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assignmentsätak tor-assignment-takeBinprogress-false Show Me How Decision on Acc

ID: 2429565 • Letter: A

Question

assignmentsätak tor-assignment-takeBinprogress-false Show Me How Decision on Accepting Additional Business Brightstone Tire and Rubber Companry has capecity to produce 298,000 tires. Brightstone presently produces and sels 228,000 tires for the North Amerian market at a price of $93 per tire. Brightstone is evaluating a special order from a European automobile company, Furo Motors. Euro is offering to buy 35,00 ires for $79.35 per tire. Brightstone's accounting system indicates that the total cost per tire is as follows: Direct materials Direct labor Factory overhead (70% variable) Selling and administrative expenses (40% variable) 13 Beightstone pays a selia commission equal to 5% of the selig price on North American orders, which is included in the variable portion or the seling and adminitrative expenses. Howewer, this special order would not have a sales commission. I' the order was accepted, the tres wwuld be shioped overcens for an additional shipping cost of $5 per tire. In addition, Euro has made the order cenditional on recelving turopean that this certification would cost $171,500 safety certification. Brightstone estimates Alternative 2) the special order from Euro Motors.? an a. Prepare a differential analysis dated January 21 on whether to reject (Alternative 1) or accept amount is zero, enter zero "o. If required, round interien calculations to two decimal places. Differential Analysis Reject Onder (Alt. 1) or Accept Onder (AR 2 iflect Alternative 1) (At2) on Income (Atemmative 2) Check My Work 2 more Check My Work une remaring All woek saved FS FIO F11 F12 F8 Backspace 8 9 7 y U K L Enter HU

Explanation / Answer

Differential Analysis:

Reject Order

Accept Order

Differential Effect on Income

Revenue

21204,000

23981,250

2777,250

Costs:

Direct Material

7980,000

9205,000

(1225,000)

Direct Labor

2964,000

3419,000

(455,000)

Variable Factory Overhead

3351,600

3866,100

(514,500)

Variable Selling and Admin Exp

1732,800

1836,050

(103,250)

Shipping Cost

0

175,000

(175,000)

Certification Cost

0

171,500

(171,500)

Income (Loss)

5175,600

5308,600

133,000

Accept Order

b.Minimum Accpetable Price is when Profit = 0

That is, (2777,250-133,000)/35000 = $75.55

Working Notes:

Variable Factory overheads = 70% of 21 = 14.7 per Unit

Variable Selling and Admin exp = 40% of 19 = 7.6

Commission = 5% of 93 = 4.65

Hence, Relevant Variable Selling Exp for Export order = 7.6-4.65 = 2.95 per tire

Reject Order

Accept Order

Differential Effect on Income

Revenue

21204,000

23981,250

2777,250

Costs:

Direct Material

7980,000

9205,000

(1225,000)

Direct Labor

2964,000

3419,000

(455,000)

Variable Factory Overhead

3351,600

3866,100

(514,500)

Variable Selling and Admin Exp

1732,800

1836,050

(103,250)

Shipping Cost

0

175,000

(175,000)

Certification Cost

0

171,500

(171,500)

Income (Loss)

5175,600

5308,600

133,000