Answer: C
Explanation:
Since he turned it down, he must have less money to use with it. There would be no other reason for him to turn it down. Therefore, the project value is negative.
A license to form a corporation issued by the state government.
Answer: this does not even make any sense....
Explanation:
Answer:
Phi Upsilon Nu
The total annual costs for the Alpha Ave. location with twenty persons living there is:
= $9,000.
Explanation:
a) Data and Calculations:
ANNUAL OPERATING COSTS
LOCATION FIXED VARIABLE Total Costs
Alpha Ave. $5,000 $200 per person $9,000 ($5,000 + $200 * 20)
Beta Blvd. $8,000 $150 per person $11,000 ($8,000 + $150 * 20)
b)The variable cost of each location varies according to the number of persons living there and the rate incurred per person. The fixed cost does not vary, at least, with the relevant range for either location. When the total variable costs are computed, these are added to the fixed cost to obtain the total costs. Then there is a comparison of the two locations to determine the location with the least total costs.
Answer:
It is $30,000(C)
Explanation:
Depreciable cost = $90,000
Using straight-line method,
Annual depreciation = $90,000/3
= $30,000.
Hence, depreciation expense at the final year of service is $30,000
We cannot make use of entire cost of equipment of $120,000 because it seemed the company wanted to sell its scrap value for $30,000. Hence, this has been used to reduced it cost to $90,000 which is a depreciable cost .
