Answer:
total manufacturing costs for the month is $134,400
Explanation:
To compute total manufacturing costs for the month consider only the costs that are factory related.
<u>total manufacturing costs for the month : calculation.</u>
Direct labor 40,900
Indirect materials 16,500
Factory manager salaries 8,500
Factory supplies 10,300
Indirect labor 7,600
Direct materials 41,800
Depreciation—factory equipment 8,800
Total manufacturing costs 134,400
Therefore, total manufacturing costs for the month is $134,400
Answer:
Closing Inventory = $550000
Explanation:
The cost of the closing inventory at December 31 can be calculated by taking the trading part of the income statement where we calculate the cost of the goods sold. The cost of the goods sold is the cost associated with the sale of goods made during the year. The cost of the goods sold is calculated as follows,
Cost of Goods sold = Opening Inventory + Purchases - Closing Inventory
Plugging in the values of Cost of goods sold, opening inventory and purchases, we can calculate the closing inventory.
1025000 = 625000 + 950000 - Closing Inventory
Closing Inventory = 1575000 - 1025000
Closing Inventory = $550000
Answer:
5.98 years
Explanation:
The computation of the payback period is shown below:
In year 0 = -$1,530,000
In year 1 = $305,000
In year 2 = $270,000
In year 3 = $240,000
In year 4 = $240,000
In year 5 = $240,000
In year 6 = $240,000
In year 7 = $240,000
In year 8 = $240,000
In year 9 = $240,000
In year 10 = $240,000
If we added the first 5 year cash inflows than it would be $1,295,000
Now we have to subtract the $1,295,000 from the $1,530,000 , so the amount would be $235,000 as if we sum the six year cash inflow so the total amount is exceeded to the initial investment. So, we subtract it
And, the next year cash inflow is $240,000
So, the payback period equal to
= 5 years + $235,000 ÷ $240,000
= 5.98 years
Answer:
Better financing options. ...
Already established brand. ...
Existing customers. ...
Well-established supply chain. ...
Access to trained staff and proven internal processes. ...
More financial reward in growth. ...
Greater likelihood of success.
Explanation: