I have attached 2 questions, one part of it is completed it is highlighted in green. The parts i need completed correctly are highlighted in yellow. I have been working on these for a few days, can't get them right. Please help!!!

Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 46,000 Rets per year. Costs associated with this level of production and sales are given below: Question 1 Unit Total $ 25 $ 1,150,000 Direct labor 8 368,000 Variable manufacturing overhead 3 138,000 Fixed manufacturing overhead 9 414,000 Variable selling expense 4 184,000 Fixed selling expense 6 276,000 55 $ 2,530,000 Direct materials Total cost $ The Rets normally sell for $60 each. Fixed manufacturing overhead is constant at $414,000 per year within the range of 40,000 through 46,000 Rets per year. Required: 1 Assume that due to a recession, Polaski Company expects to sell only 40,000 Rets through regular . channels next year. A large retail chain has offered to purchase 6,000 Rets if Polaski is willing to accept a 16% discount off the regular price. There would be no sales commissions on this order; thus, variable selling expenses would be slashed by 75%. However, Polaski Company would have to purchase a special machine to engrave the retail chain's name on the 6,000 units. This machine would cost $12,000. Polaski Company has no assurance that the retail chain will purchase additional units in the future. Determine the impact on profits next year if this special order is accepted. Net profit Increase or Decrease By ____68,400_______________ 2. Refer to the original data. Assume again that Polaski Company expects to sell only 40,000 Rets through regular channels next year. The U.S. Army would like to make a one-time-only purchase of 6,000 Rets. The Army would pay a fixed fee of $1.40 per Ret, and it would reimburse Polaski Company for all costs of production (variable and fixed) associated with the units. Because the army would pick up the Rets with its own trucks, there would be no variable selling expenses associated with this order. If Polaski Company accepts the order, by how much will profits increase or decrease for the year? Net profit Increase or Decrease By ___________________ 3. Assume the same situation as that described in (2) above, except that the company expects to sell 46,000 Rets through regular channels next year. Thus, accepting the U.S. Army's order would require giving up regular sales of 6,000 Rets. If the Army's order is accepted, by how much will profits increase or decrease from what they would be if the 6,000 Rets were sold through regular channels? Net profit Increase or Decrease By ___________________ Question 2 The auto repair shop of Quality Motor Company uses standards to control the labor time and labor cost in the shop. The standard labor cost for a motor tune-up is given below: Job Motor tune-up Standard Hours 2.10 Standard Rate Standard Cost $6.50 $13.65 The record showing the time spent in the shop last week on motor tune-ups has been misplaced. However, the shop supervisor recalls that 140 tune-ups were completed during the week, and the controller recalls the following variance data relating to tune-ups: Labor rate variance $ 893 Labor spending variance $ 251 F U Required: 1 Determine the number of actual labor-hours spent on tune-ups during the week. . Actual labor hours ________hours 2 Determine the actual hourly rate of pay for tune-ups last week. (Round . your answer to 2 decimal places.) Actual hourly rate_____________ Per hour Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 46,000 Rets per year. Costs associated with this level of production and sales are given below: Unit Total $ 25 $ 1,150,000 Direct labor 8 368,000 Variable manufacturing overhead 3 138,000 Fixed manufacturing overhead 9 414,000 Variable selling expense 4 184,000 Fixed selling expense 6 276,000 55 $ 2,530,000 Direct materials Total cost $ The Rets normally sell for $60 each. Fixed manufacturing overhead is constant at $414,000 per year within the range of 40,000 through 46,000 Rets per year. Required: 1 Assume that due to a recession, Polaski Company expects to sell only 40,000 Rets through regular . channels next year. A large retail chain has offered to purchase 6,000 Rets if Polaski is willing to accept a 16% discount off the regular price. There would be no sales commissions on this order; thus, variable selling expenses would be slashed by 75%. However, Polaski Company would have to purchase a special machine to engrave the retail chain's name on the 6,000 units. This machine would cost $12,000. Polaski Company has no assurance that the retail chain will purchase additional units in the future. Determine the impact on profits next year if this special order is accepted. Net profit Increase or Decrease By __increase by_$ 68,400________Correct_____ at 40000 capacity Selling price Direct materials Direct labor Variable manufacturing overhead Variable selling expenses contribution Total contribution Less: one time fixed cost Net increase 2. retail chain 60 50.4 25 25 8 8 3 4 20 800000 3 1 13.4 80400 12,000 68,400 Refer to the original data. Assume again that Polaski Company expects to sell only 40,000 Rets through regular channels next year. The U.S. Army would like to make a one-time-only purchase of 6,000 Rets. The Army would pay a fixed fee of $1.40 per Ret, and it would reimburse Polaski Company for all costs of production (variable and fixed) associated with the units. Because the army would pick up the Rets with its own trucks, there would be no variable selling expenses associated with this order. If Polaski Company accepts the order, by how much will profits increase or decrease for the year? Net profit Increase or Decrease By ____increase by_$ 98,400_______Wrong_ Direct materials 25 Direct labor 8 Variable manufacturing overhead 3 Fixed manufacturing overhead 9 Fixed selling expenses 6 fixed fee 1.4 total selling price 52.4 Less: variable costs 36 contribution 16.4 Total contribution 3. 98,400 Assume the same situation as that described in (2) above, except that the company expects to sell 46,000 Rets through regular channels next year. Thus, accepting the U.S. Army's order would require giving up regular sales of 6,000 Rets. If the Army's order is accepted, by how much will profits increase or decrease from what they would be if the 6,000 Rets were sold through regular channels? Net profit Increase or Decrease By ________decrease by $ 21,600__Wrong regular channel units selling price Variable costs Contribution Net profit 6000 60 40 20 1,2 0,000 increase / US army (decrease) 6000 52.4 36 16.4 98, (21,6 400 00)