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!
Question - Costa Chemicals Company produces and sells its only product MP-200 that is used to manufacture other products. A company from Mexico has approached Costa to purchase 20,000 units of MP-200 for $14.00 each. Selling to Mexico will not affect the company's other customers in Canada. Costa's production capacity is 140,000 units per year but can only sell 120,000 units to regular customers. Exporting the product to Mexico will require a further packaging cost of $0.35 per unit. The normal sales price is $22 per unit. Unit cost information for the normal level of activity is as follows:
Direct materials $5.20
Direct labour 4.10
Variable overhead 3.65
Fixed overhead 3.00
Total cost per unit $15.95
Required -
A) What are the relevant costs and benefits of this special order.
B) Will operating income increase or decrease if the order from this new customer is accepted - if so, by how much?
C) Would your answer change if the minimum amount of this new customer's order was 25,000 units and why?
The estimated revenues control account of star city general fund is eliminated when:
You are performing a test of controls over sales during the audit of Car Parts Pty Ltd (Car Parts), What is the population of interest in this audit
Identify the applicable accounting convention for each of the following business scenarios. More than one convention may apply to each scenario.
Discuss/explain/illustrate why contribution income statements are better suited to pricing decisions than traditional income statements.
Prepare in general journal form all consolidated financial statement workpaper entries necessary at the end of the year
On March 1st, your company loans a customer $50,000 with an annual interest rate of 9%. How much will your company receive in cash when the loan matures
Calculate NPV, IRR, Payback and Discounted payback period for two projects. Assuming the projects are independent, which one would you recommend?
(a) What entry would Overland Trucking make to record the sale of the truck for $17,000 cash? (b) What entry would Overland trucking make to record the sale of the truck for $10,000 cash?
The single audit requirements apply only to state and local governments. Private not-for-profits do not have to comply with these requirements, even if they receive federal grants.
Fixed manufacturing overhead $106,800 Fixed selling and administrative $68,000 The total gross margin for the month under the absorption costing approach is:
Topeca Supply paid the November sales tax to the state agency on December 10, 2018. What was the total amount of sales tax collected in 2018
Discuss the efforts made toward convergence of International Financial Reporting Standards (IFRS) and U.S. Generally Accepted Accounting Principles (GAAP) on the financial performance reporting by business enterprises.
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