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So I need someone to solve this question. First photo is all you need to know to solve this problem and whats required to solve.

So I need someone to solve this question. First photo is all you need to know to solve this problem and whats required to solve. 2nd picture is the empty chart where you got to fill every spot with all the calculation of this problem. PLEASE ANSWER ALL THE QUESTIONS and fill every blank that I have in the second picture. To check the results in the first picture it gives 2 answers and they must match your operating income otherwise its wrong. PLEASE HELP ME! THANKS. NEED IT ASAP. image text in transcribed
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Jones Products manufactures and sells to wholesalers approximately 400,000 packages per year of under- abie markers at $6 per package. Annual costs for the production and sale of this quantity are shown in the Problem 10-1A Analysis of income effects of additional business A1 P1 $576,000 Direct materials Direct labor .. Overhead.. Selling expenses Administrative expenses Total costs and expenses..$1.290,000 44,000 320,000 150,000 100,000 mhhe.com/wildMA4e under the wholesaler's name and would not affect Jones Products' sales through its normal channels. A study of the costs of this additional business reveals the following: A new wholesaler has offered to buy 50,000 packages for $5.20 each. These markers would be marketed Direct materials costs are 100% variable. Per unit direct labor costs for the additional units would be 50% higher than normal because their pro- duction would require overtime pay at one-and-one-half times the usual labor rate. . 25% of the normal annual overhead costs are fixed at any production level from 350,000 to 500,000 units. The remaining 75% of the annual overhead cost is variable with volume. Accepting the new business would involve no additional selling expenses. .Accepting the new business would increase administrative expenses by a $5,000 fixed amount. Required Prepare a three-column comparative income statement that shows the following: 1. Annual operating income without the special order (column 1). 2. Annual operating income received from the new business only (column 2) 3. Combined annual operating income from normal business and the new business (column 3). Check Operating income: 1)$1,110,000 2) $126,000 JONES PRODUCTS Comparative Income Statements Normal Volume New Business Combined Sales Costs and expenses: Direct materials Direct labor Overhead Selling expenses Administrative expenses Total costs and expenses Operating income Supporting Computations Normal direct materials cost Units of output Cost per unit New business volume New business direct materials cost Normal direct labor cost Units of output Cost per unit Overtime per unit New business direct labor cost per unit New business volume New business direct labor cost Total overhead Fixed overhead Variable overhead Units of output Cost per unit New business volume New business variable overhead cost

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