Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Iroy Engines Ltd. manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its

image text in transcribed
image text in transcribed
Iroy Engines Ltd. manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to produce and sell one type of carburetor to Troy Engines Ltd. for a cost of $38 per unit. To evaluate this offer, Troy Engines Ltd. has gathered the following information relating to its own cost of producing the carburetor internally: 1. Direct materlals cost $17 per unit. 2. Troy Engines pays its direct labour employees $20 per hour; each carburetor requires 30 minutes of labour time. 3. Varlable manufacturing overhead is allocated at 30% of direct labour cost. 4. Total fixed manufacturing cost amounts to $15 per unit, of which 60% is allocated common cost and the remaining 40% covers depreciation of special equipment and supervisory salaries. The special equipment has no resale value. Supervisory personnel will be transferred to a different department if the company decides to purchase the carburetor from the outside supplier. 5. Yearly production of this type of carburetor is 15,300 units. Required: 1-o. Assume that the company has no alternative use for the facilities that are now being used to produce the carburdors. Compute the total differential cost per unit for producing and buying the product. 1-b. Should the outside supplier's offer be accepted? Yes No 2-0. Suppose that if the carburetors were purchased, Troy Engines Ltd, could use the freed capacity to launch a new product. The segment margin of the new product would be $150,000 per year. Compute the total differentlal cost for producing and buying the product 2-b. Should Troy Engines Ltd. accept the offer to buy the carburetors for $38 per unit? Yes No

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting The Basics

Authors: Ilias Basioudis

1st Edition

1138605514, 9781138605510

More Books

Students also viewed these Accounting questions

Question

=+How can I use it in a new way?

Answered: 1 week ago

Question

=+2. Do they use a similar tone of voice and point of view?

Answered: 1 week ago