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 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 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 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
In: Operations Management
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
In: Psychology
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 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 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