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Contribution from special order

July 20, 2021 in /by

Monty, Finland’s second largest homebuilder, has approached Wilson with an offer to buy 75,000 windows during the coming year. Given the size of the order, Monty has requested a 40% volume discount on Wilson’s normal selling price. Calculate the contribution from special order. (If net contribution is negative, enter amount with a negative sign, e.g. […]

Whispering Winds Company

July 20, 2021 in /by

Whispering Winds Company is a leading manufacturer of sunglasses.One of Whispering Winds’s products protects the eyes from ultraviolet rays. An upscale sporting goods store has contacted Whispering Winds about purchasing 29,900 pairs of these sunglasses. Whispering Winds’s unit manufacturing cost, based on a full capacity of 254,000 units, is as follows: Direct materials $7Direct labor […]

Finance question

July 20, 2021 in /by

The Bridgeport Company manufactures 5,900 units of a part that couldbe purchased from an outside supplier for $16 each. Bridgeport’s costs to manufacture each part are as follows: Direct materials$4Direct labor 3Variable manufacturing overhead 6Fixed manufacturing overhead 10Total $23 All fixed overhead is unavoidable and is allocated based on direct labor. The facilities that are […]

Accounting questions

July 20, 2021 in /by

CullumberMedical manufactures hospital beds and other institutionalfurniture. The company’s comparative balance sheet and income statement for 2019 and 2020 follow. Cullumber MedicalComparative Balance SheetAs of December 3120202019AssetsCurrent assets Cash$400,000$417,500 Accounts receivable, net1,056,000776,400 Inventory721,000681,050 Other current assets381,300247,050Total current assets2,558,3002,122,000Property, plant, & equipment, net8,710,2358,439,930 Total assets$11,268,535$10,561,930Liabilities and Stockholders’ EquityCurrent liabilities$3,208,000$2,846,000Long-term debt3,702,7003,892,650 Total liabilities6,910,7006,738,650Preferred stock, $5 par value59,00058,900Common […]