Calculate the impact on jingle net income

Assignment Help Accounting Basics
Reference no: EM133159442

Question - Jingle Corporation incurs a cost of $35 per unit, of which $20 is variable, to make Christmas light strands that normally sell for $58. A foreign wholesaler offers to buy 6,000 units at $31 each. Jingle will incur additional selling costs of $2 per unit on this sale. Calculate the impact on Jingle's net income from accepting this order.

Reference no: EM133159442

Questions Cloud

Prepare the journal entry setting up the initial fund : On this date, the fund consisted of $87 in cash and the following petty cash receipts. Prepare the Journal entry setting up the initial fund
Write up a self-assessment paragraph example : Write up a self-assessment paragraph example (no questions) for an administrative assistant who has been working at a manufacturing firm for three years.
Write up a self-evaluation for administrative assistant : Write up a self-evaluation for an administrative assistant who has been working at a manufacturing firm for three years.
What does erisa require : An employee was terminated in the aftermath of a change of ownership at a company, The employee's wife had breast cancer at the time and he wanted to maintain h
Calculate the impact on jingle net income : Jingle will incur additional selling costs of $2 per unit on this sale. Calculate the impact on Jingle's net income from accepting this order
Concepts in portrayal of poverty in media : Apply some course concepts in portrayal of poverty in media like objectivity, proximity, stereotypes, etc
Mhr001 managing workplace relations : Helen Grant sipped her strong black coffee as she walked back to her desk. The bank's office party the night before had been wild. Everyone had been in a great
Explain why taxes and tax policy are important consideration : Question - Explain why taxes and tax policy are important considerations in capital budgeting decisions. Give examples and references please
Reading quote and how does it apply to hrm : Taylor, G. (2020). Despite fashion's sustainability push, 'if you can't measure it, you can't manage it'. Sourcing Journal [Online].

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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