Average fixed cost per unit on regular sales

Assignment Help Financial Accounting
Reference no: EM131257543

Special Order

Northern Company regularly sells its only product for $36 per unit and has a 25% profit on each sale. The company has accepted a special order for a number of units, the production of which would use part of its unused capacity. The special order sales price is 50% of the normal price, and the profit margin is only 60% of the regular dollar profit. What, apparently, is

Round answers to two decimal places, when applicable.

a. Northern's profit per unit on the special order?

b. Northern's variable cost per unit?

c. Northern's average fixed cost per unit on regular sales?

Reference no: EM131257543

Questions Cloud

Jit at arnold palmer hospital : What do you recommend be done when an error is found in a pack as it is opened for an operation? - How might the procedure for custom surgical packs described here be improved?
Training in computer-generated animation : 1. Tim is looking for a job with flexible hours but has not been offered one yet. 2. Vickie lost her job as a graphic artist at a movie studio because she did not have training in computer-generated animation 3. Kirby is seeking a job as an airlin..
Identify the main point and the supporting points : Some people use handguns in self-defense. Preventing someone from defending herself by taking away her weapon is the same as helping the attacker. Bans on handguns are therefore the same as giving aid to the attackers. Since giving aid to the a..
Discuss a research designs used in psychological studies : Describe the influence of culture on the expression of psychopathology. Explain the basic structure of the DSM to describe psychopathology. Discuss and give example of the diathesis-stress model and the biopsychosocial model.
Average fixed cost per unit on regular sales : Northern Company regularly sells its only product for $36 per unit and has a 25% profit on each sale. The company has accepted a special order for a number of units, the production of which would use part of its unused capacity. Northern's profit per..
What facts would you raise as red flags : What facts from these materials would you use to persuade someone to buy stock in the company? What facts would you raise as red flags that need further exploration
Description of population the current policy approach covers : A description of the current policy approach for addressing child abuse/welfare. A description of the current policy goals for addressing child abuse/welfare. A description of the population the current policy approach covers.
Highest ever marginal income tax rate : The highest ever marginal income tax rate in the US occurred in 1944 and was about94%.
Difference between a high and a low context language : Explain the difference between a high- and a low-context language? What kinds of problems do you think that an individual from a low-context language may experience when negotiating with people from a high-context language?

Reviews

Write a Review

Financial Accounting Questions & Answers

  The capital projects fund

The Capital Projects Fund is separate and distinct from the Debt Service Fund. The Debt Service Fund makes interest and principal payments on behalf of the Capital Projects Fund. The Capital Projects Fund will only account for its own transactions.

  Loans and Distributions from a 401k and IRA plan

Last month a friend borrowed from his 401k to pay off his car loan. Interests on his car loan were at 8 percent with about $250 in monthly payments. The idea he said is that, instead of paying the 8 percent interest to the bank, why not take out from..

  Journal entries for notes payable interest expense etcon

journal entries for notes payable interest expense etc.on nov. 1 aspen sports borrowed 75000 from chase bank on a 12

  Uses double declining-balance depreciation

Calculate the book value of a three-year-old machine that cost $130,000, has an estimated residual value of $13,000, and has an estimated useful life of four years. The company uses double declining-balance depreciation. What is the book value?

  What are the effects on balance sheet and income statement

If Congress voted to eliminate corporate taxes, what would be the effect on your company’s income statement and balance sheet? Defend your response. Calculate the income tax rate for your chosen company. What effect will an increase in income of $2,0..

  How would dupont account for the teflon settlement payments

How would DuPont account for the Teflon settlement payments during 2004, assuming the cost was accrued in the prior year? How would this answer differ if the costs had not previously been accrued?

  Determine matrixs taxable income for the year

Prepare the journal entry on December 31, 2017 to record the carryback and carryforward decision and determine Matrixs taxable income for the year ended December 31, 2015.

  Addition is revenue expenditure or capital expenditure

Revenue and Capital Expenditures Shively Company built an addition to its chemical plant. Indicate whether each of the following expenditures related to the addition is a revenue expenditure or a capital expenditure:

  Determine the cost of goods sold for the period

Jurvin Enterprises recorded the following transactions for the just completed month. The company had no beginning inventories. Post the above transactions to T-accounts. Determine the cost of goods sold for the period.

  Bond with quarterly coupons has redemption value

A N=2 year $2000 6% bond with quarterly coupons has redemption value $2050. It is purchased to yield 5% convertible quarterly. Construct a bond amortization table for the n = 8 quarters.

  Compute the after tax npv of the new lift

Compute the after-tax NPV of the new lift and advise the managers of Deer Valley about whether adding the lift will be a profitable investment.

  Elucidate the applicable theories and appropriate accounting

Given a business combination with outside ownership (minority interest), elucidate the applicable theories and appropriate accounting for items that arise from less than 100% ownership, including the reporting of assets, liabilities, revenues and ..

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