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A second hand textbook store owner wants to increase sales to students by inserting a new disk into texts for courses that require students use additional resources on the disk. This will enable students that purchase the used text to have access to the software license that is normally used up by the original text owner. The store owner has a cost for the disk but is unsure of how long it will take to insert the new disk since this process will be manual and labourious. He decides to conduct some time studies. The books are in boxes, 20 books per box. He observes the worker he has hired to record the times it takes him to replace a box of books. The owner records the time for 10 boxes of books. Since he realizes the worker will get fatigued as the day progresses he builds in a performance rating factor of .93. The worker will also need personal breaks such as going to the bathroom so the owner builds in an allowance factor of .02. T
Problem 1: Calculate the standard time of this worker so the owner can know how to calculate a cost for the labour component of this process.
Compute the project's net present value if required rate of return is 22%.Initial investment of this project is $ 1080000, without salvage value in 8 years.
How much money would you have to request now so that it could be invested and used to pay for the maintenance with nothing left in the account
Based on your operational model, identify which product cost definition is being used: value-chain, operating, or product (manufacturing).
What is the materials purchase price variance? Thomas company uses a standard cost system and recognizes the materials purchase price variance.
Allure Company manufactures and distributes two products, M and XY. What is the total overhead allocated to Product XY using the current system?
Calculate the number of units and sales amount that must be sold in order for Mango Ltd to make a profit of $ 175000 per month
The Motor Vehicle Repair Fund ordered supplies at an predictable cost of $92,000 and the supplies ordered in (1) were received at invoice costs of $91,400; these invoices were approved for payment.
Describe the company researched, indicating the primary products manufactured. Examine the effect of changes in the variable cost / fixed cost structure of the company on cost- volume analysis decisions by managers.
Make a presentation the purpose of budgeting, approaches used in budget preparation, and advantages and limitations of budgeting.
key provisions of the Sarbanes-Oxley Act of 2002. Order your list from most important to least important in terms of the likely long-term impact on the accounting profession and financial reporting.
How do you calculate the sales return for Jerry inc and for Kate Co when comparing the profitability of two customers
Journalize the adjusting entries. Add additional accounts as needed - Determine the balances of the accounts affected by the adjusting entries and prepare an adjusted trial balance.
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