Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mountain Rides manufactures snowboards. Its cost of making 1,900 bindings is as follows: Click the icon to view the costs.) Suppose an outside supplier will

image text in transcribed
image text in transcribed
Mountain Rides manufactures snowboards. Its cost of making 1,900 bindings is as follows: Click the icon to view the costs.) Suppose an outside supplier will sell bindings to Mountain Rides for $16 each. Mountain Rides will pay $2.00 per unit to transport the bindings to its manufacturing plant, where it will add its own logo at a cost of $0.20 per binding Read the requirements Requirement 1. Mountain Rides' accountants predict that purchasing the bindings from the outside supplier will enable the company to avoid $2,400 of fixed overhead. Prepare an analysis to show whether the company should make or buy the bindings. (Entera o for any zero balances. Round any per unit amounts to the nearest cent and your final answers to the nearest whole dollar Use a minun sign or parentheses in the Diference column when the cost to make exceeds the cost to buy) Incremental Analysis Make Buy Outsource) Outsourcing Decision Bindings Bindings Difference Variable costs Plus: Fixed Costs Total cost of 1,900 bindings Data Table 1 17.500 3.000 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing costs Cost per pair ($30,780 + 1,000) 3230 7.050 $ 30.780 18.20 Print Done Mountain Rides manufactures snowboardsIts cost of making 1.900 bindings is as follows Click the icon to view the costs.) Suppose an outside supplier will sell bindings to Mountain Rides for 516 each. Mountain Rides will pay $2.00 per unit to transport the bindings to its manufacturing plant, where it will add its own logo at a cost of $0.20 per binding Read the requirements Requirement 1. Mountain Rides' accountants predict that purchasing the bindings from the outside supplier will enable the company to avoid $2,400 of fixed overhead. Prepare an analysis to show whether the company should make or buy the bindings. (Enter a for any zero balances. Round any per unit amounts to the nearest cent and your final answers to the nearest whole dollar. Use a minus sign or parentheses in the Difference column when the cost to make exceeds the cost to buy Incremental Analysis Make Buy (Outsource) Outsourcing Decision Bindings Bindings Difference Variable Costs Plus: Fixed Costs Total cost of 1,000 bindings Requirements 1. Mountain Rides' accountants predict that purchasing the bindings from the outside supplier will enable the company to avoid $2.400 of fored overhead. Prepare an analysis to show whether the company should make or buy the bindings 2. The facilities freed by purchasing bindings from the outside supplier can be used to manufacture another product that will contribute $2,600 to profit. Total foxed costs will be the same as if Mountain Rides had produced the bindings. Show which alternative makes the best use of Mountain Rides facilities: (a) make bindings. (b) buy bindings and leave facilities ide, or (c) buy bindings and make another product Print Done Print Done

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

Environmental Auditing Fundamentals And Techniques

Authors: J. Ladd Greeno

2nd Edition

091509410X, 978-0915094103

More Books

Students also viewed these Accounting questions