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frez [133]
3 years ago
13

The company manufactures three-wheeled bikes for adults. The company allocates manufacturing overhead based on machine hours. Ce

dar River expects to incur $250,000 of manufacturing overhead costs, and to use 10,000 machine hours during fiscal year 2018. Cedar River reported the following inventories at May 31, 2018:
Business
1 answer:
GrogVix [38]3 years ago
5 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The company allocates manufacturing overhead based on machine hours. Cedar River expects to incur $250,000 of manufacturing overhead costs and to use 10,000 machine hours during the fiscal year 2018.

<u>We were not provided with enough information or even what is required. But, we can provide with some formulas to guide the problem:</u>

<u />

First, we need to calculate the estimated overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 250,000/10,000= $25 per machine hours.

To allocate the overhead we need to use the following formula:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Suppose 8,000 machine hours were necessary:

Allocated MOH= 25*8,000= $200,000

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Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mullett Manufacturing earned operating inc
Nady [450]

Answer:

1.  $425,000

2. 10.49%

3. 1.25

4. 13.11%

Explanation:

The computations are shown below:

1. For Average operating assets

=  (Beginning Operating Assets + Ending Operating Assets) ÷ 2

= (390,000 + 460,000) ÷ 2

= $425,000

2. For margin:

= Net Operating Income ÷ Sales × 100

= $55,750 ÷ $531,250 × 100

= 10.49%

3. For turnover:

= Sales ÷ Average Operating Assets

= $531,250 ÷ $425,000

= 1.25

4. For return on investment:

= Net Operating Income ÷ Average Operating Assets

= $55,750 ÷ $425,000

= 13.11%

3 0
3 years ago
The questionnaire used in Fiedler's model to determine leadership orientation is called the
Yakvenalex [24]

The answer to the question is (B) least preferred coworker scale.

Fiedler uses this for his contingency leadership model, which describes how the best leader is the ones who showcased the best behaviors to manage the circumstances that he or she finds themselves in.

The LPC (least-preferred coworker scale) <u>measures an individual’s leadership orientation, where high scores have high human relations orientation and low scorers have high task orientation.</u>

3 0
3 years ago
A mining company is considering a new project. Because the mine has received a permit, the project would be legal; but it would
IgorLugansk [536]

Answer:

With mitigation: NPV =$36,670,000, IRR= 15,24%

Without mitigation: NPV= $ 42,000,000, IRR= 19,86%

Explanation:

To calculate the Net Present Value (NPV) we have to sum the present value of a project´s cash flows (positive and negative cashflows). To do so, we need: the number of periods of the project, the discount rate, cost of captal  or WACC, and the future values of the cash flows. Then we apply the formula attached.

To calculate the Internal Rate of Return (IRR) we have to find the discount rate, cost of capital or WACC that makes the NPV equal to cero. That means we have to find a rate in which the investor do not create or destroy value, only recovers the investment. I attached the formula.

But, this is better if we use excel:

First we copy the cash flows of the two projects. To find the NPV we use the financial formula "NPV" in this way:

"=NPV(rate;cash flows from year 1 to year 5)+ cash flow of year 0"

To find the IRR we use the financial formula "IRR" in this way:

"=IRR(cash flows from year 0 to year 5)"

I attached the excel figure.

6 0
3 years ago
A machine purchased 1 year ago for $85,000 costs more to operate than anticipated. When purchased, the machine was expected to b
goblinko [34]

Answer:

Value of S=$25000.

Explanation:

Value of P= $75000

Value of n= 5 years

Value of AOC= $36000+ $1500k (k=1 to 5)

Since the salvage value would be after 5 years=

S=($75000- $10000*5) = $75000- $50000= $25000.

Value of S=$25000.

4 0
3 years ago
Nico is saving money for his college education. He invests some money at 99​%, and ​$17001700 less than that amount at 4 %.4%. T
Rufina [12.5K]

Answer:

Nico invest $2500 at 9% interest rate and $800 at 4% interest rate.

Explanation:

He invests some money at 9​%, and ​$1700 less than that amount at 4 %.

Let Nico invest $x at 9%.

It means he invest $( x-1700) at 4%.

The investments produced a total of ​$257 interest in 1 yr.

x\times \frac{9}{100}+(x-1700)\times \frac{4}{100}=257

0.09x+(x-1700)0.04=257

0.09x+0.04x-68=257

0.13x-68=257

Add 68 on both sides.

0.13x=257+68

0.13x=325

Divide both sides by 0.13.

x=2500

Nico invest $2500 at 9% interest rate.

x-1700=2500-1700=800

Nico invest $800 at 4% interest rate.

Therefore Nico invest $2500 at 9% interest rate and $800 at 4% interest rate.

5 0
3 years ago
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