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Adams Company makes fine jewelry that it sells to department stores throughout the United States. Adams is trying to decide which of the two bracelets to manufacture. Cost data pertaining to the two choices follow: Bracelet A Bracelet B Cost of materials per unit $ 35 S 42 Cost of labor per unit 46 46 Advertising cost per year 9,000 7, 700 Annual depreciation on existing equipment 5, 100 4, 200 Required a. Identify the fixed costs and determine the amount of fixed cost for each product. b. Identify the variable costs and determine the amount of variable cost per unit for each product. c. Identify the avoidable costs and determine the amount of avoidable cost for each product. Complete this question by entering your answers in the tabs below. Required A Required B Required C Identify the fixed costs and determine the amount of fixed cost for each product. Fixed Costs Bracelet A Bracelet B Total fixed costsAdams Company makes fine jewelry that it sells to department stores throughout the United States. Adams is trying to decide which of the two bracelets to manufacture. Cost data pertaining to the two choices follow: Bracelet A Bracelet B Cost of materials per unit 35 42 Cost of labor per unit 46 46 Advertising cost per year 9,000 7, 700 Annual depreciation on existing equipment 5,100 4,200 Required a. Identify the fixed costs and determine the amount of fixed cost for each product. b. Identify the variable costs and determine the amount of variable cost per unit for each product. c. Identify the avoidable costs and determine the amount of avoidable cost for each product. Complete this question by entering your answers in the tabs below. Required A Required B Required C Identify the variable costs and determine the amount of variable cost per unit for each product. Variable Costs Bracelet A Bracelet B Total variable costs per unitAdams Company makes fine jewelry that it sells to department stores throughout the United States. Adams is trying to decide which of the two bracelets to manufacture. Cost data pertaining to the two choices follow: Bracelet A Bracelet B Cost of materials per unit 35 S 42 Cost of labor per unit 46 46 Advertising cost per year 9,000 7,700 Annual depreciation on existing equipment 5, 100 4, 200 Required a. Identify the fixed costs and determine the amount of fixed cost for each product. b. Identify the variable costs and determine the amount of variable cost per unit for each product. c. Identify the avoidable costs and determine the amount of avoidable cost for each product. Complete this question by entering your answers in the tabs below. Required A Required B Required C Identify the avoidable costs and determine the amount of avoidable cost for each product. Avoidable Costs Bracelet A Bracelet BCampbell Concrete Company pours concrete slabs for single-family dwellings. Lancing Construction Company, which operates outside Campbell's normal sales territory, asks Campbell to pour 43 slabs for Lancing's new development of homes. Campbell has the capacity to build 410 slabs and is presently working on 220 of them. Lancing is willing to pay only $2,660 per slab. Campbell estimates the cost of a typical job to include unit-level materials, $800; unit-level labor, $540; and an allocated portion of facility-level overhead, $1,380. Required Calculate the contribution to profit from the special order. Should Campbell accept or reject the special order to pour 43 slabs for $2,660 each? Contribution to profit Should Campbell accept or reject the special order?Solomon Company, which produces and sells a small digital clock, bases its pricing strategy on a 20 percent markup on total cost. Based on annual production costs for 10,000 units of product, computations for the sales price per clock follow: Unit-level costs $130,000 Fixed costs 70,000 Total cost (a) 200,000 Markup (a x 0.20) 40,000 Total sales (b) $240, 000 Sales price per unit (b + 10,000) $ 24 Required a. Solomon has excess capacity and receives a special order for 8,000 clocks for $18 each. Calculate the contribution margin per unit. Based on this, should Solomon accept the special order? b. Prepare a contribution margin income statement for the special order. Complete this question by entering your answers in the tabs below. Required A Required B Solomon has excess capacity and receives a special order for 8,000 clocks for $18 each. Calculate the contribution margin per unit. Based on this, should Solomon accept the special order? Contribution margin per unit Should Solomon accept the special order?Solomon Company, which produces and sells a small digital clock, bases its pricing strategy on a 20 percent markup on total cost. Based on annual production costs for 10,000 units of product, computations for the sales price per clock follow: Unit-level costs $130, 000 Fixed costs 70,000 Total cost (a) 200,000 Markup (a x 0.20) 40,000 Total sales (b) $240, 000 Sales price per unit (b + 10,000) $ 24 Required a. Solomon has excess capacity and receives a special order for 8,000 clocks for $18 each. Calculate the contribution margin per unit. Based on this, should Solomon accept the special order? b. Prepare a contribution margin income statement for the special order. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a contribution margin income statement for the special order. SOLOMON COMPANY Contribution Margin Income Statement