User Account

All Pages

What acceptance of special order would affect net income

Assignment Help Managerial Accounting
Reference no: EM132517065

Question 1: Sunland Company manufactures a product with a unit variable cost of $100 and a unit sales price of $186. Fixed manufacturing costs were $480000 when 10000 units were produced and sold. The company has a one-time opportunity to sell an additional 1000 units at $120 each in a foreign market which would not affect its present sales. If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income as follows:

Income would decrease by $28000.

Income would increase by $20000.

Income would increase by $28000?

Income would increase by $120000.

Reference no: EM132517065

Questions Cloud

Create hypothetical business : You are interested in and create a hypothetical business, developing a cyber security program for a small- to medium-sized business.
What was net income for kohl : During fiscal 2016, Kohl's had sales of $18,686 million, Cost of merchandise sold of $11,944 million, What was net income for 2016?
Future of iot and the security implications : Explain your thoughts on the future of IoT and the security implications.
Prepare the journal entries to correct the accounting error : Carla Company discovered an error in its accounting records in 2021. Prepare the journal entries to correct the accounting error
What acceptance of special order would affect net income : If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income.
Prepare Dody journal entry to correct the error : Prepare Dody's 2020 journal entry to correct the error and record 2020 depreciation. Assume income was reported accurately for tax purposes in all years
What is the net total dollar disadvantage of purchasing : List three qualitative characteristics that the owner of Outdoor Flames should consider in looking at the long-term effect of purchasing.
What is community policing : What is community policing? How does it differ from what some might call traditional policing? What are examples of community policing in your community?
Determine the deficit of the pension plan at January : Determine the deficit of the pension plan at January 1, 2020, and calculate its December 31, 2020 deficit balance directly

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What are some of the tools used by managers

In Managerial Accounting, what are some of the tools used by managers using Cost Volume Profits (CVP) to help look at the future of the business?

  Calculate the activity-based costs and profits

Calculate the activity-based costs and profits for each contract.

  Prepare two contribution format income statements

Prepare two contribution format income statements, one assuming that operations are not automated and one assuming that they are

  Calculate the activity rate for the purchase order activity

Calculate the activity rate for the purchase order activity. Break the activity into fixed and variable components. Compute the total activity availability, and break this into activity usage and unused activity.

  Prepare a contribution format income statement

Prepare a contribution format income statement segmented by divisions, as desired by the president and would you recommend the increased advertising? Show computations to support your answer.

  Who should be involved in setting the standards

What standards could be set within each of the three production departments of the company? How should standards be set? Who should be involved in setting the standards?

  Present a fairer valuation of the product cost per unit

ACCT204 Managerial Accounting. You are to provide a report of not more than 1,500 words that includes the income statements using both conventional absorption costing and activity-based costing and comment on why certain costing method is considere..

  Internal financial information is not available to the

internal financial information is not available to the public so we have to rely on external information for our

  Should the company purchase the new equipment

Should the company purchase the new equipment? Calculate the net present value assuming a 17% rate of return (Ignore income taxes).

  Find monthly fixed support cost and variable support cost

Explain how analysis for requirement would change if new October data were received and machine hours were 1,650 and support costs were $24,000.

  What is the contribution margin per unit of your product

ACCT 102- What is the contribution margin per unit of your product? What is the contribution margin ratio? What are the total fixed costs? What is the sales volume at the breakeven point?

  Assuming the company limits its analysis to five years

Assuming the company limits its analysis to five years; estimate the internal rate of return of the e-commerce business. Should the company develop the e-commerce business if the required rate of return is 12 percent?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd