Falcon co produces a single product its normal selling

Assignment Help Accounting Basics
Reference no: EM13582357

Falcon Co. produces a single product. Its normal selling price is $30.00 per unit. The variable costs are $19.00 per unit. Fixed costs are $25,000 for a normal production run of 5,000 units per month. Falcon received a request for a special order that would not interfere with normal sales. The order was for 1,500 units and a special price of $20.00 per unit. Falcon Co. has the capacity to handle the special order and, for this order, a variable selling cost of $1.00 per unit would be eliminated.

10. If the order is accepted, what would be the impact on net income?
a. decrease of $750
b. decrease of $4,500
c. increase of $3,000
d. increase of $1,500

11. Should the special order be accepted?
a. Cannot determine from the data given
b. Yes
c. No
d. There would be no difference in accepting or rejecting the special orde

Reference no: EM13582357

Questions Cloud

The density of the buoy at the surface was 661 kgm3 what is : a dense rubber buoy is attached to a lead weight when it is accidentally lost overboard from an ocean going vessel. the
Management is considering the discontinuance of the : management is considering the discontinuance of the manufacture and sale of product g at the beginning of the current
Christmas express makes wreaths in batch sizes of 12 the : christmas express makes wreaths in batch sizes of 12. the cutting amp assembly process takes 7 minutes per wreath and
Selzer equipment company sold 580 rollomatics during 2012 : selzer equipment company sold 580 rollomatics during 2012 at 6780 each. during 2012 selzer spent 36200 servicing the
Falcon co produces a single product its normal selling : falcon co. produces a single product. its normal selling price is 30.00 per unit. the variable costs are 19.00 per
Reported crimes are believed to occur at random at : reported crimes are believed to occur at random at different rates for different types of crime. the incidence rate for
Complete golf accessories sells golf shoes gloves and a : complete golf accessories sells golf shoes gloves and a laser-guided rangeshyfinder that measures distance. shown below
On december 31 2012 alexander company had 1296800 of : on december 31 2012 alexander company had 1296800 of short-term debt in the form of notes payable due february 2 2013.
Linda clark received 182000 from her mothers estate she : linda clark received 182000 from her mothers estate. she placed the funds into the hands of a broker who purchased the

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