+1-415-670-9189
info@expertsmind.com
Gruner also incurs 7 sales commission 048 on each disc
Course:- Accounting Basics
Reference No.:- EM13601522




Assignment Help
Assignment Help >> Accounting Basics

Gruner Co. produces golf discs which it normally sells to retailers for $6.92 each. The cost of manufacturing 20,100 disc is :

  • Materials $10,251
  • Labor 30,954
  • Variable overhead 20,301
  • Fixed overhead 39,396
  • 100,902

Gruner also incurs 7% sales commission ($0.48) on each disc. Travis Corporation offers Gruner $4.97 per disc for 5,800 disc. Travis would sell the discs under its own brand name in foreign markets not yet served by Gruner. If Gruner accepts the offer its fixed overhead will increase $39,396 to 44,095 due to the purchase of a new imprinting machine. No sales commission will result from the special order.
Reject Accept order Net income.




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Accounting Basics) Materials
On May 27, Linoleum Associates Co. paid $950 to repair the transmission on one of its delivery vans. In addition, Linoleum Associates paid $450 to install a GPS system in its
The purpose of this Assignment is to connect theory to practice. You will connect what you did this past week with the course outcomes and professional competencies listed in
Enron Corporation was a darling in the energy-provider arena, and in January 2001 its stock price rose above $100 per share. A collapse of investor confidence in 2001 and
Wiley Company had total revenues of $300,000 for a recent month. During the month the company incurred operating expenses of $205,000 and purchased land for $45,000. Compute
1. Companies disclose the impact of new accounting pronouncements in the footnotes to their financial statements(Usually in the Summary of Significant Accounting Policies).
ACC/ACF2100 Financial Accounting Assignment. Required: Prepare an acquisition analysis at 1 July 2011. Prepare the revaluation and pre-acquisition journal entries at 30 June 2
1. How much freedom should a company like Altitude Online allow for its employees to choose their own personal application software? Why might a company prefer to standardiz
Compute the amount of 2015 dividends, in total and per share, payable to each class of stockholders for each case. Show computations. Round per-share amounts to two decimal pl