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no need to explain Question 32 2 pts Jaybird Company operates in a highly competitive market where the market price for its product is $50

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Question 32 2 pts Jaybird Company operates in a highly competitive market where the market price for its product is $50 per unit. Jaybird desires a $15 profit per unit. Jaybird expects to sell 5,000 units. Additional information is as follows: Variable product cost per unit Variable administrative cost per unit Total fixed overhead Total fixed administrative $ 15 10 45,000 18,000 To achieve the target cost per unit. Jaybird must reduce total expenses by how much? $23,000 $3,500 $13.000 $20,000 $14,500 MacBook 80 F3 DOO 000 DU FB FO F F1 F2 F5 F4 A $ % & @ 2 # 3 4 5 6 7 8 U Question 33 2 pts Cornish Company had the following results of operations for the past year. $ 440,000 Sales (20,000 units at $22) Direct materials and direct labor Overhead (40% variable) Selling and administrative expenses (all fixed) Operating income $ 200,000 100,000 92.000 (392,000) $ 48,000 A foreign company offers to buy 3.000 units at $17.00 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by $500 and selling and administrative costs by $1,000. If Cornish accepts the offer, its profits will: Increase by $15,000 Increase by $13,500. Decrease by $4,500 Increase by $4,500 Decrease by $300 MacBook 80 F3 DU DOO DOO FG 09 97 F2 % A # 3 $ 4 & 7 2 5 6 8

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