1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Flauer [41]
3 years ago
9

Landor Appliance Corporation makes and sells electric fans. Each fan regularly sells for $40. The following cost data per fan is

based on a full capacity of 155,000 fans produced each period. Direct materials $ 10 Direct labor $ 8 Manufacturing overhead (25% variable and 75% unavoidable fixed) $ 8 A special order has been received by Landor for a sale of 20,000 fans to an overseas customer. The only selling costs that would be incurred on this order would be $6 per fan for shipping. Landor is now selling 135,000 fans through regular channels each period. Assume that direct labor is an avoidable cost in this decision. What should Landor use as a minimum selling price per fan in negotiating a price for this special order?
Business
1 answer:
olga55 [171]3 years ago
3 0

Answer:$50

Explanation:

You might be interested in
First National Bank charges 11.1 percent compounded monthly on its business loans. First United Bank charges 11.3 percent compou
Ronch [10]

Answer:

First National Bank's EAR is 11.68%

First United Bank's EAR is 11.62%

Explanation:

Effective annual rate=(1+APR/m)^m-1

APR is the  annual rates given in the question as 11.1% and 11.3%

m is the number of times in the year that compounding is done, for instance, it is 12 for monthly compounding and 2 for semiannual compounding

First National Bank's EAR=(1+11.1%/12)^12-1=11.68%

First United Bank's EAR=(1+11.3%/2)^2-1=11.62%

The EAR for First National Bank is higher

6 0
3 years ago
g Vaughn Manufacturing purchased a new machine on October 1, 2022 at a cost of $124,800. The company estimated that the machine
Wittaler [7]

Answer:

Straight-line Depreciation Expense for 2022 and 2023 = $ 14,400, $ 14,400

Explanation:

Vaughn Manufacturing

Depreciation Straight Line Method= Cost - Salvage Value/ Useful Life

Depreciation Straight Line Method= $124,800-$9,600/8-years

Depreciation Straight Line Method=15,200/8= $ 14,400

The straight line depreciation expense does not change. It remains same for the next years as well.

Straight-line Depreciation Expense for 2022 and 2023 = $ 14,400, $ 14,400

5 0
3 years ago
Shelton, Inc., has sales of $20 million, total assets of $18.2 million, and total debt of $9.1 million. Assume the profit margin
Verizon [17]

Answer:

$1,800,000

Explanation:

Shelton incorporation has sales of $20,000,000

Total assets is $18.2 million

Total debt is $9.1 million

Profit margin is 9%

Therefore the company net income can be calculated as follows.

= sales × profit margin

= 20,000,000 × 9/100

= 20,000,000 × 0.09

= 1,800,000

Hence the company net income us $1,800,000

3 0
3 years ago
The annual carrying cost for a consumer product is $115, the ordering cost is $1,150, and the annual demand is estimated to be 1
STatiana [176]

Answer:

Store should take the advantage of discount.

Explanation:

Economic order quantity is the level of units ordered which minimize the total cost.

The economic order quantity (EOQ) is computed by applying the following formula

EOQ = [ ( 2DO ) / H ]^1/2

where D = Annual Demand in units = 1,000

S = Setup or ordering cost = $1,150

H = Holding or carrying cost per unit, per year = $115

EOQ = [ ( 2 x 1,000 x $1,150 ) / $115 ]^1/2

EOQ = [ $2,300,000 / $115 ]^1/2

EOQ = 20,000^1/2

EOQ = 141.42 units

Cost of EOQ

Purchasing cost =  1,000 x $810 = $810,000

Ordering cost = (1,000 / 141.42) x $1,150 = $8,132

Carrying cost = ( 141.42 / 2 ) x $115 = $8,132

Total cost = $810,000 + $8,132 + $8,132 = $826,264

Cost of Discount

Purchasing cost =  1,000 x $810 x 80% = $648,000

Ordering cost = (1,000 / 151) x $1,150 = $7,616

Carrying cost = ( 151 / 2 ) x $115 = $8,683

Total cost = $648,000 + $7,616 + $8,683 = $664,299

Store should take the advantage of discount because it incurs lower cost.

4 0
3 years ago
The major factor in deciding how much to purchase is:
Ierofanga [76]
How much the money you have !!!
8 0
3 years ago
Other questions:
  • The management of Kabanuck Corporation is considering dropping product V41B. Data from the company's accounting system appear be
    10·1 answer
  • In a free market economy , who owns the factors of production ?
    5·2 answers
  • A machine with a cost of $164,000, accumulated depreciation of $102,000, and current year depreciation expense of $25,500 is sol
    10·1 answer
  • The Shore Hotel just paid a dividend of $2 per share. The company will increase its dividend by 6 percent next year and will the
    10·1 answer
  • At the end of the accounting period on December 31, 2022, Rose Industries records wages payable of $42,500. For the same account
    12·1 answer
  • Beauty salon opportunities and threats
    10·1 answer
  • Flexible Budget for Selling and Administrative Expenses for a Service Company Cloud Productivity Inc. uses flexible budgets that
    9·1 answer
  • Shen lives in San Diego and runs a business that sells guitars. In an average year, he receives $723,000 from selling guitars. O
    10·1 answer
  • Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom.
    15·1 answer
  • You are in the process of preparing the final draft of an important proposal. Accuracy will be extremely important to the succes
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!