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djverab [1.8K]
3 years ago
13

Pita Pub leased a specialty machine for a five-year non-cancelable term. At the end of the five-year term, Pita Pub has four con

secutive one-year renewal options. A replacement machine can be acquired, but due to an expensive installation process and Pita Pub’s lease term for its mall location, Pita Pub expects to lease the machine for seven years. What is the lease term?
Business
1 answer:
natita [175]3 years ago
8 0

Answer: 7 years

Explanation:

A lease is an agreement between parties for the use of an asset by one of the parties whilst paying the other party for the usage. The party leasing is known as the lessor and the party being leased to is the Lessee.

The lease term in this scenario consists of the original non-cancelable 5 years and then an additional 2 year consecutive renewal which Pita Pub is entitled to and wants to exercise due to high installation costs and the lease term for their location. So that brings the total to 7 years.

If you need any clarification do comment.

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The master budget of Swifty Corporation shows that the planned activity level for next year is expected to be 50000 machine hour
anygoal [31]

Answer:

$1,068,000

Explanation:

The computation of the total manufacturing overhead cost should be

Total variable manufacturing overhead for 50,000 machine hours is

= Indirect labor + Machine supplies +Indirect materials

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Now  

Variable manufacturing overhead per machine hour is

= Total variable manufacturing overhead cost ÷ Number of machine hours

= $840,000 ÷ 50,000

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And,

Total variable manufacturing overhead for 60,000 machine hours

= Variable manufacturing overhead per machine hour × 60,000

= $16.80 × 60,000

= $1,008,000

Now the total manufacturing overhead cost should be  

= 1,008,000  + 60,000

= $1,068,000

4 0
3 years ago
Which of the following statements is normative?
djverab [1.8K]

Answer:

C. As there is no external influence other than just tax and the government changing it.

Explanation:

5 0
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Every day at Coat Tech, Bill sands down cars and then Brian removes the dust. Next, Loni sprays primer on them, and Katie sprays
MaRussiya [10]

Answer:

Coat Tech’s workers have Sequential  interdependence..

Explanation:

Sequential interdependence occurs when one unit in the overall process produces an output necessary for the performance by the next unit.

8 0
3 years ago
What is the weighted average cost of capital if a business has a cost of equity of 12%, a cost of debt
attashe74 [19]

To calculate the weighted average cost, divide the total cost of goods bought by the numeral of units available for sale. To find the cost of goods available for sale, you'll need the total amount of beginning products and recent purchases.

<h3>What is the weighted average cost method?</h3>

In accounting, the Weighted Average Cost (WAC) method of inventory valuation uses a weighted standard to determine the amount that goes into COGS and inventory. The weighted middle cost method divides the cost of goods available for sale by the number of units available for sale

<h3>How do you calculate the weighted moderate cost of capital?</h3>

WACC is calculated by multiplying the cost of each money source (debt and equity) by its appropriate weight by market value, and then adding the outcomes together to select the total.

To learn more about Weighted Average Cost, refer

brainly.com/question/8287701

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4 0
1 year ago
Explain how the boss at the company in the following scenario could have delegated the tasks more appropriately : Samuel and Mar
OverLord2011 [107]

Answer:

Should have had Martha negotiate the logistics of the financial deal then have Samuel come up with the strategy plan

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Samuel is quality control so he would know how to come up with a plan to best fit customer and company need assuring that both parties get the most out of the exchange and or business agreement

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3 years ago
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