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The MNK Company has gathered the following information for a unit of its most po

ID: 2463173 • Letter: T

Question

The MNK Company has gathered the following information for a unit of its most popular product: Direct materials $ 8.20 Direct labor 4.10 Overhead (40% variable) 6.10 Cost of manufacture 18.40 Desired markup (50%) 9.20 Target selling price 27.60 The above cost information is based on 4,000 units. A foreign distributor has offered to buy 1,000 units at a price of $22.60 per unit. This special order would not disturb regular sales. Variable shipping and other selling expenses would be an additional $2.10 per unit for the special order. If the special order is accepted, MNK's operating profits will increase by: 4200 2100 3360 5760 7860

Explanation / Answer

Regual Sales

Export Sales with Local Sales

Particulars

Amount

Regular

Export

Total

Net Increase

Sales Units

           4,000.00

           4,000.00

           1,000.00

Sales Price

                 27.60

                 27.60

                 22.60

Less : Variable Cost

                        -  

Direct Material

8.20

                        -  

Direct Labor

4.10

                        -  

OH(40% of 6.10)

2.44

                        -  

Total Variable Cost per Unit

                 14.74

                 14.74

                 14.74

Contribution Per unit

                 12.86

                 12.86

                    7.86

Total Contribution

         51,440.00

         51,440.00

           7,860.00

         59,300.00

           7,860.00

Less : Fixed Cost

                        -  

OH(60% of 6.10)

3.66

         14,640.00

         14,640.00

         14,640.00

Net Operating Income

         36,800.00

         36,800.00

           7,860.00

         44,660.00

           7,860.00

Option D is correct

Regual Sales

Export Sales with Local Sales

Particulars

Amount

Regular

Export

Total

Net Increase

Sales Units

           4,000.00

           4,000.00

           1,000.00

Sales Price

                 27.60

                 27.60

                 22.60

Less : Variable Cost

                        -  

Direct Material

8.20

                        -  

Direct Labor

4.10

                        -  

OH(40% of 6.10)

2.44

                        -  

Total Variable Cost per Unit

                 14.74

                 14.74

                 14.74

Contribution Per unit

                 12.86

                 12.86

                    7.86

Total Contribution

         51,440.00

         51,440.00

           7,860.00

         59,300.00

           7,860.00

Less : Fixed Cost

                        -  

OH(60% of 6.10)

3.66

         14,640.00

         14,640.00

         14,640.00

Net Operating Income

         36,800.00

         36,800.00

           7,860.00

         44,660.00

           7,860.00

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