Business, 17.04.2020 22:43 Papichulo3806
Imperial Jewelers manufactures and sells a gold bracelet for $408.00. The company’s accounting system says that the unit product cost for this bracelet is $268.00 as shown below:
Direct materials $ 147
Direct labor 85
Manufacturing overhead 36
Unit product cost $ 268
The members of a wedding party have approached Imperial Jewelers about buying 21 of these gold bracelets for the discounted price of $368.00 each. The members of the wedding party would like special filigree applied to the bracelets that would require Imperial Jewelers to buy a special tool for $455 and that would increase the direct materials cost per bracelet by $14. The special tool would have no other use once the special order is completed.
To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $15.00 of the overhead is variable with respect to the number of bracelets produced. The company also believes that accepting this order would have no effect on its ability to produce and sell jewelry to other customers. Furthermore, the company could fulfill the wedding party’s order using its existing manufacturing capacity.
Required:
1. What is the financial advantage (disadvantage) of accepting the special order from the wedding party?
2. Should the company accept the special order?
Answers: 1
Business, 22.06.2019 01:00
The penalties for a first-time dui charge include revocation of drivers license a. 180 days b. ben 180 des and one year c. bence 90 and 180 d. one year
Answers: 2
Business, 22.06.2019 12:50
Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
Answers: 3
Business, 22.06.2019 18:30
You should typically prepare at least questions for the people who will host you during a job shadow. a. 3 b. 4 c. 5 d. 2
Answers: 1
Imperial Jewelers manufactures and sells a gold bracelet for $408.00. The company’s accounting syste...
English, 02.08.2019 18:40
Mathematics, 02.08.2019 18:40
Geography, 02.08.2019 18:40
Biology, 02.08.2019 18:40
Social Studies, 02.08.2019 18:40
Geography, 02.08.2019 18:40
Mathematics, 02.08.2019 18:40
English, 02.08.2019 18:40
Mathematics, 02.08.2019 18:40
Mathematics, 02.08.2019 18:40
Physics, 02.08.2019 18:40