Reference no: EM133042746
Question - Sandhill Inc. manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2022, the company reported the following operating results while operating at 80% of plant capacity and producing 120,400 units.
Amount -
Sales $4,816,000
Cost of goods sold 3,700,304
Selling and administrative expenses 492,084
Net income $623,612
Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $226,000.
In July, normally a slack manufacturing month, Sandhill receives a special order for 10,000 basketballs at $29 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.76 per unit because of shipping costs but would not increase fixed costs and expenses.
Required -
(a) Prepare an incremental analysis for the special order.
(b) Should Sandhill Inc. accept the special order?
(c) What is the minimum selling price on the special order to produce net income of $5.16 per ball?
|
What was the opening balance for retained earnings
: At the end of the accounting period, a company's retained earnings balance was $668,000. What was the opening balance for retained earnings
|
|
Key employment or industrial relations issues
: Assume that you are asked to draw upon your studies as a graduate HR consultant recently employed by an Australian company that has operations in the United Sta
|
|
What is the outstanding loan balance after three years
: Each monthly payment P is $252.65. He missed the 14th and 30th payments. What is the outstanding loan balance after 3 years
|
|
How much of the distribution is taxable to tut
: Ramses, Inc., an S Corporation, made a distribution of $85,000 during the year to its sole shareholder, How much of the distribution is taxable to Tut
|
|
What is the minimum selling price on the special order
: Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $226,000. What is minimum selling price on special order
|
|
Traditional orientation and induction practices
: Is onboarding really all that different from traditional orientation and induction practices? Undertake research on on-boarding and report on the conclusions yo
|
|
Quantitative method of forecasting demand
: 1. Provide 2 examples when a qualitative method of forecasting demand might be preferable to a quantitative method of forecasting demand.
|
|
Routing and switching protocols
: What routing and switching protocols would you choose for your small office/home office (SOHO) network?
|
|
Calculate Jacks marginal utility for both activities
: Explain the effects of covid 19 pandemic on the two market forces: supply and demand - Calculate Jack's marginal utility for both activities
|