Giberto Company currently manufactures 70.000 units per year of one of its crucial parts Variable costs are $2.20 per unit fixed costs related to making this part ore $80.000 per year and allocated fixed costs are 567000 per year Allocated fixed costs are unavoidable whether the company makes or buys the part Gilberto is considering buying the part from a supplier for a quoted price of $3.45 per unit guaranteed for a three-year period Calculate the total incremental cost of making 70.000 and buying 70.000 units. Should the company continue to manufacture the part, or should it buy the part from the outside supplier? Complete this question by entering vour answers in the tabs below. Costs to Make Costs to Buy Outside Supplier Calculate the total incremental cost of making 70,000 units. Round cost per unit answers to 2 decimal places.) Incremental costs to make Relevant Amount Relevant Fixed per Unit Costs Total Relevant Costs Total incremental cost to make Costs to Buy > newconnectmheducaton.com flow/connect html 25 HW 0 Giberto Company currently manufactures 70.000 units per year of one of its crucial parts. Variable costs are $220 per unified costs related to making this part are $80.000 per year and allocated fixed costs are $67.000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part Gilberto is considering buying the part from a supplier for a quoted price of $3 45 per un guaranteed for a three-year period Calculate the total incremental cost of making 70.000 and buying 70.000 units. Should the company continue to manufacture the part or should it buy the part from the outside supplier? Complete this question by entering your answers in the tabs below. costs to Make costs to Buy Supplier Calculate the total incremental cost of buying 70 DOD Units (Round cost per unit answers to 2 decimal places.) incremental Costs to Buy Relevant AmountRelevant Fixed per Unit Costs Teta Flokvant Costs Total incremental cost to buy Prey 10 5 be here to search Gilberto Company currently manufactures 70,000 units per year of one of its crucial parts. Variable costs are $2.20 per unit, fixed costs related to making this part are $80,000 per year, and allocated fixed costs are $67.000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part. Gilberto is considering buying the part from a supplier for a quoted price of $3.45 per unit guaranteed for a three-year period. Calculate the total incremental cost of making 70.000 and buying 70.000 units. Should the company continue to manufacture the part, or should it buy the part from the outside supplier? Complete this question by entering your answers in the tabs below. Costs to Make Costs to Buy Outside sbpplier Should the company continue to manufacture the part, or should it buy the part from the outside supplier? Should Gilberto make the part or purchase it from the outside supplier? Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $37000 and a remaining useful life of four years, at which time its salvage value will be zero. It has a current market value of $47000 Variable manufacturing costs are $33.600 per year for this machine. Information on two alternative replacement machines follows. Alternative $123,000 22,500 Alternative $120,000 10,400 Variable manufacturing costs per year Calculate the total change in net income if Alternative AB is adopted. Should Xinhong keep or replace its manufacturing machine machine should be replaced, which alternative new machine should Xinhong purchase? the Complete this question by entering your answers in the tabs below. Alternative A Alternative B Xinhong Purchase calculate the total change in net income if Alternative Bis adopted. (Cash outfiows should be indicated by a minus sign. ALTERNATIVE B: INCREASE OR (DECREASE) IN NET INCOME Cost to buy new machine Cash received to trade in old machine Reduction in variable manufacturing costs Total change in net income Farrow Co. expects to sell 400,000 units of its product in the next period with the following results $6,000,000 Sales (480,000 units) Costs and expenses Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses Net Income 800,000 1,600,000 400,200 500,200 1,028,200 4,428,200 $1,572,200 The company has an opportunity to sell 40.000 additional units at $12 per unit. The additional sales would not affect its current expected sales Direct materials and labor costs per unit would be the same for the additional units as they are for the regular units However, the additional volume would create the following incremental costs: (1) total overhead would increase by 15% and (2) administrative expenses would increase by $172,000 Calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $12 per unit Should the company accept or reject the offer? Complete this question by entering your answers in the tabs below. Net Income Accept or Roject Calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $12 per unit Normal Volume Additional Volume Combined Total Costs and expenses Total costs and expenses Incremental income (oss) from new business Accept or Reject> Giberto Company currently manufactures 70.000 units per year of one of its crucial parts Variable costs are $2.20 per unit fixed costs related to making this part ore $80.000 per year and allocated fixed costs are 567000 per year Allocated fixed costs are unavoidable whether the company makes or buys the part Gilberto is considering buying the part from a supplier for a quoted price of $3.45 per unit guaranteed for a three-year period Calculate the total incremental cost of making 70.000 and buying 70.000 units. Should the company continue to manufacture the part, or should it buy the part from the outside supplier? Complete this question by entering vour answers in the tabs below. Costs to Make Costs to Buy Outside Supplier Calculate the total incremental cost of making 70,000 units. Round cost per unit answers to 2 decimal places.) Incremental costs to make Relevant Amount Relevant Fixed per Unit Costs Total Relevant Costs Total incremental cost to make Costs to Buy > newconnectmheducaton.com flow/connect html 25 HW 0 Giberto Company currently manufactures 70.000 units per year of one of its crucial parts. Variable costs are $220 per unified costs related to making this part are $80.000 per year and allocated fixed costs are $67.000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part Gilberto is considering buying the part from a supplier for a quoted price of $3 45 per un guaranteed for a three-year period Calculate the total incremental cost of making 70.000 and buying 70.000 units. Should the company continue to manufacture the part or should it buy the part from the outside supplier? Complete this question by entering your answers in the tabs below. costs to Make costs to Buy Supplier Calculate the total incremental cost of buying 70 DOD Units (Round cost per unit answers to 2 decimal places.) incremental Costs to Buy Relevant AmountRelevant Fixed per Unit Costs Teta Flokvant Costs Total incremental cost to buy Prey 10 5 be here to search Gilberto Company currently manufactures 70,000 units per year of one of its crucial parts. Variable costs are $2.20 per unit, fixed costs related to making this part are $80,000 per year, and allocated fixed costs are $67.000 per year. Allocated fixed costs are unavoidable whether the company makes or buys the part. Gilberto is considering buying the part from a supplier for a quoted price of $3.45 per unit guaranteed for a three-year period. Calculate the total incremental cost of making 70.000 and buying 70.000 units. Should the company continue to manufacture the part, or should it buy the part from the outside supplier? Complete this question by entering your answers in the tabs below. Costs to Make Costs to Buy Outside sbpplier Should the company continue to manufacture the part, or should it buy the part from the outside supplier? Should Gilberto make the part or purchase it from the outside supplier? Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $37000 and a remaining useful life of four years, at which time its salvage value will be zero. It has a current market value of $47000 Variable manufacturing costs are $33.600 per year for this machine. Information on two alternative replacement machines follows. Alternative $123,000 22,500 Alternative $120,000 10,400 Variable manufacturing costs per year Calculate the total change in net income if Alternative AB is adopted. Should Xinhong keep or replace its manufacturing machine machine should be replaced, which alternative new machine should Xinhong purchase? the Complete this question by entering your answers in the tabs below. Alternative A Alternative B Xinhong Purchase calculate the total change in net income if Alternative Bis adopted. (Cash outfiows should be indicated by a minus sign. ALTERNATIVE B: INCREASE OR (DECREASE) IN NET INCOME Cost to buy new machine Cash received to trade in old machine Reduction in variable manufacturing costs Total change in net income Farrow Co. expects to sell 400,000 units of its product in the next period with the following results $6,000,000 Sales (480,000 units) Costs and expenses Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses Net Income 800,000 1,600,000 400,200 500,200 1,028,200 4,428,200 $1,572,200 The company has an opportunity to sell 40.000 additional units at $12 per unit. The additional sales would not affect its current expected sales Direct materials and labor costs per unit would be the same for the additional units as they are for the regular units However, the additional volume would create the following incremental costs: (1) total overhead would increase by 15% and (2) administrative expenses would increase by $172,000 Calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $12 per unit Should the company accept or reject the offer? Complete this question by entering your answers in the tabs below. Net Income Accept or Roject Calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $12 per unit Normal Volume Additional Volume Combined Total Costs and expenses Total costs and expenses Incremental income (oss) from new business Accept or Reject>