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!
Han Products manufactures 30,000 units of part S-6 each year for use on its production line. At this level of activity, the cost per unit for part S-6 is as follows:Direct materials . . . . . . . . . . . . . . . . . . . . $ 3.60Direct labor. . . . . . . . . . . . . . . . . . . . . . . . 10.00Variable manufacturing overhead. . . . . . . 2.40Fixed manufacturing overhead. . . . . . . . . 9.00Total cost per part . . . . . . . . . . . . . . . . . . $25.00
An outside supplier has offered to sell 30,000 units of part S-6 each year to Han Products for $21 per part. If Han Products accepts this offer, the facilities now being used to manufacture part S-6 could be rented to another company at an annual rental of $80,000. However, Han Products has determined that two-thirds of the fi xed manufacturing overhead being applied to part S-6 would continue even if part S-6 were purchased from the outside supplier.
Required:
Prepare computations showing how much profits will increase or decrease if the outside supplier's offer is accepted
In providing accounting services to small businesses, you encounter the following situations pertaining to cash sales. Prepare the entries to record the sales transactions and related taxes for (a) Grainger Company and (b) Darby Company.
hoyt rented office space two years ago to harris receiving the first and last months rent plus anbspsecurity deposit of
Elk, a C corporation, has $500,000 operating income and $350,000 operating expenses during the year. In addition, Elk has a $20,000 long-term capital gain and a $52,000 short-term capital loss. Elk's taxable income is:
Assume that Procter and Gamble had a 10% increase in sales in 2007 and that there was no change in costs except for increases associated with the higher volume of sales, compute the predicted 2007 oparating income for procter and gamble its percen..
please write a report about the socialcultural and economic issues that relate to doing business in the united states
Should the rules be rewritten so that Coca-Cola must consolidate CCE rather than use the equity method? If so, at what level of ownership would the equity method no longer be appropriate?
Salen Company finances some of its current operations by assigning accounts receivable to a finance company. Make all the journal entries on the books of Salen Company that are involved in the transactions above.
becky is the owner of brooksone farm. on january 12007 the beginning of the companys fiscal year becky borrowed 750000
Molly, age 29, is unmarried and is an active participant in a qualified deductible (traditional) IRA plan. Her modified AGI is $61,000 in 2010. a. Calculate the amount that Molly can contribute to the IRA and the amount she can deduct.
Anthony and Latrisha are married and have two sons, James, age 25 and Jonas, age 13. Both sons are properly claimed as dependents. Anthony and Latrisha's marginal tax rate is 25% in the current year and they file a joint return. Both James and Jon..
If it began the quarter with an $18,000 inventory at cost and purchased $72,000 of merchandise during the quarter, its estimated ending inventory by the gross profit method is:
scholarpak company produced and sold 76000 backpacks during the year just ended at an average price of 36.00 per unit.
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