In 2021, it cost Oceanic Corp. $11 per unit to produce part B4. In 2022, it has increased to $14 per unit. In 2022, Westside Inc. has offered to provide Part B4 for $9 per unit to Oceanic. As it pertains to the make-or-buy decision, which statement 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.
Q: None
A: The terms "2/5, net 30" mean the buyer gets a 2% discount if the bill is paid within 5 days,…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Price/Earnings (P/E) RatioThe price/earnings (P/E) ratio measures a company's…
Q: Expert need your help
A: Step 1:Conversion cost is the sum of Direct Labor and the manufacturing Overhead. Step 2:Direct…
Q: Please provide answer this financial accounting question
A: Step 1: Define Contribution Margin RatioThe contribution margin ratio represents the percentage of…
Q: 4 POINTS
A:
Q: I want answer
A: Explanation of Predetermined Overhead Rate:The predetermined overhead rate is a rate used to apply…
Q: Provide answer general accounting question
A: Step 1: Definition of Annual Interest RateThe annual interest rate (also known as APR — Annual…
Q: Subject:- General Account
A: The correct answer is:b. Indirect costs Explanation:Annual Machine Maintenance is a cost incurred…
Q: Provide answer general accounting
A: Given:Beginning Price = $25Ending Price = $28.50Dividend = $1.75 Rate of Return = [(Ending Price -…
Q: Need help
A: Explanation: The amount of operating income can be calculated using the following formula:Operating…
Q: None
A: Step 1: Definition of Current LiabilitiesCurrent liabilities are the obligations that a company is…
Q: Kindly help me with accounting questions
A: Step 1: information givenEffective Annual Rate (EAR) = 8.24% or 0.0824Compounding frequency (n) = 12…
Q: SOLVE. GENERAL ACCOUNT
A: To calculate the variable overhead efficiency variance, we use the following formula: Variable…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Contribution Margin RatioThe contribution margin ratio is the percentage of…
Q: ABC Company sold a machine for $56,000 that originally cost $306,000. The balance of the Accumulated…
A: Step 1: Book value Book value = Original cost - Accumulated depreciationBook value = $306,000 -…
Q: Calculate the days sales in inventory? General accounting
A: Step 1: Definition of Days Sales in Inventory (DSI)Days Sales in Inventory (DSI) measures the…
Q: Don't use ai given answer accounting questions
A: Capital Gain: Selling price - Purchase price = $2,120 - $2,000 = $120 Total Gain: Capital Gain +…
Q: Samo Co. Incurred the following costs
A: All Costs listed above are discussed below to be included in Work-in-process Inventory:Raw materials…
Q: A davis company has fixed costs of solve this question general Accounting
A: Step 1: Define Break-Even AnalysisThe break-even analysis is usually carried out by a given firm to…
Q: Cotuit Company has a current ratio of 5.9 and an acid-test ratio of 5.4. The company's current…
A: Step 1: Analysis of information givenCurrent ratio = 5.9Acid-test ratio = 5.4Inventories =…
Q: None
A: To calculate the wages and salaries payable for EnField Corp. as of December 31, we need to…
Q: What is the degree of opereting leverage?
A: To calculate the Degree of Operating Leverage (DOL), we first need to determine the contribution…
Q: The standard costs and actual costs for.... Please answer the general accounting question
A: Step 1: Define Variable Factory Overhead Controllable VarianceThe variable factory overhead…
Q: What is the contribution margin ratio on these general accounting question?
A: First, let's identify the key information:Sales = $920,000Variable costs = 63% of sales = 0.63 ×…
Q: Financial accounting question
A: Step 1: Define Debt-to-Equity RatioThe debt-to-equity ratio allows the users of financial statements…
Q: The balance sheets of Davidson Corporation reported net fixed assets of $830,000 at the end of Year…
A: Approach to solving the question: For better clarity of the solution, I have provided both the…
Q: What is margin ratio?
A: The contribution margin ratio is calculated using the formula: Contribution Margin Ratio = (Sales -…
Q: EnField Corp. has 7 employees and each employee is paid on average $173 per day and works 7 days a…
A: Step 1: IntroductionThe last payment was for the period ending December 16, meaning wages for the 15…
Q: What will be the per unit cost of the app if the company sells?
A: The question requires the determination of the total cost per unit. he total cost per unit combines…
Q: Provide answer to below question
A: Step 1:The predetermined overhead rate is calculated by dividing the total estimated overhead by the…
Q: Questions - General Account
A: Step 1: Understand the FormulaThe formula for unit cost of conversion costs is: Unit Cost for…
Q: Lancaster Holding purchased a group of assets for.... Please answer the general accounting
A: Step 1: Define Asset Allocation Based on Relative Market ValueWhen assets are purchased as a group…
Q: Answer this Financial Accounting problem
A: iv) Priority in dividend paymentsPreferred stock typically has priority over common stock in…
Q: Please solve this question general accounting
A: Step 1: Analysis of information providedNet Sales = $1,030 millionCost of goods sold = $470…
Q: Office Plus determines overhead rates based on machine hours. Budgeted overhead is $240,000, and…
A: Concept of Budgeted Overhead:Budgeted overhead is the estimated total cost of indirect expenses that…
Q: Financial Accounting
A: Step 1: Define Reward Credit CardA credit card that promotes card spending by providing different…
Q: Hi expert please give me answer general accounting question
A: To calculate the rate of return, the formula is: Rate of Return = ((Ending Price - Beginning Price +…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Current RatioThe current ratio measures a company's ability to meet its…
Q: What is the equity multiplier ?
A: The question requires the determination of the equity multiplier. Equity multiplier is a leverage…
Q: I need this question answer general Accounting
A: Step 1: Define Bond Issuance at PremiumWhen bonds are issued at a price above their face value, they…
Q: Financial Accounting Question
A: To determine the selling price per unit, we can use the following formula: Profit = (Selling Price -…
Q: Deluxe Auto Parts holds inventory all over the world. Assume that the records for one auto part show…
A: Step 1: Introduction to inventoryInventory refers to the goods and materials that a company holds…
Q: Given correct answer financial accounting question
A: To determine the recognized gain, we use the formula for calculating a recognized gain when a…
Q: Financial Accounting: Shiva Corporation's break-even point in sales is $840,000, and its variable…
A: Step 1:Given that, Break-even point in sales = $840,000 Loss = $33,000 or profit = - $33,000…
Q: Silver line Corporation reports the following balance: please answer the general accounting question
A: a) Stockholder's EquityStockholder's equity is composed of:Common stockAdditional Paid-in Capital…
Q: The estimated allocation base is 39,800 machine hours and the estimated total manufacturing overhead…
A: Step 1: Introduction to factory overheadFactory overheads are defined as indirect costs that are not…
Q: Right answer
A: The gross margin is calculated with this formula:Gross margin = Sales - Cost of goods sold With the…
Q: Financial accounting
A: Step 1: Calculate the nominal rate of returnDividend yield = $1.60 (dividend) / $60 (initial price)…
Q: Please provide correct option of this general accounting question
A: Step 1: Define Gross Profit MarginGross Profit Margin is the percentage of sales revenue that…
Q: Need answer
A: Explanation of Salary Expense: Salary Expense represents the total amount of wages and salaries that…
Which statement is true for this general accounting question?
Step by step
Solved in 2 steps
- 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.Quick answer of this accounting questionsThe 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.
- I don't need ai answerKando 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 BuyIn 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 %
- NonePT Manunggal sells its production during 2022 as many as 15,000 units with a selling price of Rp. 10,000 per unit. To produce 15,000 units, the fixed costs are Rp. 50 million and variable costs are Rp. 4,000 per unit. For 2023, it is estimated that the number of units sold will increase by 10%. Requested: Assuming the selling price, fixed costs and variable costs do not change, calculate the estimated operating profit/loss for 2023. Notes : Write it down along with the complete way of workingIn 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?
- 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?Friedman Co. is considering adding a new product. Based on preliminary market research, the company has decided that the price of the product should be $47. If the company's profit margin is 22 percent of revenues, what should the target cost be? $