NAME THE OBJECT INDICATED BY THE RED ARROW _______ NAME THE…

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NAME THE OBJECT INDICATED BY THE RED ARROW _______ NAME THE OBJECT INDICATED BY THE BLACK ARROW _______

NAME THE OBJECT INDICATED BY THE RED ARROW _______ NAME THE OBJECT INDICATED BY THE BLACK ARROW _______

NAME THE OBJECT INDICATED BY THE RED ARROW _______ NAME THE OBJECT INDICATED BY THE BLACK ARROW _______

NAME THE OBJECT INDICATED BY THE RED ARROW _______ NAME THE OBJECT INDICATED BY THE BLACK ARROW _______

NAME THE OBJECT INDICATED BY THE RED ARROW _______ NAME THE OBJECT INDICATED BY THE BLACK ARROW _______

_____ is the prоcess оf inspecting dаtа thаt has been input tо a program to make sure it is valid before it is used in a computation.

D. Lаwrаnce designs аnd manufactures fashiоnable men’s clоthing. Fоr the coming year, the company has scheduled production of 40,000 suede jackets. Budgeted costs for this product are as follows.   Unit Costs (40,000 Units)   Total Variable manufacturing costs $ 48     $ 1,920,000   Variable selling expenses   20       800,000   Fixed manufacturing costs   10       400,000   Fixed operating expenses   5       200,000   Total costs and expenses $ 83     $ 3,320,000   The management of D. Lawrance is considering a special order from Discount Apparel for an additional 10,000 jackets. These jackets would carry the Discount Apparel label, rather than the D. Lawrance label. In all other respects, they would be identical to the regular D. Lawrance jackets. Although D. Lawrance regularly sells its jackets to retail stores at a price of $150 each, Discount Apparel has offered to pay only $80 per jacket. However, because no sales commissions would be involved with this special order, D. Lawrance will incur variable selling expenses of only $7 per unit on these sales, rather than the $20 it normally incurs. Accepting the order would cause no change in the company’s fixed manufacturing costs or fixed operating costs. D. Lawrance has enough plant capacity to produce 55,000 jackets per year. Required: a. Using incremental revenue and incremental costs, compute the expected effect of accepting this special order on D. Lawrance's operating income. b. The relevant factors in this type of decision are the incremental (additional) revenue that will be earned and the incremental costs that will be incurred by accepting the order. Is this statement correct or not correct? Provide your explanation. c. Provide two examples of other (qualitative) factors that managers may consider in special order decisions.