Best Tractors, Inc. Manufacturers high quality tractors for farmers. On April 1, a merchandizer purchased two tractors, A and B. The cost of unit A was $650, cost of unit B was $625. On April 30, the company hadn't sold the inventory. The net realizable value of unit A was now $685 while the net realizable of unit B was $550. The adjustment associated with the lower of cost and net realizable value on April 30 will be? 1. Debit costs of good sold: 40 Credit inventory: 40 2. Debit inventory: 40 Credit cost of goods sold: 40 3. Debit cost of goods sold: 75 Credit inventory: 75 4. Debit inventory: 75 Credit Cost of Goods Sold: 75

Harold Manufacturing produces denim clothing. This year, it produced 5,280 denim jackets at a manufacturing cost of $41.00 each. These jackets were damaged in the warehouse during storage. Management investigated the matter and identified three alternatives for these jackets. 1. Jackets can be sold to a secondhand clothing shop for $7.00 each. 2. Jackets can be disassembled at a cost of $32,800 and sold to a recycler for $11.00 each. 3. Jackets can be reworked and turned into good jackets. However, with the damage, management estimates it will be able to assemble the good parts of the 5,280 jackets into only 3,050 jackets. The remaining pieces of fabric will be discarded. The cost of reworking the jackets will be $101,400, but the jackets can then be sold for their regular price of $41.00 each. Required: 1. Calculate the incremental income. Incremental revenue Incremental costs Incremental income Alternative 1 Sell to a second- hand shop Alternative 2 Disassemble and sell to a recycler…

Please help me with show all calculation thanku

Delta Company produces a single product. The cost of producing and selling a single unit of this product at the company's normal activity level of 87,600 units per year is: Direct materials Direct labor $ 2.00 $ 3.00 $ 0.70 Variable manufacturing overhead Fixed manufacturing overhead $ 3.85 Variable selling and administrative expense $ 1.20 Fixed selling and administrative expense $ 2.00 The normal selling price is $21.00 per unit. The company's capacity is 102,000 units per year. An order has been received from a mail-order house for 1,200 units at a special price of $18.00 per unit. This order would not affect regular sales or the company's total fixed costs. Required: 1. What is the financial advantage (disadvantage) of accepting the special order? 2. As a separate matter from the special order, assume the company's inventory includes 1,000 units of this product that were produced last year and that are inferior to the current model. The units must be sold through regular channels…