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A track dozer cost $165,000 to purchase. Fuel, oil, grease, and minor maintenance are estimated to cost $35.00 per operating hour. A major engine repair costing more than $26,000 will probably be required after 7,200 hrs of use. The expected resale price (salvage value) is 21% of the original purchase price. The machine is expected to have a useful life of 10,800 hours. How much should the owner of the machine charge per hour of use, if it is expected that the machine will operate 1,800 hours per year? The company’s cost of capital rate is 7.3% per annum.
franklin glass works uses a standard cost system in which manufacturing overhead is applied on the basis of standard
impact of increase in production volume on sales cost and income.redi-watt generators inc. produced emergency backup
The margin requirement on the S&P 500 futures contract is 10%, and the stock index is currently 1,200. Each contract has a multiplier of $250. How much margin must be put up for each contract sold? If the futures price falls by 1% to 1,188, what will..
how you report equipment that cost $27,000 with accumulated depreciation ot $25,000 sold at a gain of $10,600 on a indirect cash flows statement?
If a CPA knows that the client has a material error on a prior year’s return, he should not, without the client’s consent, disclose the error to the IRS.
question head-first company plans to sell 5080 bicycle helmets at 68 each in the upcoming year. unit variable cost is
The fixed costs for the plane are $3,000 per day whether it flies or not. A) Should the airline replace its night flight from Los Angeles with a morning flight? b) Should the airline remain in business?
Explain the meaning of 'integrity' and its importance in professional relationships such as those described in the case Key words for integrity
Schaefer Organic Farms purchased a new tractor at a cost of $80,000. Annual operating cash inflows are expected to be $30,000 each year for four years. At the end of the teachers useful life, the salvage value of the tractor is expected to be $5000. ..
Partnership agreement of Nieto, Keller, and Pickert provides for the subsequent income ratio
Evaluate the Chmelar Manufacturing cost. Chmelar Manufacturing Company developed the following data:
In Company's 2014 statement of cash flows, total cash used in investing activities should be?
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