What will be the effect on net income

Assignment Help Accounting Basics
Reference no: EM131640225

Question - It cost Gamer Company $12 of variable and $5 of fixed costs to produce one bathroom scale normally sells for $35. A foreign wholesaler offers to purchase 3,000 scales at $15 each. Gamer would incur special shipping costs of $1 per scale if the order were accepted. Gamer has sufficient unused capacity to produce the 3,000 scales. If the special order is accepted, what will be the effect on net income?

Reference no: EM131640225

Questions Cloud

Develop career goals : develop career goals and capitalize on your strengths and build your personal brand - develop a proactive personality
Formulation and execution of strategy : What role should the Board of Directors play in the formulation and execution of strategy? Why?
Read porter''s article what is strategy : contrast operational effectiveness and strategy
Explain the individual distributions of the variables : Find two different sets of counts a, b, c, and d for the body of the table that give these same totals. This shows that the relationship between two variables.
What will be the effect on net income : Gamer has sufficient unused capacity to produce the 3,000 scales. If the special order is accepted, what will be the effect on net income
Write an essay on herodotus with attention : Write an essay on Herodotus with attention to the following subjects: the three phases of his development as an historian; his attitudes towards Greek.
Compute postretirement benefit expense : Bridgeport Inc. provides the following information related to its postretirement benefits for the year 2017. Compute postretirement benefit expense for 2017
Discuss with the hiring managers : Discuss the process for developing interview questions for an hourly position of a receptionist and a specialist position of an accountant
What is the optimal ordering quantity : The standard deviation shown in historical data is 34 copies. What is the optimal ordering quantity?

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