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abruzzese [7]
3 years ago
15

The Tolar Corporation has 500 obsolete desk calculators that are carried in inventory at a total cost of $720,000. If these calc

ulators are upgraded at a total cost of $130,000, they can be sold for a total of $190,000. As an alternative, the calculators can be sold in their present condition for $50,000.What is the financial advantage (disadvantage) to the company from upgrading the calculators?
Business
1 answer:
Arisa [49]3 years ago
7 0

Answer:

Financial advantage = $10,000

Explanation:

Since the calculators are obsolete, in the current state they only have value of $50,000

If further processed,

Sales = 190,000

Processing cost = 130,000

Total profit after processing = 190,000 - 130,000 = $60,000

The financial advantage of processing further = 60,000 - 50,000

Financial advantage = $10,000, the calculators should be processed further.

Hope that helps.

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Precision Company estimates its machine-hour requirements for the four quarters to be 35,000 hours, 20,000 hours, 15,000 hours,
Snezhnost [94]

Answer:

$400,000

Explanation:

total variable manufacturing overhead = sum of total machine hours required during the year x variable manufacturing overhead rate per machine hour

= (35,000 hours + 20,000 hours + 15,000 hours + 30,000 hours) x $4 per machine hour = 100,000 machine hours x $4 per machine hour = $400,000

total fixed manufacturing overhead = $50,000 per quarter x 4 quarters = $200,000

3 0
3 years ago
Operating activities include long-term borrowing and repaying cash from lenders, and cash investments by or dividends paid to st
Phantasy [73]

Answer:

False (B)

Explanation:

Long-term borrowing & repaying cash from lenders

Long-term borrowing will be classified under financing activities as it represents capital sourced from loan investors (e.g Bondholders,Banks e.t.c). As for repaying cash from lenders, capital repayment will be classified under financing activities while interest is recognized either under operating or financing activity.

Cash investments by or dividends paid to stockholders.

Cash investment by stockholders will be categorized under financing activities while dividend paid can either be categorized as operating or financing activity.

4 0
3 years ago
What is one advantage corporations have over other types of businesses?
mote1985 [20]

Answer:D . Corporations have a nearly unlimited life span .

Explanation: just took apex test

3 0
3 years ago
Which are costs of a college education? Check all that apply.;;;;// tuition; /federal grants/; books and fees/; room and board /
Charra [1.4K]
-tuition (you need to pay for your education)
-books and fees (materials you need and other miscellaneous fees)
-room and board (you obviously need a place to stay while in college)
-student loan interest (if you opt to get a loan instead of paying for your tuition on the spot)
5 0
3 years ago
Read 2 more answers
The income effect, the substitution effect, and diminishing marginal utility together explain:______.
lorasvet [3.4K]

The income effect, the substitution effect, and diminishing marginal utility together explain the Downsloping Demand Curve.

The Downsloping Demand Curve is explained by each of them. Because marginal utility decreases as more of a thing are consumed, a consumer's demand curve for that product slopes downward.

Income Effect: The change in demand for a good or service brought on by a shift in a consumer's purchasing power as a result of a change in real income is known as the income effect.

Substitution Effect: The substitution impact is the decline in sales of a product brought on by customers switching to less expensive substitutes when the price of the product increases.

Diminishing Marginal Utility: The phenomenon known as diminishing marginal utility describes how each extra unit of gain results in an ever-smaller rise in subjective value.

The income effect, the substitution effect, and diminishing marginal utility together explain the Downsloping Demand Curve.

To learn more about the above topics, visit the following link:

brainly.com/question/14397364

#SPJ4

3 0
2 years ago
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