Bb WE & co 5 X 30 (1 20 42 30 (1 20 (6 3 ac M Int G Go & ac Bb En O ME GA( if - G w ww M coif H & co 5 C: 5 w & B + C A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a.. Ch 10 HW - ACG3073 Saved Help Save & Exit Submit Check my work 11 Jones Products manufactures and sells to wholesalers approximately 400,000 packages per year of underwater markers at $3.83 per package. Annual costs for the production and sale of this quantity are shown in the table. 15 points Direct materials $ 512,000 Direct labor 128, 000 Overhead 384,000 Selling expenses 160, 000 eBook Administrative expenses 107, 000 Print Total costs and expenses $1, 291, 000 References A new wholesaler has offered to buy 67,000 packages for $3.36 each. These markers would be marketed under the wholesaler's name and would not affect Jones Products's sales through its normal channels. A study of the costs of this additional business reveals the following: . Direct materials costs are 100% variable. . Per unit direct labor costs for the additional units would be 50% higher than normal because their production would require overtime pay at 1/2 times the usual labor rate. 25% of the normal annual overhead costs are fixed at any production level from 350,000 to 500,000 units. The remaining 75% of the annual overhead costs are variable with volume. Accepting the new business would involve no additional selling expenses. Accepting the new business would increase administrative expenses by a $4,000 fixed amount. Required: Complete the three-column comparative income statement that shows the following. (Round your intermediate calculations and per unit cost answers to 3 decimals.) 1 Annual anarating income without the enarial ardor Mc Graw Bb WE & co 5 X 30 (1 30 42 20 (1 30 (6 3 ac M Int G Go & ac Bb En Q ME GA f G w ww M co if a & co S C 5 w & B + C A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a.. Ch 10 HW - ACG3073 Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 11 1. Annual operating income without the special order. 2. Annual operating income received from the new business only. 3. Combined annual operating income from normal business and the new business. 15 X Answer is not complete. points Per Unit Amounts Total Normal New Normal New Volume Volume Combined Business Business Sales $ 3.83 $ 3.36 $ 1,532,000 $ 225, 120 $ 1,757,120 Variable costs Direct materials 1.280 1.280 512,000 85,760 597,760 Direct labor 0.320 0.480 128,000 32,160 160,160 Variable overhead 0.720 0.720 288,000 48,240 336,240 2.320 2.480 928,000 166,160 1,094, 160 604,000 58,960 662,960 Fixed costs: Fixed overhead 96,000 96.000 Selling expenses 160,000 160,000 Administrative expenses 107,000 4,000 111,000 363,000 X 4,000 X 367,000 Mc Graw Bb WE & co 5 X 30 (1 30 42 20 (1 30 (6 3 ac M Int G Go & ac Bb En Q ME GA f G w ww M co if a & co S C 5 w & B + C A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a.. Ch 10 HW - ACG3073 i Saved Help Save & Exit Submit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 11 Normal New Normal New Combined Volume Business Volume Business Sales $ 3.83 $ 3.36 ~ $ 1,532,000 ~ $ 225,120 $ 1,757,120 Variable costs 1.280 1.280 85,760 597,760 15 Direct materials 512,000 points Direct labor 0.320 0.480 128,000 32,160 160, 160 Variable overhead 0.720 0.720 288,000 48,240 336,240 2.320 2.480 928,000 166, 160 1,094, 160 604,000 58,960 662,960 Fixed costs: Fixed overhead 96,000 96.000 Selling expenses 160,000 160,000 Administrative expenses 107,000 4,000 111,000 363,000 X 4,000 X 367,000 726,00 8,000 734,000 Operating income $ 241,000 $ 54,960 $ 295,960 Mc Graw