Nike owns cole haan the mens loafer is in high demand

Assignment Help Accounting Basics
Reference no: EM13600478

Nike owns Cole Haan. The men's loafer is in high demand. Suppose sales on this loafer during the present year are expected to hit the 1,000,000 mark. Full plant capacity is 1,150,000 units, but the 1,000,000 unit mark is considered normal capacity. The following unit price and cost breakdown is applicable: During March, the company received 2 special order requests. These orders are not part of the budgeted 1,000,000 unit sales for the year but there is sufficient capacity for possibly one order to be accepted. Orders received and their terms are as follows: Order from Nordstrom: 75,000 loafers at $136.00 per unit, deluxe packaging. Order from Macy's: 90,000 loafers at $130,000 per unit, standard packaging. No Variable Selling costs will be incurred.

1. Analyze the profitability of each of these 2 special orders. Which special order should be accepted?

2. What other aspects need to be considered in addition to profitability?

Reference no: EM13600478

Questions Cloud

The ceo would like to see higher sales and a forecasted net : hermann industries is forecasting the following income statement sales 5000000 operating costs excluding depreciation
At the end of the current year 41980 of fees have been : at the end of the current year. 41980 of fees have been earned but have not been billed to clients. if the cash basis
Regarding nikes distribution and customer service facility : regarding nikes distribution and customer service facility in wilsonville or. suppose nike wanted to set up an abc
You may use any of the additional resources listed in the : you may use any of the additional resources listed in the drop-down menu above to help you complete this activity but
Nike owns cole haan the mens loafer is in high demand : nike owns cole haan. the mens loafer is in high demand. suppose sales on this loafer during the present year are
You may use any of the additional resources listed in the : you may use any of the additional resources listed in the drop-down menu above to help you complete this activity but
Which of the following describes the classification and : 1.an expense a leaves stockholders equity unchanged b decreases stockholder equity c is basically the same as a
A supervisor would have to be hired and paid a salary of : as described in item 1 of nikes 10-k virtually all of its products are produced by independent contractors. suppose
71000 in raw materials were requisitioned for use in : larned corporation recorded the following transactions for the just completed month.a.71000 in raw materials were

Reviews

Write a Review

Accounting Basics Questions & Answers

  Georgia company borrowed 600000 from a bank on may 1 2007

georgia company borrowed 600000 from a bank on may 1 2007. the bank required a return of 12 on the loan. the loan is to

  The furnace operation is part of the total process for each

the furnace operation is part of the total process for each of these three products. thus for example 5 of the 15 hours

  What is candi deductible loss

Candi purchased a 10 percent limited partnership interest in rental property for $30,000. The partnership has a $1,300,000 mortgage that is secured by the building.

  Couple elects gift splitting for the current year

In the current year, Donna gives $50,000 cash and $30,000 of stock to Mike. She also gives $40,000 of tax-exempt bonds to Angela. Her husband, Andy, gives $200,000 of land to Angela. Assume the couple elects gift splitting for the current year.

  Case-quick stop

The Quick Stop is a fast food restaurant. During March. QuickStop recorded the following sales to customers and cost of doing business:

  What type of incentive plan can high-tec offer the employees

What type of incentive plan can High-Tec offer the employees who don't have the cash to exercise stock options?

  The dayton corp began the current year with a retained

the dayton corp began the current year with a retained earnings balance of 25000. during the year the company corrected

  Rosa exchanges business equipment with a 60000 adjusted

rosa exchanges business equipment with a 60000 adjusted basis for a like-kind piece of equipment with a fmv of 100000

  What general internal control weaknesses contributed

What general internal control weaknesses contributed to this fraud?

  Prepare an incremental analysis - barney company

Prepare an incremental analysis whether the company should make or buy the switches.

  The cost of a machine to be recorded in the machinery

1. the term market as use in the expression lower-of-cost-or-market means replacement cost not retail price.2.

  Additional minimum pension liability

Plan assets at fair value 78,000 Net periodic pension cost 90,000 Employer"s contribution 70,000 What amount should Payne record as additional minimum pension liability at December 31?

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