Question
please help me! 1 The Expert Corporation has develop the following flexible budget formula for annual indirect cost: TOTAL COST = P 4,800 + P0.50/MACHINE
please help me!
1 The Expert Corporation has develop the following flexible budget formula for annual indirect cost: TOTAL COST = P 4,800 + P0.50/MACHINE HOUR Operating budgets for the current month are base on P20,000 hours of planned machine time. Indirect labor costs included in this planing budget is how much.? 2 HardHead, Inc. recently acquired a machine at a cost of 64,000. It will be depreciated on a straight line method over eight years with no estimated salvage value. HardHead estimates that this machine will produce an net cash inflow (before income tax) P18,000. Assuming an income tax of 50%, what is the approximate payback period on this investment? 3 Ana Marie Company is planning to spend P84,000 for a new machine to be depreciated on the straight line basis over ten years with no salvage value. The related cash flow from operation, net of income taxes , is expected to be P10,000 a year for the first six years and P12,000 for each of the next four years What is the payback period. 4 Greta Ada Marie is planning to purchase a new machine for P500,000. The new machine is expected to produce cash flow from operation, before income tax, of P135,000 a year in each of the next five year. Assume that the income tax rate is 40%. The payback period will be approximately how many years? 5 The RMD Company uses the following flexible budget formula for annual maintenance cost : TOTAL COST = P7,200 + P0.60 PER MACHINE HOUR The current month budget is base u[on 20,000 hours planned machine time. Maintenance cost included in the flexible budget is how much? 6 to 9 The following were gathered from the records of RM Decir Enterprises Inventories: Beginning 90,000 Ending 60,000 Sales Credit 210,000 Cash Sales 60,000 Cost Of Sales 220,000 Account Receivable Beginning 40,000 Ending 80,000 Assume 365 days in a year Required : Compute as follows a. Receivable Turn over b. Average collection period c. Inventory Turn over d. Average age of inventory 10 The accounting records of RMD Coporation for 20A , among others, the following information: Proceeds fromsales of Common Stocks on cash basis 400,000 on Account 400,000 Purchase of inventories 4,200,000 Purchase of fixed assets 2,000,000 Proceeds of short term loans 500,000 Proceeds of long term loans 1,700,000 Assuming funds are identified as working capital, Calculate how much is the increase in working capital for the year ended December 31,20A based on the above information is:
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