D 20 pts Spring 2023 Question 1 Home Announcements Lisa, Inc., manufactures golf clubs in three models. For the year, the Big Bear line has a net loss of $3,500 from sales $201,000, variable costs Account Modules $174,000, and fixed costs $30,500. If the Big Bear line is eliminated, Textbook $19,400 of fixed costs will remain. Prepare an analysis showing whether Dashboard Discussions the Big Bear line should be eliminated. Courses Grades Syllabus . Do NOT enter a dollar sign. For example, if you are typing $10,000 as Calendar BC Peer Tutoring your answer, answer should be typed as 10,000 without any dollar sign. 46 . For any negative amounts, enter them using either a negative sign NetTutor preceding the number such as -50 or parentheses such as (50). Inbox Renegade Hub for . If the amount is zero, enter 0. Canvas Help! History Writing Center Continue or Eliminate Studio Net Income Continue Eliminate Increase ? (Decrease) Help $ $ $ Sales $ $ $ Variable Costs K $ $ $Spring 2023 Continue or Eliminate Net Income Home Continue Eliminate Increase Announcements (Decrease) Account Modules $ $ $ Sales Textbook Dashboard Discussions $ $ $ Courses Grades Variable Costs Syllabus to to Contribution Calendar BC Peer Tutoring Margin 46 NetTutor Inbox $ to Renegade Hub for Fixed Costs Canvas Help! History Writing Center $ to Net Studio Income/(Loss) ? Help D Question 2 20 pts KGregory Industries incurs unit costs of $10 ($7 variable and $3 fixed) in Spring 2023 making an assembly part for its finished product. A supplier offers to Home make 10,000 of the assembly part at $6 per unit. If the offer is accepted, Announcements Gregory will save all variable costs but no fixed costs. Prepare an analysis Account showing the total cost saving, if any, Gregory will realize by buying the Modules part. Textbook Dashboard Hint: Compare your current option with new option to determine if the Discussions decision will increase or decrease net income. Courses Grades . Do NOT enter a dollar sign. For example, if you are typing $10,000 as Syllabus your answer, answer should be typed as 10,000 without any dollar sign. Calendar BC Peer Tutoring . For any negative amounts, enter them using either a negative sign 46 preceding the number such as -50 or parentheses such as (50). NetTutor Inbox . If the amount is zero, enter 0. Renegade Hub for Canvas Help! History Writing Center Make or Buy Net Income Studio Make Buy Increase (Decrease) ? Help Variable $ $ $ Manufacturing Costs Fixed $ $ $ Manufacturing Costs K $ $ $to Spring 2023 Fixed $ Manufacturing Home Costs Announcements to Account Modules Purchase Price Textbook to to Dashboard Total Annual Discussions Costs Courses Grades Syllabus Calendar BC Peer Tutoring 46 NetTutor Inbox Renegade Hub for Canvas Help! D Question 3 20 pts History Writing Center Bryant Company has a factory machine with a book value of Studio $87,400 and a remaining useful life of 7 years. It can be sold for $29,200. ? A new machine is available at a cost of $346,000. This machine will have Help a 7-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $622,000 to $565,000. Prepare an analysis showing whether the old machine should be retained or replaced. Follow the instructions when completing the table. 1. In the first two columns (Retain Equipment and Replace Equipment), K costs and expenses SHOULD be entered as positive amounts. Any s received by the c SHOULD be entered as negative2. Make sure to apply the estimated useful life in performing calculations Spring 2023 for variable manufacturing costs. (Total Variable Manufacturing Costs = Home Annual Variable Manufacturing Costs X Estimated Useful Life) Announcements . Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar Account Modules sign. Textbook . For any negative amounts, enter them using either a negative sign Dashboard Discussions preceding the number such as -50 or parentheses such as (50). . If the amount is zero, enter 0. Courses Grades Syllabus Retain or Replace Calendar BC Peer Tutoring Net Income 46 NetTutor Retain Replace Increase Inbox Equipment Equipment Renegade Hub for (Decrease) Canvas Help! Variable $ $ $ History Writing Center Manufacturing Costs Studio to to New Machine ? Cost Help to Selling Old $ Machine $ to Total Costs KSpring 2023 D Question 4 20 pts Home Announcements Pine Street Inc. makes unfinished bookcases that it sells for $59. Account Modules Production costs are $38 variable and $10 fixed. Because it has unused capacity, Pine Street is considering finishing the bookcases and selling Textbook Dashboard them for $73. Variable finishing costs are expected to be an additional Discussions $6 per unit with no increase in fixed costs. Prepare an analysis on a per unit basis showing whether Pine Street should sell unfinished or finished Courses Grades bookcases. Syllabus Calendar BC Peer Tutoring 46 NetTutor . Do NOT enter a dollar sign. For example, if you are typing $10,000 as Inbox your answer, answer should be typed as 10,000 without any dollar sign. Renegade Hub for . For any negative amounts, enter them using either a negative sign Canvas Help! preceding the number such as -50 or parentheses such as (50). History Writing Center . If the amount is zero, enter 0. Studio ? Sell or Process Further Help Net Income Sell Process Further Increase (Decrease) Sales Price per $ $ $ Unit K Cost per Unitto to Spring 2023 Variable Home Announcements $ to Account Fixed Modules Textbook Dashboard Total Costs per $ Discussions Unit Courses Grades $ $ Syllabus Net Income / $ (Loss) per Unit Calendar BC Peer Tutoring 46 NetTutor Inbox Renegade Hub for Canvas Help! History Writing Center D Question 5 20 pts Studio ? Help At MM Productions, it costs $98 per unit ($40 variable and $58 fixed) to make a headphone that normally sells for $150. A foreign wholesaler offers to buy 1,000 units at $105 each. MM Productions will incur special shipping costs of $1 per unit. Assuming that MM Productions has excess operating capacity, indicate the net income (loss) MM Productions would realize by accepting the special order. K Hint: Fixed costs are not avoidable whether the special order is acceptedSpring 2023 Home . Do NOT enter a dollar sign. For example, if you are typing $10,000 as your answer, answer should be typed as 10,000 without any dollar sign. Announcements . For any negative amounts, enter them using either a negative sign Account Modules preceding the number such as -50 or parentheses such as (50). Textbook . If the amount is zero, enter 0. Dashboard Discussions Reject or Accept Net Income Courses Grades Reject Order Accept Order Increase Syllabus (Decrease) Calendar BC Peer Tutoring $ $ 46 NetTutor Revenues Inbox Renegade Hub for Canvas Help! Variable $ $ $ History Manufacturing Writing Center Costs $ $ Studio Shipping Cost ? Help Net Income / $ (Loss) K