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Part P40 is a part used in the production of air conditioners at Jackson Corpora

ID: 2463695 • Letter: P

Question

Part P40 is a part used in the production of air conditioners at Jackson Corporation. The following costs and data relate to the production of Part P40:

Jackson Corporation can purchase the part from an outside supplier for $4.25 per unit. If they purchase from the outside supplier, 50% of the fixed costs would be avoided. Assume that factory space freed up by purchasing the part from an outside source can be used to manufacture another product that can be sold for $2,000 profit. If Jackson Corporation makes the part, what will its operating income be?

Select one:

a. $5,500 less than if the company bought the part

b. $5,500 greater than if the company bought the part

c. 9,500 greater than if the company bought the part

d. $111,500 greater than if the company bought the part

Explanation / Answer

If Produce

if Purchase

Number of parts

           22,000

           22,000

Variable costs

           66,000

           93,500

Fixed Costs

           40,000

           20,000

Total cost

         106,000

         113,500

Cost Benefit if bough the part = $7,500

Operating income is greater $7,500 if bought the part

Add: Additional margin = $2,000 profit

Operating Income will be $9,500 greater than if the company bought the part  

If Produce

if Purchase

Number of parts

           22,000

           22,000

Variable costs

           66,000

           93,500

Fixed Costs

           40,000

           20,000

Total cost

         106,000

         113,500