Question
1) 2) ABC Company produces televisions. Budgeted sales for February are 1,040 units. Finished goods inventory on February 1 is budgeted to be 220 units,
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2) ABC Company produces televisions. Budgeted sales for February are 1,040 units. Finished goods inventory on February 1 is budgeted to be 220 units, and finished goods inventory on February 28 is budgeted to be 145 units. What is the budgeted production for February?
3) It costs ABC Company $9 per unit to manufacture 1,940 units per month of a product that it can sell for $35 each. Alternatively, ABC Company could process the units further into a more complex product, which would cost an additional $25 per unit. ABC Company could sell the more complex product for $45 each. What is the incremental revenue if ABC Company decides to process further?
4) ABC Company operates on a calendar year, and expects to sell 6,950 units in January and expects sales to increase 95 units each month thereafter. Sales price is expected to stay constant at $36 per unit. What are budgeted revenues for February?
Randall has received a special order for 4,900 units of its product at a special price of $23. The product normally sells for $29 and has the following manufacturing costs: Per unit $ 2 4 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 2 1 Assume that Randall has sufficient capacity to fill the order. If Randall accepts the order, what effect will the order have on the company's short-term profit? If a decrease, place a - sign before your answer. For example, a decrease of $1,000 would be answered -1,000Step by Step Solution
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