Discuss the challenges associated with the cost and benefit estimation methods in a cost-benefit analysis of pollution abatement. 5 MARKS

Cost accounting is one of the most challenging areas in accounting to understand. “A cost accounting system is a system for recording, analyzing and allocating cost to the individual services provided to patients (e.g., medications, procedures, tests, room and board) (Becker's Hospital Review, 2014). The healthcare industry has been working toward the goal of correlating cost with quality. Read Porter, M. E., & Lee, T. H. (2016). From volume to value in health care: the work begins. Jama, 316(10), 1047-1048. Discuss how healthcare providers and patients can benefit when cost is correlated with quality of the healthcare services provided.

An injection molding system has a first cost of $170,000 and an annual operating cost of $89,000 in years 1 and 2, increasing by $5,000 per year thereafter. The salvage value of the system is 25% of the first cost regardless of when the system is retired within its maximum useful life of 5 years. Using a MARR of 12% per year, determine the ESL and the respective AW value of the system.

The ESL is 5 year(s) and AW value of the system is $__________________ .

Cost accounting is one of the most challenging areas in accounting to understand. “A cost accounting system is a system for recording, analyzing and allocating cost to the individual services provided to patients (e.g., medications, procedures, tests, room and board) (Becker's Hospital Review, 2014). The healthcare industry has been working toward the goal of correlating cost with quality. Read Porter, M. E., & Lee, T. H. (2016). From volume to value in health care: the work begins. Jama, 316(10), 1047-1048. Discuss how healthcare providers and patients can benefit when cost is correlated with quality of the healthcare services provided.

A manufacturer has recorded its cost of electricity (cost) and the total number of hours of machine use time (time) each week for a total of 52 weeks. Use the Mod7-1Data (Links to an external site.) to answer the following questions. USE α = 5%!

sample covariance=

sample correlation=

null hypothesis=

computed test statistic=

alternative hypothesis=

statistical conclusion=

A certain piece ofequipment has an initial cost of $10,000 with an annual maintenance cost of $500 per year with no salvage value at the end of its useful life of 4 years.   There is an alternative equipment that costs $20,000 with no maintenance cost the first year.   However, it has a maintenance cost of $100 the second year and increases $100 per year in subsequent years.  Its salvage value is $5,000 and has a useful life of 12 years.  The MARR is 8%.   Which machine should be selected?

Use the information below to determine the firms cost of debt, cost of equity, and WACC. Use market values to determine the weights.

- The expected return on the market portfolio is 11% and the risk-free rate is 3%. The firm’s beta is 1.6.

- The firm has most recently paid a dividend of $2. Dividends are expected to grow at a rate of 3% per year, indefinitely.

- The firm has 1.5 million shares of common stock outstanding. The firm has two bond issues outstanding:

1) 10,000 bonds with 5% coupon, 6% YTM, and face value of $1000 that mature in 8 years

2) 50,000 bonds with 3% coupon, 4% YTM, and face value of $1000 that mature in 12 years.

The firm’s average tax rate is 30%.

Please show all steps clearly. Thank you.

What is the shape of a downstream oil and gas total cost curve and marginal cost curve, U-shaped or L-shaped? A graph illustration here will be a plus.

An injection molding system has a first cost of $165,000 and an annual operating cost of $91,000 in years 1 and 2, increasing by $5,000 per year thereafter. The salvage value of the system is 25% of the first cost regardless of when the system is retired within its maximum useful life of 5 years. Using a MARR of 13% per year, determine the ESL and the respective AW value of the system. The ESL is 5 year(s) and AW value of the system is $

1. A cost that changes in total as output changes is a variable cost.

   True

   False

1. Managerial judgment is critically important in determining cost behavior.

   True

   False

1. The predetermined overhead rate is calculated at the beginning of the year by dividing the total estimated annual overhead by the total estimated level of cost driver

   True

   False

1. If actual overhead is greater than applied overhead, the variance is called underapplied overhead.

   True

   False

1.   The direct method of allocation recognizes all interactions among support departments.

   True

   False