Questions
A building with a cost of $225,000 has an estimated residual value of $45,000, has an...

A building with a cost of $225,000 has an estimated residual value of $45,000, has an estimated useful life of 9 years, and is depreciated by the straight-line method.

a. What is the amount of the annual depreciation?
$

b. What is the book value at the end of the fifth year of use?
$

c. If at the start of the sixth year it is estimated that the remaining life is 5 years and that the residual value is $10,000, what is the depreciation expense for each of the remaining 5 years?
$

In: Accounting

Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a...

Cost of Units Completed and in Process

The charges to Work in Process—Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production.

Work in Process—Assembly Department

Bal., 6,000 units, 70% completed16,140To Finished Goods, 138,000 units?

Direct materials, 141,000 units @ $1.5211,500  

Direct labor178,700  

Factory overhead69,430  

Bal., ? units, 45% completed?  

Cost per equivalent units of $1.50 for Direct Materials and $1.80 for Conversion Costs.

a. Based on the above data, determine the different costs listed below.

If required, round your interim calculations to two decimal places.

1. Cost of beginning work in process inventory completed this period$

2. Cost of units transferred to finished goods during the period$

3. Cost of ending work in process inventory$

4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.)$

b. Did the production costs change from the preceding period?
Yes

c. Assuming that the direct materials cost per unit did not change from the preceding period, did the conversion costs per equivalent unit increase, decrease, or remain the same for the current period?
Increase

In: Accounting

Explain whether there is a difference between goals in maximizing output for a given cost of...

Explain whether there is a difference between goals in maximizing output for a given cost of minimizing the cost of producing a given level of output.

In: Economics

LOVE Enterprise is a seller of cupcakes. The variable cost is RM4 per unit and the...

LOVE Enterprise is a seller of cupcakes. The variable cost is RM4 per unit and the fixed cost is RM800 for a month. A cupcake is sold at RM12.

Required:

(a) Briefly explain the importance of cost-volume-profit analysis for a business. (7    marks)

(b) Calculate the contribution margin for a unit of cupcake. (3    marks)

(c) Determine the number of cupcakes need to be sold to achieve break-even point. (3    marks)

In: Accounting

How can we come up with the numbers for the Benefits / Disbenefit / and Cost?...

How can we come up with the numbers for the Benefits / Disbenefit / and Cost? of these topics for Covid-19

Wash Hands: $ Benefits, and $ Cost

Avoid Close Contact: $ Benefits, and $ Cost

Wearing Mask: $ Benefits, and $ Cost

Hand sanatizers: $ Benefits, and $ Cost

Monitor Your Health: $ Benefits, and $ Cost

Medical Health Care: $ Benefits, and $ Cost

Vaccination: $ Benefits, and $ Cost

Please Help me out, I can't seem to find the numbers to create a ( incremental Benefit / Cost matrix)

Thanks

In: Economics

Daily Enterprises is purchasing a $ 9.6 million machine. It will cost $ 48000 to transport...

Daily Enterprises is purchasing a $ 9.6 million machine. It will cost $ 48000 to transport and install the machine. The machine has a depreciable life of five years using​ straight-line depreciation and will have no salvage value. The machine will generate incremental revenues of $ 4.3 million per year along with incremental costs of $ 1.2 million per year.​ Daily's marginal tax rate is 35 %. You are forecasting incremental free cash flows for Daily Enterprises. What are the incremental free cash flows associated with the new​ machine?

The free cash flow for year 0 will be ​$
(Round to the nearest​ dollar.)
The free cash flow for years 1-5 will be ​$
(Round to the nearest​ dollar.)

In: Finance

A new operating system for an existing machine is expected to cost $700,000 and have a...

  1. A new operating system for an existing machine is expected to cost $700,000 and have a useful life of six years. The system yields an incremental after-tax income of $215,000 each year after deducting its straight-line depreciation. The predicted salvage value of the system is $28,200.
  2. A machine costs $510,000, has a $37,700 salvage value, is expected to last eight years, and will generate an after-tax income of $78,000 per year after straight-line depreciation.

Assume the company requires a 10% rate of return on its investments. Compute the net present value of each potential investment. (PV of $1, FV of $1, PVA of $1, and FVA of $1)

In: Accounting

The risks of a cost leadership strategy include all of the following EXCEPT: A. investments in...

The risks of a cost leadership strategy include all of the following EXCEPT:

A. investments in manufacturing equipment can become obsolete due to innovation.

B. firms may fail to understand customers’ perceptions of competitive levels of differentiation.

C. competitors may learn how to successfully imitate their strategy.

D. firms may fail to include enough unique features in the product.

In: Economics

A company purchased land on which to construct a new building for a cost of $350,000....

A company purchased land on which to construct a new building for a cost of $350,000. Additional costs incurred were:

Real estate broker's commissions…………………………. $24,500

Legal fees incurred in the purchase of the real estate…………   1,500

Landscaping……………………………………………….. 8,000

Cost to remove old house located on land……………      3,000

Proceeds from selling materials salvaged from old house    1,000

What total dollar amount should be charged to Land and what amount should be charged to Building or other accounts? Show your work 5 points

In: Accounting

Formulate a cost-benefit analysis for care at a distance, prevention and selfmanagement by the patient.

Formulate a cost-benefit analysis for care at a distance, prevention and selfmanagement
by the patient.

In: Economics