Sprint company makes special equipment used

Assignment Help Accounting Basics
Reference no: EM131133910

Sprint Company makes special equipment used in cell towers. Each unit sells for $400. Sprint produces and sells 12,500 units per year. They have provided the following income statement data: A foreign company has offered to buy 80 units for a reduced price of $300 per unit. The marketing manager says the sale will not negatively affect the company's regular sales. The sales manager says that this sale will require incremental selling & administrative costs, as it is a one - time deal. The production manager reports that there is plenty of excess capacity to accommodate the deal without requiring any additional fixed costs. If Sprint accepts the deal, how will this impact operating income? down $24,000 up $24,000 down $15,040 up $15,040

Reference no: EM131133910

Prepare in general journal format the entry to record

(Issuance of Bonds with Detachable Warrants) On September 1, 2010, Jacob Company sold at 104 (plus accrued interest) 3,000 of its 8%, 10-year, $1,000 face value, nonconvertibl

Listed below are the transactions

On November 2, 2012, the board of directors declared a cash dividend of $0.65 per share on its common shares, payable to shareholders of record November 16, to be paid Decembe

What is pauls tax on his 2015 dividend income

What is her gross income and deductions from the annuity contract in the year of her death if she dies after receiving 254 payments and died on May 31st of that tax year?

Exercise activity-based budgeting

Fermi Company decided to look more closely at the materials receiving activity in its factory. The driver for receiving is the number of receiving orders. The following inf

What is ending inventory assuming northwest use gross method

Cost of goods sold for the year was $373,000. Northwest uses a perpetual inventory system. What is ending inventory assuming Northwest uses the gross method to record purcha

What are the two primary qualities

Rex Chapman, Inc. does not issue its first-quarter report until after the second quarter's results are reported. Which qualitative characteristic of accounting is not followed

Order to collaborated over data and information

There are millions of businesses around the world that have come to realize they need to place the importance of allowing computers to access others in order to collaborated

Cost of carbonated beverages

How would the concepts of utility, income, and substitution impact your purchases based on the rise in the cost of carbonated beverages?

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd