Concord Corporation produces 5000 units of part A12E. The following costs were incurred for that...
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Accounting
Concord Corporation produces 5000 units of part A12E. The following costs were incurred for that level of production:
Direct materials
$ 50000
Direct labor
155000
Variable overhead
70000
Fixed overhead
175000
If Concord buys the part from an outside supplier, $35000 of the fixed overhead is avoidable. If the outside supplier offers a unit price of $65, net income will increase (decrease) by
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