Please do not give solution in image format ? and explain proper steps by Step. Blossom, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robotthat can scan a home for fires and gas leaks and then transmit this information to asmartphone. The cost structure to manufacture 20,100 Tri-Robos is as follows.Direct materials ($51 per robot)Direct labor ($40 per robot)Variable overhead ($6 per robot)Allocated fixed overhead ($30 per robot)TotalCostFollowing are independent assumptions.$1,025,100804,000120,600603,000$2,552,700Blossom is approached by Tienh Inc., which offers to make Tri-Robo for $116 per unit or$2,331,600. Assume that none of the fixed overhead can be avoided. However, if the robots are purchased from Tienh Inc., Blossom can usethe released productive resources to generate additional income of $375,000. (Enter negative amounts using either a negative signpreceding the number e.g. -45 or parentheses e.g. (45).)Direct materialsDirect laborVariable overheadFixed overheadOpportunity costPurchase priceTotalsMakeThe offerLA$BuytA$Based on the above assumptions, indicate whether the offer should be accepted or rejected?Net IncomeIncrease(Decrease)

Under Incremental Analysis, we consider only incremental costs and revenues.Variable costs and…

Assume that none of the fixed overhead can be avoided. However, if the robots are purchased from Tienh Inc., Blossom can use the released productive resources to generate additional income of $375,000. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Direct materials Direct labor Variable overhead Fixed overhead Opportunity cost Purchase price Totals $ The offer $ Make $ $ Buy $ $ Based on the above assumptions, indicate whether the offer should be accepted or rejected? Net Income Increase (Decrease)

Assume that none of the fixed overhead can be avoided. However, if the robots are purchased from Tienh Inc., Blossom can use the released productive resources to generate additional income of $375,000. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Direct materials Direct labor Variable overhead Fixed overhead Opportunity cost Purchase price Totals $ The offer $ Make $ $ Buy $ $ Based on the above assumptions, indicate whether the offer should be accepted or rejected? Net Income Increase (Decrease)

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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