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!
Pietarsaari Oy, a Finnish company, produces cross-country ski poles that it sells for €33 a pair. (The Finnish unit of currency, the euro, is denoted by €.) Operating at capacity, the company can produce 58,000 pairs of ski poles a year. Costs associated with this level of production and sales are given below:
The Finnish army would like to make a one-time-only purchase of 9,200 pairs of ski poles for its mountain troops. The army would pay a fixed fee of €5 per pair, and in addition it would reimburse the Pietarsaari Oy company for its unit manufacturing costs (both fixed and variable). Due to a recession, the company would otherwise produce and sell only 48,800 pairs of ski poles this year. (Total fixed manufacturing overhead cost would be the same whether 48,800 pairs or 58,000 pairs of ski poles were produced.) The company would not incur its usual variable selling expenses with this special order. If the Pietarsaari Oy company accepts the army's offer, by how much would net operating income increase or decrease from what it would be if only 48,800 pairs of ski poles were produced and sold during the year? (Input the amount as a positive value.)
Assume the same situation as described in (1) above, except that the company is already operating at capacity and could sell 58,000 pairs of ski poles through regular channels. Thus, accepting the army's offer would require giving up sales of 9,200 pairs at the normal price of €33 a pair. If the army's offer is accepted, by how much will net operating income increase or decrease from what it would be if the 9,200 pairs were sold through regular channels? (Input the amount as a positive value.)
under a periodic inventory system purchases purchases returns and allowances purchase discounts and transportation in
The role of management accounting Consider the descriptions of management accounting provided in Exhibit 1-3 and in the remainder of the chapter.
Which of the following statements is true concerning assets? a) Assets are measured using a time-period approach. b) Assets are initially recorded at market value and then adjusted for inflation.
on january 1 2012 phil sonics corporation issued 2000000 of 7.5 bonds dated january 1. interest is payable
why is understanding actual and budgeted costing as well as direct and indirect costs important for non-profit
Suppose Warren earned $1,200 (not $400) from the part-time job. What is Warren's taxable income for 2010?
Identify and briefly explain both a theory of corporate governance that supports a formal regulatory approach and a theory that supports a voluntary, self -regulation approach.
A business pays weekly salaries of $10,000 on Friday for the five-day work week - Show the adjusting entry when the fiscal period ends on (a) Tuesday; (b) Thursday.
Calculate the amount of freight-in reported byJackson Company during 2007. Do not use decimals in your answer.
Quigley co. bought a machine in January 1, 2009 for $875,000. It had a $75,000 estimated residual value and ten year life. The repairs and maintance expense account was incorrectly debited on the purchase date. Quigley uses straight-line depreciat..
a company replaced an engine on a vehicle and debited the amount to repairs expense rather than debiting the vehicle
Prepare a schedule to show the equity income Tinker should recognize for 2011 related to this investment.
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