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Anna007 [38]
3 years ago
9

Perez Concrete Company pours concrete slabs for single-family dwellings. Lancing Construction Company, which operates outside Pe

rez’s normal sales territory, asks Perez to pour 51 slabs for Lancing’s new development of homes. Perez has the capacity to build 460 slabs and is presently working on 160 of them. Lancing is willing to pay only $2,550 per slab. Perez estimates the cost of a typical job to include unit-level materials, $870; unit-level labor, $500; and an allocated portion of facility-level overhead, $1,250.
Calculate the contribution to profit from the special order. Should Rooney accept or reject the special order to pour 47 slabs for $2,510 each?
Business
1 answer:
cricket20 [7]3 years ago
4 0

Answer: Rooney should accept as there is a chance to make a profit of $53,580

Explanation:

Rooney has the capacity to build the additional slabs so can do so without stopping other orders.

Revenue should Rooney accept project:

= 47 * 2,510

= $117,970

Cost should Rooney accept project:

= (870 * 47) + (500 * 47)

= $64,390

Total profit:

= 117,970 - 64,390

= $53,580

<em>Rooney should accept as there is a chance to make a profit of $53,580</em>

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The resort project would require a $20,500,000 investment. At the end of ten years, some of the equipment would have a salvage v
Gemiola [76]

Answer:

Net present value

Explanation:

<u>Missing Information    </u>

Weighted average cost of capital: 8% and  Solve for net present value:

investment: project outlay 20,500,000 + increase in working capital 450,000

F10 salvage value: 300,000 + 450,000 liberate working capital

cahsflow per year income 1,111,000

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

C 1,111,000.00

time 10

rate 0.08

1111000 \times \frac{1-(1+0.08)^{-10} }{0.08} = PV\\

PV $7,454,900.4342

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

Maturity  $750,000.00

time  10.00

rate  0.08000

\frac{750000}{(1 + 0.08)^{10} } = PV  

PV   347,395.1161

Net present value

7,454,900 + 347,395 - 20,500,000 - 450,000 = -13.147.705

6 0
3 years ago
A European dairy that is famous for its rich ice creams has introduced basil-, tomato-, fennel-, and oregano-flavored ice creams
V125BC [204]

Answer:

The survey would have happened during the stage of idea screening

Explanation:

The idea screening process involves comparing and contrasting  potential new  products in order to determine which of the ideas are a perfect fit for the business giving its  current resources, strengths , opportunities ,threats or limitations of the business.

At this stage of product development,the over-aching aim is to pick the products could be best invested that yield positive in a short while rather picking all available options that might drain the resources available and not yield commensurate returns.

5 0
3 years ago
Read 2 more answers
Why is the separating of recordkeeping from the custody of assets a limitation of an internal control system?
yanalaym [24]

The separating of recordkeeping from the custody of assets a limitation of an internal control system because:

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  • Employee controlling asset will know if another person is maintaining records or not.
  • The employee who controls/has access to an asset should not maintain that asset's accounting records.
<h3>What is meant by Internal Control?</h3>
  • Internal controls are the mechanisms, rules, and procedures implemented by a corporation to ensure the integrity of financial and accounting information, promote accountability, and stop fraud.
  • Internal controls can help improve operational efficiency by improving the accuracy and timeliness of financial reporting, besides complying with laws and regulations and preventing employees from stealing assets or committing fraud.

To learn more about asset's accounting records: brainly.com/question/24012821

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2 years ago
cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of
ivanzaharov [21]

Answer: Investing Activities

Explanation: The investing activities lists all of the purchases and sales of long-term fixed assets, such as equipment, building, land, and the purchase of shares.

Hope this helps.

7 0
2 years ago
The $1,000 par value bonds of uptown tours have a coupon rate of 6.5 and a current price quote of 101.23. what is the current yi
Paul [167]

Hello, to get the current yield of the bond, determine first the<span> annual interest payment which is calculated as stated interest rate times the face value of the bond. In this question, the bond’s value is $1,000 and the stated interest rate is 6.5 percent, therefore, the annual interest payment is 65. Finally, the annual interest payment of 65 is divided by the current market price quote of 101.23 to get the current yield of 64.21%. Hope this helps.</span>

4 0
3 years ago
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