Violet has received a special order for 110 units of its product. The product normally sells for $2,400 and has the following manufacturing costs: Direct materials Per unit $ 640 Direct labor 340 Variable manufacturing overhead 440 Fixed manufacturing overhead 690 $ $2,110 Unit cost Assume that Violet has sufficient capacity to fill the order without harming normal production and sales. What minimum price should Violet charge to achieve a $19,800 incremental profit? A. $2,110 B. $1,730 C. $1,600 D. $1,420
Q: None
A: Requirement 1: To get the estimated sales per quarter, simply multiply the selling price and the…
Q: Can you please solve this accounting question?
A: Step 1: Define Pension ExpenseThe Pension expense refers to the amount payable to the employees by…
Q: VAS corporation had..Accounting question
A: Step 1: Define Return on EquityIn this financial ratio, the net income is compared with the…
Q: Give me answer accounting
A: Let us compute for the contribution margin by deducting variable costs from sales. Then further…
Q: Hi bestie what is a movable noun
A: Detailed explanation: 1. Countable NounsCountable nouns are objects or things that can be counted…
Q: Provide this question solution general accounting
A: To calculate the cash received from the sale of bonds issued at 96, we can use the following…
Q: CALCULATE PER
A: Steps and explanations are as follows:In case of any doubt, please let me know. Thank you.
Q: Provide answer
A: Explanation of Prior Period Adjustment:A prior period adjustment refers to corrections made to…
Q: I need answer of this question solution general accounting
A: Step 1: Define Avoidable CostThe concept of avoidable costs is used in management decision-making.…
Q: I need answer of this question solution general accounting
A: Step 1: The present value of the note is equal to the multiplication of the Present value of the…
Q: Question: A company entered into the following transactions: 1. Borrowed $5,100 from the bank by…
A: Step 1: To calculate the total assets amount, first analyze each transaction's effect on assets,…
Q: Please provide answer this general accounting question
A: Step 1: Define NoteThe note is a financial security that is issued by companies to borrow amounts.…
Q: Calculate the final payment amount
A: Explanation of Trade Discount: A trade discount is a reduction in the list price of goods or…
Q: Can you solve these accounting problem?
A: Explanation: On December 31, Year 1, the payment of annual installment of $14,238 will be made. This…
Q: I want correct answer general accounting
A: Step 1: Define Overhead ExpensesIt is very difficult to track and locate the manufacturing overhead…
Q: Need help with this question solution general accounting
A: Step 1: Define Absorption CostingThe absorption costing method considers the fixed manufacturing…
Q: posting in account
A: Part 1: Markup Percentage using Absorption Cost PricingThe absorption cost per unit is calculated as…
Q: answer??
A: Explanation of Job Costing: Job costing is an accounting method used to track and accumulate the…
Q: 2) What happens to production costs for a period under process costing? ○ They are assigned to…
A: Step 1:Process Costing: Processing costing used where similar units of mass production. It is used…
Q: I need questions answers accounting
A: Step 1:Formula Cash balance at the beginning of = Closing balance at the end - cash receipts + cash…
Q: None
A: Key Information:Joint Costs Allocation:Table Covers: $287,078Chair Covers: $510,362Total Joint…
Q: What is the answer?
A: Step 1: Calculate the book value of the equipment:• Formula: Book Value = Original Purchase Price -…
Q: I need answer of this question solution general accounting
A: Step 1: Define Return on AssetsReturn on assets is a profitability ratio which measures the…
Q: The shareholders' equity of ILP Industries includes the items shown below. The board of directors of…
A: All amounts are in millions. ($14,000,000 --> $14) Step 1: Cumulative and Nonparticipating Annual…
Q: Provide this question solution general accounting
A: Step 1: Define Net IncomeThe net income is used to calculate the net profit margin and other…
Q: Provide this question solution general finance
A: The question pertains to the determination of the payout ratio. The payout ratio shows the…
Q: State the payroll amount
A: Explanation of Regular Pay:Regular pay refers to the compensation earned by an employee for working…
Q: ROA
A: Explanation of Net Income:Net income represents the profit a company earns after deducting all…
Q: く CONNECT LINK Oh Tp CHAPTER 6 MOOKIE EXERCISES ezto.mheducation.com Vendors Saved 8 Part 8 of 16 10…
A: To address your question accurately, let's break it down step by step, based on the details provided…
Q: Accounting question please giveme answer
A: Step 1: Define Inventory ManagementThe total costs incurred for the inventory management of a firm…
Q: Provide this question solution general accounting
A: Step 1: Calculate the accounts receivable (AR) turnover ratio.= net sales / average accounts…
Q: Please provide this question solution accounting
A: To compute the desired profit, let us use the formula given in the problem, that the desired…
Q: 5 Accounting
A: Step 1: Material price variance and material quantity variance:- i) Material price variance =…
Q: Provide this question solution general finance
A: Step 1: Define Net Profit MarginThe net profit margin is one of the profitability ratios used in the…
Q: Accounting question
A: Step 1: Define Gross ProfitGross profit can be located on the trading statement of a company. This…
Q: Fussner medical clinic.. Please give me answer Accounting question
A: Step 1: Define Spending VarianceSpending variance can be defined as the difference between the…
Q: Total cash? That should be in the register.
A: Detailed explanation: Cash Sales $ 3450 Less Cash…
Q: Estimate the value
A: Explanation of Earnings Per Share (EPS):Earnings per share (EPS) is a financial metric that…
Q: Hello tutor please provide answer accounting
A: Step 1: Define Standard CostingIn standard costing, various variances are computed and studied to…
Q: The underlying equity of an investment at acquisition: Question 10Answer a. Is equal to the fair…
A: The underlying equity of an investment refers to the value of the assets that an investor acquires…
Q: Provide this question solution general accounting
A: Step 1: Analyze the ChangesInventory: Increased by $1,100 ($123,500 - $122,400). This means the…
Q: Required: Compute the following three ratios for The Home Depot's year ended January 30, 2022: fixed…
A: Step 1: Definition of Fixed Asset Turnover Fixed Asset Turnover is a financial metric that evaluates…
Q: Fill in the blank with correct answer
A: In accounting, when a company leases an asset under terms that effectively transfer the right to use…
Q: On January 2, Koo Company purchased a 25 percent interest in Poo Company for $240,000. On this date,…
A: First, we need to calculate the excess of cost over book value. This is the difference between the…
Q: Hello tutor provide answer this accounting question not use ai
A: Step 1:Standard rate is the rate which a company assumed to be incur on production.Standard cost…
Q: Q-26 answer me
A: Explanation of Cost of Goods Available for Sale:Cost of goods available for sale refers to the total…
Q: Kendall company has sales...I need answer
A: Step 1: Define DOLDOL is an acronym that represents the degree of operating leverage. The DOL is a…
Q: Please provide answer the accounting question do fast
A: Step 1: Understand the ProblemCredit Sales (2014): $85,000Accounts Written Off (2014): $610Cash…
Q: The office supplies expense for the period is:
A: Step 1: Calculate the total supplies available:Total supplies available = Beginning supplies +…
Q: The Collins corporation this question solution general accounting
A: Step 1: Define Material Price VarianceMaterial price variance calculates the difference between the…
I want to correct answer general finance
Step by step
Solved in 2 steps
- Peach has received a special order for 11,000 units of its product. The product normally sells for $22 and has the following manufacturing costs: Per unitDirect materials $ 6Direct labor 4Variable manufacturing overhead 3Fixed manufacturing overhead 4Unit cost $ 17 Assume that Peach has sufficient capacity to fill the order. What price should Peach charge to make a $11,000 incremental profit? Multiple Choice 1. $22 2.$203.$174.$14Peach has received a special order for 10,000 units of its product. Please solve this general accounting questionHelp Crystal has received a special order for 4,000 units of its product. The product normally sells for $330 and has the following manufacturing costs: Save & Exit Submit Direct materials Per unit Direct labor $116 63 Variable manufacturing overhead Fixed manufacturing overhead 49 22 Unit cost $250 Crystal is currently operating at full capacity and cannot fill the order without harming normal production and sales. What minimum price should Crystal charge to earn an incremental profit of $136,000? Multiple Choice $293 $330 Next > 17PM of 25
- A company has received a special order for 2,030 units of its product at a special price of $153. The product normally sells for $203 and has the following manufacturing costs: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total unit cost Cost per Unit $53 33 23 43 $152 Assume there is sufficient capacity to fill the order without harming normal production and sales. Required: a. If the order is accepted, what effect will it have on the company's short-term profit? b. What minimum unit price should the compnay charge to achieve a $43,000 incremental profit? c. Now, assume the company is currently operating at full capacity and cannot fill the order without harming normal production and sales. If the order is accepted, what effect will it have on the company's short-term profit? Complete this question by entering your answers in the tabs below. Required B Required A Required C If Capitol accepts the order, what effect will the order have on…What are the fixed overhead costs of making the component?please step by step solution.
- A company has received a special order from a customer to make 5,000 units of acustomized product. The direct materials cost per unit of the customized product is$15, the direct labor cost per unit is $5, and the manufacturing overhead per unit is$18, including $6 of variable manufacturing overhead. If the company has sufficientavailable manufacturing capacity, what is the minimum price that can be accepted forthe special order?a. $24 c. $32b. $26 d. $38A customer has requested a special order of ABC Co's primary product and has offered to pay $30 per unit. While the product would be modified slightly for the special order, the product's normal information is provided below Sales price per unit Direct materials per unit Direct labor per unit $25.50 Total Fixed Costs $6.20 $2 Variable manufacturing overhead per unit $ 4.40 $1,150,000 The customer would like modifications made to each product that would increase the variable costs by $2.20 per unit and that would require an investment of $24,000 in special molds that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare capacity for producing the special order. How large would the special order have to be in units in order for ABC Co to break even on the special order?Rainbow manufacturing has recieved solve this accounting questions
- Can you please give answer the accounting question?Please help me with show all calculation thankuAssume a company is considering whether to accept or reject a special order opportunity to sell a customer 300 units of a slightly customized version of one of its products for $37.25. The normal selling price of this product is $48 per unit. It can fulfill the order using existing manufacturing capacity. The company’s accounting system estimates the following unit product cost for this product: Per Unit Direct materials $ 18 Direct labor 12 Manufacturing overhead 10 Total cost $ 40 The company estimates that $3 of its manufacturing overhead varies with respect to the number of units produced. The remainder of its overhead is fixed and unaffected by the volume of units produced within the relevant range. Assuming that this decision will have no effect on sales to other customers, what is the financial advantage (disadvantage) of accepting the special order?