Presley produces three products from a joint process. The joint process has total costs of $500,000 per month. All three products, 1, 2, 3, are immediately saleable as they come out of the joint process. Alternatively, any of the products could continue on with additional processing and be sold as a more complete product. The following information is available: Units Immediate Sales Price Later Sales Prices Unit cost of Further Processing 1 5,000 $15 $20 $6 2 17,500 $20 $25 $4 3 10,000 $25 $32 $3 Note whether each product should be sold immediately or sold after processing further. - 1 - 2 - 3 1. sell after processing further 2. sell immediately Spears is considering closing store no. 16 due to their recent financial performance: Sales $205,000 Cost of sales $67,900 Furnishings & equipment $20,000 Building occupancy costs: Transportation cost $2,800 Rent Expense 36,500 Parking revenue $2,000 Utilities Expense 15,000 Supplies Expense 5,600 Hourly wages 57,700 Managers salary $27,000 Allocated corporate overhead 16,800 All employees except the store manager would be let go. The manager would be transferred to another store. All furnishings & equipment are fully depreciated & would be transported to a warehouse at a cost of $2,800. The parking lot generates $2,000 event parking revenue during game season. Note (R) relevant or (N) not relevant. - Sales - Cost of Sales - Rent Expense - Utilities Expense - Supplies Expense - Manager's Salary - Hourly wages - Allocated corporate overhead - Furnishings & equipment - Transportation cost - Parking revenue A. Relevant B. Not Relevant Part JT is used in one of Timberlake's products. The company's Accounting Department reports the following costs of producing the 12,000 units of the part that are needed every year. Direct Materials $4.07 Direct labor $1.02 Variable overhead $2.67 Supervisor's salary $3.74 Depreciation of special equipment $2.07 Allocated general overhead $1.69 An outside supplier has offered to make the part and sell it to the company for $14.38 each. If this offer is accepted, the supervisor's salary and all of the variable costs, including direct labor, can be avoided. The special equipment used to make the part was purchased many years ago and has no salvage value or other use. The allocated general overhead represents fixed costs of the entire company. If the outside supplier's offer were accepted, only $5504 of these allocated general overhead costs would be avoided. What is the relevant TOTAL cost (NOT per unit) to make the part? Round only your final answer to the nearest dollar and enter as a positive number (no sign). Do not round intermediate calcuations. After reviewing financial reports of her company's daycare service, Camila determines it should be closed due to a loss. Revenues $120791 Variable costs $47449 Traceable (avoidable) fixed costs $70856 Allocated corporate overhead $45814 What amount if any should she ignore? State costs as negative, revenue as positive. Costner produces two product lines. Prices/costs per unit follow. "W" "H" Selling price $60 $45 Direct material $16 $12 Direct labor ($20/hour) $15 $10 Variable overhead $12 $8 Demand for "W" is 209 units and "H"is 341 units Costner has only 175 labor hours available Given the constrained resource, what is the maximum contribution margin the company can attain if it uses the optimal sales mix? Round only your final answer to the nearest dollar. Hint: Consider the financial result if the company follows your recommendations on which line to produce first and how many they would be able to produce of the other product