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need help asap with accounting for these 5 questions Machine Replacement Decision A company is considering replacing an old piece of machinery, which cost $598,700

need help asap with accounting for these 5 questions
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Machine Replacement Decision A company is considering replacing an old piece of machinery, which cost $598,700 and has $348,900 of accumulated depreciation to date, with a new machine that has a purchase price of $483,700. The old machine could be sold for $64,200. The annual variable production costs associated with the old machine are estimated to be $157,400 per year for eight years. The annual variable production costs for the new machine are estimated to be $99,000 per year for eight years. a.1 Prepare a differential analysis dated May 29 to determine whether to continue with (Alternative 1) or replace (Alternative 2) the old machine. If an amount is zero, enter " 0 ", If required, use a minus sign to indicate a loss. Differential Analysis Continue with Old Machine (Alt. 1) or Replace Old Feedback "Busin, wina For the continue and replace alternatives subtract the costs from the revenues. Multiply the variable production costs for the eight year life. Determine the differential effect on income of the revenues, costs, and income (loss) by subtracting alternative 1 from alternative 2 . a.2 Determine whether to continue with (Alternative 1) or replace (Alternative 2) the old machine. Feedback tomivina Compare the differential revenues and differential costs of continuing vs. replacing. Which one has the greatest positive differential effect on income? b. What is the sunk cost in this situation? The sunk cost is 5 Differential Analysis for Machine Replacement Boyer Digital Components Company assembles circuit boards by using a manually operated machine to insert electronic components. The original cost of the machine is $83,300, the accumulated depreciation is $33,300, its remaining useful life is five years, and its residual value is negligible. On May 4 of the current year, a proposal was made to replace the present manufacturing procedure with a fully automatic machine that has a purchase price of $173,300. The automatic machine has an estimated useful life of five years and no significant residual value. For use in evaluating the proposal, the accountant accumulated the following annual data on present and proposed operations: a. Prepare a differential analysis dated May 4 to determine whether to continue with the old machine (Alternative 1) or replace the old machine (Alternative 2 ). Prepare the analysis over the useful life of the new machine. If an amount is zero, enter " 0 ". If required, use a minus sign to indicate a loss. Accepting Business at a Special Price Power Serve Company expects to operate at 88% of productive capacity during May. The total manufacturing costs for May for the production of 28,160 batteries are budgeted as follows: The company has an opportunity to submit a bid for 2,000 batteries to be delivered by May 31 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during May or increase the selling or administrative expenses. What is the unit cost below which Power Serve Company should not go in bidding on the government contract? Round your answer to two decimal places. $ per unit Product Cost Method of Product Costing MyPhone, Inc. uses the product cost method of applying the cost-plus approach to product pricing. The costs of producing and selling 5,460 cell phones are as follows: MyPhone desires a profit equal to a 14% rate of return on invested assets of $598,800. a. Determine the amount of desired profit from the production and sale of 5,460 cell phones. $ b. Determine the product cost per unit for the production of 5,460 of cell phones. Round your answer to the nearest whole dollar. $ per unit c. Determine the product cost markup percentage for cell phones. Round your answer to two decimal places. % d. Determine the selling price of cell phones. Round your answers to the nearest whole dollar. Target Costing Laser Cast Inc. manufactures color laser printers. Model 120 presently sells for $300 and has a product cost of $240, as follows: It is estimated that the competitive selling price for color laser printers of this type will drop to $290 next year. Laser Cast has established a target cost to maintain its historical markup percentage on product cost. Engineers have provided the following cost-reduction ideas: 1. Purchase a plastic printer cover with snap-on assembly, rather than with screws. This will reduce the amount of direct labor by 9 minutes per unit. 2. Add an inspection step that will add six minutes per unit of direct labor but reduce the materials cost by $6 per unit. 3. Decrease the cycle time of the injection molding machine from four minutes to three minutes per part. Thirty percent of the direct labor and 45% of the factory overhead are related to running injection molding machines. The direct labor rate is $21 per hour. a. Determine the target cost for Model J20, assuming that the historical markup on product cost and selling price are maintained. Round your final answer to two decimal places. $ per unit b. Determine the required cost reduction. Enter as a positive number. Round your final answer to two decimal places. $ per unit c. Evaluate the three engineering improvements together to determine if the required cost reduction (drift) can be achieved. Enter all amounts as positive numbers. Do not round interim calculations but round your final answers to two decimal places

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