Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8 (2 points) Given the data below for Eggscellent Inc., what is the sales margin (return on sales) rounded to the nearest percentage? Sales Operating

8 (2 points) Given the data below for Eggscellent Inc., what is the sales margin (return on sales) rounded to the nearest percentage? Sales Operating income Return on investment 78% 85% 15% 22% $2,000,000 $440,000 15% Question 9 (2 points) E. Bunny owns a factory that produces 15,000 individual egg dyes per season that are used for the production of egg decorating kits. E. Bunny was recently approached by an outside supplier (R. Rabbit) that offered to produce the dyes at $15 per unit. Purchasing from R. Rabbit will give E. Bunny unused space, which can be rented out for $130,000. E. Bunny has provided the following information about the costs associated with producing their egg dyes: Per unit costs Costs at production of 15,000 dyes Direct materials $2 $30,000 Direct labour $3 $45,000 Variable manufacturing $1 $15,000 overhead Allocated common Fixed $4 $60,000 manufacturing overhead Total $10 $150,000 Should E. Bunny purchase their dye from the outside supplier R. Rabbit? No, profits would decrease by $5,000 if the outside supplier's offer is accepted No, profits would decrease by $95,000 if the outside supplier's offer is accepted Yes, profits would increase by $95,000 if the outside supplier's offer is accepted Yes, profits would increase by $5,000 if the outside supplier's offer is accepted

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

Becoming An Unstoppable Woman In Finance 29 Strategic Financial Experts

Authors: Hanna Olivas, Adriana Luna Carlos, Heather Stokes, Lisa Chastain, Jennifer Lara, Shannon Lavenia, Althia Lopez, Heather Jackson, Annette Morris, Rebecca Chandler

1st Edition

979-8986936703

More Books

Students also viewed these Accounting questions

Question

Explain the distinction(s) between agency funds and trust funds.

Answered: 1 week ago

Question

5. Identify three characteristics of the dialectical approach.

Answered: 1 week ago