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2 years ago

Transactions for Sunland Company for the month of June are presented below.

Business

1 answer:

aev [14]2 years ago

6 0

Answer:

Date Account Detail Debit Credit

June 1 Cash $4,080

Common Stock $4,080

Date Account Detail Debit Credit

June 2 Equipment $1,720

Accounts Payable $1,720

Date Account Detail Debit Credit

June 3 Rental expense $910

Cash $910

Date Account Detail Debit Credit

June 12 Accounts Receivable $800

Welding Revenue $800

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Razor Inc. manufactures industrial components. One of its products used as a subcomponent in auto manufacturing is Fluoro2211. T

Neko [114]

Answer:

Total contribution margin= $1,884,180

Explanation:

Giving the following information:

Direct Materials 150

Direct Labor 28

Variable Manufacturing Overhead 25

Variable Selling 16

Sales in units= 10,130

Selling price= $420

Direct material cost= 150*1.1= $165

<u>First, we need to calculate the unitary contribution margin:</u>

Unitary contribution margin= selling price - total unitary variable cost

Unitary contribution margin= 420 - (28 + 25 + 16 + 165)

Unitary contribution margin= $186

<u>Now, the total contribution margin:</u>

Total contribution margin= 10,130*186

Total contribution margin= $1,884,180

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2 years ago

[The following information applies to the questions displayed below The following financial statements and additional informatio

Andrej [43]

Answer:

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2 years ago

Tru or false? the older traditional form of management structure is the horizontal organization

Tamiku [17]

The answer is false.

7 0

3 years ago

Isabella wishes to buy gasoline and have her car washed. She finds that if she buys 9 gallons of gasoline at $1.50 per gallon, t

max2010maxim [7]

Answer:

50 cents

Explanation:

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3 years ago

Read 2 more answers

A project initially costs $40,500 and will not produce any cash flows for the first 2 years. Starting in Year 3, it will produce

melisa1 [442]

Answer:

Net present value = $2063.1922

Explanation:

given data

initially costs = $40,500

cash flows = $34,500

final cash inflow = $12,000

required rate of return = 18.5 percent

solution

The cash flows is

Year 0 = $40500

Year 1 = $0

Year 2 = $0

Year 3 = $34500

Year 4 = $34500

Year 5 = $0

Year 6 = $12000

so Net present value will be express as

Net present value = -Initial cash outflow + Present value of future cash flows ...............1

Present value of future cash flows = (cash flow in year n) ÷ (1 + required rate of return)^t ..........................2

put here value we get

Present value = $\frac{0}{(1+0.185)^1} + \frac{0}{(1+0.185)^2} + \frac{34500}{(1+0.185)^3} + \frac{34500}{(1+0.185)^4} + \frac{0}{(1+0.185)^5} + \frac{12000}{(1+0.185)^6}$

Present value = $42563.1922

Net present value= -$40500 + $42563.1922

Net present value = $2063.1922

8 0

3 years ago