Smart phones

MacDonald Products, Inc., of Clarkson, New York, has the option of (a) proceeding immediately with production of a new top-

Romashka-Z-Leto [24]

Answer:

The EMV for option a is $5,679,100

The EMV for option b is $5,719,200

Therefore, option b has the highest expected monetary value.

Explanation:

The EMV of the project is the Expected Money Value of the Project.

This value is given by the sum of each expected earning/cost multiplied by each probability.

So

a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing.

There are these following probabilities:

77% probability of selling 100,000 units at $610 each.

23% probability of selling 70,000 units at $610 each.

So

$EMV = 0.77*E_{1} + 0.23*E_{2}$

$E_{1} = 100,000*610 = 6,100,000$

$E_{2} = 70,000*610 = 4,270,000$

$EMV = 0.77*E_{1} + 0.23*E_{2} = 0.77*(6,100,000) + 0.23*(4,270,000) = 5,679,100$

(b) having the value analysis team complete a study.

There are these following probabilities:

74% probability of selling 85,000 units at $720.

26% probability of selling 70,000 units at $720.

The cost of value engineering, at 120,000. So this value is going to be dereased from the EMV.

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000$

$E_{1} = 85,000*720 = 6,120,000$

$E_{2} = 70,000*720 = 5,040,000$

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000 = 0.74*6,120,000 + 0.26*5,040,000 - 120,000 = 5,719,200$

4 0

3 years ago

The field of accounting that reports according to generally accepted accounting principles (GAAP) is called:cost accounting.fina

Flauer [41]

Answer:

Financial accounting

Explanation:

The Generally accepted accounting principle (GAAP) is the standard, principles and procedures that accountant must follow or adhere to when compiling financial statements. The major objective of GAAP is to make the accounting process uniform so financial reports are comparable from one company to another.

4 0

3 years ago

Which industry is Amazon involved in ?

k0ka [10]

Answer:

Cloud computing e-commerce artificial intelligence consumer electronics digital distribution self-driving cars

Explanation:

8 0

3 years ago

Read 2 more answers

), AP At the end of its first year, the trial balance of Wolowitz Company shows Equipment $30,000 and zero balances in Accumulat

Sliva [168]

Based on the depreciation balances and the equipment, the adjustments to the T-accounts and the Balance sheet will be:

Date Account title Debit Credit

December 31 Depreciation expense $3,750

Accumulated depreciation on $3,750

equipment

T account

Depreciation expense Equipment

December 31 $3,750

T account

Accumulated Depreciation on Equipment

December 31 $3,750

Balance sheet presentation

Assets

Property, Plant, and Equipment:

Equipment $30,000

Less: Accumulated depreciation <u> ($3,750) </u>

Equipment (Net book value) <u> $26,250</u>

<h3>What are the entries?</h3>

Depreciation of $3,750 will be debited to the depreciation expense account. The accumulated depreciation account will be credited by the same amount.

In the balance sheet, the equipment value will be reduced by the depreciation amount to $26,250.

Find out more on depreciation at brainly.com/question/1287985.

3 0

2 years ago

Milo has received several credit card offers. Which of the following features is the riskiest?

natka813 [3]

High credit limit Fixec intetest

5 0

3 years ago