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belka [17]
3 years ago
13

7 points Check my workCheck My Work button is now disabled1Item 3 A company with $795,000 in operating assets is considering the

purchase of a machine that costs $85,000 and which is expected to reduce operating costs by $17,000 each year. These reductions in cost occur evenly throughout the year. The payback period for this machine in years is closest to (Ignore income taxes.): (Round your answer to 1 decimal place.)
Business
1 answer:
Mashutka [201]3 years ago
4 0

Answer:

5 years

Explanation:

Calculation to determine what The payback period for this machine in years is closest to

Using this formula

Payback period = Cost of asset / Xash flows

Let plug in the formula

Payback period=$85,000/ $17,000

Payback period= 5 years

Therefore The payback period for this machine in years is closest to 5 years

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MC Qu. 97 K Company estimates that overhead costs for... K Company estimates that overhead costs for the next year will be $2,89
FromTheMoon [43]

Answer:

Allocated MOH= $220

Explanation:

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate=  (2,890,000 + 850,000) / 85,000

Predetermined manufacturing overhead rate= $44 per direct labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 44*5

Allocated MOH= $220

8 0
3 years ago
A survey by the World Bank indicates that of the companies surveyed; unfortunately, only 30 percent have board-approved policies
creativ13 [48]

Answer:

False

Explanation:

It is not necessary to have board-approved policies on environmental management as the only way to indicate that corporate social responsibility practices have become an insignificant factor in determining where multinational corporations conduct business.

7 0
3 years ago
The following table shows the assets and liabilities of the Chang family in 2007 and 2008.
Aleks [24]

Answer:

d

Liabilities are what someone owes and assets are what someone owns and is worth something. The house is an asset and the car loan is a liability. According to the numbers provided the assets have an increase of $6,000 with +10,000 from the house and -4,000 from the car. And liabilities had a decrease of $25,500 with a -$29,000 from mortgage and car loans and a +3,500 from the savings account and debt. So assets increase and liabilities decrease. 

5 0
3 years ago
It can be a significant challenge to keep the project team ___________ as the project nears completion.
kherson [118]

As a project nears is completion, it has been found that it becomes a significant challenge to get the project team to remain focused.

<h3>Why does focus reduce as a project nears completion?</h3>

There are several reasons why a project nearing completion would lead to a loss of focus and one of them fatigue from having worked on the project for a certain period of time.

Another reason is that the project team will be getting ready to move onto a new project as the current project comes to an end. As a result, they will focus less on the current project.

In conclusion, teams lose focus as their project nears completion.

Options for this question are:

  • focused
  • working
  • energetic
  • together
  • performing

Find out more on project teams at brainly.com/question/13321211

#SPJ1

5 0
2 years ago
In a decentralized company in which the divisions are organized as investment centers, how could a division be considered the le
gizmo_the_mogwai [7]

Answer:

This can be due to the method of allocating cost.

Explanation:

In the given scenario a division in a decentralised company earned the largest amount of income from operations, yet it was the least profitable.

This can be as a result of the cost allocation method the company uses.

If the company uses a cost allocation method where cost from other division is paid for by the division with largest income. The result will be that the other divisions that generate less income will appear to be more profitable.

The remedy for this is to use activity based costing. Where cost is allocated based on the level of activity of a division.

That way divisions will only pay for cost associated with their activity

3 0
3 years ago
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