Hey, can you answer these questions in one hour and send it back.... Thanks...

Question 1 (2.5 points) Kinsi Corporation manufactures three different products. All five of these products must pass through a stamping machine in its fabrication department. This machine is Kinsi's constrained resource. Kinsi would make the most profit if it produces the product that: Question 1 options: uses the lowest number of stamping machine hours. generates the highest contribution margin per unit. uses the highest number of stamping machine hours. generates the highest contribution margin per stamping machine hour. Save Question 2 (2.5 points) The Cowboy's Company needs 20,000 units of a certain part to use in its production cycle. Cowboys is considering the possibility of buying the part from Dolphins Company instead of making it. Sixty percent of the fixed overhead will remain regardless of the decision made. Accounting records indicate the following data: Cost to Cowboys to make the part: Direct materials, $4 Direct labor, $16 Variable factory overhead, $18 Fixed factory overhead, $10 Cost to buy the part for Dolphins Company, $36 Which decision should Cowboys make & what is the total cost savings that would result? Question 2 options: Make, $80,000 Buy, $80,000 Buy, $120,000 Make, $120,000 Save Question 3 (2.5 points) Company X has gathered the following data for it's three product lines, X, Y, and Z. Contribution Margin Product X $10,000 Product Y $12,000 Product Z $22,500 Units Produced Labor hours required/unit Machine hours required/unit 1,000 4 4 2,400 4 4 1,800 5 5 If Company X has a limited supply of labor hours, which product(s) should it prefer most? Question 3 options: Product X Products X and Z Product Z Product Y Save Question 4 (2.5 points) Which of the following statements is true Question 4 options: The accounting rate of return method ignores the time value of money concept The payback period ignores the time value of money concept and ignores cash flows received after the payback period The net present value method considers the time value of concept and also considers cash flows during the entire life of the investment project When the above methods yield conflicting results, the decision indicated by the net present value method should be considered All of the above are true Save Question 5 (2.5 points) A company uses the net present value method to evaluate planned capital expenditures. Everything else being equal, the lower the required rate of return they use, the ____ will be the net present value. Question 5 options: higher can't be determined lower identical Save Question 6 (2.5 points) The Sip & Dip Donut company is considering the acquisition of a new automatic donut dropper for $600,000. The machine will have a six-year life and will produce before tax cash savings of $200,000 each year. The asset is to be depreciated using the straight-line method with no salvage value. The company's tax rate is 40 percent. The after-tax net cash inflow on the investment is Question 6 options: Save Question 7 (2.5 points) The Sip & Dip Donut company is considering the acquisition of a new automatic donut dropper for $600,000. The machine will have a six-year life and will produce before tax cash savings of $200,000 each year. The asset is to be depreciated using the straight-line method with no salvage value. The company's tax rate is 40 percent. The payback period is Question 7 options: Save Question 8 (2.5 points) Equipment is purchased at a cost of $39,000. As a result, annual cash revenues will increase by $20,000; annual cash operating expenses will increase by $7,000; straight-line depreciation is used; the asset has a ten-year life; the salvage value is $3,000. Assuming a tax bracket of 34%, determine the accounting rate of return? (round to the nearest %) Question 8 options: Save Question 9 (2.5 points) Shirt Co. wants to purchase a new cutting machine for its sewing plant. The investment is expected to generate annual net cash inflows of $30,000, have a useful life of 8 years, and an estimated salvage value of $10,000. If Shirt Co. has a required rate of return of 12%, the maximum amount they will be willing to spend for this machine is Question 9 options: Save Question 10 (2.5 points) Darlington Company is considering investing in an equipment, which will increase yearly cash revenues by $65000, and yearly cash expenses to operate the equipment by $30,000. The asset will cost $200,000, and will last 8 years, with a salvage value of $40,000. Assuming a tax rate of 39%, determine the net present value of this asset, if the company requires a 10% return on investments. Question 10 options: Save Question 11 (2.5 points) A company uses the net present value methodology in making capital expenditure decisions. In making a decision where they have to choose among two pieces of equipment, which of the following pieces of information will be considered irrelevant Question 11 options: Initial cost of each machine Estimated life of each machine Salvage value of each machine Cash flow generated by each machine during the estimated life of the machine All of the above are relevant Save Question 12 (2.5 points) Baton Rouge Company is considering purchasing new equipment which will cost $950,000. This equipment is expected to have a useful life of 15 years, have a salvage value of $50,000 and is expected to have an annual net cash inflow (before taxes) of $80,000. Assume the company is in the 34% tax bracket. What is Baton Rouge's annual net cash inflow (after taxes)? Question 12 options: Save Question 13 (2.5 points) Co. X has gathered the following estimates: Machine A Cost $600,000 Life 5 yrs Net Cash Inflow: Yr 1 $100,000 Yr 2 $200,000 Yr 3 $300,000 Yr 4 $400,000 Yr 5 $500,000 Machine B $600,000 5 yrs $500,000 $400,000 $300,000 $200,000 $100,000 Co. X uses the net present value method to evaluate capital expenditures. Which of the following two machines has the higher net present value? Question 13 options: Machine B Machine A They are the same Cannot be determined from the information provided Save Question 14 (2.5 points) Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows: Product Catsup Tomato Juice Canned Tomatoes Cases 100,000 150,000 250,000 Selling Price/Case $10 $8 $12 Additional Costs/Case $2 $1 $3 The joint cost allocated to Canned Tomatoes (using the net realizable value method) is (round to the closest $) Question 14 options: Save Question 15 (2.5 points) Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows: Product Catsup Cases 100,000 Selling Price/Case $10 Additional Costs/Case $2 Tomato Juice Canned Tomatoes 150,000 250,000 $8 $12 $1 $3 Red Sauce Canning Company is considering an option to further refine Catsup. By incurring an additional cost of $60,000, they will be able to increase their selling price of Catsup to $11.20 per case. Determine the incremental advantage (disadvantage) of this option? (round to the closest $) Question 15 options: Save Question 16 (2.5 points) Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows: Product Catsup Tomato Juice Canned Tomatoes Cases 100,000 150,000 250,000 Selling Price/Case $10 $8 $12 Additional Costs/Case $2 $1 $3 If the company has a philosophy of marking up their products 20% over cost, the selling price per case of Tomato Juice should be (using the net realizable value method) (round to 2 decimal places) Question 16 options: Save Question 17 (2.5 points) Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows: Product Catsup Tomato Juice Canned Tomatoes Cases 100,000 150,000 250,000 Selling Price/Case $10 $8 $12 Additional Costs/Case $2 $1 $3 The unit cost per case of Canned Tomatoes (using the physical volume method) is (round to 2 decimal places) Question 17 options: Save Question 18 (2.5 points) A cost that is incurred between the split-off point and the point of sale is known as a: Question 18 options: Unit cost Split-off cost Separable cost Joint cost Save Question 19 (2.5 points) Company X uses a joint processing system for it's 2 products Y & Z. As a result of using the physical volume method of joint cost allocation instead of the net realizable value method, they have overstated the unit cost for product Z and understated the unit cost for product Y. If Company X prepares separate financial statements for each of the 2 products, which of the following statements is true Question 19 options: Gross Margin for product Z will be overstated Net Income for product Y will be overstated COGS for product Z will be overstated There will be no effect on the Income Statements for either Y or Z Save Question 20 (2.5 points) Zell Company derives two products, Great and Grand, from a single process. Great and Grand can be sold either as is or after further processing. Costs and selling prices are as follows: Product Gallons Great Grand 30,000 20,000 Selling Price (as is) $8/gallon $6/gallon Additional Processing Costs $50,000 $80,000 Which of the following products should Zell Company process further? Question 20 options: Grand only Great only neither Great nor Grand both Great and Grand Selling price (after processing) $10/gallon $9.50/gallon Question 1 (2.5 points) Kinsi Corporation manufactures three different products. All five of these products must pass through a stamping machine in its fabrication department. This machine is Kinsi's constrained resource. Kinsi would make the most profit if it produces the product that: Question 1 options: uses the lowest number of stamping machine hours. generates the highest contribution margin per unit. uses the highest number of stamping machine hours. generates the highest contribution margin per stamping machine hour. Save Question 2 (2.5 points) The Cowboy's Company needs 20,000 units of a certain part to use in its production cycle. Cowboys is considering the possibility of buying the part from Dolphins Company instead of making it. Sixty percent of the fixed overhead will remain regardless of the decision made. Accounting records indicate the following data: Cost to Cowboys to make the part: Direct materials, $4 Direct labor, $16 Variable factory overhead, $18 Fixed factory overhead, $10 Cost to buy the part for Dolphins Company, $36 Which decision should Cowboys make & what is the total cost savings that would result? Question 2 options: Make, $120,000 Buy, $120,000 Buy, $80,000 Make, $80,000 Save Question 3 (2.5 points) Company X has gathered the following data for it's three product lines, X, Y, and Z. Contribution Margin Units Produced Labor hours required/unit Machine hours required/unit Product X $10,000 1,000 4 4 Product Y $12,000 2,400 4 4 Product Z $22,500 1,800 5 5 If Company X has a limited supply of labor hours, which product(s) should it prefer most? Question 3 options: Product Y Product Z Product X Products X and Z Save Question 4 (2.5 points) Which of the following statements is true Question 4 options: The accounting rate of return method ignores the time value of money concept The payback period ignores the time value of money concept and ignores cash flows received after the payback period The net present value method considers the time value of concept and also considers cash flows during the entire life of the investment project When the above methods yield conflicting results, the decision indicated by the net present value method should be considered All of the above are true Save Question 5 (2.5 points) A company uses the net present value method to evaluate planned capital expenditures. Everything else being equal, the lower the required rate of return they use, the ____ will be the net present value. Question 5 options: lower can't be determined identical higher Save Question 6 (2.5 points) The Sip & Dip Donut company is considering the acquisition of a new automatic donut dropper for $600,000. The machine will have a six-year life and will produce before tax cash savings of $200,000 each year. The asset is to be depreciated using the straight-line method with no salvage value. The company's tax rate is 40 percent. The after-tax net cash inflow on the investment is Question 6 options: $160,000. $ 80,000. $120,000. $200,000. Save Question 7 (2.5 points) The Sip & Dip Donut company is considering the acquisition of a new automatic donut dropper for $600,000. The machine will have a six-year life and will produce before tax cash savings of $200,000 each year. The asset is to be depreciated using the straight-line method with no salvage value. The company's tax rate is 40 percent. The payback period is Question 7 options: 3.75 years 3 years 7.50 years 5 years Save Question 8 (2.5 points) Equipment is purchased at a cost of $39,000. As a result, annual cash revenues will increase by $20,000; annual cash operating expenses will increase by $7,000; straight-line depreciation is used; the asset has a ten-year life; the salvage value is $3,000. Assuming a tax bracket of 34%, determine the accounting rate of return? (round to the nearest %) Question 8 options: 13 percent 16 percent 27 percent 33 percent Save Question 9 (2.5 points) Shirt Co. wants to purchase a new cutting machine for its sewing plant. The investment is expected to generate annual net cash inflows of $30,000, have a useful life of 8 years, and an estimated salvage value of $10,000. If Shirt Co. has a required rate of return of 12%, the maximum amount they will be willing to spend for this machine is Question 9 options: $198,720 $300,000 $149,040 $153,080 Save Question 10 (2.5 points) Darlington Company is considering investing in an equipment, which will increase yearly cash revenues by $65000, and yearly cash expenses to operate the equipment by $30,000. The asset will cost $200,000, and will last 8 years, with a salvage value of $40,000. Assuming a tax rate of 39%, determine the net present value of this asset, if the company requires a 10% return on investments. Question 10 options: ($25,804.75) $174,195.25 $5,405 ($5,405) Save Question 11 (2.5 points) A company uses the net present value methodology in making capital expenditure decisions. In making a decision where they have to choose among two pieces of equipment, which of the following pieces of information will be considered irrelevant Question 11 options: Initial cost of each machine Estimated life of each machine Salvage value of each machine Cash flow generated by each machine during the estimated life of the machine All of the above are relevant Save Question 12 (2.5 points) Baton Rouge Company is considering purchasing new equipment which will cost $950,000. This equipment is expected to have a useful life of 15 years, have a salvage value of $50,000 and is expected to have an annual net cash inflow (before taxes) of $80,000. Assume the company is in the 34% tax bracket. What is Baton Rouge's annual net cash inflow (after taxes)? Question 12 options: $13,200 $52,800 $73,200 $112,800 Save Question 13 (2.5 points) Co. X has gathered the following estimates: Machine Machine A B Cost $600,000 $600,000 Life 5 yrs 5 yrs Net Cash Inflow: Yr $100,000 $500,000 1 Yr $200,000 $400,000 2 Yr $300,000 $300,000 3 Yr $400,000 $200,000 4 Yr $500,000 $100,000 5 Co. X uses the net present value method to evaluate capital expenditures. Which of the following two machines has the higher net present value? Question 13 options: They are the same Machine A Machine B Cannot be determined from the information provided Save Question 14 (2.5 points) Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows: Product Selling Additional Price/Case Costs/Case 100,000 $10 $2 Cases Catsup Tomato 150,000 $8 Juice Canned 250,000 $12 Tomatoes $1 $3 The joint cost allocated to Canned Tomatoes (using the net realizable value method) is (round to the closest $) Question 14 options: $230,496 $210,000 $81,942 $107,562 Save Question 15 (2.5 points) Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows: Product Cases Selling Additional Price/Case Costs/Case 100,000 $10 $2 Catsup Tomato 150,000 $8 Juice Canned 250,000 $12 Tomatoes $1 $3 Red Sauce Canning Company is considering an option to further refine Catsup. By incurring an additional cost of $60,000, they will be able to increase their selling price of Catsup to $11.20 per case. Determine the incremental advantage (disadvantage) of this option? (round to the closest $) Question 15 options: ($60,000) $60,000 ($260,000) $260,000 Save Question 16 (2.5 points) Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows: Product Selling Additional Price/Case Costs/Case 100,000 $10 $2 Cases Catsup Tomato 150,000 $8 Juice Canned 250,000 $12 Tomatoes $1 $3 If the company has a philosophy of marking up their products 20% over cost, the selling price per case of Tomato Juice should be (using the net realizable value method) (round to 2 decimal places) Question 16 options: $7.00 $2.06 $1.00 $0.86 Save Question 17 (2.5 points) Red Sauce Canning Company processes tomatoes into catsup, tomato juice, and canned tomatoes. During November, they incurred joint processing costs of $420,000. Production and sales value information for November are as follows: Product Selling Additional Price/Case Costs/Case 100,000 $10 $2 Cases Catsup Tomato 150,000 $8 Juice Canned 250,000 $12 Tomatoes $1 $3 The unit cost per case of Canned Tomatoes (using the physical volume method) is (round to 2 decimal places) Question 17 options: $0.84 $3.84 $2.84 $1.84 Save Question 18 (2.5 points) A cost that is incurred between the split-off point and the point of sale is known as a: Question 18 options: Unit cost Split-off cost Separable cost Joint cost Save Question 19 (2.5 points) Company X uses a joint processing system for it's 2 products Y & Z. As a result of using the physical volume method of joint cost allocation instead of the net realizable value method, they have overstated the unit cost for product Z and understated the unit cost for product Y If Company X prepares separate financial . statements for each of the 2 products, which of the following statements is true Question 19 options: There will be no effect on the Income Statements for either Y or Z Net Income for product Y will be overstated COGS for product Z will be overstated Gross Margin for product Z will be overstated Save Question 20 (2.5 points) Zell Company derives two products, Great and Grand, from a single process. Great and Grand can be sold either as is or after further processing. Costs and selling prices are as follows: Selling Product Gallons Price (as is) Great 30,000 $8/gallon Grand 20,000 $6/gallon Additional Processing Costs $50,000 $80,000 Selling price (after processing) $10/gallon $9.50/gallon Which of the following products should Zell Company process further? Question 20 options: Grand only both Great and Grand Great only neither Great nor Grand Save