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A company is considering the purchase of a new machine for $72,000. Management predicts that the machine can produce sales of $21,000 each year for the next 8 years. Expenses are expected to include direct materials, direct labor, and factory overhead totaling $5,000 per year plus depreciation of $9,000 per year. The company's tax rate is 40%. What is the payback period for the new machine?
abc company employs a periodic inventory system and sells its inventory to customers for 25per unit. abc company had
amanda and chris mcdermott own a small business plastic dollars which produces and maintains stored value cards for
Arrow manufactured 19,000 units of product during May using 142,500 pounds of direct material and 5,000 direct labor hours. a. Calculate the direct materials price variance for May.
If you purchased $6000 of inventory for cash; later in the same year one-half of the inventory was sold for $4000 on account. What would the amount of net income and net cash flow from operating activities.
The benefits from expenditures can be planned with certainty
fillip corporation makes 4800 units of part u13 each year. this part is used in one of the companys products. the
1. Kim Co. purchased goods with a list price of $182,100, subject to trade discounts of 30% and 20%, with no cash discounts allowable. How much should Kim Co. record as the cost of these goods?
harmon household products inc. manufactures a number of consumer items for general household use. one of these products
wallace corporation issued 3000 shares of 10 par value common stock in exchange for a giant water slide valued at
duo company reports the following information for the current year which is its first year of operations. direct
consider the following facts to quantify the tax costs of various taxable acquisition structures when the target is a
the balance in accounts receivable was 650000 at the beginning of the year and 350000 at the end of the year. credit
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