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konstantin123 [22]
3 years ago
12

It costs Sheridan Company $12 of variable and $5 of fixed costs to produce one bathroom scale which normally sells for $35. A fo

reign wholesaler offers to purchase 1700 scales at $15 each. Garner would incur special shipping costs of $1 per scale if the order were accepted. Sheridan has sufficient unused capacity to produce the 1700 scales. If the special order is accepted, what will be the effect on net income
Business
1 answer:
jeka943 years ago
7 0

Answer:

$3,400 Increase

Explanation:

Computation to determine what will be the effect on net income

Using this formula

Effect on net income = Units ordered * (Special price - Variable cost)

Let plug in the formula

Effect on net income = 1700 * [$15- ($12+$1)]

Effect on net income = 1700 * ($15 -$13)

Effect on net income = 1700 *$2

Effect on net income = $3,400 Increase

Therefore If the special order is accepted, what will be the effect on net income will be $3,400 Increase

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Answer:

A. Good marketing

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7 0
10 months ago
An insurance policy with a higher premium most likely has ...
dimaraw [331]

I believe the answer is: A. Lower deductible

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5 0
3 years ago
Read 2 more answers
Whole Foods Market ordered 12 cases of organic vegetable soup with a list price of $18.90 per case and 8 cases of organic baked
Ira Lisetskai [31]

Answer: The answer is given below

Explanation:

a. What is the extended list price of the order?

This will be gotten by multiplying the number of cases with the price list. From the question, we are told that Whole Foods Market ordered 12 cases of organic vegetable soup with a list price of $18.90 per case and 8 cases of organic baked beans with a list price of $33.50 per case.

Organic vegetable soup:

= 12 × $18.90

= $226.80

Organic baked beans= 8 × $33.50

= $268

Total = $226.80 + $268

= $494.80

b. What is the total amount of the trade discount on this order?

We are told that the wholesaler offered Whole Foods a 39% trade discount. This will be:

= 39% × $494.80

= 39/100 × $494.80

= 0.39 × $494.80

= $192.972

c. What is the total net amount Whole Foods owes the wholesaler for the order?

The total net amount will be the total price of the order and the discount. This will be:

= $494.80 - $192.972

= $301.828

5 0
3 years ago
The two major kinds of online speech is discussed in your textbook are
AlekseyPX

Answer:

it might be informative and persuasive I'm pretty sure it is but not 100% I'm sorry

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3 years ago
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