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Denny Corporation is considering replacing a technologically obsolete machine with a new state-of-the-art numerically controlled machine. The new machine would cost $600,000 and would have a 10 year useful life. Unfortunately, the new machine would have no salvage value. The new machine would cost $20,000 per year to operate and maintain, but would save $125,000 per year in labor and other costs. The old machine can be sold now for scrap for $50,000. What percentage is the simple rate of return on the new machine rounded to the nearest tenth of a percent? Ignore income taxes in this problem.
The Chandler Corporation began business on January 2, 2007. It is now time for Chandler to prepare its financial statements for 2007. The bookkeeper at Chandler was able to complete the asset section of the balance sheet, but he needs your help to..
triple companys accountant made an entry that included the following items debit postage expense 12.42 debit office
Budgeted variable overhead for the year is $120,000. Expected activity is 20,000 standard direct labor hours. The actual hours worked were 18,000 and the standard hours allowed for actual production were 19,500. The variable overhead efficiency va..
Kuczenski Corporations cost formula for its manufacturing overhead is $45,700 per month plus $53 per machine hour. For the month of March, the company planned for activity of 6,200 machine-hours, but the actual level of activity was 6,150 machine ..
marble company purchased a machine costing 120000 terms 110 n30. the machine was shipped fob shipping point and freight
the chief financial officer of the company believes a more realistic scenario would be a 2 million increase in sales
consider the advantages of performing dual tests. what are some examples of dual tests that you might normally
Unit variable costs and total fixed costs are expected to remain unchanged next year. Calculate the unit cost and the total cost of 51,000 units are produced next year.
charley corp. has outstanding accounts receivable totaling 2.54 million as of december 31 and sales on credit during
Describe one researched accounting position
The following materials standards have been established for a particular product: What is the materials quantity variance for the month?
how to include depreciation and working capital in the following NPV analysis, because depreciation for the machinery goes for longer than the project timeline, and working capital needs to be accounted for as a percentage of sales.
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