Answer:
$1,238.85
Explanation:
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Future value = $1,000
Rate of interest = 7%
NPER = 8 years
PMT = $1,000 × 11% = $110
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be $1,238.85
Answer:
$4,392
Explanation:
Sunland Company
Therefore the costs are eliminated if they outsource the manufacturing:
Direct materials $9,576
Direct labor $12,882
Variable overhead $14,364
Total $36,882
Their new cost is ($2.85 X 11,400) $32,490
$36,882 - $32,490 = $4,392
If Sunland accepts the offer the net income increase (decrease) by $4,392
I Think its answer C: Fixed and Variable rates
Answer:
the yearly depreciation expense is $5,500
Explanation:
The computation of the yearly depreciation expense using the straight line method is as follows;
= (Purchase cost - salvage value) ÷ (estimated useful life)
= ($24,000 + $800 + $1,200 - $4,000) ÷ (4 years)
= ($26,000 - $4,000) ÷ (4 years)
= $22,000 ÷ 4 years
= $5,500
hence, the yearly depreciation expense is $5,500
