Last year, X Company sold 64,900 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable $425,095 Fixed 145,376 Selling and administrative Variable $86,966 Fixed 79,827 At the end of the year, a company offered to buy 4,170 units of the product but only for $12.00 each. X Company had the capacity...
I am confused with this problem. Please help! thank you! Mazeppa Corporation sells relays at a selling price of $28 per unit. The company's cost per unit, based on full capacity of 160,000 units, is as follows: Direct materials Direct labor Overhead (2/3 of which is variable) 4 9 Mazeppa has been approached by a distributor in Montana offering to...
7. Crane Company is contemplating the replacement of an old machine with a new one. The following information has been gathered: Old Machine New Machine Price $340000 $680000 Accumulated Depreciation 102000 -0- Remaining useful life 10 years -0- Useful life -0- 10 years Annual operating costs $275000 $204000 If the old machine is replaced, it can be sold for $27200. The...
Problem 23-1A Analysis of income effects of additional business LO A1 Jones Products manufactures and sells to wholesalers approximeately 500,000 peckages per year of underwater markers at $3.92 per package. Annual costs for the production and sale of this quantity are shown in the table. Direct materials Direct labor 640,000 160,000 480,000 200,000 133,000 Overhead Selling expenses Administrative expenses Total...
5. Consider the matrix A= [1 2 3 2 4 6 0 1 0 0 0 0 3 2 9 1 0 3 0] 31. 0 (a) Find a basis for C(A). (b) Find a basis for R(A). (c) Find a basis for N(A). (d) Find a basis for N(AT). (e) Write the dimension of each of these subspace.
Goshford Company produces a single product and has capacity to produce 145,000 units per month. sales of 116,000 units follow. The regular selling price of the product is $132 per unit. Management is approached by a new custome who wants to purchase 29,000 units of the product for $80.10 per unit. If the order is accepted, there will be no...
9. A company has three product lines, one of which reflects the following results: Sales $241000 Variable expenses 139000 Contribution margin 102000 Fixed expenses 130000 Net loss $ (28000) If this product line is eliminated, 60% of the fixed expenses can be eliminated and the other 40% will be allocated to other product lines. If management decides to eliminate this...
Davis, Managerial Accounting, 3e Help System Announcements R VERSION BACK NEXT Exercise 3-5 Bridgeport Manufacturing has an annual capacity of 80,800 units per year. Currently, the company is making and selling 78,200 units a year. The normal sales price is $103 per unit, variable costs are $65 per unit, and total fixed expenses are $2,000,000. An out-of-state distributor has offered...
Last year, X Company sold 69,400 units of its only product for $18.00 each. Total costs were as follows: Cost of goods sold Variable $450,406 Fixed 126,308 Selling and administrative Variable $72,870 Fixed 71,482 At the end of the year, a company offered to buy 4,430 units of the product but only for $12.00 each. X Company had the capacity...
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...