Homework Answers
Variable cost of goods sold per unit = $439,926 / 68,100 = $6.46
5. Relevant cost in this case is Variable cost of goods sold.
Increase in profits = ($11 - $6.46) * 4,880 units
= $22,155
The answer is B.
6. Relevant cost in this case is Variable cost of goods sold, additional direct material and direct labor cost per unit and Special equipment cost
= ($6.46 + $0.86 + $0.23) * 4,880 + $2,000
= $38,844
Special order profit = (4,880 * $11) - $38,844
= $14,836
Reduction in profits = $22,155 - $14,836
= $7,319
The answer is D.
7. Variable selling and administrative cost per unit = $78,315 / 68,100 = $1.15
Profit = Sales - Variable costs - Fixed costs
= (68,100 * $18) - ($6.46 + $1.15) * 68,100 + ($138,924 + $88,530)
= $480,105
Revised profit = (68,100 * $17.45) - ($6.46 + $1.15) * 68,100 + ($138,924 + $88,530)
= $442,650
Reduction in profits = $480,105 - $442,650
= $37,455
The answer is F.
Add Answer to:
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 68,100...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 68,100 units of its only product...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable S439,926 Fixed 138,924 Selling and administrative Variable $78,315 Fixed 88.530 At the end of the year, a company offered to buy 4,880 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...
Questions 5, 6, and 7 refer to the following information X Company sold 68,100 units of...
Questions 5, 6, and 7 refer to the following information X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Last year, Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $439,926 DO 138,924 $78,315 88.530 At the end of the year, a company offered to buy 4,880 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $401,760 Fixed 143,208 Selling and administrative Variable $79,056 Fixed 75,816 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...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $401,760 Fixed 143,208 Selling and administrative Variable $79,056 Fixed 75,816 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...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 63,500...
Questions 5, 6, and 7 refer to the following information 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 $380,365 132,080 $72,390 78,740 At the end of the year, a company offered to buy 4,800 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...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 65,300...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 65,300 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable 8410,084 Fixed 124,723 Selling and administrative Variable $74.442 Fixed 79,013 At the end of the year, a company offered to buy 4.120 units of the product but only for $11.00 each. X Company had the Capacity to produce the additional units and even though there wild...
Last year, X Company sold 60,100 0, dhd 7 refer to the following information a, A...
Last year, X Company sold 60,100 0, dhd 7 refer to the following information a, A Company sold 60.100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative S405,675 117,796 Variable Fixed 84,741 end of the year, a company offered to buy 4,310 units of the product but only for $11.00 each. X Company had the ** y vo produce the additional units, and even though there...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 62,500 units of its only product...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 62,500 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $398,125 Fixed 141,250 Selling and administrative Variable $93,125 Fixed At the end of the year, a company offered to buy 4,090 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...
Questions 5, 6, and 7 refer to the folle Last year, X Companr sold 66.500 units...
Questions 5, 6, and 7 refer to the folle Last year, X Companr sold 66.500 units of its only product for $18.00 each. Total costs were as Sollowy Cost of goods sald Variable Fixed Selling and administrative Variable S418,950 128.345 s94.430 73.150 Fixed At the end of the year, a company offered to bay 4.690 units of the product but only for S12.00 each X Company had the capacity to prodace the additional units, and even though there would hae...
wd 7 refer to the following information Last year, X Company sold 66,900 units of 200...
wd 7 refer to the following information Last year, X Company sold 66,900 units of 200 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable 5460,941 Fixed 131,124 Selling and administrative Variable $71,583 84.963 Fixed At the end of the year, a company offered to buy year, a company offered to buy 4.730 units of the product but only for $12.00 each. X Company had the capacity to produce the additi...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable S439,926 Fixed 138,924 Selling and administrative Variable $78,315 Fixed 88.530 At the end of the year, a company offered to buy 4,880 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...
Questions 5, 6, and 7 refer to the following information X Company sold 68,100 units of its only product for $18.00 each. Total costs were as follows: Last year, Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $439,926 DO 138,924 $78,315 88.530 At the end of the year, a company offered to buy 4,880 units of the product but only for $11.00 each. X Company had the capacity to produce the additional units, and even though there...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $401,760 Fixed 143,208 Selling and administrative Variable $79,056 Fixed 75,816 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...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 64,800 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $401,760 Fixed 143,208 Selling and administrative Variable $79,056 Fixed 75,816 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...
Questions 5, 6, and 7 refer to the following information 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 $380,365 132,080 $72,390 78,740 At the end of the year, a company offered to buy 4,800 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...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 65,300 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable 8410,084 Fixed 124,723 Selling and administrative Variable $74.442 Fixed 79,013 At the end of the year, a company offered to buy 4.120 units of the product but only for $11.00 each. X Company had the Capacity to produce the additional units and even though there wild...
Last year, X Company sold 60,100 0, dhd 7 refer to the following information a, A Company sold 60.100 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable Fixed Selling and administrative S405,675 117,796 Variable Fixed 84,741 end of the year, a company offered to buy 4,310 units of the product but only for $11.00 each. X Company had the ** y vo produce the additional units, and even though there...
Questions 5, 6, and 7 refer to the following information Last year, X Company sold 62,500 units of its only product for $17.00 each. Total costs were as follows: Cost of goods sold Variable $398,125 Fixed 141,250 Selling and administrative Variable $93,125 Fixed At the end of the year, a company offered to buy 4,090 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...
Questions 5, 6, and 7 refer to the folle Last year, X Companr sold 66.500 units of its only product for $18.00 each. Total costs were as Sollowy Cost of goods sald Variable Fixed Selling and administrative Variable S418,950 128.345 s94.430 73.150 Fixed At the end of the year, a company offered to bay 4.690 units of the product but only for S12.00 each X Company had the capacity to prodace the additional units, and even though there would hae...
wd 7 refer to the following information Last year, X Company sold 66,900 units of 200 units of its only product for $19.00 each. Total costs were as follows: Cost of goods sold Variable 5460,941 Fixed 131,124 Selling and administrative Variable $71,583 84.963 Fixed At the end of the year, a company offered to buy year, a company offered to buy 4.730 units of the product but only for $12.00 each. X Company had the capacity to produce the additi...
Most questions answered within 3 hours.
-
Please explain steps:
An 80 kg swimmer steps off a platform 10 m above the water...
asked 26 minutes ago -
A lottery exists where balls numbered 1 to 17 are placed in an
urn. To win,...
asked 29 minutes ago -
26) Briefly describe, using words or simple diagrams, the
chemiosmotic theory for coupling oxidation to phosphorylation...
asked 2 hours ago -
Suppose that XX is a random variable with mean 16 and standard
deviation 5 . Also...
asked 3 hours ago -
Calculate the number density of argon gas at a temperature of
24C and a pressure of...
asked 6 hours ago -
Alternative
Classification
How to Estimate
Probabilities from Data? ( For continuous Attributes)
And How to generate...
asked 6 hours ago -
An explosion breaks a 20.0-kg object into three parts. The
object is initially moving at a...
asked 7 hours ago -
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 8 hours ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 9 hours ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 9 hours ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 9 hours ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 10 hours ago