Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE ANSWER IN EXCEL FORM WITH EXACT CELL FORMULAS USED TO SOLVE EACH OF THE YELLOW BOXES. K-Too Everwear Corporation can manufacture mountain climbing shoes

PLEASE ANSWER IN EXCEL FORM WITH EXACT CELL FORMULAS USED TO SOLVE EACH OF THE YELLOW BOXES.

image text in transcribedimage text in transcribed

K-Too Everwear Corporation can manufacture mountain climbing shoes for $35.85 per pair in variable raw material costs and $26.45 per pair in variable labor expensse. The shoes sell for $165 per pair. Last year, production was 145,000 pairs. Fixed costs were $1,750,000. What were total production costs? What is the marginal cost per pair? What is the average cost? If the company is considering a one-time order for an extra 5,000 pairs, what is the minimum acceptable total revenue from the order? Variable material cost 35.85 Variable labor cost 26.45 Sales price $ 165.00 Production 145,000 $ 1,750,000 Fixed costs Extra order 5,000 Complete the following analysis. Do not hard code values in your calculations. A A A Complete the following analysis. Do not hard code values in your calculations. Total costs Marginal cost Average cost Minimum acceptable revenue

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

A Full Guide To Bitcoin Investment

Authors: J.b. Yupangco

1st Edition

8389911302, 978-8389911308

More Books

Students also viewed these Finance questions