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![Cost of unassembled product Selling price of unassembled product Profit margin ($135 - $60] $ 60 $ 135 $ 75 Cost of unassembl](http://img.homeworklib.com/questions/b2f9e7c0-71e1-11ea-a512-9b60fae650e9.png?x-oss-process=image/resize,w_560)
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Lespondus LockDown Browser eft:1:19:18 Amadou Conde: Attempt 1 hestion 1 (4 points) Eddy Company is starting...
Multiple Choice Question 109 Sheridan Company is unsure of whether to sell its product assembled or assembled. The...
Multiple Choice Question 109 Sheridan Company is unsure of whether to sell its product assembled or assembled. The unit cost of the unassembled product is $24 and Shenden would sell it for $46. The cost to assemble the product is estimated at 59 per unit and the company believes the market would support a price of $54 on the assembled unit. What decision should Sheridan make? Process further, the company will be better off by 123 per unit Sell before...
Multiple Choice Question 109 Vaughn Manufacturing is unsure of whether to sell its product assembled or...
Multiple Choice Question 109 Vaughn Manufacturing is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $24 and Vaughn would sell it for $51. The cost to assemble the product is estimated at $14 per unit and the company believes the market would support a price of $61 on the assembled unit. What decision should Vaughn make? Process further, the company will be better off by $20 per unit. Sell before...
Concord Corporation produces corn chips. The cost of one batch is below: Direct materials Direct labor...
Concord Corporation produces corn chips. The cost of one batch is below: Direct materials Direct labor Variable overhead Fixed overhead $16 11 9 14 An outside supplier has offered to produce the corn chips for $24 per batch. How much will Concord Corporation save if it accepts the offer? $26 per batch $12 per batch $3 per batch $17 per batch Sheffield Corp. is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled...
24. Which of the following costs are variable? 10,000 Units 30,000 Units $100,000 40,000 90,000 50,000 Cost $300,000 240,000 90,000 150,000 2. 4. A) only 2 B) only 1 C) 1 and 2 D) 1 and4 25. Ed...
24. Which of the following costs are variable? 10,000 Units 30,000 Units $100,000 40,000 90,000 50,000 Cost $300,000 240,000 90,000 150,000 2. 4. A) only 2 B) only 1 C) 1 and 2 D) 1 and4 25. Eddy Company is starting business and is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $60 and Eddy Company would sell it for $135. The cost to assemble the product is estimated at...
Requires Respondus LockDown Browser + Webcam Time Left:1:15:39 Rahima Daino: Attempt 1 00:00 Question 25 (1...
Requires Respondus LockDown Browser + Webcam Time Left:1:15:39 Rahima Daino: Attempt 1 00:00 Question 25 (1 point) At what quantity is selling either of the products equally profitable (point of indifference i.e. crossover point)? Price/Unit Variable Cost/unit Fixed Cost Product 1 Product 2 65 20 36,000 52 28 20,850 (Answer rounded to O decimal points, use standard rounding procedure) Your Answer: Answer Question 26 (1 point) What will be the MAPE (Mean Absolute Percent Error) of the table belc your...
Problem 2. Goodson Pharmaceutical Company manufactures three main products from a joint process: Altox, Lorex, and...
Problem 2. Goodson Pharmaceutical Company manufactures three main products from a joint process: Altox, Lorex, and Hycol. Data regarding these products for the fiscal year ended in September 30, 2009 are shown below. Lorex 500,000 Units produced Sales value per unit at split off Allocation of joint costs Separable costs Final Sales value per unit Altox 170,000 $3.50 $450,000 Hycol 330,000 $2.00 $504,000 $846,000 $1,400,000 $5.00 *Joint costs are allocated on the basis of net realizable value and the net...
PROBLEM 1 A recent accounting graduate from Marvel State University evaluated the operating performance of Fanning...
PROBLEM 1 A recent accounting graduate from Marvel State University evaluated the operating performance of Fanning Company's four divisions. The following presentation was made to Fanning's Board of Directors. During the presentation, the accountant made the recommendation to eliminate the Southern Division stating that total net income would increase by $60,000. (See analysis below.) Other Three Divisions Total Sales $2,000,000 $480,000 Southern Division $2,480,000 400,000 Cost of Goods Sold 950,000 1,350,000 Gross Profit 1,050,000 80,000 1,130,000 800,000 140,000 Operating Expenses...
1. The Bash Company has two divisions—Office and Home . The divisions have the following revenues...
1. The Bash Company has two divisions—Office and Home . The divisions have the following revenues and expenses: Office Home Sales 800,000 900,000 Variable costs (280,000) (200,000) Direct fixed costs (430,000) (320,000) Allocated corporate costs (120,000) (250.000) Net income (loss) (30,000) 130,000 The management at Bash is pondering the elimination of the Office Division. If the Office Division were eliminated, its direct fixed costs could be avoided, but its total corporate costs would not be affected. Given these data, the...
1. The Bash Company has two divisions—Office and Home . The divisions have the following revenues and expenses: Office...
1. The Bash Company has two divisions—Office and Home . The divisions have the following revenues and expenses: Office Home Sales 800,000 900,000 Variable costs (280,000) (200,000) Direct fixed costs (430,000) (320,000) Allocated corporate costs (120,000) (250.000) Net income (loss) (30,000) 130,000 The management at Bash is pondering the elimination of the Office Division. If the Office Division were eliminated, its direct fixed costs could be avoided, but its total corporate costs would not be affected. Given these data, the...
1. The Bash Company has two divisions—Office and Home . The divisions have the following revenues and expenses: Office...
1. The Bash Company has two divisions—Office and Home . The divisions have the following revenues and expenses: Office Home Sales 800,000 900,000 Variable costs (280,000) (200,000) Direct fixed costs (430,000) (320,000) Allocated corporate costs (120,000) (250.000) Net income (loss) (30,000) 130,000 The management at Bash is pondering the elimination of the Office Division. If the Office Division were eliminated, its direct fixed costs could be avoided, but its total corporate costs would not be affected. Given these data, the...
Multiple Choice Question 109 Sheridan Company is unsure of whether to sell its product assembled or assembled. The unit cost of the unassembled product is $24 and Shenden would sell it for $46. The cost to assemble the product is estimated at 59 per unit and the company believes the market would support a price of $54 on the assembled unit. What decision should Sheridan make? Process further, the company will be better off by 123 per unit Sell before...
Multiple Choice Question 109 Vaughn Manufacturing is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $24 and Vaughn would sell it for $51. The cost to assemble the product is estimated at $14 per unit and the company believes the market would support a price of $61 on the assembled unit. What decision should Vaughn make? Process further, the company will be better off by $20 per unit. Sell before...
Concord Corporation produces corn chips. The cost of one batch is below: Direct materials Direct labor Variable overhead Fixed overhead $16 11 9 14 An outside supplier has offered to produce the corn chips for $24 per batch. How much will Concord Corporation save if it accepts the offer? $26 per batch $12 per batch $3 per batch $17 per batch Sheffield Corp. is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled...
24. Which of the following costs are variable? 10,000 Units 30,000 Units $100,000 40,000 90,000 50,000 Cost $300,000 240,000 90,000 150,000 2. 4. A) only 2 B) only 1 C) 1 and 2 D) 1 and4 25. Eddy Company is starting business and is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $60 and Eddy Company would sell it for $135. The cost to assemble the product is estimated at...
Requires Respondus LockDown Browser + Webcam Time Left:1:15:39 Rahima Daino: Attempt 1 00:00 Question 25 (1 point) At what quantity is selling either of the products equally profitable (point of indifference i.e. crossover point)? Price/Unit Variable Cost/unit Fixed Cost Product 1 Product 2 65 20 36,000 52 28 20,850 (Answer rounded to O decimal points, use standard rounding procedure) Your Answer: Answer Question 26 (1 point) What will be the MAPE (Mean Absolute Percent Error) of the table belc your...
Problem 2. Goodson Pharmaceutical Company manufactures three main products from a joint process: Altox, Lorex, and Hycol. Data regarding these products for the fiscal year ended in September 30, 2009 are shown below. Lorex 500,000 Units produced Sales value per unit at split off Allocation of joint costs Separable costs Final Sales value per unit Altox 170,000 $3.50 $450,000 Hycol 330,000 $2.00 $504,000 $846,000 $1,400,000 $5.00 *Joint costs are allocated on the basis of net realizable value and the net...
PROBLEM 1 A recent accounting graduate from Marvel State University evaluated the operating performance of Fanning Company's four divisions. The following presentation was made to Fanning's Board of Directors. During the presentation, the accountant made the recommendation to eliminate the Southern Division stating that total net income would increase by $60,000. (See analysis below.) Other Three Divisions Total Sales $2,000,000 $480,000 Southern Division $2,480,000 400,000 Cost of Goods Sold 950,000 1,350,000 Gross Profit 1,050,000 80,000 1,130,000 800,000 140,000 Operating Expenses...
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