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zubka84 [21]
2 years ago
7

At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player at full capacity that normally

sells for $55. A foreign wholesaler offers to buy 4,960 units at $24 each. Bargain Electronics will incur special shipping costs of S4 per unit. Assuming that Bargain Electronics has excess operating capacity, indicate the net income (loss) Bargain Electronics would realize by accepting the special order. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
Reject Accept Net Income
Order order Increase
(Decrease)
Revenues $ $ $
Cost-Manufacturing
Shipping
Net Income $ $ $
The special order should be:______.
Business
1 answer:
stiks02 [169]2 years ago
8 0

Answer:

Effect on income= $0

Explanation:

<u>Because the company has excess capacity and it is a special offer that would not affect normal sales, we will not include the fixed costs.</u>

Effect on income= total sales revenue - total variable cost

Effect on income= 24*4,960 - (20 + 4)*4,960

Effect on income= $0

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Marigold Corp. began the year 2022 with $98300 in its Common Stock account and a debit balance in Retained Earnings of $42100. D
iVinArrow [24]

Answer:

Option (d) is correct.

Explanation:

Given that,

Beginning common stock = $98,300

Common stock sold = $25,700

Beginning balance of retained earnings = ($42,100)

Net Income = $21,100

Dividends  = $7,000

Ending balance of common stock:

= Beginning common stock + Common stock sold

= $98,300 + $25,700

= $124,000

Ending balance of retained earnings:

= Beginning balance + Net Income - Dividends

= ($42,100) + $21,100 - $7,000

= $28,000 debit

Ending balance of total stockholder's equity account:

= Ending balance of common stock + Ending balance of retained earnings

= $124,000 - $28,000

= $96,000

6 0
3 years ago
When a country imposes tariffs, it is likely to cause
bearhunter [10]

Answer:

lower prices for domestic production

Explanation:

tariffs means

more tax on imports so

imports would be more expensive

A. increased quantities of imports?

if imports are more expensive because of tariffs and

if people buy less

then there would NOT be

increased quantities of imports

because they are more expensive

B. higher prices for the import-competing goods both domestically and abroad?

import-competing (domestic) goods would be cheaper

C. lower prices for domestic production?

yes domestic production would be cheaper

D. less expensive exports?

only if other countries don't put tariffs on them themselves

3 0
2 years ago
Read 2 more answers
Durable goods are: a. consumers' goods b. raw materials combined to produce consumer goods c. those that must be replaced after
Leokris [45]

Answer:

d. those that may be stored and repaired

Explanation:

Durable goods are those goods that are stored and repaired. It is to be considered for the long-lasting so it can be stored. Also it can be repaired when they wear out

For example: mobile phone, table, chair, toys, etc

Therefore as per the given situation, the option d is correct

And, the remaining options are to be considered

3 0
3 years ago
Searls Corporation, a merchandising company, reported the following results for July: Number of units sold 2,700 units Selling p
melisa1 [442]

Answer:

$534,600

Explanation:

<em>Contribution margin = Sales - Variable Costs</em>

where :

Sales = 2,700 units x $664 = $1,792,800

Variable Costs = Costs of Goods Sold + Variable Selling Costs + Variable Administrative Cots

                        = 2,700 units x $405 + 2,700 units x $48 + 2,700 units x $13

                        = $1,258,200

therefore,

Contribution margin = $1,792,800 - $1,258,200 = $534,600

6 0
2 years ago
what tax software program do you feel would be your best choice today and why do you think it is the best? ​
Fynjy0 [20]

Answer:

Turbotax

Explanation:

it's easy to use especially for first timers.

6 0
2 years ago
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