EX25-15the red asterisks show where i went wrong Brightstone Tire and Rubber Company has capacity to produce 170,000 tires.Brightstone presently produces and sells 130,000 tires for the North Americanmarket at a price of $175 per tire. Brightstone is evaluating a special order from aEuropean automobile company, Euro Motors. Euro is offering to buy 20,000 tires for$116 per tire. Brightstone's accounting system indicates that the total cost per tire isas follows:Direct materialsDirect laborFactory overhead (60% variable)Selling and administrative expenses ( 45 % variable)Total$ 56222526$129ExcelShowMeHowBrightstone pays a selling commission equal to 5% of the selling price on North American orders,which is included in the variable portion of the selling and administrative expenses. However, thisspecial order would not have a sales commission. If the order was accepted, the tires would beshipped overseas for an additional shipping cost of $7.50 per tire. In addition, Euro has made theorder conditional on receiving European safety certification. Brightstone estimates that thiscertification would cost $165,000. PºRevenuesCosts:Direct materialsDirect laborVariable factory overheadVariable selling and admin. expensesShipping costsCertification costsIncome (loss)Brightstone shouldDifferential AnalysisReject Order (Alt. 1) or Accept Order (Alt. 2)January 21Minimum Price per UnitAlternative calculation:Selling Price Offeredby Euro Motors=Reject Order(Alternative 1)$(2,320,000) *1,120,000440,000300,000116,000150,000165,000Total Differential CostsNumber of UnitsAccept Order(Alternative 2)$ 2,320,000accept the special order from Euro Motors.Differential Income fromAccepting Special OrderNumber of Units(1,120,000)(440,000)(300,000)(116,000)(150,000)(165,000)1-C||Differential Effecton Income(Alternative 2)$ 2,320,000(1,120,000)(440,000)(300,000)(116,000) *(150,000)(165,000)

COST FOR REJECTION If the Special Order are Rejected in this Case there no any other Required to…

Pº Revenues Costs: Direct materials Direct labor Variable factory overhead Variable selling and admin. expenses Shipping costs Certification costs Income (loss) Brightstone should Differential Analysis Reject Order (Alt. 1) or Accept Order (Alt. 2) January 21 Minimum Price per Unit Alternative calculation: Selling Price Offered by Euro Motors = Reject Order (Alternative 1) $(2,320,000) * 1,120,000 440,000 300,000 116,000 150,000 165,000 Total Differential Costs Number of Units Accept Order (Alternative 2) $ 2,320,000 accept the special order from Euro Motors. Differential Income from Accepting Special Order Number of Units (1,120,000) (440,000) (300,000) (116,000) (150,000) (165,000) 1-C || Differential Effect on Income (Alternative 2) $ 2,320,000 (1,120,000) (440,000) (300,000) (116,000) * (150,000) (165,000)

Pº Revenues Costs: Direct materials Direct labor Variable factory overhead Variable selling and admin. expenses Shipping costs Certification costs Income (loss) Brightstone should Differential Analysis Reject Order (Alt. 1) or Accept Order (Alt. 2) January 21 Minimum Price per Unit Alternative calculation: Selling Price Offered by Euro Motors = Reject Order (Alternative 1) $(2,320,000) * 1,120,000 440,000 300,000 116,000 150,000 165,000 Total Differential Costs Number of Units Accept Order (Alternative 2) $ 2,320,000 accept the special order from Euro Motors. Differential Income from Accepting Special Order Number of Units (1,120,000) (440,000) (300,000) (116,000) (150,000) (165,000) 1-C || Differential Effect on Income (Alternative 2) $ 2,320,000 (1,120,000) (440,000) (300,000) (116,000) * (150,000) (165,000)

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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