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Lawson Industries has been producing and selling 42,000 lamps a year. Lawson Industries has the capacity to prod 52,000 lamps with its present facilities. The following information is also available: $30 Selling price per unit Variable costs per unit: Manufacturing Selling and Administrative Fixed costs in total: Manufacturing Selling and Administrative a increase by $90,000 Ob increase by $130,000 Oc increase by $120,000 Od decrease by $24.000. 13 7 If a special order is accepted for 10,000 lamps at a price of $26 per unit, net income would 4 $128,000 56,000

Lawson Industries has been producing and selling 42,000 lamps a year. Lawson Industries has the capacity to prod 52,000 lamps with its present facilities. The following information is also available: $30 Selling price per unit Variable costs per unit: Manufacturing Selling and Administrative Fixed costs in total: Manufacturing Selling and Administrative a increase by $90,000 Ob increase by $130,000 Oc increase by $120,000 Od decrease by $24.000. 13 7 If a special order is accepted for 10,000 lamps at a price of $26 per unit, net income would 4 $128,000 56,000

FINANCIAL ACCOUNTING
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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Lawson Industries has been producing and selling 42,000 lamps a year. Lawson Industries has the capacity to produce 52,000 lamps with its present facilities. The following information is also available: Selling price per unit Variable costs per unit: Manufacturing Selling and Administrative Fixed costs in total: Manufacturing Selling and Administrative $30 4 13 7 $128,000 56,000 If a special order is accepted for 10,000 lamps at a price of $26 per unit, net income would a increase by $90,000 Ob increase by $130,000 Oc increase by $120,000 Od decrease by $24,000
Transcribed Image Text:Lawson Industries has been producing and selling 42,000 lamps a year. Lawson Industries has the capacity to produce 52,000 lamps with its present facilities. The following information is also available: Selling price per unit Variable costs per unit: Manufacturing Selling and Administrative Fixed costs in total: Manufacturing Selling and Administrative $30 4 13 7 $128,000 56,000 If a special order is accepted for 10,000 lamps at a price of $26 per unit, net income would a increase by $90,000 Ob increase by $130,000 Oc increase by $120,000 Od decrease by $24,000
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