I need help with these three questions!

1)

a)

Grant Industries, a manufacturer of electronic parts, has recently received an invitation to bid on a special order for 23,500 units of one of its most popular products. Grant currently manufactures 47,000 units of this product in its Loveland, Ohio, plant. The plant is operating at 50% capacity. There will be no marketing costs on the special order. The sales manager of Grant wants to set the bid at $11 because she is sure that Grant will get the business at that price. Others on the executive committee ofthe firm object, saying that Grant would lose money on the special order at that price. Units 47, 366 TB, 5% Manufacturing costs: Direct materials $117, 566 $176,256 Direct labor 164, 566 246, 756 Factoryr overhead 329,666 423,666 Total manufacturing costs $511,866 $846,666 Unit cost $ 13 $ 12 [ Required 2. What is the relevant cost per unit? What do you think the minimum shortterm bid price per unit should be? What would be the impact on shortterm operating income if the order is accepted at the price recommended by the sales manager? 4. What would the total opportunity cost be if by accepting the special order the company lost sales of 6,500 units to its regular customers? Assume the preceding facts plus a normal selling price of $24 per unit. Complete this question by entering your answers in the tabs below. Required 2 Required 4 What is the relevant oost per unit? What do you think the minimum shorttenn bid price per unit should be? What would be the impact on shorttemt operating inoome ifie order is accepted at the price recommended by the sales manager? Relevant cost per unit Bid price per unit should be any price above Change in shortten\" operating income Required 4 ) Grant Industries, a manufacturer of electronic parts, has recently received an invitation to bid on a special order for 23,500 units of one of its most popular products. Grant currently manufactures 47,000 units ofthis product in its Loveland, Ohio, plant. The plant is operating at 50% capacity. There will be no marketing costs on the special order. The sales manager of Grant wants to set the bid at $11 because she is sure that Grant will get the business at that price. Others on the executive committee of the firm object, saying that Grant would lose money on the special order at that price. Units 4?, 8% 78, 590 Manufacturing costs: Direct materials 511?, 530 $1?6,256 Direct labor 164,500 246,235? Factoryr overhead 329,800 423,360 Total manufacturing costs $611,869 $846,890 Unit cost 5 13 5 12 I Required 2. What is the relevant cost per unit? What do you think the minimum shortterm bid price per unit should be? What would be the impact on shortterm operating income ifthe order is accepted at the price recommended by the sales manager? 4. What would the total opportunity cost be if by accepting the special order the company lost sales of 6,500 units to its regular customers? Assume the preceding facts plus a normal selling price of $24 per unit. Complete this question by entering your answers in the labs below. Requiredz E Required4 What would the total opportunity cost be if by accepting the special order the company lost sales of 6,500 units to its regular customers? Assume the preceding facts plus a normal selling price of $24 per unit.