Question
please assist! the Meat Mart has computed its fixed costs to be $.38 per pound given an average daily sales level of 500 pounds. It
please assist!
the Meat Mart has computed its fixed costs to be $.38 per pound given an average daily sales level of 500 pounds. It charges $5.59 a pound for top-grade ground beef. The variable cost per pound is $2.64. The tax rate is 34 percent. The accounting profit breakeven point is 211.5 pounds per day. What is the amount of the depreciation expense?
2- Project Q has an initial cost of $257,412 and projected cash flows of $123,300 in Year 1 and $180,300 in Year 2. Project R has an initial cost of $345,000 and projected cash flows of $184,500 in Year 1 and $230,600 in Year 2. The discount rate is 12.2 percent and the projects are independent. Which project(s), if either, should be accepted based on its profitability index value?
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