My cat wishes you luck. She said you deserve all the cat food in the world
Answer:
C) No, because the project's rate of return is 16.45 percent
Explanation:
Year 0: CF = -132.,000
Year 1: CF = 97,000
Year 2: CF = 42,000
Year 3: CF = 28,000
using an excel spreadsheet we can calculate the project's IRR = 16.45%
the company established as a rule that it will only accept projects whose IRR is higher than 17%, but since this project's IRR is lower (16.45%), then it should be rejected.
Recycling materials lead to spending less money on reclamation because re-cycled materials are usually much more cheaper than raw materials.
Answer:
$2575
Explanation:
Total variable overhead estimated=(6*31,500)= $189,000
Hence total overhead estimated=Total variable overhead estimated+Total fixed overhead estimated = $189,000 + $220,500 = $409,500
Hence, predetermined overhead rate = $409,500 / 31,500 = $13 per machine hour
Hence, total overhead applied=(13*400) = $520
Hence, total job cost=Direct material+Direct labor+Total overhead = $685 + $1,370 + $520 = $2575
