Answer:
a. $316,920
Explanation:
The computation of the net present value for Project A is shown below:
The net present value = Cash inflow after considering the discount factor - initial cost or initial investment
Cash inflow after considering the discount factor = $7,400,000
The discount factor for 4 years at 18% = 0.5158
So, the cash inflow is
= $7,400,000 × 0.5158
= $3,816,920
And, the initial investment is $3,500,000
So, the net present value is
= $3,816,920 - $3,500,000
= $316,920
Answer: Protective tariff
Explanation: Protective tariffs are basically designed to protect the domestic producers from foreign competition. These tariffs raise the retail price of imported products making them expensive in comparison to domestic products and thereby making domestic products more competitive.
Thus, by placing a tax on imported equipment in order to make it more expensive, these industries hope that <em>Protective tariff</em> will allow u.s. producers to be more competitive.
Answer:
the desired ending inventory for JUne is 4,350 yards
Explanation:
the computation of the desired ending inventory for JUne is shown below;
= June production × given percentage × number of yards taken
= 14,500 units × 10% × 3 yards
= 4,350 yards
Hence, the desired ending inventory for JUne is 4,350 yards
The same should be considered and relevant
He is said to be ministering in Crete
Answer:
1. $28 per Direct Labor Hour
2. 140% of Direct Labor Cost
3. $35 per Machine Hour
Explanation:
(1) Predetermined manufacturing overhead rate:
= Total estimated amount of a Manufacturing Overhead ÷ Total estimated Direct Labor Hours
= $1,400,000 ÷ 50,000
= $28 per Direct Labor Hour
(2) Predetermined manufacturing overhead rate:
= (Total estimated amount of a Manufacturing Overhead ÷ Total estimated Direct Labor Cost) × 100
= ($1,400,000 ÷ $1,000,000) × 100
= 140% of Direct Labor Cost
(3) Predetermined manufacturing overhead rate:
= Total estimated amount of a Manufacturing Overhead ÷ Total estimated Machine Hours
= $1,400,000 ÷ 40,000
= $35 per Machine Hour