Copr., GoedlGreenWay is considering investing in a new machine to provide a new residential cleaning service. The machine costs $300,000. The machine has a useful life of 13 years, and the annual depreciation expense would be $20,700. They estimate they can generate $93,300 in annual revenue from the new service. Cash operating expenses are estimated to be $42,000 per year. The machine has an approximate salvage value of $30,000 at the end of its useful life. The company has a 10% minimum rate of return. The net present value for this investment is:
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Identify the source of the line(s): “Well, this-yer Smiley h…
Identify the source of the line(s): “Well, this-yer Smiley had a yaller one-eyed cow that didn’t have no tail, only jest a short stump like a bannanner…”
Chapter 8 Standard costs and variance analysis Copr., Goedl/…
Chapter 8 Standard costs and variance analysis Copr., Goedl/Strickland, 2021 Four Cats, Inc. uses a standard cost system. The company reported the following data. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. Data regarding the company’s standard cost and quantities are provided below. Standard quantity per unit Standard Price/Rate Direct materials 7.7 ounces $7.80 per ounce Direct labor 0.4 hours $38.70 per hour Variable manufacturing overhead 0.4 hours $6.10 per hour Below are the actual results for the most recent month of production. Actual results Units produced 7,750 units Raw material purchased and used 59,695 ounces for $429,804 Direct labor hours worked 2,610 hours Direct labor costs $105,966 Variable manufacturing overhead costs $14,877 Compute the Direct labor rate variance.
Chapter 2: Job-order costing Copr.Goedl Earthcore, LLC. coll…
Chapter 2: Job-order costing Copr.Goedl Earthcore, LLC. collects manufacturing overhead data by department. They have two departments—pouring and packaging. Relevant data is below. Pouring department: $12,000 fixed overhead, variable overhead $10 per labor hour Packaging department: $11,100 fixed overhead, variable $9 per machine hour The company estimated the following hours: Pouring department: 420 labor hours and 90 machine hours Packaging department: 100 labor hours and 390 machine hours Manufacturing overhead is applied based on departmental rates. Overhead is applied based on labor hours in the pouring department and machine hours in the packaging department. Calculate the predetermined manufacturing overrate rate for the packaging department. Study tip: When overhead is applied based on departmental rates, the predetermined overhead rate for each department only considers the overhead and cost drivers incurred in the department.
In The Great Gatsby, what is Jay Gatsby’s real name?
In The Great Gatsby, what is Jay Gatsby’s real name?
Which political party supported white supremacy during Recon…
Which political party supported white supremacy during Reconstruction?
Chapter 1: Managerial accounting and cost concepts Copr.Goed…
Chapter 1: Managerial accounting and cost concepts Copr.Goedl Cost of goods sold per unit is Study tip: Cost of goods sold are only product costs. An exam question can ask for the total cost of goods sold or the cost of goods sold per unit.
Identify the source of the line(s): “He did not belong with…
Identify the source of the line(s): “He did not belong with himself any more, for even then he was out of himself, standing with the boys and looking at himself in the snow”
Identify the source of the line(s): “Now, however, it quai…
Identify the source of the line(s): “Now, however, it quaintly came to him as a human, living thing. It was no longer merely a picture of a few throes in the breast of a poet…”
Which is NOT true of literary naturalism?
Which is NOT true of literary naturalism?