Question 1 1 pts When a firm is operating such that there is adequate excess capacity to fulfill the special order without sacrifice of external sales, the minimum acceptable order price for a special order is: o the fixed costs of the sales the marginal and fixed costs of the sales the marginal (variable) costs of those sales and the opportunity cost of forgone sales o the marginal (variable) costs of those salesQuestion 2 When a rm is operating at capacity, the minimum acceptable order price for a special order is: - - the xed costs of those sales - - the marginal and xed costs of those sales - - the marginal (variable) costs of those sales - - the marginal (variable) costs of those sales and the opportunity cost of the forgone sales Question 3 2 pts This month, Alex approached Frankie and Jo's with a proposal to buy 2,000 pints of ice cream for $10 each. The regular sales price of pints of ice cream is $13. Frankie and Jo's is able to produce up to 12,000 pints of ice cream per month. Frankie and Jo's has the following costs for their normal monthly production and sale of 10,000 pints: Direct Materials / pint $5.00 Direct Labor / pint $2.00 Variable MOH / pint $1.1.00 Fixed MOH / pint $1.65 What is the minimum acceptable price per unit Frankie and Jo's would accept from Alex?Question 4 Zoie Co. produces and sells one product. The cost of producing and selling a single unit of this product at the company's normal activity level level of 5,000 units per month is: Direct Materials 4.7 Direct Labor 3.9 Variable MOH 1.9 Fixed MOH 4 Variable Selling & Admin. Expense 6.5 Fixed Selling & Admin. Expense 3.4 The normal selling price is $55 per unit and the company's capacity is 7,000 units per month. The company has 500 units leftoverfrom last month that need to be sold at a reduced p rice. What is the relevant unit cost {in dollars) for determining the a minimum selling price for the 500 leftover units? 2 pts Question 5 2 pts Zoie Co. produces and sells one product. The cost of producing and selling a single unit of this product at the company's normal activity level level of 5,000 units per month is: Direct Materials 7 Direct Labor Variable MOH Fixed MOH Variable Selling 8; Admin. Expense U1U1LIJN'4 Fixed Selling & Admin. Expense The normal selling price is $55 per unit and the company's capacity is 7,000 units per month. An order has been requested from for 2,000 units at a discounted price of $48 per unit. This order would not affect regular sales. The special order sales will incurthe same variable selling & administrative expenses as regular sales. If the order is accepted. by how much will it increase or decrease the company's monthly prots? Enter a decrease in prots as a negative number. Question 6 2 pts Peach Company makes 3 products in a single facility. The products have the following unit costs: Products Direct Materials Direct Labor Variable MOH Fixed MOH The following additional information is known about each product: Products Packaging Minutes per unit Selling Price per unit Variable selling costs per unit Monthly demand in units The packaging machines are a potential constraint in the production facility. Atotal of 12,000 minutes are available each month on the machines. How many minutes of packaging time would be required to satisfy demand for all three products? Question 7 2 pts Peach Company makes 3 products in a single facility. The products have the following unit costs: Products Direct Materials Direct Labor Variable MOH Fixed MOH The following additional information is known about each product: Products Packaging Minutes per unit Selling Price per unit Variable selling costs per unit Monthly demand in units The packaging machines are a potential constraint in the production facility. Atotal of 12,000 minutes are available each month on the machines. What is the contribution margin per minute of product B? Round your answer to 1 d.p. Question 8 2 pts Peach Company makes 3 products in a single facility. The products have the following unit costs: Products Direct Materials Direct Labor Variable MOH Fixed MOH The following additional information is known about each product: Products Packaging Minutes per unit Selling Price per unit Variable selling costs per unit Monthly demand in units The packaging machines are a potential constraint in the production facility. A total of 20,000 minutes are available each month on the machines. Rank the products in terms of protability. where 1 is the most protable and 3 is the least protable. Product B: [Select] 1} Produc. '5' [Select] a Question 9 2 pts Peach Company makes 3 products in a single facility. The products have the following unit costs: Products Direct Materials Direct Labor Variable MOH Fixed MOH The following additional information is known about each product: Products Packaging Minutes per unit Selling Price per unit Variable selling costs per unit Monthly demand in units The packaging machines are a potential constraint in the production facility. Atotal of 20.000 minutes are available each month on the machines. What is the optimal production level in units for each product and how much should the company be willing spend for one additional hour of packaging time if the company has made best use of the existing packaging machine capacity? Round your answer down to the nearest whole unit. Product A: Product B: Product C: Round your answer to 2 d.p. {$1000 Price for additional machine minute: Question 10 1 pts When making sell or process further decisions, allocated joint processing costs should not be a determining factoring of the decision and are thus ignored. -\"- True -\"- False Question 11 1 pts Select all that apply. Joint processing costs are: H very important when determining whether to sell or process further H considered a sunk cost in sell or process further decisions H relevant in sell or process further decisions e not relevant in sell or process further decisions o shared costs of joint products that are incurred until the split-off point Question 12 2 pts Zoie makes 2 products from a common input. Each product may be sold at the split- off point or processed further. The following is known about each product. Product 1 Product 2 Allocated Joint processing 10800 13800 costs Sales value at split-off point 19500 23200 Costs of further processing 19400 10100 Sales value after further _ 49900 42300 processing What is the net monetary advantage {disadvantage} of processing Product 1 beyond the split-off point? Enter negative answers as follows: -x,xxx Question 13 2 pts Zoie makes 2 products from a common input. Each product may be sold at the split-off point or processed further. The following is known about each product: Product 1 Product 2 Allocated j0|nt processing 24900 14100 costs Sales value at split-off point 24400 28400 Costs of further processing 16600 19800 Sales value after further 40700 46300 processing What is the minimum amount the company should accept if Product 1 is sold at the split- off point? Question 14 1 pts If a company has no excess capacity and all variable costs of a s ecial order are the same as variable costs for a regular sale, t V' I Select ] accept special orders for less than regular price