Your two new display cases cost $5,500 each. Shipping from the manufacturer cost another $2,600. The...

Your two new display cases cost $5,500 each. Shipping from the manufacturer cost another $2,600. The installer charged $900 to set up the cases (carpet work, leveling and trim) and the electrician needed $1,500 to wire the display cases and lighting controls. What will be the cost we show on the Balance Sheet?

Using the information from the previous question, what will be the monthly depreciation on this asset? Assume we will depreciate over 6 years and the expected salvage value will be $1,600. Using the information from the previous two questions, what would be the accumulated depreciation on this asset at the end of year 4?

All answers are supposed to be whole numbers.

Expert Solution

ekkarill92 answered 1 year ago

A furniture manufacturer produces two types of display cabinets Type A and Type B Each month...

A furniture manufacturer produces two types of display cabinets Type A and Type B Each month x of type A and y of type B are produced. Profit on type A is 300SR and profit on type B is 150SR. The following constraints control monthly production : (i) Not more than 50 display cabinets of type A and 40 display cabinets of type B can be made (ii) To show a profit at least 60 display cabinets in all must...

Your company is thinking about acquiring another corporation. You have two choices; the cost of each...

Your company is thinking about acquiring another corporation. You have two choices; the cost of each choice is $250,000. You cannot spend more than that, so acquiring both corporations is not an option. The following are your critical data: a. Corporation A: 1) Revenues = 100K in year one, increasing by 10% each year. 2) Expenses = 20K in year one, increasing by 15% each year. 3) Depreciation Expense = 5K each year. 4) Tax Rate = 25% 5) Discount...

New Orleans Shipping. If the share price of Emaline, a New Orleans-based shipping firm, rises from...

New Orleans Shipping. If the share price of Emaline, a New Orleans-based shipping firm, rises from $12.13 to $15.96 over a one-year period, calculate the rate of return to the shareholder given each of the following: a. The company paid no dividends. b. The company paid a dividend of $1.01 per share. c. The company paid the dividend and the total return to the shareholder is separated into the dividend yield and the capital gain.

A 50-kilowatt gas turbine has an investment cost of $44,000. It costs another $13,000 for shipping,...

A 50-kilowatt gas turbine has an investment cost of $44,000. It costs another $13,000 for shipping, insurance, site preparation, fuel lines, and fuel storage tanks. The operation and maintenance expense for this turbine is $450 per year. Additionally, the hourly fuel expense for running the turbine is $7.75 per hour, and the turbine is expected to operate 3,400 hours each year. The cost of dismantling and disposing of the turbine at the end of its 9-year life is $8,000. a....

Draw and display a histogram for each of the two variables using appropriate BIN values from...

Draw and display a histogram for each of the two variables using appropriate BIN values from part (b) and comment on the shape of the two distributions. Hours Per Week Yearly Income ('000's) 18 43.8 13 44.5 18 44.8 25.5 46.0 11.3 41.1 18 43.3 16 43.6 27 46.2 27.5 46.8 30.5 48.2 24.5 49.3 32.5 53.8 25 53.9 23.5 54.2 30.5 50.5 27.5 51.2 28 51.5 26 52.6 25.5 52.8 26.5 52.9 33 49.5 15 49.8 27.5 50.3 36...

In java, ask the user for a filename. Display the oldest car for every manufacturer from...

In java, ask the user for a filename. Display the oldest car for every manufacturer from that file. Files Given: car-list.txt car-list-1.txt car-list-2.txt car-list-3.txt (they are too big for question) Required Output: Standard Input Files in the same directory car-list-1.txt car-list.txt car-list-1.txt car-list-2.txt car-list-3.txt Enter filename\n Oldest cars by make\n Acura Legend 1989 2T1BPRHE8EC858192\n Audi 80/90 1988 2GKALMEK4E6424961\n Bentley Continental Flying Spur 2006 WBA3G7C5XFK430850\n BMW 600 1959 1N6AA0ED2FN639969\n Bugatti Veyron 2009 SCFEBBBC5AG474636\n Buick Century 1987 2HNYD18625H455550\n Cadillac DeVille 1994...

A gourmet bottled tea drink manufacturer has found that the cost to produce 150 cases of...

A gourmet bottled tea drink manufacturer has found that the cost to produce 150 cases of bottled tea is $10,000 while it costs $13,150 to produce 325 cases of bottled tea. a. Find the linear cost function, C(x) where x is the number of cases of bottled tea. b. If the revenue function for selling x cases of teach is R(x) = 40x, how much does each case of bottled tea sell for? c. How many cases of bottled tea...

1. Ordering cost only consists of the shipping cost from supplier to customer. True or False...

1. Ordering cost only consists of the shipping cost from supplier to customer. True or False 2. Ordering cost is which type of cost? Multiple Choice Fixed Variable Overhead 3. Which of the following would be considered part of Ordering Cost? (choose all that apply) Check All That Apply Minimum shipping chargeMinimum shipping charge Postage to mail the order to a supplier (who still lives in the early 20th century)Postage to mail the order to a supplier (who still lives...

Scorecard Corporation is considering the purchase of new manufacturing equipment that will cost $30,000 (including shipping...

Scorecard Corporation is considering the purchase of new manufacturing equipment that will cost $30,000 (including shipping and installation). Scorecard can take out a four-year, $30,000 loan to pay for the equipment at an interest rate of 7.20%. The loan and purchase agreements will also contain the following provisions: • The annual maintenance expense for the equipment is expected to be $300. • The equipment has a four-year depreciable life. The Modified Accelerated Cost Recovery System’s (MACRS) depreciation rates for a...

Your firm will either purchase or lease a new $500,000 packaging machine from the manufacturer. If...

Your firm will either purchase or lease a new $500,000 packaging machine from the manufacturer. If purchased, the machine will be depreciated straight-line over five years. You can lease the machine using a true tax lease for $125,000 per year for five years with the first payment today. Assume the machine has no residual value, the secured borrowing rate is 9%, and the tax rate is 35%. Should you buy or lease?

Question