Homework Answers
| 5 | Variable cost of goods sold per unit =$408,580/62,000 units =$6.59 per unit | |
| Variable selling and admin cost and Fixed costs are irrelivant for decision making. | ||
| No. of units sold for special order | 4910 units | |
| Sales price | $11.00 | |
| Variable cost of goods sold | $6.59 | |
| Profit per unit | $4.41 | |
| Increase in Firm's Profit(4910 units*$4.41) | $21,653 | |
| 6 | Firm's Profit before considering any change | $21,653 |
| Less:Increase in direct materials cost(4910 units*$0.83) | $4,075 | |
| Less:Increase in direct labor cost(4910 units*$0.24) | $1,178 | |
| Less:Special Equipment rent | $1,500 | |
| Firm's Profit after considering changes | $14,900 | |
| 7 | Due to the change X's company profit would decrease by $27,900[($17.00-$16.55)*62,000] | |
Add Answer to:
Last year, X Company sold 62,000 units of its only product for $17.00 each. Total costs were as follows: Cost of goods...
Only need help on question #6! Thank you! Last year, X Company sold 62,000 units of...
Only need help on question #6! Thank you!
Last year, X Company sold 62,000 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $408,580 132,680 $69,440 64,480 At the end of the year, a company offered to buy 4,910 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...
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Last year, X Company sold 67,200 units of its only product for $17.00 each. Total costs...
Last year, X Company sold 67,200 units of its only product for
$17.00 each. Total costs were as follows:
At the end of the year, a company offered to buy 4,780 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 the
offer.
5. If X Company had accepted the special order, firm profits would
have...
Last year, X Company sold 61,500 units of its only product for $18.00 each. Total costs were as follows: Cost of goods...
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Last year, X Company sold 62,400 units of its only product for $17.00 each. Total costs...
Last year, X Company sold 62,400 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable $374,400 114,192 $81,120 89,856 Fixed At the end of the year, a company offered to buy 4,440 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 67,800 units of its only product for $18.00 each. Total costs were as follows: Cost of good...
Last year, X Company sold 67,800 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable $397,308 Fixed 126,108 Selling and administrative Variable $73,902 Fixed 94,242 At the end of the year, a company offered to buy 4,660 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 64,300 units of its only product for $18.00 each. Total costs were as follows: Cost of go...
Last year, X Company sold 64,300 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable $412,806 Fixed 145,961 Selling and administrative Variable $84,876 Fixed 67,515 At the end of the year, a company offered to buy 4,870 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...
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Last year, X Company sold 69,200 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $424,196 Fixed 131,480 Selling and administrative Variable $76,120 Fixed 96,188 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...
Only need help on question #6! Thank you!
Last year, X Company sold 62,000 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $408,580 132,680 $69,440 64,480 At the end of the year, a company offered to buy 4,910 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...
Last year, X Company sold 67,200 units of its only product for
$17.00 each. Total costs were as follows:
At the end of the year, a company offered to buy 4,780 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 the
offer.
5. If X Company had accepted the special order, firm profits would
have...
Last year, X Company sold 61,500 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $364,695 122,385 $66,420 70,725 At the end of the year, a company offered to buy 4,960 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 62,400 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative Variable $374,400 114,192 $81,120 89,856 Fixed At the end of the year, a company offered to buy 4,440 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 64,300 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable $412,806 Fixed 145,961 Selling and administrative Variable $84,876 Fixed 67,515 At the end of the year, a company offered to buy 4,870 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 62,900 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable $380,545 Fixed 114,478 Selling and administrative Variable $90,576 Fixed 64,158 At the end of the year, a company offered to buy 4,320 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...
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