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I need these ASAP!! Just the answers!! Question 26 (3 points) Listen In most cases, prices are set by the 6 customers. largest competitor. competitive
I need these ASAP!! Just the answers!! Question 26 (3 points) Listen In most cases, prices are set by the 6 customers. largest competitor. competitive market. selling company Question 27 (7 points) Justin Company manufactures a product with a unit variable cost of $100 and a unit sales price of $176. Fixed manufacturing costs were $480,000 when 10,000 units were produced and sold. The company has a one-time opportunity to sell an additional 1,000 units at $140 each in a foreign market which would not affect its present sales. If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income as follows: 6 1) Income would increase by $40,000. 2) Income would increase by $140,000. 3) Income would increase by $8,000. 4) Income would decrease by $8,000. Question 28 (7 points) Listen Beeline is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $24 and Beeline would sell it for $52. The cost to assemble the product is estimated at $17 per unit and the company believes the market would support a price of $68 on the assembled unit. Should Beeline sell their product before or after assembly? 1) Process further, the company will be better off by $23 per unit. 2) Sell before assembly, the company will be better off by $16 per unit. 3) Process further, the company will be better off by $11 per unit. 4) Sell before assembly, the company will be better off by $1 per unit. Question 29 (7 points) Listen Williamsburg Company reported the following year-end information: beginning work in process inventory. $80,000; cost of goods manufactured, $750,000; beginning finished goods inventory, $50,000, ending work in process inventory, $70,000; and ending finished goods inventory, $40,000. How much is Williamsburg's cost of goods sold for the year? 1) $750,000 2) $770,000 3) $760,000 4) $740,000 Question 30 (7 points) Listen Faze Out Company is considering buying equipment for $320,000 with a useful life of five years and an estimated salvage value of $16,000. If annual expected income is $28,000, the denominator in computing the annual rate of return is 1) $160,000. 2) $168,000 3) $336,000. 4) $320,000
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