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Mashutka [201]
3 years ago
10

The Mighty Music Company produces and sells a desktop speaker for $100. The company has the capacity to produce 50,000 speakers

each period. At capacity, the costs assigned to each unit are as follows: Unit level costs $ 45 Product level costs $ 15 Facility level costs $ 5 The company has received a special order for 500 speakers. If this order is accepted, the company will have to spend $15,000 on additional costs. Assuming that no sales to regular customers will be lost if the order is accepted, at what selling price will the company be indifferent between accepting and rejecting the special order
Business
1 answer:
castortr0y [4]3 years ago
8 0

Answer:

$75

Explanation:

Calculation to determine what selling price will the company be indifferent between accepting and rejecting the special order

Using this formula

Selling price between accepting and rejecting the special order= ( Additional cost ÷ Units sold number) + Unit level Cost

Let plug in the formula

Selling price between accepting and rejecting the special order= ( $15,000 ÷ 500 ) + $45

Selling price between accepting and rejecting the special order= $30 + $45

Selling price between accepting and rejecting the special order= $75

Therefore The selling price that the company will be indifferent between accepting and rejecting the special order is $75

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Hayim Accardi is the accounting manager for a small, local firm that has full- and part-time staff. How do FLSA guidelines regar
lora16 [44]

Answer:

The answer is below

Explanation:

According to a Fair Labor Standards Act, FLSA, guidelines regarding working hours apply to Hayim's employees in the following ways:

1.  All the workers, (either full time or part-time) is entitled to remuneration based on minimum wage.

2.  All the employees should work based on the guideline regarding maximum hours

3.  The minimum age is applicable to all the employees

4.  Remuneration of the employees must be based on the applicable Pay rates

5.  There must be mandatory break periods for all workers, regardless if it is full time or part-time workers.

5 0
3 years ago
Which category of GDP does each of the following items count in? Enter one of the following letters to correspond to consumption
elena-14-01-66 [18.8K]

Explanation:

-Nissan produces a car at its Tennessee plant in December, but does not intend to sell it until after the end of the year __DNC__ .

<em> This transaction does not count because GDP is measured in one year. Nissan sell will be accounted in the next year GDP. </em>

-An auto parts maker buys an idle textile plant in North Carolina with the intent of converting it to a distribution center_I__.

<em>This is private investment of the auto parts maker. </em>

-The U.S. Army rents a warehouse to store surplus equipment __G__.

<em>This is a expense of the U.S government. </em>

-A state employees' pension fund in California buys $10 million in corporate bonds__G__.

<em>This is a expense of the U.S government. </em>

-A local bakery buys 500 pounds of flour to make bread __I__.

<em>This is private investment of the bakery. </em>

-A doctor buys a painting to hang in his office waiting area from an artist on Etsy __I__

<em>This is private investment because if his office looks better maybe this will attract more clients. </em>

-A family rents a beach house for a week's vacation __C__.

<em>This is household’s consumption. </em>

-A retiree in Chicago receives a Social Security check from the U.S. Treasury__G___  

<em>This is an expense of the U.S government</em>.

-A factory in the U.S. produces chemicals and sells them to a firm in Canada __NX___ .

<em>This fits in the net exports account as an export.  </em>

7 0
3 years ago
A department had 600 units which were 40% complete in beginning Goods in Process Inventory. During the current period, 7,000 uni
STALIN [3.7K]

Answer:

The equivalent units produced is 7320

Explanation:

To get the units produced in this period we ignore the beginning inventory, we just add new transferred out  +ending inventory

  • 7,000 units were transferred out  
  • Al the end , we have 800 at  40%= 320

Adding the 3 items

UP=7000+320=7320

4 0
3 years ago
Part 1: Kathleen received land as a gift from her grandfather. At the time of the gift, the land had a FMV of $105,000 and an ad
artcher [175]

Answer:

d. $25,000

b. ($5,000) loss

Explanation:

In the first case, the gain or loss on this transaction is

Gain or loss on this transaction is

= Sale value of the land - adjusted basis of the land

= $110,000 - $85,000

= $25,000

We ignored the fair market value of the land for computing the gain or loss of the transaction

In the second case, the gain or loss on this transaction is

Gain or loss on this transaction is

= Sale value of the land - fair market value

= $80,000 - $85,000

= -$5,000 loss

8 0
3 years ago
On October 1, 2018, Justine Company purchased equipment from Napa Inc. in exchange for a noninterest-bearing note payable in fiv
Darya [45]

Answer:

$1,551,222.84

Explanation:

We should assume the interest are implicity charged in the note payments.

In order to record the equipment at their fair value at the momnet of purchase, we will discount the note using 11% discount rate

The note will be an annuity for $500,000 during 4 year at rate 11%

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 500000

time     4

rate             0.11

500000 \times \frac{1-(1+0.11)^{-4} }{0.11} = PV\\

PV

This is the value of the equipment at present value, without the interest charged on the note.

Under this value it should be recorded.

6 0
4 years ago
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