Consider the following project:

The IRR for this project is (Write your answer with 2 decimal and as a percentage):

（ ？ ）Given that the firm's cost of capital is 12%, the MIRR for this project is (Write your answer with 2 decimal and as a percentage) （ ？ ）

Identify the sustainable development principles applicable to sustainable construction. Explain how construction industry is impacting the environment?

Gotcha Covered Manufactures and sells leather cases for cell phones. Each Case sells for $80. Variable Manufacturing cost are $30 per case. We pay a sales commission of 10% of the selling price to our salespeople. Fixed manufacturing costs are $200,000 and fixed operating costs are $35,000.

A. Calculate the Following Amounts:

i. V (variable cost per unit) and VC% (Variable cost percentage)

ii. CM ( Contribution margin per unit) and CM% ( Contribution Margin Percentage.

IV. Quantity

V. Target quantity if we want to generate Operating Income= $100,000

Canova Corporation adopted the dollar-value LIFO retail method on January 1, 2021. On that date, the cost of the inventory on hand was $20,000 and its retail value was $25,000. Information for 2021 and 2022 is as follows:

Required:
1. What is the cost-to-retail percentage for the inventory on hand at 1/1/2021?
2. Calculate the inventory value at the end of 2021 and 2022 using the dollar-value LIFO retail method.

Negotiations Preparation Scenario:

Background: You and your spouse have received bids to renovate the second story of your “vintage” house. You have selected Busy Bee Construction Company as the contractor, who submitted a bid price of $45,000 with a project completion date of November 2nd. You have been friends with the Contractor for many years but have never conducted business with Busy Bee. You are meeting with Busy Bee on May 4th to discuss project cost, start date and schedule based upon the following data:

Scope of Work:

“Gut the second floor to the studs.”

Provide dumpster in the driveway to deposit construction debris.

Remove the existing second floor bedroom wood panel walls and plaster ceiling, install insulation material and replace walls and ceiling with drywall and wood trim.

Tear out two existing closets and build a walk-in closet and a cedar storage closet, both complete with shelving, electrical outlets and lighting.

Remove the existing bathroom tub, vanity, toilet, plaster walls, floor tile and wall tile. Rebuild sub-floor, install drywall, floor tile and wall tile around the tub. Replace plumbing, bath fixtures, tile and electrical fixtures with new items to be mutually determined.

Update electrical service to 200 amp service, install ceiling fans, and update fixtures to comply with current electrical codes. Fans to be provided by the owners.

Paint all walls and ceiling. Remove / replace wall-to-wall carpeting. Paint color and carpeting to be mutually determined. Haul away all construction debris.

Any “add-on scope” tasks will be handled via contract change orders.

Other Information:

Owners desire to keep all construction cost and change orders less than $50,000 and to have the work completed in mid-November in time for the Thanksgiving holidays.

The request for proposal identified a Cost-Plus Fixed Fee (CPFF) contract to control costs.

Busy Bee desires to keep its workers busy, to avoid any “hidden cost” surprises of a vintage home uncovered during the demolition phase, and to receive revenue by year end.

Both parties desire to maintain a pleasant business relationship and friendship.

Using the following Negotiations Preparation Template, your task is to prepare for this negotiations by discussing each of the following Strategic Negotiations Elements for both the home owners and the contractor:

You are assessing the viability of operating an amusement park. The nominal revenues from ticket sales at the end of Year 1 will be $554176. They will increase by 4% per year in real terms. The only annual cost will be to lease the whole operation for $118845 per year. The leasing costs are nominal and will start at the end of Year 1. They will stay fixed in nominal terms.

Assume the inflation rate is 5% and the real discount rate is 10%. All cash flows occur at year-end. The company will not pay any taxes. The business will continue into perpetuity.

What is the NPV of the project?

Select one:

a. $6921840

b. $8029703

c. $9139137

d. $8940472

e. $8267772

KISS Electronics is considering the production of a new Blu-ray player. The managerial accountant has provided the following information:

Required: answer the following questions by providing only numeric values without any formatting to the boxes given below. Round all the numbers to the 2nd decimal places.

a. Assume KISS uses the absorption approach to cost-plus pricing and the unit sales is 10,000 units, calculate the unit cost, the markup percentage, and the unit sales price by filling in the following boxes:

b. Assume KISS uses the absorption approach to cost-plus pricing with a markup percentage of 25%, and the unit sales is 7,500 units, calculate the unit cost and the unit sales price by filling in the following boxes:

c. Assume KISS uses the total variable cost approach to cost-plus pricing and the unit sales is 7,500 units, calculate the unit cost, the markup percentage, and the unit sales price by filling in the following boxes:

Hickory Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all $732,100 of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z:

1. What is the company’s plantwide overhead rate?

a. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z?

b.  What is the activity rate for the Machining activity cost pool?

c. What is the activity rate for the Machine Setups activity cost pool?

d. What is the activity rate for the Product Design activity cost pool?

e. What is the activity rate for the General Factory activity cost pool?

f. Which of the four activities is a batch-level activity?

g. Which of the four activities is a product-level activity?

h. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y?

i. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z?

j. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z?

k. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?

l. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z?

m. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z?

n. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z?