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Practice Differential Analysis
Kim Kwon Digital Components Company assembles circuit boards by using a manually operated machine to insert electronic components. The original cost of the machine is $60,000; the accumulated depreciation is $24,000; its remaining life is five years; and its residual value is zero. On May 4 of the current year, a proposal was made to replace the present manufacturing procedure with a fully automatic machine that has a purchase price of $180,000. The automatic machine has an estimated useful life of five years and no significant residual value. For use in evaluating the proposal, the accountant accumulated the following annual data on present and proposed operations:
PresentOperation
ProposedOperation
Sales
$205,000
Direct materials
$72,000
Direct labor
$51,000
-
Power and maintenance
$5,000
$18,000
Taxes, insurance, etc.
$1,500
$4,000
Selling and administrative
$45,000
Total expenses
$174,500
$139,000
Your paper should meet the following requirements:
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