MGMT 312 FINAL EXAM (EMBRY)/MGMT 312 FINAL EXAM (EMBRY)

Jun 1st, 2016
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Product Description MGMT 312 Final Review (EMBRY) 1. A company is currently operating at 80% capacity producing and 5,000 units. Current cost information relating to this production is shown in the table below. The company has been approached by a customer with a request for a 100-unit special order. What is the minimum per unit sales price that management would accept for this order if the company wishes to increase current profits? 2. A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is called a(n): 3. Alpha Co. can produce a unit of Beta for the following costs: Direct material $8 Direct labor 24 Overhead 40 Total costs per unit $72 An outside supplier offers to provide Alpha with all the Beta units it needs at $60 per unit. If Alpha buys from the supplier, Alpha will still incur 40% of its overhead. Alpha should: 4. An opportunity cost: 5. Marcus processes four different products that can either be sold as is or

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MGMT 312 Final Exam (EMBRY)Product DescriptionMGMT 312 Final Review (EMBRY)1. A company is currently operating at 80% capacity producing and 5,000 units. Current costinformation relating to this production is shown in the table below.Per UnitSales Price$34Direct material$2Direct labor$3Variable overhead$4Fixed overhead$5The company has been approached by a customer with a request for a 100-unit special order.What is the minimum per unit sales price that management would accept for this order if thecompany wishes to increase current profits?Any amount over $34 per unit.Any amount over $20 per unit.Any amount over $14 per unit.Any amount over $9 per unit.Any amount over $5 per unit.5,000/.80-5,000=1,250 unit capacity available $2+$3=$9 incremental costs2. A cost that cannot be avoided or changed because it arises from a past decision, and isirrelevant to future decisions, is called a(n):Uncontrollable costIncremental costOpportunity costOut-of-pocket costSunk cost3. Alpha Co. can produce a unit of Beta for the following costs:Direct material $8Direct labor 24Overhead 40Total costs per unit $72An outside supplier offers to provide Alpha with all the Beta units it needs at $60 per unit. IfAlpha buys from the supplier, Alpha will still incur 40% of its overhead. Alpha should:Buy Beta since the relevant cost to make it is $72.Make Beta since the relevant cost to make it is $56.Buy Beta since the relevant cost to make it is $48.M

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