Answered step by step
Verified Expert Solution
Question
1 Approved Answer
X Requirements 1. Prepare an incremental analysis to determine whether Star-Cardz should accept the special sales order assuming fixed costs would not be affected by
X Requirements 1. Prepare an incremental analysis to determine whether Star-Cardz should accept the special sales order assuming fixed costs would not be affected by the special order. 2. Now assume that the Hall of Fame wants special hologram hockey cards. Star-Cardz must spend $1,900 to develop this hologram, which will be useless after the special order is completed. Should Star-Cardz accept the special order under these circumstances? Show your analysis. Print Done3. Determine the total manufacturing overhead allocated to Falmouth's manufacturing jobs, assuming that Falmouth actually ran the machines 46,150 hours. (Round your answer to the nearest whole dollar.) O Question 8 Enter the formula and compute the total manufacturing overhead allocated to Falmouth's manufacturing jobs if 46,150 of machine hours were actually used. Manufacturing O Question 9 overhead allocated O Question 10 4. Briefly explain what you have learned about the total manufacturing overhead allocated to production. The total amount of manufacturing overhead allocated during the year is dependent upon two factors: O Question 11 As a result, a company could either overallocate or underallocate manufacturing overhead depending onSuppose the Hockey Hall of Fame in Toronto has approached Star-Cardz with a special order. The Hall of Fame wants to purchase 63,000 hockey card packs for a special promotional campaign Question list K and offers $0.33 per pack, a total of $20,790. Star-Cardz's total production cost is $0.51 per pack, as follows: (Click the icon to view the cost information.) Star-Cardz has enough excess capacity to handle the special order. O Question 5 Requirements O Question 6 Requirement 1. Prepare an incremental analysis to determine whether Star-Cardz should accept the special sales order assuming fixed costs would not be affected by the special order. (Use parentheses or a minus sign to enter a decrease in operating income.) O Question 7 Star-Cardz Incremental Analysis of Special Sales Order O Question 8 Expected increase in revenues Expected increase in expenses: Variable manufacturing costs O Question 9 Fixed manufacturing costs Total expected increase in expenses O Question 10 Expected increase (decrease) in operating income Star-Cardz should the special sales order because the operating income is expected toFalmouth Aquatics manufactures swimming pool equipment. Falmouth estimates the following manufacturing overhead rates using different independent situations: Question list K (Click the icon to view the rates.) Determine the total manufacturing overhead allocated to Falmouth's manufacturing jobs in the following independent situations: 1. Assume that Falmouth actually used 50,800 direct labour hours. O Question 5 2. Assume that Falmouth actually incurred $1,000,000 of direct labour cost. 3. Assume that Falmouth actually ran the machines 46,150 hours. 4. Briefly explain what you have learned about the total manufacturing overhead allocated to production. O Question 6 1. Determine the total manufacturing overhead allocated to Falmouth's manufacturing jobs, assuming that Falmouth actually used 50,800 direct labour hours. (Round your answer to the nearest O Question 7 whole dollar.) Enter the formula and compute the total manufacturing overhead allocated to Falmouth's manufacturing jobs if 50,800 direct labour hours were actually used. Manufacturing O Question 8 overhead allocated O Question 9 2. Determine the total manufacturing overhead allocated to Falmouth's manufacturing jobs, assuming that Falmouth actually incurred $1,000,000 of direct labour cost. Enter the formula and compute the total manufacturing overhead allocated to Falmouth's manufacturing jobs if $1,000,000 of direct labour was actually incurred. (Enter percentages as a whole percentage.) O Question 10 Manufacturing overhead allocated O Question 11X Cost information Variable costs: Direct materials S 0.14 Direct labour 0.05 Variable overhead 0.11 Fixed overhead 0.21 $ 0.51 Total cost Print DoneRequirement 2. Now assume that the Hall of Fame wants special hologram hockey cards. Star-Cardz must spend $1,900 to develop this hologram, which will be useless after the special order is completed. Prepare an incremental analysis to determine whether Star-Cardz should accept the special order under these circumstances. (Use parentheses or a minus sign to enter a decrease O Question 7 in operating income.) Star-Cardz O Question 8 Incremental Analysis of Special Sales Order Expected increase in revenues Expected increase in expenses: O Question 9 Variable manufacturing costs Fixed manufacturing costs O Question 10 Total expected increase in expenses Expected increase (decrease) in operating income O Question 11 Star-Cardz should the special sales order under these circumstances because the operating income is expected toX Data table Estimated manufacturing Estimated quantity Predetermined overhead costs of allocation base overhead rate Direct labour hours 2,200,000 46,800 $ 47 per DL hour Direct labour dollars 2,200,000 S 980,000 224% of DL cost Machine hours 2,200,000 39,400 $ 56 per MH Print Done
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started