Calla company produces skateboards that sell for $55 per unit. the company currently has the capacity to produce 95,000 skateboards per year, but is selling 82,000 skateboards per year. annual costs for 82,000 skateboards follow. direct materials $ 836,400direct labor 598,600 overhead 957,000 selling expenses 555,000 administrative expenses 474,000 total costs and expenses $ 3,421,000 a new retail store has offered to buy 13,000 of its skateboards for $50 per unit. the store is in a different market from calla's regular customers and would not affect regular sales. a study of its costs in anticipation of this additional business reveals the following: direct materials and direct labor are 100% variable. 50 percent of overhead is fixed at any production level from 82,000 units to 95,000 units; the remaining 50% of annual overhead costs are variable with respect to volume. selling expenses are 70% variable with respect to number of units sold, and the other 30% of selling expenses are fixed. there will be an additional $1.20 per unit selling expense for this order. administrative expenses would increase by a $880 fixed amount. a. annual income without the special order. b. annual income from the special order c. combined annual income from normal business and the new business.

Post test question number 9 for entering the job market

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration

The starr theater, owned by meg vargo, will begin operations in march. the starr will be unique in that it will show only triple features of sequential theme movies. as of march 1, the ledger of starr showed: cash $3,150, land $22,000, buildings (concession stand, projection room, ticket booth, and screen) $10,000, equipment $10,000, accounts payable $7,300, and owner’s capital $37,850. during the month of march, the following events and transactions occurred.mar. 2 rented the three indiana jones movies to be shown for the first 3 weeks of march. the film rental was $3,600; $1,600 was paid in cash and $2,000 will be paid on march 10.3 ordered the lord of the rings movies to be shown the last 10 days of march. it will cost $200 per night.9 received $4,500 cash from admissions.10 paid balance due on indiana jones movies rental and $2,200 on march 1 accounts payable.11 starr theater contracted with adam ladd to operate the concession stand. ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.12 paid advertising expenses $900.20 received $5,100 cash from customers for admissions.20 received the lord of the rings movies and paid the rental fee of $2,000.31 paid salaries of $2,900.31 received statement from adam ladd showing gross receipts from concessions of $6,000 and the balance due to starr theater of $900 ($6,000 × 15%) for march. ladd paid one-half the balance due and will remit the remainder on april 5.31 received $9,200 cash from customers for admissions.1.) enter the beginning balances in the ledger.2.) journalize the march transactions. starr records admission revenue as service revenue, rental of the concession stand as rent revenue, and film rental expense as rent expense. (credit account titles are automatically indented when the amount is entered. do not indent manually. record journal entries in the order presented in the problem. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)3.) post the march journal entries to the ledger. (post entries in the order of journal entries presented in the previous question.)