Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(1) Assume that $238,800 of the fixed overhead cost is avoidable. (If an amount reduces the net income then enter with a negative sign preceding

image text in transcribed
image text in transcribed
image text in transcribed
(1) Assume that $238,800 of the fixed overhead cost is avoidable. (If an amount reduces the net income then enter with a negative sign preceding the number e.g. - 15,000 or parenthesis, e.g. (15,000). While alternate approaches are possible, irrelevant fixed costs should be included in both options when solving this problem.) Net Income Increase (Decrease) Make Buy $ $ $ Should the offer be accepted? . Pharoah has recently started to manufacture RecRobo, a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a mobile phone. The cost structure to manufacture 19,900 RecRobos is as follows: Cost $796,000 636,800 Direct materials ($40 per robot) Direct labour ($32 per robot) Variable overhead ($8 per robot) Allocated fixed overhead ($20 per robot) 159,200 398,000 Total $1.990,000 Pharoah is approached by Foress Inc., which offers to make RecRobo for $76 per unit or $1,512,400, Using incremental analysis, determine whether Pharoah should accept this offer under each of the following independent assumptions: (1) Assume that $238,800 of the fixed overhead cost is avoidable. (If an amount reduces the net income then enter with a negative sign preceding the number c.8. - 15,000 or parenthesis, e.g. (15,000). While alternate approaches are possible, irrelevant fixed costs should be included in both options when solving this problem.) Net Income Increase (Decrease) Make Buy $ (2) Assume that none of the fixed overhead is avoidable. However, if the robots are purchased from Foress Inc. Pharoah can use the released productive resources to generate additional income of $138,800. (If an amount reduces the net income then enter with a negative sign preceding the number e.3. - 15,000 or parenthesis, c.8. (15,000). While alternate approaches are possible, irrelevant fixed costs should be included in both options when solving this problem.) Net Income Increase (Decrease) Make Buy (1) Assume that $238,800 of the fixed overhead cost is avoidable. (If an amount reduces the net income then enter with a negative sign preceding the number e.g. - 15,000 or parenthesis, e.g. (15,000). While alternate approaches are possible, irrelevant fixed costs should be included in both options when solving this problem.) Net Income Increase (Decrease) Make Buy $ $ $ Should the offer be accepted? . Pharoah has recently started to manufacture RecRobo, a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a mobile phone. The cost structure to manufacture 19,900 RecRobos is as follows: Cost $796,000 636,800 Direct materials ($40 per robot) Direct labour ($32 per robot) Variable overhead ($8 per robot) Allocated fixed overhead ($20 per robot) 159,200 398,000 Total $1.990,000 Pharoah is approached by Foress Inc., which offers to make RecRobo for $76 per unit or $1,512,400, Using incremental analysis, determine whether Pharoah should accept this offer under each of the following independent assumptions: (1) Assume that $238,800 of the fixed overhead cost is avoidable. (If an amount reduces the net income then enter with a negative sign preceding the number c.8. - 15,000 or parenthesis, e.g. (15,000). While alternate approaches are possible, irrelevant fixed costs should be included in both options when solving this problem.) Net Income Increase (Decrease) Make Buy $ (2) Assume that none of the fixed overhead is avoidable. However, if the robots are purchased from Foress Inc. Pharoah can use the released productive resources to generate additional income of $138,800. (If an amount reduces the net income then enter with a negative sign preceding the number e.3. - 15,000 or parenthesis, c.8. (15,000). While alternate approaches are possible, irrelevant fixed costs should be included in both options when solving this problem.) Net Income Increase (Decrease) Make Buy

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting Tools For Business Decision Making

Authors: Jerry J. Weygandt, Paul D. Kimmel, Ibrahim M. Aly, Donald E. Kieso

6th Canadian Edition

1119731828, 9781119731825

More Books

Students also viewed these Accounting questions