Crane Co. produces 5000 units of part Alpha-E for use in one its products. The following costs are incurred at that level of production: Direct materials Direct labor Variable overhead Fixed overhead $ 50000 150000 75000 160000 If Crane buys the part from an outside supplier, $40000 of the fixed overhead is avoidable. The outside supplier has offered to sell the units at $60 per unit. The increase (decrease) in net income from purchasing the part from the outside supplier would be O $15000 increase O $55000 decrease O $15000 decrease O $50000 increase

Crane Co. produces 5000 units of part Alpha-E for use in one its products. The following costs are incurred at that level of production: Direct materials Direct labor Variable overhead Fixed overhead $ 50000 150000 75000 160000 If Crane buys the part from an outside supplier, $40000 of the fixed overhead is avoidable. The outside supplier has offered to sell the units at $60 per unit. The increase (decrease) in net income from purchasing the part from the outside supplier would be O $15000 increase O $55000 decrease O $15000 decrease O $50000 increase

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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Table Tools FIN4006D_Business_Maths_2147 [Compatibility Mode] - Microsoft Word (Product Activation Failed)- File Home Insert Page Layout References Mailings Review View PDFelement Design Layout X Cut Aal A Find - - A A Aa ッニ,三示刻 T Arial 11 AaBbCcC AaBbCcI AaBbCcC AaBbCcC AaBbCcC AABBCCC AaB AaBbCc ab A Copy "ac Replace в I U Change | Styles - Paste - abe x, x A - 1 Body Text I Heading 1 1 List Paragr. I No Spacing 1 Normal 1 Table Para. 1 Title Heading 2 e Select - Format Painter Clipboard Font Paragraph Styles Editing (LOs: 1,2,3) Question 4 A company is thinking in investing in one of two potential new products for sale. The projections are as follows: Year Revenue/cost £ (Product A) Revenue/cost £ (Product B) (45,000) outlay 7,200 7,200 13,200 25,200 (45,000) outlay 3,600 7,600 15,600 19,000 1 2 3 4 a) Calculate the payback period for both products b) Calculate NPV of both products assuming a discount rate of 7% c) Which product should be chosen and why? d) Calculate the IRR for…
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AutoSave Normal 因 Document1 - Word Search badiya aldujaili ff BА EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut Calibri (Body) v 11 - A^ A Aav A E E O Find - AaBbCcDc AaBbCcDc AABBCC AABBCCC AaB AABBCCC AaBbCcDa 自Copy Paste S Replace В IUvab х, х* А 1 Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Subtle Em.. A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 2 3 4 Winter Company reported the following for the most recent month: Physical Units 700 Beginning work in process (60% complete) Units transferred in (started) during month Ending work in process 4,800 950 Materials are added at the end of the process and conversion costs are added evenly throughout the process. If equivalent whole units of production for conversion using the weighted average were 4,816, what percent complete was ending work in process at the end of the month? (Round to the nearest whole percent.) а. 20% b. 16%…
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42 O Browser geNOWv2 | Online teachin X + n/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false DSU AcadCalendar C crunchy roll crunchy roll A Home - Hudl Spotify EReadir U D2L O DSU Support PDSU WebMail O DSU Account Monaco & Associates Use the following five transactions for Monaco & Associates, Inc. to answer the question(s). October 1 Bills are sent to clients for services provided in September in the amount of $800. Dravo Co. delivers office furniture ($1,060) and office supplies ($160) to Monaco 6 leaving an invoice for $1,220. 15 Payment is made to Dravo Co. for the furniture and office supplies delivered on October 9. 23 A bill for $430 for electricity for the month of September is received and will be paid on its due date in November. 31 Salaries of $850 are paid to employees. Based only on these transactions, what is the total amount of expenses that should appear on the income statement for the month of October? Oa. $1,280 Ob. $430…
%24 %23 AutoSave H UnitllILabAssignment Question8 Protected View O Search (Alt+Q) Off Home Insert Draw Page Layout Formulas Data Review View Help PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing :X v fx Function: SUM; Formula: Multiply, Subtract; Cell Referencing D E B. C. F. H. Function: SUM; Formula: Multiply, Subtract; Cell Referencing B Using Excel to Determine Dividends Paid to Common 4 and Preferred Stockholders Student Work Area Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem or work 5 PROBLEM 6 M. Bot Corporation has common stock and cumulative 7 preferred stock outstanding at December 31, 2022. No 8 dividends were declared in 2020 or 2021. area as indicated. What amount of dividends will common stockholders receive? Total dividend payment in 2022 $ 375,000 11 Preferred stock par value Annual…
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List Paragraph For the... badiya aldujaili BA AutoSave ff Search EN File Home Insert Draw Design Layout References Mailings Review View Help A Share O Comments X Cut - A^ A° Aav A E - E - E E E O Find - Calibri (Body) 11 AaBbCcDc AaBbCcDc AaBbC AABBCCC AaB AAB6CCC AaBbCcDa 自Copy Paste S Replace В IUvab х, х* А I Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Subtle Em... A Select v Dictate Editor Format Painter Clipboard Font Paragraph Styles Editing Voice Editor 1. 2 4 5 6. 7 If Busby Corporation's variable cost ratio is 0.75, targeted after tax net income is $27,580 (tax rate of 20%), and targeted sales volume in dollars is $219,000 then Busby's total fixed costs are: a. $27,170 b. $71,380 c. $20,275 d. $136,670 e. $129,775 f. $26,350 g. $54,750 Page 3 of 3 331 words English (United States) Focusם 160% 8:28 PM O Type here to search ENG 2/11/2021 (凸) . I . I ..?. . . E • . . L. . . t .. I ..
Subject : Accounting what is the lowest subscription level of QuickBooks online that allows custom fields to be added to purchase orders?
* CengageNOWv2 | Online teachin X b Home | bartleby x + A v2.cengagenow.com/iln/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false * D 9 : M Gmail O YouTube Maps Blackboard HW #9 - Chpt 21 O eBook Show Me How E Print Item 1. TMM.21.01 Contribution Margin and Contribution Margin Ratio For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions): 2. TMM.21.02 Sales $14,100 3. TMM.21.03 Food and packaging $5,994 Рayroll 3,600 4. TMM.21.04 Occupancy (rent, depreciation, etc.) 1,986 5. EX.21,01 General, selling, and administrative expenses 2,100 $13,680 6. EX.21.02 Income from operations $420 7. EX.21.03 Assume that the variable costs consist of food and packaging; payroll; and 40% of the general, selling, and administrative expenses. 8. EX.21.06.ALGO a. What is Wicker Company's contribution margin? Round to the nearest million. (Give answer in millions of dollars.) million 9. EX.21.09.ALGO b. What is Wicker…