Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. last year, x company sold 62,400 units of its only

Last year, X Company sold 62,400 units of its only product for $17.00...

60.1K

Verified Solution

Question

Accounting

image

Last year, X Company sold 62,400 units of its only product for $17.00 each. Total costs were as follows: $418,704 142,272 Cost of goods sold Variable Fixed Selling and administrative Variable Fixed $77,376 78,000 At the end of the year, a company offered to buy 4,800 units of the product for $11.00 each instead of $17.00. X Company's production manager thought that the special order units would probably require additional variable costs per unit of $0.95 and the rental of special equipment for $1,000. X Company had the capacity to produce the additional units, and there would have been no selling and administrative costs for the special order. But X Company still rejected the order. 4. If X Company had accepted the special order, firm profits would have increased by Submit Answer Tries 0/3 5. There was concern that regular customers would have found out about the special order, and X Company's regular sales this year would have fallen by 550 units. The result of these lost sales would have been to reduce X Company's profits this year by

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

how does sampling variation relate to concluding Ho or H1 when conducting a hypothesis testing?

Statistics
1.2K views

Use the standard normal table to find the​ z-score that corresponds to the given percentile. If...

Biology
1.2K views

Please give and explain biological activities and therapeutic values of Eravacycline.

Biology
1.2K views

How does an enzyme catalyze a reaction O by lowering the free energy of a...

Geometry
1.2K views

TAN In 4 21 Find the length of the missing side x using sine cosine...

Basic Math
1.2K views

How is the graph of log (x + 3) - 4 translated from the graph...

Basic Math
1.2K views

The equation y = 1/2 x - 12 represents a function where x is the...

Accounting
1.2K views

An S Corporations tax year ends November 30. When is the 2019 tax return due...

Accounting
1.2K views

"The City of Manchester, New Hampshire, has only one activity, its school system. The school...

Accounting
1.2K views

During the year, Wright Company sells 465 remote-control airplanes for $100 each. The company has...

Accounting
1.2K views

Clay for making the pets toys is which expenditure

Finance
1.2K views

Calculate the monthly finance charge for the credit card transaction. Assume that it takes 10...