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andre [41]
2 years ago
12

Jordan Freight Company owns a truck that cost $41,000. Currently, the truck’s book value is $24,000, and its expected remaining

useful life is five years. Jordan has the opportunity to purchase for $30,600 a replacement truck that is extremely fuel efficient. Fuel cost for the old truck is expected to be $6,500 per year more than fuel cost for the new truck. The old truck is paid for but, in spite of being in good condition, can be sold for only $17,000. Required Calculate the total relevant costs. Should Jordan replace the old truck with the new fuel-efficient model, or should it continue to use the old truck until it wears out?
Business
1 answer:
kodGreya [7K]2 years ago
4 0

Jordan Freight Company owns a truck that cost $41,000. Reconstruction Currently, the truck’s book value Republican is $24,000, and its expected remaining useful life is five years. Jordan has the opportunity to purchase for $30,600.

Reconstruction failed by most other measures: Radical Republican legislation ultimately failed to protect former slaves from white persecution and failed to engender fundamental changes to the social fabric of the South. When President Republican B. federalism debate that had been an issue since the 1790s almost mediately . Hayes removed federal troops from the South in 1877, former Confederate officials and slave returned to With the support of a conservative Supreme Court, these newly empowered white southern politicians passed black codes, voter qualifications, and other anti-progressive legislation to reverse the rights that blacks had gained during Radical Reconstruction. The U.S. Supreme Court bolstered this anti-progressive movement federalism  with decisions in the Slaughterhouse Cases, the Civil Rights Cases, and United States v.

Learn more about Reconstruction on:
brainly.com/question/24761999

#SPJ1

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Say one morning you are considering whether to take UBER or riding the train to work. Both mediums would cost you about $4, but
muminat

Answer:

B

Explanation:

The flat fee paid for the train represents sunk cost. sunk cost is cost that is incurred and cannot be recovered. it should not be considered when making future decisions

You value getting to work early, the Uber is faster, so you should take the uber

6 0
2 years ago
Selling price per unit is $68
kari74 [83]

Answer:

Income statement

Sales Revenue                                                                     $  612,000

Variable Overhead cost                                                      $  (315,000)

Fixed manufacturing overhead                                            <u>$ ( 126,000)</u>

Gross Profit                                                                            $   171,000      

Variable Operating expenses                                              $ (    27,000)

Fixed Operating expenses                                                    <u>$(    93,000)</u>

Net Income                                                                              $    51,000

Explanation:

Income statement

Sales Revenue ( 9,000 units * $ 68)                                    $  612,000

Variable Overhead cost ( 9,000 * $ 35 )                             $  (315,000)

Fixed manufacturing overhead                                            <u>$ ( 126,000)</u>

Gross Profit                                                                            $   171,000      

Variable Operating expenses ( $ 3 * 9000 units)               $ (    27,000)

Fixed Operating expenses                                                    <u>$(    93,000)</u>

Net Income                                                                              $    51,000

4 0
2 years ago
Mayer Company uses a process cost system. The Molding Department adds materials at the beginning of the process and conversion c
CaHeK987 [17]

Answer:

Mayer Company

MAYER COMPANY

Molding Department

Production Cost Report

For the Month Ended May 31, 2013

Units to be accounted for

Work in process, May 1       8,000

Started into Production     27,000

Total units                          35,000

Equivalent Units:

Units accounted for           Units       Materials    Conversion

Transferred out                30,000      30,000         30,000

Work in process, May 31    5,000        5,000           2,000

Total equivalent units      35,000      35,000         32,000

Costs Unit costs   Materials    Conversion Costs     Total

Costs in May       $140,000       $160,000              $300,000

Equivalent units     35,000           32,000

Unit costs             $4.00             $5

Costs to be accounted for

Work in process, May 1    $60,000

Started into production $240,000

Total costs                     $300,000

Cost Reconciliation Schedule   Materials Conversion  Total cost

Costs accounted for

Transferred out                         $120,000  $150,000     $270,000

Work in process, May 31              20,000       10,000         30,000

Total costs accounted for        $140,000   $160,000    $300,000

Explanation:

a) Data and Calculations:

Beginning WIP 75% complete to conversion

Ending WIP 40% complete to conversion

Work in process, May 31    5,000

Materials =  5,000 (100% * 5,000)

Conversion 2,000 (40% * 5,000)

4 0
2 years ago
A firm has 120,000 shares of stock outstanding, a sustainable rate of growth of 3.8%, and $648,200 in next year's free cash flow
True [87]

Answer:

option (D) $52.96

Explanation:

Data provided in the question:

Number of stock outstanding = 120,000 shares

Growth rate, g = 3.8% = 0.038

Free cash flow in the next year =  $648,200

Required rate of return, r = 14% = 0.14

Now,

Stock price is calculated as:

Stock price = \frac{\frac{\textup{Free cash flow}}{r-g}}{\textup{Number of shares outstanding}}

on substituting the respective values, we get

Stock price = \frac{\frac{\$648,200}}{0.14-0.038}}{\textup{120,000}}

or

Stock price = 52.957 ≈ $52.96

Hence,

the correct answer is option (D) $52.96

7 0
3 years ago
Sweet Dreams sells pillows for $25 each. Variable costs are $15 per pillow. The company is considering improving the quality of
anastassius [24]

The impact of this change on total contribution margin would be : decrease in contribution margin by $3,000

<h3>What is contribution margin?</h3>

Contribution margin is a product's price minus all associated variable costs, resulting in the incremental profit earned for each unit sold.

In this question, we have to apply the contribution margin formula which is shown below:

Contribution margin = Sales - variable cost

Where,

Sales =  Selling price per pillow × number of pillows sold

= $25 × $1,200

= $30,000

And, the variable cost

= Variable cost per pillow × number of pillows sold

= $15 × $1,200

= $18,000

So, the contribution margin equals to

= $30,000 - $18,000

= $12,000

Now due to material improvement,

The new Sales

=  Selling price per pillow × updated number of pillows sold

= $25 × $1,500

= $37,500

And, the variable cost

= Variable cost per pillow × updated number of pillows sold

= $15 × $1,500

= $22,500

So, the new contribution margin equals to

= $37,500 - $22,500

= $15,000

Hence, the contribution margin decrease by $3,000 ($15,000 - $12,000)

Learn more about contribution margin here : brainly.com/question/24309427

8 0
2 years ago
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