Answer:
Explanation:
1. Mineral mine - $9.3 million
Development costs - $2500 000
1/[(1+0.07)^4]=0.76290
Restoration costs = $472995 = [(530k * 0.4)+(630k * 0.3)+($730k * 0.3)] *0.76290
Cost of mine= $9.3 million+$2500 000+$472995 = $12272995
2. Depletion:
($12272995/730000tons)*113000tons=$1899792
Depreciation of machinery=($143400-$12000)/730000 * 113000tons = $20340
Depreciation of structures=($36500/730000tons)*113000tons=$5650
3. Accrecion expense recognized:
$472995*0.07*8/12=$22073
Answer:
A. $10,500
Explanation:
FV of IDNA:
Book value $ 15,000
Revalued plant assets ($25,000)
license agreements
$30,000
Intangible assets $50,000
$ 70,000
Non-controlling interest valued at the date of acquisition, following the alternative method allowed by IFRS = 15% * 70,000 = $10,500.
Answer:
Direct labor rate variance= $594 unfavorable
Explanation:
Giving the following information:
The standard direct labor cost per hour is $7.20.
During August, Zanny's water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708.
<u>To calculate the direct labor rate variance, we need to use the following formula:</u>
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Actual rate= 48,078/6,600= $7.29
Direct labor rate variance= (7.20 - 7.29)*6,600
Direct labor rate variance= $594 unfavorable
Answer:
12.000
Explanation:
Because 1 ton equals 12,000 BTU.
For example, 48,000 BTU equals 4 tons, and 60,000 BTU equals 5 tons.
Answer:
The objective function is to minimize cost thru use of linear programming
Explanation:
A craftsman named William Barnes builds two kinds of birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse takes 4 hours of labor and 4 units of lumber. Each bluebird house requires 2 hours of labor and 12 units of lumber. The craftsman has available 72 hours of labor and 120 units of lumber. Wren houses yield a profit of $ 10 each and bluebird houses yield a profit of $ 15 each. The aim of the objective function for William should be to ▼ Minimize Maximize the objective value.
The objective function is to minimize cost thru use of linear programming
