Name: EXERCISE 9-6 (a) (1) Decision Net


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Hi, I am having trouble with my accounting 301 week 5 homework. Attached is the questions and I have also attached the excel worksheet where the answers go. Thanks in advance Copy of Week 5 Assignment Template.xlsx Name: EXERCISE 9-6 (a) (1) Decision Net Income Increase (Decrease) Total annual cost $0 $0 0 0 0 0 $0 $0 0 0 0 0 0 $0 $0 Direct materials Direct labor Variable overhead Fixed overhead Purchase price T otal annual cost Make Buy Direct materials Direct labor Variable overhead Fixed overhead Opportunity cost Purchase price T otals Accept Offer ?? Yes or No (2) Decision Net Income Increase (Decrease) Totals $0 $0 Accept Offer ?? Yes or No (b) Qualitative Factors: EXERCISE 9-11 Decision Machine T otal Net Income Increase (Decrease) Machine $0 $0 0 0 $0 $0 Operating costs New machine cost Salvage value (old) T otal 5 year period Retain Replace Replace ? Why ? PROBLEM 9-1A (a) Decision Order Revenues ($10,000 X $28) Cost of goods sold Selling and administrative expenses Net Income Net Income Increase (Decrease) $0 0 0 Order (1) (2) $0 $0 Revenues Reject ($10,000 X Cost of goods Accept $28) sold Selling and administrative e et income Nxpenses $0 (1) (2) (b) Accept ? Why? (c) Unit Selling Price (d) Non-Financial Factors PROBLEM 9-5A Division (a) Total variable expenses Contribution margin (b) 0 0 (1) 0 0 Net Income Increase (Decrease) Decision Division I $0 ( Fixed costs Total fixed expenses $0 (2) $0 0 0 0 $0 Sales Variabl e costs Selling Cnd a OGS Total admini variabl Contrib strative e ution expens margin es Division I Division II Contribution margin (above) Fixed costs Cost of goods sold Selling and administrative Total fixed expenses Income (loss) from operations Continue Eliminate Division I Division II Net Income Increase (Decrease) Decision Division II $0 ( Fixed costs Total fixed expenses Income (loss) from operations $0 $0 $0 $0 $0 $0 $0 $0 Should Division I be eliminated ??? Should Division II be eliminated ??? (c) LEWIS MANUFACTURING COMPANY CVP Income Statement For the Quarter Ended March 31, 2008 Divisions Total Sales Variable costs Cost of goods sold Selling and Admin T otal variable costs Contribution margin Fixed costs Cost of goods sold (1) Selling and Admin (2) T otal fixed costs $0 0 0 0 0 0 Show work: (1) (2) 0 0 0 0 0 $0 Income (loss) from Operations (d) 0 0 0 0 0 0 $0 $0 $0 Sales Variable costs Cost of goods sold Selling and Admin T otal variable costs Contribution margin Fixed costs Cost of goods sold (1) Selling and Admin (2) T otal fixed costs I III IV Total Read more

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