Answer:
$1,768,680
Explanation:
Given that:
- Number of units: 280
- Price per unit: $729
- The monthly interest rate: 0.5 % = 0.005
- Number of additional units: 40
- The variable cost per unit: $480
The net present value of the proposed credit policy switch as the following formula:
NPV = -[Number of units*price/unit) + (Number of additional units*Variable cost/unit) + (price/unit - Variable cost/unit)*Number of additional units] / Rate
NPV = - [($729*280) + ($480*40)] + [($729 - $480) 40]/0.005 = $1,768,680
Hope it will find you well.
Answer:
The depreciation charge in 2021 is $ 164,000.00
Explanation:
Annual depreciation charge=cost-salvage value/useful life
cost is $610,000
salvage value is $61,000
useful life is 9 years
Annual depreciation charge=($610,000-$61,000)/9=$61000
The depreciation of charge of $61000 is applicable to years 2018 ,2019 and 2020 respectively.
The estimates of the asset changed in the year 2021,hence a new depreciation based on the present book value is required.
revised depreciation charge=$610,000-($61,000*3)-$99,000/(5-3)=
$164,000.00
Answer:
correct option is (B) $94.50
Explanation:
given data
Units produced = 46,000 units
Direct labor = $39 per unit
Direct materials = $32 per unit
Variable overhead = $21 per unit
Fixed overhead = $115,000
to find out
product cost per unit under absorption costing
solution
we find Fixed overhead that is
fixed overhead =
fixed overhead = 2.5
so
total cost that is
total cost = Direct labor + Direct materials + Variable overhead + Fixed overhead
product cost = $39 + $32 + $21 + $2.5
product cost = $94.50
so correct option is (B) $94.50
Answer: Contingency design
Explanation:
Contingencies refer to as costs, and are the amounts that are held in order to deal with unforeseen situations. A contingency design is usually devised by governments oand firms as a way to avoid loss and achieve organizational goals.
Raheem offering to take care of the customer that has the best value simply means that Raheem doesn't want anything to affect the success of the goal he's trying to achieve. This is a contingency design.
Answer:
Sales $480,000
<em>Less: Expenses (Bal Figure) $419,500</em>
Less: Write Off Account <u>$7,700 </u>
Net Income <u>$52,800</u>
If Allowance Method Is Used
Sales $480,000
Less: Expenses $<em>419,500</em>
Less: Write Off Account (1.5% of 480,000) <u>$7,200</u>
Net Income <u>$53,300
</u>