Questions
1. At the end of the year, a company offered to buy 4,510 units of a...

1. At the end of the year, a company offered to buy 4,510 units of a product from X Company for $12.00 each instead of the company's regular price of $17.00 each. The following income statement is for the 62,400 units of the product that X Company has already made and sold to its regular customers:

Sales $1,060,800

Cost of goods sold 504,192

Gross margin $556,608

Selling and administrative costs 156,000

Profit $400,608

For the year, fixed cost of goods sold were $122,304, and fixed selling and administrative costs were $78,000. The special order product has some unique features that will require additional material costs of $0.71 per unit and the rental of special equipment for $2,500. Profit on the special order would be?

2. The marketing manager thinks that if X Company accepts the special order, regular customers will be lost unless the selling price for them is reduced by $0.16. The effect of reducing the selling price will be to decrease firm profits by

In: Economics

By around the year 1000 the most “Carolingian” kingdom in Europe was that of the English...

By around the year 1000 the most “Carolingian” kingdom in Europe was that of the English while the least “Carolingian” was the lands that had formerly been “West Francia.” Write an essay that considers the factors that led, between roughly 850 and 1000 to a united and rather “Carolingian” kingdom in England and to the “feudal revolution” in France during those same years.

In: Psychology

what are the formulas for NOPM for the current year as if the company capitalized its...

what are the formulas for

NOPM for the current year as if the company capitalized its operating leases.

NOAT for the current year as if the company capitalized its operating leases.

RNOA for the current year as if the company capitalized its operating leases.

Financial Leverage as if the company capitalized its operating leases

Return on Equity as if the company capitalized its operating leases

Nonoperating Return as if the company capitalized its operating leases

In: Accounting

Questions 6, and 7 refer to the following information: At the end of the year, a...

Questions 6, and 7 refer to the following information:

At the end of the year, a company offered to buy 4,740 units of a product from X Company for a special price of $11.00 each instead of the company's regular price of $18.00 each. The following information relates to the 65,000 units of the product that X Company made and sold to its regular customers during the year:

Per-Unit Total     
Cost of goods sold $7.55    $490,750   
Period costs 2.22    144,300   
Total $9.77    $635,050   


Fixed cost of goods sold for the year were $124,150, and fixed period costs were $68,250. Variable period costs include selling commissions equal to 3% of revenue.

6. Profit on the special order is

7. Assume the following two changes for the special order: 1) variable cost of goods sold will decrease by $0.73 per unit, and 2) there will be no selling commissions. What would be the effect of these two changes on the special order profit?

PLEASE ANSWER BOTH

#6 = NOT 20,856

#7 = NOT 5024

In: Accounting

3-year pedagogical plan for grade 4 to 6 students

3-year pedagogical plan for grade 4 to 6 students

In: Operations Management

Consider a mutual fund with $219 million in assets at the start of the year and...

Consider a mutual fund with $219 million in assets at the start of the year and with 12 million shares outstanding. The fund invests in a portfolio of stocks that provides dividend income at the end of the year of $6 million. The stocks included in the fund's portfolio increase in price by 7%, but no securities are sold, and there are no capital gains distributions. The fund charges 12b-1 fees of 0.50%, which are deducted from portfolio assets at year-end. a. What is the net asset value at the start and end of the year?

What is the rate of return for an investor in the fund?

In: Finance

Why was the year 1989 one of the most momentous in the the twentieth century

Why was the year 1989 one of the most momentous in the the twentieth century

In: Psychology

At the end of the year, a company offered to buy 4,450 units of a product...

At the end of the year, a company offered to buy 4,450 units of a product from X Company for a special price of $11.00 each instead of the company's regular price of $17.00 each. The following information relates to the 62,400 units of the product that X Company made and sold to its regular customers during the year:

Per-Unit Total     
Cost of goods sold $7.80    $486,720   
Period costs 2.74    170,976   
Total $10.54    $657,696   


Fixed cost of goods sold for the year were $142,272, and fixed period costs were $83,616. Variable period costs include selling commissions equal to 3% of revenue.

6. Profit on the special order is


7. Assume the following two changes for the special order: 1) variable cost of goods sold will decrease by $0.78 per unit, and 2) there will be no selling commissions. What would be the effect of these two changes on the special order profit?


8. There is concern that regular customers will find out about the special order, and X Company's regular sales will fall by 950 units. As a result of these lost sales, X Company's profits would fall by

In: Accounting

Please answer ALL of the questions! At the end of the year, a company offered to...

Please answer ALL of the questions!

At the end of the year, a company offered to buy 4,100 units of a product from X Company for a special price of $12.00 each instead of the company's regular price of $18.00 each. The following information relates to the 68,400 units of the product that X Company made and sold to its regular customers during the year:

Per-Unit Total     
Cost of goods sold $9.43    $645,012   
Period costs 2.60    177,840   
Total $12.03    $822,852   


Fixed cost of goods sold for the year were $151,848, and fixed period costs were $78,660. Variable period costs include selling commissions equal to 4% of revenue.

6. Profit on the special order is

Tries 0/3


7. Assume the following two changes for the special order: 1) variable cost of goods sold will decrease by $0.87 per unit, and 2) there will be no selling commissions. What would be the effect of these two changes on the special order profit?

Tries 0/3


8. There is concern that regular customers will find out about the special order, and X Company's regular sales will fall by 700 units. As a result of these lost sales, X Company's profits would fall by

Tries 0/3

In: Accounting

At the end of the year, a company offered to buy 4,690 units of a product...

At the end of the year, a company offered to buy 4,690 units of a product from X Company for a special price of $12.00 each instead of the company's regular price of $19.00 each. The following information relates to the 67,200 units of the product that X Company made and sold to its regular customers during the year:

Per-Unit Total     
Cost of goods sold $8.01    $538,272   
Period costs 2.53    170,016   
Total $10.54    $708,288   


Fixed cost of goods sold for the year were $130,368, and fixed period costs were $73,920. Variable period costs include selling commissions equal to 2% of revenue.

6. Profit on the special order is

Tries 0/3


7. Assume the following two changes for the special order: 1) variable cost of goods sold will increase by $0.90 per unit, and 2) there will be no selling commissions. What would be the effect of these two changes on the special order profit?

Tries 0/3


8. There is concern that regular customers will find out about the special order, and X Company's regular sales will fall by 500 units. As a result of these lost sales, X Company's profits would fall by

In: Accounting