Question
2.John is saving for a new car that costs $35000. How many dollars should be set aside now to have $35000 in 6 years assuming
2.John is saving for a new car that costs $35000. How many dollars should be set aside now to have $35000 in 6 years assuming money compounded at 4% annually?
3.Earl is investing in new piece of equipment that cost $300000. The new equipment will generate cash flow of $200000 for each of the next three years. Earl uses discount rate of 12%. What is the present value?
4.John company is investing in a new machine that costs $200000. The machine will generat cash flow of $150000 for each of the next three years. John uses 10% discount rate!
5.Jake produces a product that requires 10 standard sq.ft. of plywood at $4 per sq.ft. If jake produces 300 units and uses 3100 sq.ft., the material price variance is:
6.Colly pays 20% of the cost of purchases in the month purchase and 60% in the month after and 40% in the month after that, how much cash will be disbursed in the month after a $108000 purchase?
7.The breakeven is 2000 units, the variable cost is $6 per unit and the fixed costs are $20000. What is the selling price per unit?
8.The breakeven is 2000 unit, the selling price is $13 per unit and the fixed costs are $20000, what is the variable cost per unit?
9.The unit sales for trucks were 100000 and the contribution margin was $200000. For cars the unit sales were 120000 and the contribution margin was $240000. Fixed costs are $180000, how many trucks are needed to breakeven?
10.The breakeven is 2000 units, the selling price is $15 per unit and the fixed costs are $20000 what is the variable cost per unit?
11.If the overhead application rate is $30 per unit how many units are forecast to apply $300000 in overhead?
12.There are. Physical units if there are 700 equivalent units that are physical units that are 70% complete
13.If a product total cost is $200 how much are direct labor costs if prime costs totaled $100 and the direct material costs are $50?
14.If the cost per equivalent unit is $1.50 how many physical units are there if the total cost is $31500 and the physical units are 10% complete?
15.If the overhead application rate is $20 per unit, how many units are forecast to apply $200000 in overhead?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started