Answered step by step
Verified Expert Solution
Question
1 Approved Answer
20 Hemework -stion 2 of 5 1.67/5 Policies w Attempt History rrent Attempt in Progress Anna Garden recently opened her own basketweaving studio. She sells
20 Hemework -stion 2 of 5 1.67/5 Policies w Attempt History rrent Attempt in Progress Anna Garden recently opened her own basketweaving studio. She sells finished baskets in addition to selling the raw materials needed by customers to weave baskets of their own. Unfortunately, owing to space limitations, Anna is unable to carry all varieties of kits originally assembled and must choose between two basic packages. The Basic Kit includes undyed, uncutreeds (with dye incuded) for weaving one basket. This basic package costs Anna 516 and sells for $30. The second kit, called Stage 2, includes cut reeds that have a ready been dyed. With this kit the customer need only soak the reeds and weave the basket Anna produces the Stage 2 kit by using the materials included in the Basic Kit . Because she is more efficient at cutting and dying reeds than her average customer, Anna is able to produce two Stage 2 kits in one hour from one Basic Kit (She values her time at S24 per hour. The Stage 2 kt sells for $39. (a1) Your answer is partially correct Prepare an incremental analysis for the Annas basketweaving studio (Enter negative amounts using either a negativelyn preceding the number eg. 45 or parentheses es (451) Your answer is partially correct. Prepare an incremental analysis for the Anna's basketweaving studio (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg: (45) Sell (Basic Kit) Process Further (Two Stage 2 Kits) Net Income Increase (Decrease) S 30 $ 39 Sales per unit Costs per unit Direct materials Direct labor $ 16 i 8 i S O 12 i Total $ 16 20 Net Income per unt $ 14 19 e Textbook and Media Assistance Used 22 % 5 8 7 00+ 2 3 4 CO 0 W E CC T Y U
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started