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Paul [167]
2 years ago
8

Nelson Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an ann

ual increase in cash flow of $112,000. The equipment will have an initial cost of $224,000 and have a 3 year life. If the salvage value of the equipment is estimated to be $87,000, what is the payback period
Business
1 answer:
Rashid [163]2 years ago
5 0

Answer:

2 years

Explanation:

Payback period is the length of time it takes for the future cash flows to equal the initial investment.

$224,000 = $112,000 + $112,000

therefore,

It takes 2 years for the cashflows to equal initial investment

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In 2019, Teller Company sold 3,000 units at $600 each. Variable expenses were $420 per unit, and fixed expenses were $270,000. T
Yuliya22 [10]

Answer:

Break-even point in units= 1,500

Explanation:

Giving the following information:

Selling price= $600

Unitary variable cost= $420

Fixed cost= $270,000

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 270,000 / (600 - 420)

Break-even point in units= 1,500

8 0
2 years ago
A music teacher asked her students to set a really hard goal, such as increasing their practice time by 10 hours per week, which
PilotLPTM [1.2K]
The answer is Stretch Goal.  It is also called a Stretch Target, it is <span>a high and difficult level of success that a student must achieve if they are to be considered to be doing their job in a satisfactory way.  Practicing 10 hours a week would cause the students to reach beyond what they think is possible.</span>
5 0
3 years ago
"The production supervisor estimates that the ending work-in-process is 16 percent complete. Compute the cost of paint transferr
Luba_88 [7]

Complete Question:

Sanchez & Company produces paints. On July 1st it had no work in progress inventory. It starts reduction of 150,000 gallons of paint in July and completes 120000 gallons. The cost of the resources used by Sanchez in July consists of the following:

Materials- $137000

Conversion Costs- $175000

"The production supervisor estimates that the ending work-in-process is 16 percent complete. Compute the cost of paint transferred to finished goods and the amount in work-in-process ending inventory as of July 31"

Cost of paint transferred to finished goods__________

Work-in-process ending inventory_________

Answer

The Cost of Paint Transferred to Finished = $300,000

Work-in-Process Ending Inventory = $12,000

Explanation:

Given

Materials = $137,000

Conversion Costs = $175,000

Started = 150,000 gallons

Completed = (120,000) gallons

Ending Work in Progress = 150,000 - 120,000

Ending Work in Progress = 30,000

To calculate cost of paint transferred out and ending inventory of work in progress,

First we'll need to calculate the cost per unit of a paint(gallon)

This is given by: total cost ÷ total unit.

Calculating Total Cost:

Total Cost = $137,000 + $175,000

Total Cost = $312,000

Calculating Total Units:

Ending Work in Progress = : 16% complete ----- Given

So, Ending Work in Progress = 16% * 30,000 = 4,800

Total Completed Unit is then given by: 120,000 gallon + 4,800

Total = 124,800

Calculating Cost per unit

If the total cost is $312,000 then a unit will cost

$312,000/124,800

Cost per unit = $2.5/unit

Finally,

The Cost of Paint Transferred to Finished Goods is calculated by:

Total Units Transferred out = 120,000 gallons

Cost = 120,000 * $2.5

Cost = $300,000

Work-in-Process Ending Inventory is calculated by:

Ending Inventory = 4,800 ----- calculated

Work in Process Ending Inventory = 4,800 * $2.5

Work in Process = $12,000

6 0
3 years ago
Marc and Michelle are married and earned salaries this year of $71,600 and $14,850, respectively. In addition to their salaries,
kompoz [17]

Answer and Explanation:

Adjusted gross income abbreviated AGI is the tax payers gross income minus deductions used in arriving at taxable income(AGI less allowable deductions)

Please find attached calculations for gross income and AGI for the couple

8 0
3 years ago
Cognitive dissonance occurs during which stage of the consumer decision-making process? A. problem recognitionB. information sea
Rainbow [258]

Answer:

E

Explanation:

Cognitive dissonance is sometimes referred to as buyer's regret and often arises when consumers begin to wonder if they made the right purchase decision. This happens during the post-purchase evaluation stage.

5 0
3 years ago
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