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3 years ago

7

Rogers Manufacturing's overhead at year-end was underapplied by $5,800, a small amount given the firm's size. The year-end journ

al entry to record this amount would include:

1 answer:

Maksim231197 [3]3 years ago

3 0

Answer:

Date Account Title and Explanation Debit Credit

XXXX Cost of goods sold $5,800

To manufacturing overhead $5,800

(Entry for unapplied overhead transfer to cost of goods sold)

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Incorrect Statement about the Statement of Cash Flows:

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3 years ago

Research has found that employees whose managers participated in leadership training programs reported ________ afterwards.

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2 years ago

9. Mackenzie PLC is considering expanding a production line. The new equipment for the line will cost $255,000. In addition, the

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Answer:

Net Present Value = $59,632.78

Explanation:

<em>The net present value NPV) of a project is the present value of cash inflow less the present value of cash outflow of the project. </em>

<em>NPV = PV of cash inflow - PV of cash outflow </em>

Present value of cash inflow:

65,000 × (1.09375)^(-1) + 98000 ×(1.09375)^(-2)+ 126,000 ×(1.09375)^(-3)+ 132,000 × (1.09375)^(-4)= 326882.7792

PV of annual maintenance cost :

=1,500 × (1- 1.09375^(-4))/0.09375

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