User Account

All Pages

Cost functions apply to x companys regular production

Assignment Help Accounting Basics
Reference no: EM131786197

At the end of the year, a company offered to buy 4,530 units of a product from X Company for a special price of $12.00 each instead of the company's regular price of $19.00 each.The following cost functions apply to X Company's regular production and sales of 67,300 units:

Cost of goods sold $146,041 + $6.67X
Selling and administrative expenses $84,125 + $1.30X
Total $230,166 + $7.97X

Profit on the special order is...?

There is concern that regular customers will find out about the special order, and X Company's regular sales will fall by 950 units. These lost sales will cause X Company's profits to fall

Reference no: EM131786197

Questions Cloud

How much accumulated depreciation is posted : How much accumulated depreciation is posted? Where would this amount have been posted on the Balance Sheet? What is the current book value of the equipment?
Discus the sales quantity variance : A company has the following data from the most recent financial period
What is the sample proportion value : If the managing director's claim is true, what is the sample proportion value below which 10% of all sample proportions would exist?
Probability that both balls are even-numbered : Two balls are drawn, without replacement, from a bag containing 13 red balls numbered 1-13 and 5 white balls numbered 14-18.
Cost functions apply to x companys regular production : There is concern that regular customers will find out about the special order, and X Company's regular sales
Review problem of picking an employee : Management a company employs 80 people. Twenty of the 50 men and 18 of the 30 women work in the business office. What is the probability that an employee.
What is the basis for such superior performance : Do you believe that some mutual funds ("unit trusts" in British parlance) can deliver consistently superior returns (once adjusted for risk)?
What are the principal challenges of designing : Design a "cheap chic" strategy for a company entering another market, e.g. restaurants, sports shoes, cosmetics, or office furniture.
Discuss what were the total mix and yield variances : What were the total mix and yield variances for the month of July

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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