Required: 1. Determine the total relevant cost per unit if starters are made inside the company. (Round your answer to 2 decimal places.) Relevant cost per unit 2. Determine the total relevant cost per unit if starters are purchased from an outside supplier. (Round your answer to 2 decimal places.) Relevant cost per unit 3. What is the increase or decrease in profits as a result of purchasing the starters from an outside supplier rather than making them inside the company? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Profit would by per period

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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I need help with questions 1,2,and 3. Thanks so much

Required:
1. Determine the total relevant cost per unit if starters are made inside the company. (Round your answer
to 2 decimal places.)
Relevant cost per unit
2. Determine the total relevant cost per unit if starters are purchased from an outside supplier. (Round
your answer to 2 decimal places.)
Relevant cost per unit
3. What is the increase or decrease in profits as a result of purchasing the starters from an outside supplier
rather than making them inside the company? (Do not round intermediate calculations. Round your
answer to the nearest dollar amount.)
Profit would
by
per period
Transcribed Image Text:Required: 1. Determine the total relevant cost per unit if starters are made inside the company. (Round your answer to 2 decimal places.) Relevant cost per unit 2. Determine the total relevant cost per unit if starters are purchased from an outside supplier. (Round your answer to 2 decimal places.) Relevant cost per unit 3. What is the increase or decrease in profits as a result of purchasing the starters from an outside supplier rather than making them inside the company? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) Profit would by per period
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