Answer:
$16,000
Explanation:
With regards to the above information, we are only concerned with calculating the value of 20 tons of styrene to the company, hence other information are not relevant.
The total value of the 20 tons of styrene monomer to the company would be ;
= 20 tons of styrene monomer × Market price of styrene monomer per ton
= 20 × $800
= $16,000
Answer:
d. $1,875 unfavorable
Explanation:
Direct material quantity variance is computed as;
= (AQ - SQ) × SP
AQ = Actual quantity = 6,300 units
SQ = Standard quantity = 14,200 / 2 = 7,300 units
SP = Standard price = $0.80
Direct material quantity variance
= (6,300 - 7,300) × 0.80
= -1,000 × $0.80
= -1,875 unfavorable
Answer:
The advertising spend would reduce income taxes by $2.8 million
Explanation:
The advertising expense since it is allowable expense from profits made in the year would reduce income taxes next year by $2.8 million ($8 million *35%)
This means that because of its tax deductibility,it would make a business sense to incur the advertising cost of $8 million coupled with the fact the it has the potential to increase sales revenue over and above the current level of $280 million
One typical relationship between time and interest rate would be simple interest rate. It is the most simplest interest rate however it is not used nowadays since it does not account for all cost along the value of the money. For this relationship, interest rate is directly proportional with time.
Answer:
Yes it would be profitable to replace a year old machine.
Explanation:
its always best to buy new things to replace others.
old things usually dont work correctly and could be out of date.
buying something new can reduce that probability of not working correctly
