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Aloiza [94]
3 years ago
15

Crowl Corporation is investigating automating a process by purchasing a machine for $809,100 that would have a 9 year useful lif

e and no salvage value. By automating the process, the company would save $141,500 per year in cash operating costs. The new machine would replace some old equipment that would be sold for scrap now, yielding $22,900. The annual depreciation on the new machine would be $89,900. The simple rate of return on the investment is closest to (Ignore income taxes.) __________.
Business
1 answer:
Zolol [24]3 years ago
3 0

Answer:

6.5%

Explanation:

Initial investment= $809100-$22900

= $786200

Annual incremental net operating income= $141500-$89900

=$51600

Therefore, the formular for simple rate of return is:

Annual incremental net operating income/ Initial investment

= $51600/$786200

= 0.065×100

= 6.5%

Thus, the simple rate of return on the investment is closest to 6.5%

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Listed below are several document terms. Match each term with the corresponding statement in the list provided. Some terms may b
GrogVix [38]

Answer:

1. The raw materials record

is a control for the materials stored in the storeroom. In order to get direct​ materials, a(n) materials requisition

must be presented.

2. Before production​ begins, the​ manufacturer's purchasing department issues purchase orders

to its supplier for needed direct materials.

3. A(n) receiving report

is typically a duplicate of the purchase order but without the quantity​ pre-listed on the form.

4. The bill of materials

is like a list of ingredients in a​ recipe, stating the materials needed to produce a product.

5. A(n) job cost record

is used to accumulate all of the costs affiliated with each job.

6. All direct laborers in the factory fill out​ a(n)

labor time record.

7. The accounting department will not pay​ a(n)

invoice unless it agrees with the quantity of parts both ordered and received.

8. Each item in the raw materials storeroom has its own raw materials record.

Explanation:

1. The raw materials record

is a control for the materials stored in the storeroom. In order to get direct​ materials, a(n) materials requisition

must be presented.

2. Before production​ begins, the​ manufacturer's purchasing department issues purchase orders

to its supplier for needed direct materials.

3. A(n) receiving report

is typically a duplicate of the purchase order but without the quantity​ pre-listed on the form.

4. The bill of materials

is like a list of ingredients in a​ recipe, stating the materials needed to produce a product.

5. A(n) job cost record

is used to accumulate all of the costs affiliated with each job.

6. All direct laborers in the factory fill out​ a(n)

labor time record.

7. The accounting department will not pay​ a(n)

invoice unless it agrees with the quantity of parts both ordered and received.

8. Each item in the raw materials storeroom has its own raw materials record.

7 0
4 years ago
Use the following data to determine the cost of goods manufactured: Beginning finished goods inventory $ 12,300 Direct labor 32,
Papessa [141]

The Cost of Goods Manufactured is $104,100.By adding the direct material cost with the direct labor cost ,factory overhead,beginning work in progress and deducting the value obtained from the ending work in process value we get the The Cost of Goods Manufactured

<u></u>

Explanation:

The information Given in the question is  

Beginning finished goods inventory

$ 12,300

Direct labor

32,100

Beginning work in process inventory

8,700

General and administrative expenses

15,000

Direct materials used

42,000

Ending work in process inventory

10,500

Indirect labor

7,800

Ending finished goods inventory

11,000

Indirect materials

15,000

Depreciation - factory equipment

9,000

So the formula for the

<u>Cost of Goods Manufactured = Direct Materials + Direct Labor + Factory Overhead + Beginning Work in Process - Ending Work in Process </u>

<u>Cost of Goods Manufactured</u> = $42,000 + $32,100 (Indirect Labor + Indirect Materials + Depreciation Factory Equipment) + $8,700 − $10,500

Cost of Goods Manufactured = $42,000 + $32,100 + $7,800 + $15,000 + $9,000 + $8,700 − $10,500 = $104,100.

So,the Cost of Goods Manufactured = $104,100.

8 0
3 years ago
Read 2 more answers
Blanche Inc. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bonds have a par value of $
Tanya [424]

Answer:YTM = [Interest + (face value -price) / years to maturity ] / [(face value +price)/2] = [90 + (1000 - 1130.35 )/ 18 ] /[(1000 + 1130.35)/2] = [90 + (-130.35 / 18) ] /[2130.35/2] = [90 - 7.242 ] / 1065.175 = 82.758 / 1065.175 = .0777 or 7.77% YTC = [90 + (1060 - 1130.35 )/ 8] /[(1060+1130.35)/2] = [90 +...

Explanation:The best estimate for the remaining term is 18 years (because the company would not call the bonds).

The coupon rate to issue a bond at par is 8.88% (the current yield to maturity).

5 0
3 years ago
Charles is having trouble making his mortgage payment due to too much debt
White raven [17]

Answer:

a  he brokeeeee

Explanation

8 0
3 years ago
Read 2 more answers
Which business types are easy to form? click all that apply. select one or more:
xz_007 [3.2K]
B, sole proprietor. It couldn't be the others.
4 0
3 years ago
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