Solve the following questions correctly.
Kramer Company makes 4,500 units per year of a part called an axial tap for use in one of its products. Data concerning the unit production costs of the axial tap follow: Direct materials $ 40 Direct labor 15 Variable manufacturing overhead 13 Fixed manufacturing overhead 20 Total manufacturing cost per unit $ 88 An outside supplier has offered to sell Kramer Company all of the axial taps it requires. If Kramer Company decided to discontinue making the axial taps, 40% of the above fixed manufacturing overhead costs could be avoided. Assume that direct labor is a variable cost. Required: a1. Assume Kramer Company has no alternative use for the facilities presently devoted to production of the axial taps. If the outside supplier offers to sell the axial taps for $85 each, calculate the total cost for making the axial taps. Total cost $ a2. Should Kramer Company accept the offer? O Yes O No b. Assume that Kramer Company could use the facilities presently devoted to production of the axial taps to expand production of another product that would yield an additional contribution margin of $90,000 annually. What is the maximum price Kramer Company should be willing to pay the outside supplier for axial taps? Maximum acceptable price $Solve the differential equation initial value problem and determine the domain for the Solution. Graph the solution and explain whether the WP ha5 a unique solution or not. Please Show all work. Thanks! (dyfdt) = (t2) (ya l mm = 1 6. The followings are the components of financial statement EXCEPT: A. Statement of Financial Position as at the end of the period B. Summary of significant policies and other explanatory information C. Prospectus that provides details about an investment offering for sale to the public D. Comparative information as specified in the Standards 7. Which of the following is FALSE about the statutory regulations/body and the applications of the regulations on the entity? Statetory Regulation: Body The applications on the catity A. Security Commission All public companies - listed and unlisted B. Companies Act 2016 Private company, unlisted public company and listed public company C. The Audit Overnight Board All registered business D. Bursa Malaysia Berhad Only companies listed on Bursa Malaysia Exchange 8. The contents of the Financial Reporting section in a company's annual report must comply with: A. Bursa Malaysia Listing Requirements B. Companies Act 2016 c. Income Tax Act 1967 D. All of the above 9. Information about accounting policies adopted in the preparation of financial statement is included in the: A. Mission statement B. Notes to the Financial Statements C. Statement of Cash Flow D. Statement of Changes in Equity 10. Financial statements include the followings EXCEPT: A. Director's Report B. Statement of Profit or Loss and Other Comprehensive Income c. Statement of Financial Position D. Notes to the financial statementsAssume there are two firms in an industry with similar emissions but different Marginal Abatement Costs (MACs). The MAC for firm 1 is MAC, -100 - 10E and the MAC for firm 2 is MAC2= 50- 10E. where E the quantity of emissions. a) IfMD =30E, where MD = Marginal Damage and E = Emission, compute the socially efficient equilibrium for each firm. (5 marks) b) Now graph each MAC and draw the aggregate (industry) MAC. Assume MD is still MD = 30E, compute the socially efficient equilibrium for the industry. (5 marks) c) Suppose the government sets the pollution level for the industry at 4 units, calculate the net social cost of the policy
