Answer:
R is a better alternative because it has a higher NPV than Q.
Explanation:
Machines Q R
First costs $380,000 $395,000
Net annual revenue $150,000 in year 1, $152,500
increasing by $500
per year thereafter
Salvage value $4,000 0
Life, years 8 10
MACRS 7 year recovery:
year % Q R
1 14.29% 54,302 56,445.50
2 24.49% 93,062 96,735.50
3 17.49% 66,462 69,085.50
4 12.49% 47,462 49,335.50
5 8.93% 33,934 35,273.50
6 8.92% 33,896 35,234.00
7 8.93% 33,934 35,273.50
8 4.46% 16,948 17,617.00
net cash flow
year Q R
1 116,505.70 118,880.93
2 130,396.70 132,982.43
3 121,411.70 123,304.93
4 115,086.70 116,392.43
5 110,676.90 111,470.73
6 110,930.10 111,456.90
7 111,326.90 111,470.73
8 108,306.80 105,290.95
9 99,125
10 99,125
Using a financial calculator, I calculated the NPV using a 12% discount rate:
- Q's NPV = $200,636.15
- R's NPV = $259,221.01
Answer:
C) $300 U
Explanation:
Gipple Corporation
Material Quantity Variance = (Actual Quantity Used * Standard Unit Cost )-
( Standard Quantity Used * Standard Unit Cost )
Material Quantity Variance =(AQ* SP) -(SQ*SP)
Material Quantity Variance = (24,870* 6)- ( 7.3* 3400 *6)
Material Quantity Variance = (24,870* 6)- (24,820* 6)
Material Quantity Variance = 149220 - 148920
Material Quantity Variance = $300 Unfavorable
As actual quantity is greater than standard quantity it is unfavorable.
Answer: Transferring debit and credit amount from the journal to the ledger.
Explanation:
Posting in Accounting refers to the process of transferring debit and credit amounts from the books of original entry i.e the journals, to the relevant general ledger.
Posting to the general ledger is the third step in the Accounting Cycle and as such is very important in determining the balances to put into the Unadjusted Trial balance.
Answer:
They Both deal with the Wellbeing of the Human Talent
Explanation:
While the medical profession deals with physical, and psychotherapy treatment of the human being and the Human Resources function deals with the employee welfare at work place such as work conditions, training, harassments at work place, both these professions try to improve the wellbeing of the Human Talent.
In order to break even, they would need to sell at least 5,000 units
Break even point is calculated by the formula:
Fixed costs÷(selling price -variable costs per unit)
i.e.
100,000 ÷ (60-40) = 5,000
Anything they sell above this number will start to produce profits for the company
