Please do not give solution in image format thanku Do not enter dollar signs or commas in the input boxes.Bound all answers to the nearest whole number.a) What is the foregone contribution margin per unit of standard sales if they accept the special order?Regular selling price per unitMaterial per unitLabor per unitVariable overhead per unitTotal variable costs per unitForegone CM per unitb) What is the total relevant costs for each unit of the special order?Material per unitLabor per unitVariable overhead per unitSpecial device (per unit)Foregone CM per unitTotal relevant costs per unit Shim Amon owns a small business that manufactures and sells freezers. He manufactures one standard freezer available for sale and he alsomanufactures custom freezers as special order for his customers. His accountant prepared the following financial information from the past year as shownbelow.QuantitySalesMaterialLaborVariable overheadFixed overheadIncomeSoldiSpecial Order Sales Standard Sales Total7,7006,900 14,600$1,108,800$246,400$361,900$23,100$71,000$406,400Variable overhead per unit$959,100 $2,067,900$220,800 $467,200$324,300 $686,200East Co, has asked Mr. Amon to manufacture 770 special units for the showroom of the company. Mr. Amon is working at capacity. He cannot back outon special orders already agreed to, but he could reduce the output of his standard sales to make the special order. East Co is willing to pay $146 foreach unit. The material, labor and variable overhead costs per unit of the special order will be same unit costs as the standard sales. Mr. Amon will have tospend $7,700 for a special device that will only be used for this special order.Total variable costs per unit$20,700 $43,800$58,300 $129,300$335,000 $741,400Do not enter dollar signs or commas in the input boxes.Bound all answers to the nearest whole number.a) What is the foregone contribution margin per unit of standard sales if they accept the special order?Regular selling price per unitMaterial per unitLabor per unit

According to the question given, we need to compute the contribution foregone, and, the relevant…

that freezers. He manufactures one standard freezer available for sale and he also manufactures custom freezers as special order for his customers. His accountant prepared the following financial information from the past year as show below. Quantity Sold Sales Material Labor Variable overhead Fixed overhead Income Special Order Sales Standard Sales Total 7,700 6,900 14,600 $959,100 $2,067,900 $220,800 $467,200 $324,300 $686,200 Material per unit $1,108,800 $246,400 $361,900 $23,100 $71,000 $406,400 East Co, has asked Mr. Amon to manufacture 770 special units for the showroom of the company. Mr. Amon is working at capacity. He cannot back out on special orders already agreed to, but he could reduce the output of his standard sales to make the special order. East Co. is willing to pay $146 for each unit. The material, labor and variable overhead costs per unit of the special order will be same unit costs as the standard sales. Mr. Amon will have tor spend $7,700 for a special device that will only be used for this special order. $20,700 $43,800 $58,300 $129,300 $335,000 $741,400 Do not enter dollar signs or commas in the input boxes. Bound all answers to the nearest whole number. a) What is the foregone contribution margin per unit of standard sales if they accept the special order? Regular selling price per unit Labor per unit Variable overhead per unit Total variable costs per unit

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 18E: Lakeesha Barnett owns and operates a package mailing store in a college town. Her store, Send It...