Reference no: EM131295593
A machine that cost $696,000 has an estimated residual value of $29,000 and an estimated useful life of 29,000 machine hours. The company uses units-of-production depreciation and ran the machine 6,000 hours in year 1, 8,000 hours in year 2, and 12,000 hours in year 3.
Calculate its book value at the end of year 3. (Do not round intermediate calculations.)
Review the latest uav or drone rules published in december
: Review the latest UAV/drone rules published in December, 2015, and determine if this is the right step for the FAA to be taking. Some thoughts to consider: Does this new rule make it safer for the public?
|
Prepare an analysis of this offer for the hotel manager
: Grand Garden is a luxury hotel with 150 suites. Its regular suite rate is $220 per night per suite. The hotel’s cost per night is $145 per suite and consists of the following. Prepare an analysis of this offer for the hotel manager.
|
What was the total capital balance for the partnership
: Cleary, Wasser, and Nolan formed a partnership on January 1, 2012, with investments of $100,000, $150,000, and $200,000, respectively. Net income was $150,000 in 2012 and $180,000 in 2013. Each partner withdrew $1,000 for personal use every month dur..
|
Use five year planning horizon
: You are considering buying a new SUV for your late-night beer delivery service. The SUV will cost $25,000, with a salvage value of $5,750 after five years. The vehicle will be used to travel 30,000 miles per year. You expect to have a yearly income o..
|
Calculate its book value at the end of year three
: A machine that cost $696,000 has an estimated residual value of $29,000 and an estimated useful life of 29,000 machine hours. The company uses units-of-production depreciation and ran the machine 6,000 hours in year 1, 8,000 hours in year 2, and 12,0..
|
Determine the internal rate of return for each project
: The management of South Texas Tourism Co. is considering two capital investment projects. The estimated Net Cash Flows from each project are as follows: Determine the Internal Rate of Return for each project by computing the Net present Value of an A..
|
Amount of under or overapplied manufacturing overhead
: For Eckstein Company, the predetermined overhead rate is 127% of direct labor cost. During the month, Eckstein incurred $108,000 of factory labor costs, of which $87,200 is direct labor and $20,800 is indirect labor. Actual overhead incurred was $115..
|
Using a dual-rate method of cost allocation
: If a support department’s fixed costs were budgeted to be $70,000 and the actual fixed costs incurred by the support department were $75,000, using a dual-rate method of cost allocation the total amount of the support department’s fixed costs that sh..
|
What was the percentage flotation cost on the net proceeds
: The Running Man Gym Equipment Inc., held a rights offering on January 2, 2011. Each right was valued at $0.50, while the cum-right share price was $3.00. Two rights were required to buy each new share. Before the rights offering, the firm had 10 mill..
|