What is the amount of gain-loss from acceptance of offer, Accounting Basics

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What is the amount of gain-loss from acceptance of offer

A business received an offer from an exporter for 10,000 units of product at $18 per unit. The acceptance of the offer will not affect normal production or the domestic sales price. The following data are available:

Domectic sales price...........$25
Unit manufacturing costs:
Variable..................$16
Fixed.....................$4

What is the amount of gain or loss from acceptance of the offer?

A. $20,000 gain

B. $20,000 loss

C. $70,000 gain

D. $70,000 loss

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Accounting Basics: What is the amount of gain-loss from acceptance of offer

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Accounting Basics: What is the amount of gain-loss from acceptance of offer

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Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the amount of gain-loss from acceptance of offer

Reference No:- TGS090392

Recent Questions Asked Accounting Basics

Q : Calculate the number of fresh shares issued

Q : Loss and profit account and balance sheet

Q : Problem related to accumulated depreciation

Q : Amount of rent expense incurred by harley

Q : What is the amount of gain-loss from acceptance of offer

Q : Amount of gain or loss from futher processing

Q : Amounts should be considered a sunk cost

Q : Differential income or loss from discontinuing small speaker

Q : Differintial income or loss from accepting the overseas bid

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