my answer is incorrect please help. cost for this bracelet is $265.00 as shown below:$ 146Direct materialsDirect labor80Manufacturing overhead39Unit product cost$265The members of a wedding party have approached Imperial Jewelers about buying 13 of these gold bracelets for the discounted priceof $370.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the directmaterials cost per bracelet by $4. Imperial Jewelers would also have to buy a special tool for $458 to apply the filigree to thebracelets. The special tool would have no other use once the special order is completed.To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed andunaffected by variations in how much jewelry is produced in any given period. However, $5.00 of the overhead is variable with respectto the number of bracelets produced. The company also believes that accepting this order would have no effect on its ability toproduce and sell jewelry to other customers. Furthermore, the company could fulfill the wedding party's order using its existingmanufacturing capacity.Required:1. What is the financial advantage (disadvantage) of accepting the special order from the wedding party?2 Should the company accept the special order?Complete this question by entering your answers in the tabs below.Required 1Required 2What is the financial advantage (disadvantage) of accepting the special order from the wedding party?Financial (disadvantage)$588Required 1Required 2 > Complete this question by entering your answers in the tabs below.Required 1 Required 2Should the company accept the special order?OYesNoRequired 2< Required 1

The decision to accept or reject the order should be based on the net benefits or losses from…

cost for this bracelet is $265.00 as shown below: $146 Direct materials. Direct labor 80 Manufacturing overhead 39 Unit product cost $265 The members of a wedding party have approached Imperial Jewelers about buying 13 of these gold bracelets for the discounted price of $370.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the direct materials cost per bracelet by $4. Imperial Jewelers would also have to buy a special tool for $458 to apply the filigree to the bracelets. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variation

cost for this bracelet is $265.00 as shown below: $146 Direct materials. Direct labor 80 Manufacturing overhead 39 Unit product cost $265 The members of a wedding party have approached Imperial Jewelers about buying 13 of these gold bracelets for the discounted price of $370.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the direct materials cost per bracelet by $4. Imperial Jewelers would also have to buy a special tool for $458 to apply the filigree to the bracelets. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variation

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 4EA: Use the information provided to create a standard cost card for production of one glove box switch....

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