Which statement is true for this general accounting question? In 2021, it cost Oceanic Corp. $11 per unit to produce part B4. In 2022, it hasincreased to $14 per unit. In 2022, Westside Inc. has offered to provide Part B4for $9 per unit to Oceanic. As it pertains to the make-or-buy decision, whichstatement is true?a. Incremental costs are $3 per unit.b. Incremental revenues are $5 per unit.c. Net relevant costs are $3 per unit.d. Differential costs are $5 per unit.

Option a: This option is incorrect because the incremental cost is $5 per unit. Option b: This…

Answered: In 2021, it cost Oceanic Corp. $11 per…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 9EA: The cost data for Evencoat Paint for the year 2019 is as follows: Using the high-low method, express...

See similar textbooks

Similar questions

During 2021, it cost Bramble Inc. $13 per unit to produce Part T5. During 2022, the cost has increased to $14 per unit. In 2022, Cullumber Company has offered to sell the Part T5 for $10 per unit to Bramble. With regard to the make-or-buy decision, which statement is true? Incremental costs are $3 per unit. Net relevant costs are $3 per unit. Incremental revenues are $1 per unit. Differential costs are $4 per unit.
During 2019, it cost Sheridan Company $20 per unit to produce part T5. During 2020, it has increased to $25 per unit. In 2020, Southside Company has offered to provide Part T5 for $18 per unit to Sheridan. As it pertains to the make-or-buy decision, which statement is true? O Differential costs are $7 per unit. O Incremental revenues are $5 per unit. O Incremental costs are $2 per unit. O Net relevant costs are $2 per unit.
The cost to produce Part A was $5 per unit in 2021. During 2022, it has increased to $9 per unit. In 2022, Carla VistaCompany has offered to supply Part A for $6 per unit. For the make-or-buy decision, net relevant costs are $4 per unit. differential costs are $3 per unit. incremental costs are $4 per unit. incremental revenues are $1 per unit.
Financial Accounting Question please answer
I don't need ai answer
Kando Company incurs a $9.00 per unit cost for Product A, which it currently manufactures and sells for $13.50 per unit. Instead of manufacturing and selling this product, the company can purchase it for $5.00 per unit and sell it for $10.30 per unit. If it does so, unit sales would remain unchanged and $5.00 of the $9.00 per unit costs of Product A would be eliminated. 1. Prepare Incremental cost analysis. Should the company continue to manufacture Product A or purchase it for resale? (Round your answers to 2 decimal places.) Selling price per unit Cost per unit to make Cost per unit to buy Cost per unit not eliminated if bought Income per unit Company should Make Buy
In 2024, Sunland Company had a break-even point of $372,000 based on a unit selling price of $6.00 and fixed costs of $111,600. In 2025, the unit selling price and the unit variable costs did not change, but the break-even point increased to $495,000. (a) * Your answer is incorrect. Compute the unit variable costs and the contribution margin ratio for 2024. (Round unit variable cost to 2 decimal places, e.g. 2.25 and contribution margin ratio to O decimal places, e.g. 20%.) Unit variable cost Contribution margin ratio %
None
In 2020, National Co. sold 1,000 units at P500 each, and earned net income of P40,000. Variable expenses were P300 per unit, and fixed expenses were P160,000. The same selling price is expected for 2021. National Co.’s variable cost per unit will rise by 10% in 2021 due to increasing material costs, so they are tentatively planning to cut fixed costs by P10,000. How many units must National Co. sell in 2021 to maintain the same income level as 2020?
Blossom Company is considering two alternatives. Alternative A will have revenues of $145,100 and costs of $104,800. Alternative B will have revenues of $184,300 and costs of $121,900. Compare Alternative A to Alternative B showing incremental revenues, costs, and net income. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Alternative A $ 145100 Revenues Costs Net Income 104800 40300 Alternative B Vis better than Alternative A Alternative B Net Income Increase (Decrease) 184300 $ 39200 i 121900 62400 17100 22100
Brad Co. has introduced a new product in 2021. The following information relates to this new product: Selling Price Variable Manufacturing Costs Variable Selling Costs Fixed Manufacturing Costs Fixed Selling Costs $175 $50 $20 $114,800 $71,694 $136,667 $242,500 $82,000 $63,500 The owner has asked you to calculate what the breakeven value of sales would be in dollars?
Can you please provide correct answer the general accounting question?

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

SEE MORE TEXTBOOKS