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Assistance needed with accounting homework regarding make or buy decisions and pricing decisions You must enable macros in order fo Please visit the Microsoft Office
Assistance needed with accounting homework regarding make or buy decisions and pricing decisions
You must enable macros in order fo Please visit the Microsoft Office Support sit Contact the World Campus Helpdesk s in order for this assignment to function. e Support site for documentation and instructions. us Helpdesk if you continue to have trouble. s. PRICING DECISIONS Jackson, Inc., manufactures and sells Garden Gnomes. The company is planning its prices for the upcoming year. The company has a favorable reputation among customers and therefore has some control over its prices. Jackson, Inc. has provided the following information related to its current price, costs, assets, and expected return on investment. Current selling price per unit Expected sales in units Direct materials, per unit Direct labor, per unit Variable factory overhead, per unit Variable selling expenses, per unit Fixed factory overhead Fixed selling and administrative expenses Average total assets Expected return on investment (ROI) Required: 1. Would Jackson emphasize target pricing or cost-plus pricing? Explain your decision. 2. What price should Jackson charge? Show calculations. Use the area below to sho (*Note: Your instructor may use this area t Part 1 Target pricing or cost-plus pricing, Explain your decision: Part 2 Price Jackson should charge: Round to two decimal places Show calculations: e area below to show your work and calculations. nstructor may use this area to help review and resolve any incorrect answers) rs) You must enable macros in order fo Please visit the Microsoft Office Support sit Contact the World Campus Helpdesk s in order for this assignment to function. e Support site for documentation and instructions. us Helpdesk if you continue to have trouble. s. MAKE OR BUY DECISION Bronco, Inc. makes a part (#357NY) that is included in its final product. A supplier has approached the company and has offered to sell Bronco, Inc. the part. None of the fixed costs related to the product are avoidable. Bronco has the following information related to the offer from its supplier and costs to manufacture the part itself. Cost to purchase part Cost to make the part: Variable expenses per unit: Direct materials Direct labor Variable factory overhead Total variable expenses Fixed expenses per unit Fixed factory overhead Required: 1. Prepare an analysis to determine whether Bronco should make the part or buy it from the supplier. 2. State whether Bronco should make or buy the part. Use the area below t (*Note: Your instructor may use th Part 1 Make Buy Difference Total cost per part Part 2 Should Bronco, Inc. make or buy the part? Note: use either the word Make or Buy (nothing else) the area below to show your work and calculations. our instructor may use this area to help review and resolve any incorrect answers) rs)Step by Step Solution
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