2-a. Compute both the new average unit cost and the incremental unit cost for the special order.2-b. Should Winner's Circle, Inc. accept the special order?Complete this question by entering your answers in the tabs below.Req 2AReq 2BCompute both the new average unit cost and the incremental unit cost for the special order. (Do not round intermediatecalculations. Round your answers to 2 decimal places.)New average unit costIncremental unit costReq 24Req 2B > Che[The following information applies to the questions displayed below.]Winner's Circle, Inc., manufactures medals for winners of athletic events and other contests. Its manufacturing plant hasthe capacity to produce 3,500 medals each month. Current monthly production is 2,625 medals. The company normallycharges $510 per medal. Variable costs and fixed costs for the current activity level of 75 percent of capacity are asfollows:Production CostsVariable costs:Manufacturing:Direct labor$ 525,000Direct material196,875MarketingTotal variable costsFixed costs:196,875$ 918,750ManufacturingMarketingTotal fixed costs$ 209, 250184,500$393,750Total costs$1,312,500$4350Variable cost per unitFixed cost per unit150$4500Average unit costWinner's Circle has just received a special one-time order for 875 medals at $305 per medal, For this particular order, novariable marketing costs will be incurred. Cathy Donato, a management accountant with Winner's Circle, has beenassigned the task of analyzing this order and recommending whether the company should accept or reject it. AfterOvamining the cnste Donato suc gested to her suinenvisor Cerard laPann who is the controllar that thau ranIIoct< Prev12 13of 14Next >14

In the manufacturing or service sectors, direct labor is labor that is assigned to a specific…

2-a. Compute both the new average unit cost and the incremental unit cost for the special order. 2-b. Should Winner's Circle, Inc. accept the special order? Complete this question by entering your answers in the tabs below. Req 2A Req 2B Compute both the new average unit cost and the incremental unit cost for the special order. (Do not round intermediate calculations. Round your answers to 2 decimal places.) New average unit cost

2-a. Compute both the new average unit cost and the incremental unit cost for the special order. 2-b. Should Winner's Circle, Inc. accept the special order? Complete this question by entering your answers in the tabs below. Req 2A Req 2B Compute both the new average unit cost and the incremental unit cost for the special order. (Do not round intermediate calculations. Round your answers to 2 decimal places.) New average unit cost

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Font Paragraph Styles The Borstal Company has to choose between two machines that do the same job but have different lives. The two machines have the following costs: Year Machine A Machine B 0 $ 43,500 $ 53,500 1 10,700 9,400 2 10,700 9,400 3 4 10,700+ replace 9,400 9,400+ replace These costs are expressed in real terms. a. Suppose you are Borstal's financial manager. If you had to buy one or the other machine and rent it to the production manager for that machine's economic life, what annual rental payment would you have to charge? Assume a 7% real discount rate and ignore taxes. Note: Do not round intermediate calculations. Enter your answers as a positive value rounded to 2 decimal places. b. Which machine should Borstal buy? c. If there is steady 5% per year inflation, what will be the annual rental payment for machine B for the second year? Note: Enter your answer as a positive value rounded to 2 decimal places. a. Machine A a. Machine B b. Which machine should Borstal buy? c.…
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Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company for the year ended December 31. Garcon Company $ 13,200 17,900 8,600 Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Accounts receivable, net Required 1 Required 2 33,750 23,200 21,350 28,000 7,900 9,150 23,500 14,000 4,940 42,500 56,400 297,270 25,000 16,000 Total prime costs Pepper Company $ 16,900 21,150 11,250