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PLEASE ANSWER ALL, I REALLY NEED YOUR HELP! THANK YOUUU! Wildhorse, Inc. is considering purchasing equipment costing $60000 with a 6-year useful life. The equipment
PLEASE ANSWER ALL, I REALLY NEED YOUR HELP! THANK YOUUU!
Wildhorse, Inc. is considering purchasing equipment costing $60000 with a 6-year useful life. The equipment will provide annual cost savings of $16600 and will be depreciated straight-line over useful life with no salvage value. Wildhorse requires a 10% rate of return. Present Value of an Annuity of 1 Period 8% 9% 10% 11% 12% 15% 6 4.623 4.486 4.355 4.231 4.111 3.784 What is the approximate net present value of this investment? $39600 $10234 $14468 $12293 Concord Corporation recorded operating data for its shoe division for the year. $640000 160000 Sales Contribution margin Total fixed costs Average total operating assets 90000 200000 How much is ROI for the year if management is able to identify a way to improve the contribution margin by $10000, assuming fixed costs are held constant? 14% 40% O O O O 35% 25% Sheffield Corp. expects direct materials cost of $9 per unit for 50000 units (a total of $450000 of direct materials costs). Sheffield's standard direct materials cost and budgeted direct materials cost is Standard Budgeted $9 per unit $450000 per year o $450000 per year $450000 per year O $450000 per year $9 per unit O $9 per unit $9 per unit The per unit standards for direct labor are 2 direct labor hours per unit at $12 per hour. If the actual direct labor payroll cost was $25,600 for 2,000 direct labor hours worked to produce 1,200 units, the total direct labor variance is o $3,200 favorable. $3,200 unfavorable. $1,000 unfavorable. $960 unfavorableStep by Step Solution
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