Voice Com Inc. uses the product cost concept of applying the cost-plus approach to product pricing. The costs of producing and selling 4,670 cellular phones are as follows: Variable costs: Fixed costs: Direct materials $78 per unit Factory overhead $199,000 Direct labor 31 Selling and administrative expenses 69,300 Factory overhead 28 Selling and administrative expenses 20 Total $157 per unit Voice Com wants a profit equal to a 15% rate of return on invested assets of $600,500. a. Determine the amount of desired profit from the production and sale of 4,670 cellular phones. $fill in the blank 1 b. Determine the product cost and the cost amount per unit for the production of 4,670 cellular phones. If required, round your answer to nearest dollar. $fill in the blank 2 per unit c. Determine the product cost markup percentage (rounded to two decimal places) for cellular phones. fill in the blank 3 % d. Determine the selling price of cellular phones. Round to the nearest dollar. Cost $fill in the blank 4 per unit Markup fill in the blank 5 Selling price $fill in the blank 6 per unit

If you were running a company, what are at least two things you could do to improve its productivity.

Bridgeport company began operations at the beginning of 2018. the following information pertains to this company. 1. pretax financial income for 2018 is $115,000. 2. the tax rate enacted for 2018 and future years is 40%. 3. differences between the 2018 income statement and tax return are listed below: (a) warranty expense accrued for financial reporting purposes amounts to $7,500. warranty deductions per the tax return amount to $2,200. (b) gross profit on construction contracts using the percentage-of-completion method per books amounts to $94,700. gross profit on construction contracts for tax purposes amounts to $67,100. (c) depreciation of property, plant, and equipment for financial reporting purposes amounts to $61,800. depreciation of these assets amounts to $75,700 for the tax return. (d) a $3,600 fine paid for violation of pollution laws was deducted in computing pretax financial income. (e) interest revenue recognized on an investment in tax-exempt municipal bonds amounts to $1,500. 4. taxable income is expected for the next few years. (assume (a) is short-term in nature; assume (b) and (c) are long-term in nature.) (a) prepare the reconciliation schedule for 2017 and future years. (b) prepare the journal entry to record income tax expense for 2017. (c) prepare the income tax expense section of the income statement beginning with “income before income taxes.” (d) determine how the deferred taxes will appear on the balance sheet at the end of 2017.

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine