Please need answer the accounting question Robin Me Blind, Inc. desires to sell a sufficient quantity of her newmagazine (Government Worker) to earn a profit of $80,000. Shebelieves in market-based transfer pricing. If the magazine salesprice is $20, the variable cost per magazine is $12, total fixed costsare $610,000, gold is selling at $1350 per ounce, and Hood Collegeis operating at full capacity, how many units must Bonita Bananasell to earn the $80,000 profit?

Step 1: Introduction to the Sales of a Target ProfitIn business, the cost-volume-profit analysis…

Answered: Robin Me Blind, Inc. desires to sell a…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6MC: Jansen Crafters has the capacity to produce 50,000 oak shelves per year and is currently selling...

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Dake Bakery is purchasing heavy cream from an outside suppliers. The comapny's dairy division, which has no excess capacity, makes and sells heavy cream at a variable cost of $32 per gallon and a selling price of $59 per gallon. If the dairy division begins sales to the bakery, it willl use the general transfer pricing rule and will be able to reduce vvariable cost on internal transfer by $5 per gallon. How much is the minimum transfer price per gallon that the dairy division should establish?
can you please help me figure this out
Saran Company has contacted Truckel with an offer to sell it 5,000 of the wickets for $18 each. If Truckel makes the wickets, variable costs are $16 per unit. Fixed costs are $8 per unit; however, $5 per unit is unavoidable. Should Truckel make or buy the wickets? a. Buy; savings = $15,000 b. Buy; savings = $5,000 c. Make; savings = $10,000 d. Make; savings = $5,000
Holiday Corporation has two divisions, Quail and Marlin. Quail produces a widget that Marlin could use in its production. Quail's variable costs are $4.30 per widget while the full cost is $7.30. Widgets sell on the open market for $12.60 each. If Quail has excess capacity, what would be the minimum transfer price if Marlin currently is purchasing 115,000 units on the open market? Multiple Choice $5.30 $4.30 $12.60 $7.30
4. Pacific Decor, Inc, designs, manufactures,and sells contemporary wood furniture. Ling Li is a furniture designer for Pacific. Li has spent much ofthe past month working on the design of a high-end dining room table. The design has been well-received byJose Alvarez, the product development manager. However, Alvarez wants to make sure that the table canbe priced competitively. Amy Hoover, Pacific's cost accountant, presents Alvarez with the following costdata for the expected production of 200 tables: Design cost $ 5,000 Direct materials 120,000 Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead 142,000 64,000 46,500 Marketing 15,000
Holiday Corp. has two divisions, Quail and Marlin. Quail produces a widget that Marlun could use in its production. Quail's variable costs are $5.80 per widget while the full cost is $8.80. Widgets sell on the open market for $15.6 each. If Quail has excess capacity, what would be the minimum transfer price if Marlin is purchasing 190000 units on the open market? a) $5.8 b) $8.8 c) $15.6 d) $6.8
Pederson Enterprises produces giant stuffed bears. Each bear consists of $12 of variable costs and $9 of fixed costs and sells for $45. A wholesaler offers to buy 6,000 units at $14 each, of which Pederson has the capacity to produce. Pederson will incur extra shipping costs of $1 per bear. What is the incremental income or loss that Pederson Enterprises would realize by accepting the special order? Should Pederson Enterprises accept the special order? lyi HH 99+
A company is negotiating with a potential supplier for the purchase of 100,000 widgets. The company estimates that the supplier’s variable costs are $5 per unit andthat the fixed costs, depreciation, overhead, and so on, are $50,000. The supplierquotes a price of $10 per unit. Calculate the estimated average cost per unit. do youthink $10 is too much to pay? Could the purchasing department negotiate a betterprice? How?
A buyer from another country offered to purchase 2,000 units of product for $ 2.50 per unit. The normal selling price is $ 3.00 per unit. The company's regular variable costs of $ 1.50 per unit would not change, however overall fixed costs would increase by $ 500 if his order is accepted. How much will net income increase if this special order is accepted? Multiple Choice $ 2,500. $ 2,000. $1,500. $ 3,000. $ 1,850.
McKenzie Company can sell 20,000 pounds of product for $10 per pound. The company can also process this product further and sell it for $17 per pound at a cost of $110,000. Should McKenzie sell product now or process it further and then sell it? What is the effect of the action? Group of answer choices Sell now, the company will be better off by $90,000. Process further, the company will be better off by $30,000. Sell now, the company will be better off by $140,000. Process further, the company will be better off by $140,000. Sell now, the company will be better off by $30,000.
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Assume that you are in charge of pricing for a firm thatproduces pickles. You have fixed costs of $2,000,000.Variable costs are $0.75 per jar of pickles. You are selling your product to retailers for $0.89. You sell thepickles in cases of 24 jars per case.a. How many jars of pickles must you sell to breakeven?b. How much must you sell in dollars to break even?c. How many jars of pickles must you sell to breakeven plus make a profit of $300,000?d. Assume a retailer buys your product for S0.89.His business requires that he prices products witha 35 percent markup on cost. Calculate his sellingprice.e. Assume you have an MSRP of $1.39 for the pickles.If a retailer has a required 35 percent retailer margin on all products he sells, what is the most he iswilling to pay the producer for the pickles?f. A clothing retailer knows that to break even andmake a profit he needs to have a minimum retailermargin (also referred to as a contribution margin orgross margin) of at least 60 percent. If he…

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