Depletion

A coal mine was acquired at a cost of $1,500,000 and estimated to contain 6,000,000 tons of ore. During the year, 100,000 tons were mined and sold. Prepare the journal entry for the year's depletion expense. If an amount box does not require an entry, leave it blank.

A silver mine was acquired at a cost of $3,000,000 and estimated to contain 750,000 tons of ore. During the year, 125,000 tons were mined and sold. Prepare the journal entry for the year's depletion expense. If an amount box does not require an entry, leave it blank.

Prepare the entries using a general journal.

there are 2 entries per journal

How to make better decisions in determining. cost of cars depending on their characteristics, and the demands on most cars depending on safety, price, features, etc. Write minimum of 150 words report to the management (manufacturer) on automobile demand and automobile characteristics. Include how buyers numbers increase when the car is lower price but better features.

Illustrate and explain your understanding from Time-Cost tradeoff Scheduling?

In a random sample of four microwave​ ovens, the mean repair cost was $85.00 and the standard deviation was $12.00. Assume the population is normally distributed and use a​ t-distribution to construct a 99​% confidence interval for the population mean mu. What is the margin of error of mu? Interpret the results. The 99​% confidence interval for the population mean mu is?

A student planning a career in management wondered why it was important to learn cost and management accounting. How would you respond? Give some examples to support your point of view.

1- Your firm is has equity of $2,460,000.00 and debt of $1,480,000.00 and the cost of the equity is 11.70% and the cost of the debt is 6.60%. Given that the tax rate is 15.00%, what is your firm's weighted average cost of capital (WACC)? (enter your value as a percent (i.e. 20.5 for 20.5%) tolerance is 0.1)

2- Your firm is has equity of $2,270,000.00 and debt of $4,060,000.00. The firm has been estimate to have a beta of 1.50 and the expected market risk premium (MRP) is 4.72% with the risk-free rate at 3.58%. The firm just recently issued bonds which traded at $905.58 on it's issue date and they have a 10-year maturity (assume standard corporate bonds). The stated rate on the bonds was 3.60%. What is your firm's weighted average cost of capital (WACC) if the tax rate is 30.00%? (enter your value as a percent (i.e. 20.5 for 20.5%) tolerance is 0.1)

Payback: Quebec Ltd is purchasing machinery at a cost of $4,424,766. The company expects, as a result, cash flows of $751,751, $1,196,086, and $2,756,146 over the next three years. The payback period is

years.

(Round your answer to 2 decimal places. All intermittent calculations should be rounded to 4 decimal places before carrying to next calculation.)

stages of life cycle cost with definition

effects of life cycle costing

You consider a new piece of equipment that will cost $400,000, and will require $20,000 for shipping and installation. NWC will increase immediately by $25,000. The project will last 3 years and the equipment has a 5 year class life. Revenues will increase by $220,000/year, and defect costs will decrease by $220,000/year. Operating costs will increase by $30,000/year. The market value of the equipment after year 3 is $200,000. The cost of capital is 12%; marginal tax rate is 30%. What is the NPV?