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Anna Garden recently opened her own basketweaving studio. She sells finished baskets in addition to selling the raw materials needed by customers to weave baskets of their own. Unfortunately, owing to space limitations, Anna is unable to carry all varicties of kits originally assembled and must choose between two basic packages. The Basic Kit includes undyed, uncut reeds (with dye included) for weaving one basket. This basic package costs Anna $8 and sells for \$20. The second kit, called Stage 2, includes cut reeds that have already been dyed. With this kit the customer need only soak the reeds and weave the basket. Anna produces the Stage 2 kit by using the materials included in the Basic Kit. Because she is more efficient at cutting and dying reeds than her average customer. Anna is able to produce two Stage 2 kits in one hour from one Basic Kit. (She values her time at $18 per hour.) The Stage 2 kit sells for $28. (a1) Prepare an incremental analysis for the Anna's basketweaving studio. (Enter negative amounts using either a negative sign preceding the number es -45 or parentheses es. (45).) Prepare an incremental analysis for the Anna's basketweaving studio. (Enter negative amounts using elther a negative sign precedi) the number eg, -45 or parentheseses. (45).) eTextbook and Media Attempts: 0 of 3 used (a) The parts of this question must be completed in order. This part will be available when you complete the part above Current Attempt in Progress Johnson Enterprises uses a computer to handle its sales invoices. Lately, business has been 50 good that it takes an extra 3 hours per night, plus every third Saturday, to keep up with the volume of sales invoices. Management is considering updating its computer with a faster model that would eliminate all of the overtime processing. It sold now, the current machine would have a salvage value of $11,000. If operated for the remainder of its useful life, the current machine would have zero salvage value. The new machine is expected to have zero salvage value after 5 years. Prepare an incremental analysis to determine whether the current machine should be replaced. (In the first two columns, enter costs and expenses as positive amounts, and any amounts received as nesative amounts. In the third column, enter net income increases as posithe amounts and decreoses as negative amounts. Enter negative amounts using either a negative sign preceding the number eg 4 45 or parentheses eg. (45).) If sold now, the current machine would have a salvage value of $11,000. If operated for the remainder of its useful life, the current machine would have zero salvage value. The new machine is expected to have zero salvage value after 5 years. Prepare an incremental analysis to determine whether the current machine should be replaced. (In the first two columns, enter costs and expenses as positive amounts, and any omounts received as negative amounts. In the third column, enter net income increases as positive amounts and decreoses as negative amounts. Enter negative amounts using either a negotive sign preceding the number eg. -45 or parentheses eg. (45).) The current machine should be Cawley Company makes three models of tasers. Information on the three products is given be/qw. Fixed expenses consist of $306,000 of common costs allocated to the three products based on relative sales, as well as direct fixed expenses unique to each model of $29,000 (Tingler), $79,400 (Shocker), and $34,700 (Stunner). The common costs will be incurred regardiess of how many models are produced. The direct fixed expenses would be eliminated if that model is phased out. James Watt, an executive with the company, feels the Stunner line should be discontinued to increase the company's net income. (a) Compute current net income for Cawley Company. Netincome $ Compute net income by product line and in total for Cawley Company if the company discontinues the Stunner product line. (Hint Allocate the $306,000 common costs to the two remaining product lines based on their relative sales.) Tingler Net Income Shocker Net Income Total Net Income (c) Should Cawley eliminate the Stunner product line? Why or why not? Net income would froms tos ThreePoint Sports Inc manufactures basketballs for the Women's National Basketball Association (WNBA). For the first 6 months of 2020, the company reported the following operating results while operating at 80% of plant capacity and producing 120,300 units. Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $243,000. In July, normally a slack manufacturing month, ThreePoint Sports receives a special order for 10,000 basketballs at $29 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable selling and administrative expenses $0.73 perns unit because of shipping costs but would not increase fixed costs and expenses. (a) 8(b) (a) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimol places, es. 15.25. Enter negotive amounts using elther a negotive sign preceding the number es: 45 or parentheses es. (45) (a) Prepare an incremental analysis for the special order. (Round all per unit computations to 2 decimal ploces, eg. 15.25. Enter negative amounts using either a negative sign preceding the number eg. -45 or porentheses eg. (45).) (b) Should ThreePoint Sports inc. accept the special order? eTextbook and Media Attempts: 0 of 3 used (c) The parts of this question must be completed in order. This part will be available when you conplete the part above