Answer:
a. 2.23
b. 3.21
Explanation:
a. Answer to Part A
Payback Period = Investment / Annual Cash Inflow
= 250000 / 112115
= 2.23
Answer to Part B
Payback Period = Investment / Annual Cash Inflow
= 200000 / 62375
= 3.21
Working Note
<em>Particulars Case A Case B
</em>
After Tax Income 72115 39000
Add: Depreciation 40000 23375
Cash Inflow 11,2115 62375
<em>Particulars Case A Case B
</em>
Cost of Machine 250000 200000
Less: salvage Value 10000 13000
Depreciable Value 240000 187000
Life of the Asset 6 8
Annual Depreciation 40000 23375
Answer:
The balance of Work in Process as of April 30 is $3,470.
Explanation:
Work in Process
Apr. 1 Balance 6,600
Apr 30 Direct materials 51,600
Apr 30 Direct labor 190,900
Apr 30 Factory overhead 57,270
Apr. 30 Goods finished = Opening Balance + Direct Material + Direct labor + Factory overheads - Goods Finished during the April
Apr. 30 Goods finished = 6,600 + 51,600 + 190,900 + 57,270 -302,900 = 3,470
Finished Goods
Apr. 1 Balance 16,000
Apr 30 Goods finished 302,900
Answer:
The blend should be made with 720 ml of Product A and 780 ml of Product B
Explanation:
We create excel solve to get the cheapest blend with the requirement givens by the customer:
A B C D E F
1 ml type $ alcohol $mix alcohol mix
2 720 Product A 7 0.95 5.04 0.456
3 780 Product B 3 0.78 2.34 0.4056
4 Total 7.38 0.8616
5 Sales Price 12.50
6 Gross Profit 5.12
Constrains:
A2 = integer
A2 > 1500 x 48/100
A3 > 500
F4 > 0.85
Answer:
Luca Pacioli
Explanation:
Luca Pacioli a European accountant is known as The Father of accountancy.
Luca Pacioli introduced the use of journals and ledgers in accounting systems.
His work in accounting was appreciated worldwide. His first book was based on double- entry accounting. He has introduced the concept of Dual Aspects which has paved the way for the double-entry system .
Answer:
If the price of imports rose, caused by a change in the value
of the pound then the AS would shift to the:
Select one:
a. None of the above
b. right
C. left
d. vertically
= left
Explanation:
If the price of imports rose, caused by a change in the value
of the pound then the AS would shift to the:
Select one:
a. None of the above
b. rightIf the price of imports rose, caused by a change in the valueIf the price of imports rose, caused by a change in the value
of the pound then the AS would shift to the:
Select one:
a. None of the above
b. right
C. left
d. vertically
= leftIf the price of imports rose, caused by a change in the valueof the pound then the AS would shift to the:
Select one:a. None of the aboveb. rightC. leftd. vertically= leftIf the price of imports rose, caused by a change in the valueof the pound then the AS would shift to the:Select one:a. None of the aboveb. rightC. leftd. vertically= leftof the pound then the AS would shift to theSelect one:
a. None of the above
b. rightC. leftd. verticallyIf the price of imports rose, caused by a change in the valueof the pound then the AS would shift to the:
Select one:a. None of the aboveb. rightC. leftd. verticall= left= leftC. leftd. vertically= left
