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Aleks04 [339]
4 years ago
14

At Pharoah Electronics, it costs $33 per unit ($19 variable and $14 fixed) to make an MP3 player that normally sells for $55. A

foreign wholesaler offers to buy 3,750 units at $28 each. Pharoah Electronics will incur special shipping costs of $1 per unit.
Required:
Assuming that Pharoah Electronics has excess operating capacity, indicate the net income (loss) Pharoah Electronics would realize by accepting the special order.
Business
1 answer:
Nostrana [21]4 years ago
8 0

Answer:

                              Reject Order Accept order     Net Income

                                                                                 Increase (Decrease)

Revenues =                     $0             $105,000             $105,000

                                                  (3750 units x $28)

Costs-Manufacturing =   $0              -$71,250            -$71,250

                                                  (3750 units x $19 (VC) )

Shipping                          $0               -$3,750             -$3,750

                                                   (3750 units x $1)

Net Income                      $0              $30,000            $30,000

Pharoah Electronic would realize the net Income of $30,000 by accepting the special order. Hence, the special order should be accepted.

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On January 1, 2020, Grand Haven, Inc., reports net assets of $880,250 although equipment (with a four-year remaining life) havin
goldfiish [28.3K]

Answer:

$46,350

Explanation:

The Patent is Acquired at the Fair Value at the Acquisition date. They are recognized in consolidated financial statement even when not recorded by the subsidiary for consolidation purposes.

Thus, the patent be reported on Van Buren's consolidated balance sheet at December 31, 2021 is $46,350.

6 0
3 years ago
9. Study Question #9 Ch 7. Evaluate the following statement describing the strategy that East Asia used from the 1970s to the 19
horsena [70]

Answer:

East Asia's accomplishment in accomplishing a high development rate is a miracle.The example of overcoming adversity centers around outside trade,savings of government and above all in teaching young men and young ladies so that by accomplishing high education level they can accomplish high financial growth.East Asia likewise have a high PPP(Purchasing Power Parity)which helped them to accomplish high growth.Countries like China and Japan are putting more in colleges.  

Fare - situated methodology assumes a significant job being developed of East Asia.Many nations like Japan,Taiwan,China moved to send out polocies to cultivate high econmic growth.Of course,open exchange will be a significant development driven motor and the creating nations will considered it as a most significant weapon in accomplishing growth.Thus,industrialisation is a significant rebound for East Asia to accomplish high financial development.  

Therefore,industralisation,openness to trade,educational accomplishment and import-send out approaches helped East Asia to accomplish high econmic development.  

(b)We know the idea of 'theory of unavoidable losses or Total Factor Productivity.It states that at one point including one extra factor of creation brings about a lessening increment in output.For example,if we utilize laborers to fabricate an item then at a specific level the creation is steady and by utilizing more,the yield decreases.So we can say that the given articulation is valid.  

TFP is a significant factor for high development rate.East Asian nations have accomplished a high growth.Most of this is from factor accumulation.East Asia TFP can't and along these lines the nations lost their normal development achievement.High monetary development brings about low TFP.

8 0
4 years ago
Edna is a 25-year-old employee who is thinking about opening a retirement account. When she checked, she found that her employer
mars1129 [50]

Answer:Go to a broker or bank to open up an IRA account which offers an individual valuable tax benefits for people who want to save for retirement.

Explanation: Since Edna company doesn't offer any tax retirement benefits to its employees, in which they would have offered her a 401(k)s which is usually offered by employers. An IRA will help her have access to various investments Adnan individual retirement saver.

6 0
3 years ago
RealTurf is considering purchasing an automatic sprinkler system for its sod farm by borrowing the entire $65,000 purchase price
lesantik [10]

Answer:

The project return is lower than the minimum accepted of 15% thus not profitable for the company

Net Present Value -1.279,86‬

Explanation:

<u>Loan Present value</u>

PMT of the loan:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 65,000

time   4

rate 0.12

65000 \div \frac{1-(1+0.12)^{-4} }{0.12} = C\\

C  $ 21,400.238

Present value at MARR:

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C $21,400.24

time 4 years

rate 0.15

21400.2383598698 \times \frac{1-(1+0.15)^{-4} }{0.15} = PV\\

PV $61,097.2175

<u>Salvage value:</u>

\frac{Salvage }{(1 + rate)^{time} } = PV  

Salvage $9,000

time  9 years

rate  0.15000

\frac{9000}{(1 + 0.15)^{9} } = PV  

PV   2,558.36

<u>Cost savings present value:</u>

Cost savings per year:           25,000

less maintenance expenses (13,000)

net cash flow                          12,000

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C $ 12,000

time 9 years

rate 0.15

12000 \times \frac{1-(1+0.15)^{-9} }{0.15} = PV\\

PV $57,259.0070

Net Present Value

PV cost savings + PV salvage - PV loan payment

57,259 + 2,558.36 - 61,097.22 = -1.279,86‬

3 0
3 years ago
One result of globalization is that countries, businesses, and people become increasingly interdependent. a. True b. False
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Answer:

The Given Statement is True

Explanation:

It is true that globalization causes the businesses, countries and people to become increasingly interdependent. Globalization means operating internationally which causes the people, businesses and the countries to depend on each other. Globalization is also used to describe the increasing interdependence of countries, people and businesses.

3 0
3 years ago
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