Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Miyamoto Jewelers is considering a special order for 29 handcrafted gold bracelets to be given as gifts to members of a wedding party. The normal selling price of a gold bracelet is $402 and its unit product cost is $275 as shown below:
Direct materials
$
146
Direct labor
89
Manufacturing overhead
40
Unit product cost
275
Most of the manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $13 of the overhead is variable with respect to the number of bracelets produced. The customer who is interested in the special bracelet order would like special filigree applied to the bracelets. This filigree would require additional materials costing $12 per bracelet and would also require acquisition of a special tool costing $452 that would have no other use once the special order is completed. This order would have no effect on the company's regular sales and the order could be fulfilled using the company's existing capacity without affecting any other order.
Required:
a.
What effect would accepting this order have on the company's net operating income if a special price of $362 is offered per bracelet for this order? (Input the amount as a positive value.)
Net operating income (Click to select)increases decreases by
b.
Should the special order be accepted at this price?
Yes
No
the following are production and cost data for two products x and y. product x product y 450 280 contribution to margin
1. discuss the nature of accounting misstatements and the implication of each t fair presentation of the financial
Define and give examples of the infrastructure assets that are held by Cedar Rapids.
1. In March 2013, the Phillips Tool Company signed two purchase commitments.
What is a journal entry? What is the typical format of a journal entry?
Identify and briefly discuss four specific information systems that are used to fight crime.
on march 1 2008 murat motors sold on account automobile engine products to halloran industries for 8000. at that time
The Problem belongs to Accounting and it discusses about evaluation of depreciation expenses for a firm
a.prepare a multiple-step income statement for the year ended december 31 2014 concluding with earnings per share. in
For this situation, what assumption of the binomial distribution might not be valid? What do you think is the probability that the stock market will rise.
equipment with an appraisal value of 35 000 isa offered for sale on 32 00. the purchaser acquires it for 10000 in cash
A construction company allows a not-for-profit community association to use its bulldozer at no cost to clear land for a new baseball park. If the association had to rent the bulldozer it would have incurred costs of $2,400.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd