 5,000 units of a product from X Company for a special price of $11.00 each instead of the company's regular price of $19.00 each. The following information relates to the 68,400 units of the product that X Company made and sold to its regular customers during the year: Per-Unit Total      Cost of goods sold $8.91    $609,444    Period costs 2.15    147,060    Total $11.06    $756,504    Fixed cost of goods sold for...

  • At the end of the year, a company offered to buy 4,260 units of a product...

    At the end of the year, a company offered to buy 4,260 units of a product from X Company for a special price of $12.00 each instead of the company's regular price of $19.00 each. The following information relates to the 65,500 units of the product that X Company made and sold to its regular customers during the year: Per-Unit Total      Cost of goods sold $9.38    $614,390    Period costs 2.70    176,850    Total $12.08    $791,240    Fixed cost of goods sold for...

  • Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0...

    Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 42,000 units Units sold this year 25,200 units Direct materials $ 26 per unit Direct labor $ 28 per unit Variable overhead $ 126,000 in total Fixed overhead $ 210,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $82 per unit and operating expenses are $370,000, compute the net income under...

  • Questions 5, 6, and 7 refer to the following information Last year, X Company sold 67,400...

    Questions 5, 6, and 7 refer to the following information Last year, X Company sold 67,400 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold $434,056 Variable Fixed 140,866 Selling and administrative Variable $79,532 Fixed 68,748 At the end of the year, a company offered to buy 4,710 units of the product but only for $12.00 each. X Company had the capacity to produce the additional units, and even though there would...

  • Last year, X Company sold 68,400 units of its only product for $19.00 each. Total costs...

    Last year, X Company sold 68,400 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $387,828 149,796 $77,292 102,600 At the end of the year, a company offered to buy 4,090 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there would have been no additional selling and administrative costs, it rejected...

  • Last year, X Company sold 63,500 units of its only product for $19.00 each. Total costs...

    Last year, X Company sold 63,500 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $436,245 141,605 $79,375 90,170 At the end of the year, a company offered to buy 4,930 units of the product but only for $12.00 each. X Company had the capacity to produce the additional units, and even though there would have been no additional selling and administrative costs, it rejected...

  • Last year, X Company sold 65,600 units of its only product for $19.00 each. Total costs...

    Last year, X Company sold 65,600 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable $434,272 136,448 Fixed Selling and administrative Variable $96,432 Fixed 96,432 At the end of the year, a company offered to buy 4,200 units of the product but only for $12.00 each. X Company had the capacity to produce the additional units, and even though there would have been no additional selling and administrative costs, it rejected...

  • At the end of the year, a company offered to buy 4,930 units of a product from X Company for a sp...

    Thanks a lot for your help! At the end of the year, a company offered to buy 4,930 units of a product from X Company for a special price of $11.00 each instead of the company's regular price of $18.00 each. The following information relates to the 65,900 units of the product that X Company made and sold to its regular customers during the year: Per-Unit Total Cost of goods sold Period costs Total $8.64$569,376 191,110 $11.54 $760,486 2.90 Fixed...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT