Explain with appropriate examples , how selection of construction machineries and equipment effect the construction project planning ?

(write by Microsoft Word )

Bramble Company began operations at the beginning of 2021. The following information pertains to this company.

Compute taxable income for 2021.

Compute the deferred taxes at December 31, 2021, that relate to the temporary differences described above.

Prepare the journal entry to record income tax expense, deferred taxes, and income taxes payable for 2021.

Draft the income tax expense section of the income statement, beginning with “Income before income taxes.”

Bonita Company began operations at the beginning of 2021. The following information pertains to this company.

Compute taxable income for 2021. Compute the deferred taxes at December 31, 2021, that relate to the temporary differences described above. Prepare the journal entry to record income tax expense, deferred taxes, and income taxes payable for 2021. Draft the income tax expense section of the income statement, beginning with “Income before income taxes.”

One of the major problems with front office accounting at the Royal Crest Hotel is monitoring guest and non-guest accounts using their manual system. Management has always extended local businesses and government officials charge privileges, the idea being that, with the convenience of deferred payments, local patrons would be more likely to dine and/or host clients at the hotel. This program has proved to be highly successful. The volume of purchases charged to such non-guest accounts now approximates the level of sales incurred by registered guests. Unsure if this is a good or bad situation, Mr. Osei, the front office manager, requests the front office accounting staff to study the problem and to report its findings at next week's front office meeting. At the weekly front office meeting, the hotel's accountant, Ms. Pokua, reports that there are at least three problems related to the hotel's non- guest charge purchasing policies: its impact on the daily hotel audit, the billing procedures to collect payment, and the number of applications for additional non-guest accounts. When asked to be more specific, she begins with a review of the daily hotel audit. She states that since the front office receives charge vouchers from the hotel's revenue centers, it is the front desk agent's responsibility to separate guest from non-guest accounts. Since registered guest charges are posted by room number, one would think it easy to sort those charges from the others. Unfortunately, both the hotel's guest account numbers and the non-guest account numbers are three digits, thereby making the sorting more time-consuming. Mr. Osei asks if it is really necessary to separate the charges. Ms. Pokua explains that it is, since the hotel must maintain accurate guest folio Page 2 of 1 G. N. Baah balances. She further states that the non-guest vouchers are accumulated and posted on Saturday afternoons, when the hotel's business is less hectic. The billing procedures to collect non-guest account balances are tricky, Ms. Pokua said. Since the hotel bills non-guest accounts on the last day of each month, some charges occurring in a particular month may not be posted in time to appear on that month's bill. In addition, non-guest accounts usually are not paid in time. In fact, 47 percent of last month's non-guest account balances remain unpaid and tomorrow is the date of the next billing cycle. Mr. Osei explains that the local customers are important to the hotel and suggests that maybe Ms. Pokua is over-sensitive to the billing problems. Lastly, Ms. Pokua relates the fact that there are at least ten new applications for non-guest accounts. She has instructed her staff not to authorize any new non-guest accounts without her written approval. She further states that she is reluctant to authorize any additional non-guest accounts, and looks to Mr. Osei for advice. Convinced of the positive aspects of such business, Mr. Osei directs her to approve the requests and to assign account numbers effective the first day of next month.

1). State four things that could be done to improve collection of outstanding balances? .    

2). What are the two (2) advantages and two (2) disadvantages to having a high volume of non- guest accounts? NOTE; PLEASE I NEED DIFFERENT ANSWERS.

1. If the level of activity increases within relevant range:

a. variable cost per unit and total fixed cost stay the same

b. fixed cost per unit and total variable cost increase

c. variable cost per unit and total cost increase

d. total cost will increase and fixed cost per unit stays same

2. Which of the following statements is incorrect about the Cost-Volume-Profit graph?

a. The assumption that volume is the only factor affecting total cost

b. The assumption that selling prices do not change

c. The assumption that variable costs go down as volume goes up

d. The assumption that fixed expenses are constant in total within the relevant range

3. The contribution margin ratio decreases if:

a. the percentage of contribution margin to sales revenue increases

b. the percentage of variable cost to sales revenue increases

c. the percentage of variable cost to sales revenue decreases

d. total fixed costs decrease

4. If company X is operating above its break-even point, which of the following is always true:

a. its total variable costs are less than its total fixed costs

b. its total contribution margin is greater than its total variable costs

c. its total contribution margin is greater than its total fixed costs

d. its selling price is higher than per-unit variable cost

IN EXCEL PLEASE!!! Thank you!

A firm is considering the introduction of a new automatic machine. The estimated costing data for this project
are shown below.
Initial cost of the machine $240,000
Planning horizon 4 years
Salvage value after 4 years nil
Income $100,000 p.a.
Operational & maintenance cost $20,000 p.a.
MARR 10% p.a.
Economic assessment method NPV
The firm is confident about the estimated values of the initial cost and salvage value, but it feels that the
income and the operational cost are subject to error.
a. Express NPV as a function of x (% change in operational cost) and y (% change in income) and plot y as
a function of x. Comment on the result.
b. If there is no error with operational cost, what is the maximum percentage change in annual income
before the project becomes unviable?
c. If there is no error with annual income, what is the maximum percentage change in operational cost
before the project becomes unvi

Teradene Corporation purchased land as a factory site and contracted with Maxtor Construction to construct a factory. Teradene made the following expenditures related to the acquisition of the land, building, and equipment for the factory: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

  
In addition to the above expenditures, Teradene purchased four forklifts from Caterpillar. In payment, Teradene paid $24,000 cash and signed a noninterest-bearing note requiring the payment of $78,000 in one year. An interest rate of 9% properly reflects the time value of money for this type of loan.

Required:
Determine the initial valuation of each of the assets Teradene acquired in the above transactions. (Round your answers to the nearest whole dollars.)

Question # 01: National Highways Authority (NHA) is considering a public-private partnership with Friends construction as main contractor using a DBOMF contract for a new 50-mile motorway on the outskirts of Baluchistan Province. The design includes seven 10-mile-long commercial/retail corridors on both sides of the road. Motorway construction is expected to require 6 years at an average cost of $4 million per mile. The discount rate is 11% per year, and the study period is 30 years. Initial investment is $200 million distributed over 5 years; $50 million now and in year 6 and remaining amount equally in rest of the years. Annual operating cost is $10 million per year, plus an additional $5 million every six years. Annual revenues Include tolls and retail/commercial growth; start at $5 million in first year, increasing by a constant $2 million annually through year 10, and then increasing by a constant $3 million per year through year 20 and remaining constant thereafter. Disbenefits include loss of income to people in surrounding areas; start at $15 million in year 1, decrease by $2 million per year through year 21, and remain at zero thereafter. Required: Evaluate the economics of the proposal using (a) the modified B/C analysis from the NHA’s perspective and (b) the profitability index from the Friends construction viewpoint in which disbenefits are included and not included. Note: You have to show all calculations including workings in your answer sheet.

Question # 01: National Highways Authority (NHA) is considering a public-private partnership with Friends construction as main contractor using a DBOMF contract for a new 50-mile motorway on the outskirts of Baluchistan Province. The design includes seven 10-mile-long commercial/retail corridors on both sides of the road. Motorway construction is expected to require 6 years at an average cost of $4 million per mile. The discount rate is 11% per year, and the study period is 30 years. Initial investment is $200 million distributed over 5 years; $50 million now and in year 6 and remaining amount equally in rest of the years. Annual operating cost is $10 million per year, plus an additional $5 million every six years. Annual revenues Include tolls and retail/commercial growth; start at $5 million in first year, increasing by a constant $2 million annually through year 10, and then increasing by a constant $3 million per year through year 20 and remaining constant thereafter. Disbenefits include loss of income to people in surrounding areas; start at $15 million in year 1, decrease by $2 million per year through year 21, and remain at zero thereafter.

Required: Evaluate the economics of the proposal using (a) the modified B/C analysis from the NHA’s perspective and (b) the profitability index from the Friends construction viewpoint in which disbenefits are included and not included.

Note: You have to show all calculations including workings in your answer sheet.