Prepare a schedule reflecting an incremental analysis of this proposal. (Enter negative amounts using either a negative sign precedingthe number e.g. -45 or parentheses e.g. (45). Do not leave any field blank. Enter O for the amounts.)$$CULLUMBER COMPANYIncremental AnalysisProposal to sell 8,000 units at $80Reject Order$$Accept Order$$Net IncomeIncrease (Decrease)SUPPO Cullumber Company produced and sold 53,000 units of product and is operating at 70% of plant capacity. Unit information about itsproduct is as follows:Sales priceVariable manufacturing costFixed manufacturing cost ($530,000 ÷ 53,000)Profit per unit$7510$10085$15The company received a proposal from a foreign company to buy 8,000 units of Cullumber Company's product for $80 per unit. This isa one-time only order and acceptance of this proposal will not affect the company's regular sales. The president of CullumberCompany is reluctant to accept the proposal because he is concerned that the company will lose money on the special order.

For taking special order decisions, incremental revenues should be compared with incremental costs.…

Prepare a schedule reflecting an incremental analysis of this proposal. (Enter negative amounts using either a negative sign preced the number e.g. -45 or parentheses e.g. (45). Do not leave any field blank. Enter O for the amounts.) $ CULLUMBER COMPANY Incremental Analysis Proposal to sell 8,000 units at $80 Reject Order $ $ Accept Order $ $ Net Income Increase (Decrease) SU

Prepare a schedule reflecting an incremental analysis of this proposal. (Enter negative amounts using either a negative sign preced the number e.g. -45 or parentheses e.g. (45). Do not leave any field blank. Enter O for the amounts.) $ CULLUMBER COMPANY Incremental Analysis Proposal to sell 8,000 units at $80 Reject Order $ $ Accept Order $ $ Net Income Increase (Decrease) SU

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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* CengageNOWv2 | Online teachin x now.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress3false Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of Safety, and Operating Leverage Belmain Co. expects to maintain the same inventories at the end of 20Y7 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these estimates is as follows: Estimated Estimated Variable Cost Fixed Cost (per unit sold) Production costs: Direct materials $19 Direct labor 13 Factory overhead $182,500 10 Selling expenses: Sales salaries and commissions 37,900 4 Advertising 12,800 Travel 2,900 Miscellaneous selling expense 3,100 4 Administrative expenses: Office and officers' salaries 37,100 Supplies 4,600 2…
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Find the missing inventories