FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Cullumber Street Inc. makes unfinished bookcases that it sells for $59. Production costs are $38 variable and $10 fixed. Because it has
unused capacity, Cullumber Street is considering finishing the bookcases and selling them for $75. Variable finishing costs are
expected to be $7 per unit with no increase in fixed costs. Prepare an analysis on a per unit basis showing whether Cullumber Street
should sell unfinished or finished bookcases. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or
parentheses e.g. (45).)
Sales price per unit
Cost per unit
Variable
Fixed
Total
Net income per unit
The bookcases
+A
Sell
+A
$
$
$
Process
Further
+A
$
Net Income
Increase (Decrease)
+A
$
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Transcribed Image Text:Cullumber Street Inc. makes unfinished bookcases that it sells for $59. Production costs are $38 variable and $10 fixed. Because it has unused capacity, Cullumber Street is considering finishing the bookcases and selling them for $75. Variable finishing costs are expected to be $7 per unit with no increase in fixed costs. Prepare an analysis on a per unit basis showing whether Cullumber Street should sell unfinished or finished bookcases. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Sales price per unit Cost per unit Variable Fixed Total Net income per unit The bookcases +A Sell +A $ $ $ Process Further +A $ Net Income Increase (Decrease) +A $
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