Please provide full detailed explanation. Thank you.
Please provide full detailed explanation. Thank you. 7 The CEO of Newark Inc. has provided you...
Please provide detailed explanation. Thank you! Take/Reject a Special Order A company can manufacture a part for $25 per unit, which includes direct materials of $9, direct labor of $6, variable manufacturing overhead of $3, and fixed manufacturing overhead of $7. Productive capacity is 30,000 units annually. The normal sales price is $36 per unit and the company is selling 23,000 units at that price. A foreign buyer offers to buy 2,000 units at $20 per unit. Accepting the order...
Question 4 Iris Manufacturing Inc. has provided you with the following CVP income statement Sales (5,300 units) $1,060,000 $200 per unit Variable costs Contribution margin 371,000 $70 per unit Fixed costs Operating income 689,000 130 per unit 310,800 60,200 Management is considering the following course of action to increase operating income: reduce the selling price by 20%, with no changes to unit variable costs or fixed costs. Management feels that this change will increase unit sales by 30%. Calculate the...
please help me answer part a2 by 10pm tonight. thank you!! Sunland Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes. $34 Sales price Variable cost of goods sold Variable selling expenses Variable administrative expenses 10 9.0 3 Annual fixed expenses Overhead Selling expenses Administrative expenses $9.048,000 1.914,000 3,654,000 Sunland can produce 1,740,000 million cases a year. The projected net income for the coming...
The Phone Company has the following costs of producing and selling a cell phone assuming it produces and sells the normal volume of 100,000 of these cell phones per month: Per unit manufacturing cost Direct materials $50.00 Direct labor 10.00 Variable manufacturing overhead cost 40.00 Fixed manufacturing overhead cost 30.00 Per unit selling cost Variable 15.00 Fixed 10.00 Note that 100,000 (normal volume of production and sales) is...
Can you help me, please Capital Budgeting Decision Since LX corporation is producing at full capacity, Amanda has decided to have Han examine the feasibility of a new manufacturing plant. This expansion would represent a major capital outlay for the company. A preliminary analysis of the project has been conducted at a cost of $1.6 million. This analysis determined that the new plant will require an immediate outlay of $54 million and an additional outlay of $31 million in one...
Please solve the following case using Excel and submit your assignment via Blackboard. You should work with your group on the case assignments (please write the names of all group members). Jack Tar, CFO of Sheetbend & Halyard Inc. opened the company confidential envelope. It contained a draft of a competitive bid for a contract to supply duffel canvas to the U.S. Navy. The cover memo from Sheetbend's CEO asked Mr. Tar to review the bid before it was submitted....
please fill in andwers in the yellow cells Toefield Inc. has developed a powerful efficient snow remover that is significantly less polluting than existing snow removers currently on the market. The company spent $2,000,000 developing this product and the marketing department spent ano ther $300,000 to assess the market demand. It would cost $20 million at Year 0 to buy the equipment necessary to manufacture the efficient snow blower. The project would require net working capital at the beginning of...
Please use own words. Thank you. CASE QUESTIONS AND DISCUSSION > Analyze and discuss the questions listed below in specific detail. A minimum of 4 pages is required; ensure that you answer all questions completely Case Questions Who are the main players (name and position)? What business (es) and industry or industries is the company in? What are the issues and problems facing the company? (Sort them by importance and urgency.) What are the characteristics of the environment in which...