Maria's food service provides meals that nonprofit organizations distribute to handicapped and elderly people. here is her forecasted income statement for april, when she expects to produce and sell 3,000 meals: amount per unitsales revenue $ 18,000 $ 6.00costs of meals produced 13,500 4.50gross profit $ 4,500 $ 1.50administrative costs 2,100 0.70operating profit $ 2,400 $ 0.80fixed costs included in this income statement are $4,500 for meal production and $600 for administrative costs. maria has received a special request from an organization sponsoring a picnic to raise funds for the special olympics. this organization is willing to pay $3.50 per meal for 300 meals on april 10. maria has sufficient idle capacity to fill this special order. these meals will incur all of the variable costs of meals produced, but variable administrative costs and total fixed costs will not be affected. required: what impact would accepting this special order have on operating profit? status quo3,000units alternative3,300 unitsrevenues $ $ $variable costs: margin $ $ $fixed costsoperating profit $ $ $

During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: