Who is responsible for governing a condominium?

When the number of units in work in process and finished goods inventories decrease, absorption costing net operating income wil

Nastasia [14]

Answer:

b. False

Explanation:

The difference between absorption costing net operating income and variable costing net operating income lies in the fixed costs deferred in closing inventory.

If Production is greater than Sales - Increase in Finished Goods Inventory, Absorption costing net operating income will typically be greater than Variable costing net operating income.

However, If Production is less than Sales - Decrease in Finished Goods Inventory, Absorption costing net operating income will typically be less than Variable costing net operating income.

7 0

2 years ago

Compute the payback period for each of these two separate investments: A new operating system for an existing machine is expecte

Westkost [7]

Answer and Explanation:

The computation of the payback period for each investment is shown below;

For Option 1

= Initial Investment ÷ Annual Cash Flow

= $280,000 ÷ $134,569

= 2.081 Year

Here Annual cash inflow is

= Net income + Depreciation

= $80,769 + (($280,000 - $11,000) ÷ 5)

= $134,569

For Option-2

= Initial Investment ÷ Annual Cash Flow

= $200,000 ÷ $70,429

= 2.84 Year

Here Annual cash inflow is

= Net income + Depreciation

= $44,000 + (($200,000 - $15,000) ÷ 7)

= $70,429

6 0

2 years ago

3. Coarse chopping is usually used for vegetables that will be

Paraphin [41]

Option D is the correct answer. Stewed.

Vegetables can be chopped coarsely when Stew has to cook. Stew is a food that is cooked slowly in liquid in a closed pan.

So when coarse vegetables are cooked on medium flame in the liquid with the lid closed, they are dissolved properly. And there is no need to chop them thin.

3 0

2 years ago

Read 2 more answers

Rossiter Restaurants is analyzing a project that requires $180,000 of fixed assets. When the project ends, those assets are expe

Leviafan [203]

Answer:

Cash in-flow in the last year.

Explanation:

Salvage value, also known as residual value, is the amount that you receive from sale of Property, Plant, and Equipment at the end of useful life. When computing the NPV of any project, we consider all the relevant cash flows of that project. Since, $45,000 will be received when project ends from sale of Fixed asset, so this figure will be treated as Cash in-flow and discounted.

8 0

2 years ago

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be run

tresset_1 [31]

Answer:

Schedule variance = $1,428,140

Schedule Performance Index (SPI) = 1.132

Cost Performance Index = 0.801

Explanation:

Planned Value = $1,414,000 + $10,494,000 + $8,494,000 * 53%

= $20,402,000 * 53%

= $10,813,060

Earned Value = $1,414,000 + $10,494,000 + $8,494,000 * 60%

= $20,402,000 * 60%

= $12,241,200

Schedule Variance = Earned value - Planned value

= $12,241,200 - $10,813,060

= $1,428,140

Schedule Performance Index (SPI)

= Earned value / Planned value

= $12,241,200 / $10,813,060

= 1.132

Actual Cost (AC)

= $1,294,000 + $8,994,000 + $4,994,000

= $15,282,000

Cost Performance Index (CPI)

= Earned value / Actual cost

= $12,241,200 / $15,282,000

= 0.801

3 0

2 years ago