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harina [27]
3 years ago
6

Sarasota Company has a factory machine with a book value of $86,300 and a remaining useful life of 7 years. It can be sold for $

33,500. A new machine is available at a cost of $359,000. This machine will have a 7-year useful life with no salvage value. The new machine will lower annual variable manufacturing costs from $623,300 to $461,800. Prepare an analysis showing whether the old machine should be retained or replaced.
Business
1 answer:
RUDIKE [14]3 years ago
4 0

Answer:

See the explanation for answer

Explanation:

Analysis showing whether the old machine should be retained or replaced is as prepared below:

                                                     Retain        Replace            Net Income

                                              Equipment     Equipment      Increase(Decrease)                            

Variable manufacturing costs 43,63,100 32,32,600 11,30,500

New machine costs                     0    3,59,000 -3,59,000

Sell old machine                             0          -33,500          33,500

Total                                       43,63,100   35,58,100   8,05,000

The old factory machine should be replaced as there is increase in net income by 805,000 when old machine is replaced.

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The computer accessories that Javier is making and
andrezito [222]

Answer:

E. Profit motive

Explanation:

Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.

This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.

Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.

In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.

Thus, this is an example of profit motive.

4 0
3 years ago
Cullumber Company had a beginning inventory on January 1 of 75 units of Product 4-18-15 at a cost of $18 per unit. During the ye
lora16 [44]

Answer:

Weighted average:

EI:            2,290

COGS:     9, 160

LIFO

EI:            2,400

COGS:     9,050

FIFO

EI:            3,000

COGS:     8,450

Explanation:

beginning 75 units at $ 18 = $  1,350

Mar. 15    200 units at $21 =  $ 4,200

Sept. 4    175 units at $24 =  $ 1,800

July 20   125 units at $22 =  $ 2,750

Dec. 2      50 units at $27 =  $ 1,350

total units:  625 units cost of goods available: 11,450

average cost: 11,450/625  =  $ 18.32 per unit

inventory units: 625 - 500 = 125 units

Weighted average:

EI:          125 x $18.32 = 2,290

COGS: 500 x $18.32 = 9, 160

500 units were sold

LIFO:

last units are sold while frist are inventory

ending inventory

beginning 75 units at $ 18 = $  1,350

Mar. 15      50 units at $21 =  $<u>  1,050  </u>

                                  Total      2,400

COGS: available - ending inventory

11,450 - 2,400 = 9,050

FIFO

first units are sold while last are inventory

Dec. 2      50 units at $27 =  $ 1,350

July 20     75 units at $22 =  $ <u>1,650   </u>

                                  Total      3,000

COGS: available - ending inventory

11,450 - 3,000 = 8,450

7 0
3 years ago
Cheng is a district manager for a health insurance company. recent reports indicated that cheng's district was not performing as
aleksklad [387]

(B) is correct i.e. low of self esteem.

  • Self esteem means confidence in oneself, its overall your opinion what to do, what is your interest, what do you think about your abilities, & what are you limitations.
  • District Manager, this is such a renowned position which requires a lot of self- confidence, good communication, leadership and many more.
  • Here Cheng's point of view is very negative, he is full of low confidence in himself , don't have patience and leadership quality so that he can manage the situation in the district. From my point of view blaming yourself can't be the solution of it.
  • Cheng's should have that much confidence in himself than only he can manage the situation & can bring his district over the other.

Learn more about this here-

<em>brainly.com/question/8992294</em>

<em>#SPJ10</em>

8 0
1 year ago
The musical instrument store estimates costs of $18,750.00 annually to carry inventory of musical instruments and accessories. t
guapka [62]
To find the value of the inventory to the nearest cent: 
Estimated costs are: $18,750
Storage costs: 12%
Interest costs: 12%
Transportation costs: 5%
Let's add the costs up: 12% + 12% + 5% = 29%  

We are solving for the value of inventory so in this case we will make that X.
X = estimated costs/interest amounts 
X = $18,750/29% 
X = $18,750/0.29
X = $64,655.17

The value of the inventory is $64,655.17

To check your work you can take $64,655.17 and multiply it by 29%
= $18,750
6 0
3 years ago
Mark is an excellent cook. He does not have any formal training but learned to cook by following the recipes of several famous c
Yuri [45]
My answer would be self interest
3 0
3 years ago
Read 2 more answers
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