The manufacturing cost of Calico Industries for three months…

The manufacturing cost of Calico Industries for three months of the year are provided below:   Total Cost Production (units) April $112,600 275,500 May 89,600 164,100 June 108,700 246,600   Using the high-low method, what are the variable cost per unit and the total fixed costs?

The management of River Corporation is considering the purch…

The management of River Corporation is considering the purchase of a new machine costing $380,000. The company’s desired rate of return is 6%.  In addition to the foregoing information, use the following data in determining the acceptability of this investment:   Year Income from Operations Net Cash Flow 1 $20,000 $95,000 2 20,000 95,000 3 20,000 95,000 4 20,000 95,000 5 20,000 95,000 What is the net present value for this investment?

Southern Company is preparing a cash budget for April. The c…

Southern Company is preparing a cash budget for April. The company has $12,000 cash at the beginning of April and anticipates $30,000 in cash receipts and $34,500 in cash disbursements during April. Southern Company has an agreement with its bank to maintain a minimum cash balance of $10,000. What must the company do to maintain the required balance during April?