It costs lannon fields 28 of variable costs and 12 of

Assignment Help Accounting Basics
Reference no: EM13581037

It costs Lannon Fields $28 of variable costs and $12 of allocated fixed costs to produce an industrial trash can that sells for $60. A buyer in Mexico offers to purchase 3,000 units at $36 each. Lannon Fields has excess capacity and can handle the additional production. What effect will acceptance of the offer have on net income?

Reference no: EM13581037

Questions Cloud

Marios incorporated is in the process of selecting a : marios incorporated is in the process of selecting a production machine between two alternatives. marios cost of
Knseth sold for 3500 equipment which originally cost 5000 : kenseth corporations unadjusted trial balance at december 1 2014 is presented below.debitcreditcash22000accounts
If the old equipment is replaced now it can be sold for : chung inc. is considering the replacement of a piece of equipment with a newer model. the following data has been
Timkin companyu2019s current costs per unit of producing : timkin companyu2019s current costs per unit of producing the subassemblies internally with the old equipment are given
It costs lannon fields 28 of variable costs and 12 of : it costs lannon fields 28 of variable costs and 12 of allocated fixed costs to produce an industrial trash can that
Kolinchak inc expects its gross payroll for the period to : kolinchak inc. expects its gross payroll for the period to be 100000. it expects to withhold 7.65 of gross payroll for
Griffin corp is evaluating its piquette division an : griffin corp. is evaluating its piquette division an investment center. the division has a 60000 controllable margin
Barton corporation has provided the budgeting information : barton corporation has provided the budgeting information for you to determine its expected bonus payments. bartons
Given the current economic conditions in canada discuss any : a company is considering three separate mutually exclusive projects a b and c. project a requires a 10000 cash outlay

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