Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Tabuan Wheeling Enterprise is embarking on supplying heavy duty roller tires to contractors of the Pan Borneo.
It will involve committing capital expenditure of RM1.0 million. The investment will be for the supply of four years contract after which the plants will be disposed for RM350,000 to the Pan Borneo Contractor, when the contract ends.
The capital investment will attract capital allowance of 25 percent per year on a reducing balance method, with corporation tax at 30 percent. The opportunity cost of capital is 10 percent.
The project is going to generate cash flow of RM300,000 each year for the first 2 years and RM400,000 each year for the balance of another two years.
Required:
Question i) Annual Cash Flow after tax including the disposable value of the company when the contract ends.
Question ii) Determine the Net Present Value of the contract and to recommend if the project is economically viable.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd