In Sunland Company's income statement, they report gross profit of $57000 at standard and the following...
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In Sunland Company's income statement, they report gross profit of $57000 at standard and the following variances: Materials price $420 F Materials 600 F quantity 420 Labor price U 1000 Labor quantity F Overhead 900 F Sunland would report actual gross profit of O $53660. O $60340. O $59500. O $54500. Blue Spruce Company has identified that the cost of a new computer will be $68000, but with the use of the new computer, net income will increase by $5000 a year. If depreciation expense is $3000 a year, the cash payback period is: O 22.7 years. O 13.6 years. O 34.0 years. O 8.5 years. In Sunland Company's income statement, they report gross profit of $57000 at standard and the following variances: Materials price $420 F Materials 600 F quantity 420 Labor price U 1000 Labor quantity F Overhead 900 F Sunland would report actual gross profit of O $53660. O $60340. O $59500. O $54500. Blue Spruce Company has identified that the cost of a new computer will be $68000, but with the use of the new computer, net income will increase by $5000 a year. If depreciation expense is $3000 a year, the cash payback period is: O 22.7 years. O 13.6 years. O 34.0 years. O 8.5 years.
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