Swifty Corporation incurred the following costs for 84000 units: Variable costs $386400 Fixed costs 400000 Swifty...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Swifty Corporation incurred the following costs for 84000 units: Variable costs $386400 Fixed costs 400000 Swifty has received a special order from a foreign company for 2000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $4200 for shipping. If Swifty wants to earn $4000 on the order, what should the unit price be? Swifty Corporation incurred the following costs for 84000 units: Variable costs $386400 Fixed costs 400000 Swifty has received a special order from a foreign company for 2000 units. There is sufficient capacity to fill the order without jeopardizing regular sales. Filling the order will require spending an additional $4200 for shipping. If Swifty wants to earn $4000 on the order, what should the unit price be?
Expert Answer:
Answer rating: 100% (QA)
To calculate the unit price Swifty Corporation should charge in order to earn 4000 on the special or... View the full answer
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Posted Date:
Students also viewed these accounting questions
-
Hazelton Manufacturing prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking account was $2,750 and the bank balance on the bank...
-
Write a program to find the average of natural numbers from 1 to N using do while loop. Value of N should be entered by user. [Hint : Average = sum of all numbers / total number of natural numbers]
-
Prove that the locus of the foot of the perpendicular from the focus.of the conic, 1. 1 + e cos 0, on a tangent to it is either a circle or a straight line.
-
Josie's new job has a yearly salary of $42,000. Her salary will increase by $4000 each year thereafter. If Josie works for at this job for 30 years how much will she have been paid total over the 30...
-
Read the case study "Can Washing Small Customers Lead to Larger Profits" and Write a summary of the case study, research and describe at least 3 technologies that could be used to support or enhance...
-
Explain how an individual can engage in tax arbitrage by borrowing: (a) To put money into an IRA; (b) To buy a tax-exempt bond.
-
You represent a group of neighborhood residents in a large city who are protesting construction of a skyscraper that will violate building height limitations. Draft a complaint, requesting an...
-
Elburn Supply Co. has the following transactions related to notes receivable during the last 2 months of 2014. The company does not make entries to accrue interest except at December 31. Nov. 1...
-
8-5 Analyze the cost data in the Excel workbook C08Data.xlsx for the Costcutin Co. What percent of sales are represented by each category of cost? What are the implications of these data for...
-
The information listed below refers to the employees of Lemonica Company for the year ended December 31, 2018. The wages are separated into the quarters in which they were paid to the individual...
-
Precizion is a company that makes digital cameras. Since the early 2000s, the company has lost a considerable portion of its customer base due to the entry of smart phones on the market. These days...
-
Based on the current economy and your thoughts about the future economy, does the NVIDA beta make you want to invest in it? Why or why not?
-
What is the difference in total payments for a loan of $35,000 which is paid over 5 years with equal total payments, compared to a loan of $35,000 which is paid back in equal total payments starting...
-
You are investigating an email fraud case on a suspect computer. Youhave been given limited access to the suspect computer. What is the bestdata acquisition method that you will use in this scenario?...
-
You invest $1,000 in a project today. The project will generate a one-time cash flow of $1,956 five years from now. If the interest rate is 3%, what is the Net Present Value of the project? (Round to...
-
Scenario: As a financial advisor, you provided a few recommendations to your client, Will to meet his education goal for his child. We asked the client to Open an RESP account and make an initial...
-
c) 10% d) 22.8% 7) If the one- and two-year U.S. Treasury notes have yields to maturity of 3% and 4%, respectively, then the expected future or forward interest rate between the end of year 1 and the...
-
In the circuit shown in Figure 4, a battery supplies a constant voltage of 40 V, the inductance is 2 H, the resistance is 10, and l(0) = 0. (a) Find l(t). (b) Find the current after 0.1s.
-
Allocation of common costs. Sunny Dunn, a self-employed consultant near Sacramento, received an invitation to visit a prospective client in Baltimore. A few days later, she received an invitation to...
-
Name the four areas in which standards of ethical conduct exist for management accountants in the United States. What organization sets forth these standards?
-
Regression; choosing among models (chapter appendix) Tilbert Toys (TT) makes the popular Floppin Freddy Frog and Jumpin Jill Junebug dolls in batches. TT has recently adopted activity-based costing....
-
Identify and explain factors that should keep the quality of audits high even though advertising and tender ing are allowed.
-
Why do you think the rules of conduct of the profes sional accounting bodies which pertain to public accounting ban contingent fees for audits?
-
Each of the following scenarios involves a possible violation of the rules of conduct discussed in the chapter. Indicate whether each is a violation and explain why if you think it is. a. John Brown...
Study smarter with the SolutionInn App