QUESTION #1: QUESTION #2: pt 2 of question 2:

QUESTION #3: QUESTION #4: QUESTION #5: THANKS!!

Wildhorse Fiber Company is the creator of Y-Go, a technology that weaves silver into its fabrics to kill bacteria and odor on clothing while managing heat. Y-Go has become very popular in undergarments for sports activities. Operating at capacity, the company can produce 1,048,000 Y-Go undergarments a year. The per unit and the total costs for an individual garment when the company operates at full capacity are as follows. Per Undergarment Total Direct materials $2,179,840 Direct labor $2.08 0.59 1.02 618,320 Variable manufacturing overhead 1,068,960 Fixed manufacturing overhead 1,519.600 Variable selling expenses 0.33 345,840 Totals $5.47 $5,732.560 The U.S. Army has approached Wildhorse Fiber and expressed an interest in purchasing 249,800 Y-Go undergarments for soldiers in extremely warm climates. The Army would pay the unit cost for direct materials, direct labor, and variable manufacturing overhead costs. In addition, the Army has agreed to pay an additional $1.10 per undergarment to cover all other costs and provide a profit. Presently, Wildhorse Fiber is operating at 70% capacity and does not have any other potential buyers for Y-Go. If Wildhorse Fiber accepts the Army's offer, it will not incur any variable selling expenses related to this order. Prepare an incremental analysis for the Wildhorse Fiber. (Enter negative amounts using either a negative sign preceding the numbereg.-45 or parentheses e.g. (45).) Reject Order Accept Order Net Income Increase (Decrease) Revenues Variable costs: Direct materials Direct labor Variable overhead Total variable costs - Net income Should Wildhorse Fiber accept the Army's offer? Wildhorse Fiber should the Army's offer. Cullumber, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a smartphone. The cost structure to manufacture 20,300 Tri-Robos is as follows. Cost Direct materials ($49 per robot) $994,700 Direct labor ($41 per robot) 832,300 Variable overhead ($5 per robot) Allocated fixed overhead ($30 per robot) 101,500 609,000 $2,537,500 Total Cullumber is approached by Tienh Inc., which offers to make Tri-Robo for $114 per unit or $2,314,200. Following are independent assumptions. (21) Assume that $405,000 of the fixed overhead cost can be avoided. (Enter negative amounts using either a negative sign preceding the number eg 45 or parentheses eg. (45). Net Income Increase Decrease) Make Buy Direct materials $ Direct labor Variable overhead Fixed overhead Purchase price Total annual cost $ Using incremental analysis, determine whether Cullumber should accept this offer. The offer Net Income Increase (Decrease) Make Direct materials Direct labor Variable overhead Fixed overhead Opportunity cost Purchase price Totals Based on the above assumptions, indicate whether the offer should be accepted or rejected? The offer Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Spock, Uhura, and Sulu. Each of these products can be sold as is, or each can be processed further and sold for a higher price. The company incurs joint costs of $180,100 to process one batch of the raw material that produces the three joint products. The following cost and sales information is available for one batch of each product. Spock Uhura Sulu Sales Value at Split-Off Point $210,800 301,000 454,400 Allocated Joint Costs $39.700 59,800 80,600 Cost to Process Further $110.900 85.200 250.800 Sales Value of Processed Product $299.100 399.100 799,800 Determine the incremental profit or loss that each of the three joint products. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Spock Uhura Sulu Incremental profit (loss) $ Indicate whether each of the three joint products should be sold as is, or processed further. Spock Uhura Sulu Ivanhoe Enterprises uses a computer to handle its sales invoices. Lately, business has been so 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. Current Machine New Machine $25.300 Original purchase cost $14,600 Accumulated depreciation $6.100 $24,700 Estimated annual operating costs $19,800 5 years Remaining useful life 5 years If sold now, the current machine would have a salvage value of $11,500. 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 negative amounts. In the third column, enter net income increases as positive amounts and decreases as negative amounts. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Retain Machine Replace Machine Net Income Increase (Decrease) Operating costs New machine cost Salvage value (old) Total The current machine should be Ivanhoe Company makes three models of tasers. Information on the three products is given below. Sales Variable expenses Contribution margin Fixed expenses Net income Tingler $296,000 151.100 144.900 116,616 $28.284 Shocker Stunner $504,000 $200,000 203.300 138,600 300,700 61,400 228,184 93,900 $72,516 $(32,500) Fixed expenses consist of $296,000 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). $79,000 (Shocker), and $34,700 (Stunner). The common costs will be incurred regardless 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 Ivanhoe Company. Net income $ Compute net income by product line and in total for Ivanhoe Company if the company discontinues the Stunner product line. (Hint: Allocate the $296,000 common costs to the two remaining product lines based on their relative sales. Tingler Net Income $ Shocker Net Income $ Total Net Income Should Ivanhoe eliminate the Stunner product line? Why or why not? Net income would from $