Answer:
The amount to be reported as the cost of the land is $ 114,200
Explanation:
Cash paid for the land = $ 98,000
Net cost of demolishing old ware house = $ 11,000 - $ 3,100 = $ 7,900
Attorney's fee = $2,000
Real estate broker's fee = $ 6,300
Total cost of the land = Cash paid for the land + Net cost of demolishing old ware house + Attorney's fee + Real estate broker's fee
= $98,000 + $ 7,900 + $2,000 + $ 6,300
= $ 114,200
That would be a Bass Drum
Answer:
b. $ 264
Explanation:
Engineering
design mat. handling Setup Total
$6,000 $5,000 $3,000 $14.000
2 for X-rays 400 8 for X-rays
1 for ultrasound 600 7 for ultrasound
costs fro producing 100 ultrasound machines:
- direct materials $8,000
- direct labor $12,000
- design costs = ($6,000/3) x 1 = $2,000
- setup costs = ($3,000/15) x 7 = $1,400
- material handling costs = ($5,000/1,000 parts) x 600 = $3,000
total production costs = $26,400
production costs per unit = $26,400 / 100 units = $264
Answer and Explanation:
The computation is shown below:
a) Liabilities to equity ratio is
= $200 ÷ ($500 - $200)
= 0.667
Times interest earned ratio is
= EBIT ÷ Interest expense
= $120 ÷ $28
= 4.285
Times burden covered is
= EBIT ÷ (Interest +Principal repayment ÷ ( 1 -tax rate))
= 120 ÷ (28+24 ÷ (1-0.4))
= 1.764
b)
Interest paying requirements
= ($128 - $20) ÷ 120
= 76.7%
Principal and interest requirements
= [$120 - ($28 + $24 ÷ (1-0.4))] ÷ 120
= 0.433 or 43.3%
Principal, Interest and Common dividend payments -
= [$120 - ($28 + (($24 + 0.3 × 20) ÷ (1 - 0.4))] ÷ 120
= 0.35 or 35%
Answer: C. 1.4
Explanation: Cycle times measures business cycles from start to finish. The longest task time is equal to the minimum cycle time in a series of time that is needed to produce a particular product and this is because the predetermined task times govern a range of possible cycle times.