Harley would realize by accepting the special order

Assignment Help Financial Accounting
Reference no: EM13337315

In Harley Company it costs $31per unit ($19variable and $12fixed) to make a product that normally sells for $41. A foreign wholesaler offers to buy3,360units at $25each. Harley will incur special shipping costs of $1per unit. Assuming that Harley has excess operating capacity.

Indicate the net income (loss) Harley would realize by accepting the special order.(If an amount reduces the net income for Increase (Decrease) column then enter with a negative sign preceding the number e.g.-15,000 or parenthesis, e.g. (15,000). Enter all other amounts in all other columns as positive and subtract where necessary.)




Reject
Order


Accept
Order

Net Income
Increase
(Decrease)
Revenues
$
$
$
Costs-Manufacturing


Shipping


Net income/(loss)
$
$
$

Reference no: EM13337315

Questions Cloud

Find the magnitude of the total acceleration : A race car accelerates uniformly from a speed of 39.0 m/s to a speed of 64.0 m/s in 5.00 s while traveling clockwise around a circular track of radius 4.40 102 m. Find the magnitude of the total acceleration when the speed is 40.0 m/s
What is the magnitude of the larger of the two resistances : When a 45.0-V emf device is placed across two resistors in series, a current of 15.0 A is flowing in each of the resistors. When the same emf device is placed across the same two resistors in parallel,
How do two tables are true relationship tables : Howw do two tables are 'True relationship tables'
What are the total costs and total variable costs : Gizmos, Inc. produces gizmos at an average total cost (ATC) of $20 and an average variable cost (AVC) of $15. The only fixed input used in the production of gizmos costs $20. What are the total costs (TC) and total variable costs (TVC) of Gizmo’s cur..
Harley would realize by accepting the special order : A foreign wholesaler offers to buy3,360units at $25each. Harley will incur special shipping costs of $1per unit. Assuming that Harley has excess operating capacity.
Find the temperature inside the box : Suppose that a 1.00 cm3 box in the shape of a cube is perfectly evacuated, except for a single particle of mass 1.23 10-3 g. Find the temperature inside the box
What is the absolute value of the work that is done : A 106 kg object moves in a horizontal straight line with an initial speed of 58 m/s. If it is stopped along that line with a deceleration of 2.00 m/s2 what magnitude of force is required
Death penalty or capital punishment : I have term paper to submit and the is death penalty or capital punishment but I'm agianst death penalty or capital punishment. I need an outline on this topic to be submitted.
Calculate the root-mean-square speed of protons : Protons can escape from the surface of the sun if their kinetic energy is sufficient to overcome the gravitational potential energy. a) Calculate the minimum speed necessary for escape

Reviews

Write a Review

Financial Accounting Questions & Answers

  Discuss what knowledge of these areas an auditor possess

Client’s position within the market. Give examples of risk that could be present and discuss what knowledge of these areas an auditor should possess

  Compute the amount of unrealized intra-entity inventory

How well reported net income of $100,000 in 2010 and $120,000 in 2011 while paying $40,000 in dividends each year. Compute the amount of unrealized intra-entity inventory profit to be deferred on December 31, 2010 and 2011?

  Discuss circumstances that must exist for the auditor

Discuss what is meant by the term “auditing around the computer”. Discuss circumstances that must exist for the auditor to “audit around the computer”.

  What is total corporate value

It is financed with $200 million of debt, $50 million of preferred stock, and $210 million of book equity. What is the value of operations? What is the total corporate value?

  Create a flow chart that illustrates the steps

Create a flow chart that illustrates the steps in the accounting cycle and include any other relevant information in the chart that would apply within the steps.

  Find out the liability for refundable deposits

Prepare the appropriate journal entries for the deposits received and returned during 2011. Find out the liability for refundable deposits to be reported on the December 31, 2011, balance sheet.

  What is annual payment sam must make to pay back his friend

Sam's friend would like to be reimbursed for the time value of money at a 10% annual rate. What is the annual payment Sam must make to pay back his friend?

  The accrual basis and second the cash basis

The client had agreed up front that they would provide Spencer capital stock in lieu of cash for his service.

  Evaluate the amount of materials handling overhead cost

Evaluates the amount of materials handling overhead cost that should be allocated to the company's two products.

  What was the income tax expense

During 2010, Ace Company had sales of $376,000, operating expenses of $66,000, gross margin of 30%, cash dividends $30,000, other expenses/losses $15,000 and corporation income taxes of 30%. What was the income tax expense for 2010?

  Provided data for the month of august

The company allocates any under applied or over applied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts.

  Prepare the journal entry to record the sale

Prepare the journal entry to record the sale of any job(s) during the month and what is the balance in the Finished Goods Inventory account at the end of the month? What does this balance consist of?

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