Assignment: Capital Budgeting Decisions
Your company is considering undertaking a project to expand an existing product line. The required rate of return on the project is 8% and the maximum allowable payback period is 3 years.
time
0
1
2
3
4
5
6
Cash flow
$ 10,000
2,400
4,800
3,200
3,200
2,800
2,400
Evaluate the project using each of the following methods. For each method, should the project be accepted or rejected? Justify your answer based on the method used to evaluate the project’s cash flows.
Payback period
Internal Rate of Return (IRR)
Simple Rate of Return
Net Present Value
Answers
Answer:
NPV 4,648
Payback period 2.88
IRR 22.69%
Simple rate of return 31.33%
Explanation:
Payback period = 2 year + (10,000 – cash in year 1 – cash in year 2)/ cash in year 3 = 2.88 years
Net Present Value = -10000 + 2400/(1+8%) + 4800/(1+8%)^2+ 3,200/(1+8%)^3 + 3,200/(1+8%)^4 + 2,800/(1+8%)^5 + 2,400/(1+8%)^6 = 4,648
Simple Rate of Return = average cash inflow/ investment = ((2,400+4,800+3,200+3,200+2,800+2,400)/6)/10,000 = 31.33%
Internal Rate of Return (IRR): we can use excel to calculate
Please see excel attached
Related Questions
Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credit to their accounts. All of Halifax’s sales are for credit (no cash is collected at the time of sale). The company began 2021 with a refund liability of $400,000. During 2021, Halifax sold merchandise on account for $12,500,000. Halifax merchandise costs it 70% of merchandise selling price. Also during the year, customers returned $613,000 in sales for credit, with $338,000 of those being returns of merchandise sold prior to 2021, and the rest being merchandise sold during 2021. Sales returns, estimated to be 5% of sales, are recorded as an adjusting entry at the end of the year. A) Prepare the entry to record the merchandise returns and the year-end adjusting entry for estimated returns. Note: Record the estimated returns at net amounts. B) What is the amount of the year-end allowance for sales returns after the adjusting entry is recorded?
Answers
A)To record the merchandise returns: Sales Returns and Allowances $613,000 Accounts Receivable $613,000 To record the year-end adjusting entry for estimated returns:
Estimated Sales Returns and Allowances $625,000Allowance for Sales Returns and Allowances $625,000 The estimated sales returns and allowances of $625,000 is calculated as follows: Sales = $12,500,000 Estimated returns (5% of sales) = $625,000 Since $338,000 of the returns were for merchandise sold prior to 2021, we need to subtract this amount from the total returns to determine the amount of returns for merchandise sold during 2021: Returns for merchandise sold during 2021 = $613,000 - $338,000 = $275,000 The net amount of the estimated returns is calculated as follows: Estimated returns = $625,000 Less: Returns for merchandise sold prior to 2021 = $338,000 Net estimated returns for merchandise sold during 2021 = $287,000 The adjusting entry is recorded for the net estimated returns of $287,000. B) The year-end allowance for sales returns after the adjusting entry is recorded is calculated as follows: Refund liability at the beginning of the year = $400,000 Add: Returns for merchandise sold during 2021 = $275,000 Subtract: Net estimated returns for merchandise sold during 2021 = $287,000 Year-end allowance for sales returns = $388,000 Therefore, the year-end allowance for sales returns after the adjusting entry is recorded is $388,000.
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A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond
Answers
A promissory note can best be described as: a. an interest-bearing IOU.
What is promissory note?Promissory note can be defined as a written note that help to shows that a person who lend a money from another person promise to payback. The note contains a promise by the borrower to pay back the lender within a stipulated period of time.
A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which the borrower will have to payback.
A promissory note also contains the terms and conditions of the agreement and this terms and agreement includes the following :
The principal amountThe loan maturity dateThe interest etcTherefore we can conclude that the correct option is A.
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Anita wants to start an online business and not use her real name. What type of form
will Anita need to complete when opening a business? Choose the answer.
corporation
franchise
DBA (doing business as)
trademark
Answers
Answer:
trademark
Explanation:
if you deposit $1000 in a savings account with an interest rate of 5% what will be the future value?
Answers
The future value of the amount deposited in the savings account, in a year's time, would be $ 1, 050.
How to find the future value ?To calculate the future value of the deposit, we can use the formula:
FV = PV x (1 + r)^n
Where FV is the future value, PV is the present value (in this case, $1000), r is the interest rate (5%, or 0.05 as a decimal), and n is the number of compounding periods.
Assuming that the interest is compounded annually, n would be 1. So, plugging in the values, we get:
FV = 1, 000 x (1 + 0.05) ¹
FV = 1, 000 x 1.05
FV = 1, 050
Therefore, the future value of the deposit would be $1050 after one year, assuming an interest rate of 5% and annual compounding.
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lem is looking at new cars. each one he sees has a certain trim detail across the hood which he somewhat likes at the start of the day. at the end of the the day, he starts to really like the detail. his opinion is influenced by the .
Answers
Lem is considering new vehicles. At the beginning of the day, he kind of enjoys the trim detail that is there on the hood of each one he sees. He is swayed by the short channel effect in his judgment.
What is a simple exposure effect example?Simply put, the Confined To a single Effect is the phenomenon whereby people favor others or things just because they are accustomed to them. Babies, for instance, grin more at those who smile at them.
Is merely being exposed harmful?While the short channel effect strongly increases liking for novel, connotation-neutral stimuli, this research implies that repeated exposure may exacerbate originally negative attitudes by amplifying these adverse affective experiences.
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assume a companies require production in units for April are 94,000 units the direct labor hours per unit is 1.50 hours in a direct labor wage rate is 19 per hour. what is the budgeted direct labor cost for April
Answers
The budgeted direct labor cost for April is $2,679,000 when require production in units for April are 94,000.
To calculate the budgeted direct labor cost for April, we need to multiply the number of units to be produced by the direct labor hours per unit and the direct labor wage rate.
Budgeted direct labor cost for April = Number of units * Direct labor hours per unit * Direct labor wage rate
Number of units to be produced in April = 94,000
Direct labor hours per unit = 1.50 hours
Direct labor wage rate = $19 per hour
Budgeted direct labor cost for April = 94,000 * 1.50 * $19
= $2,679,000
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Direct labor is ______.
Answers
Direct Labour is the sum of money given to employees who are directly involved in the manufacturing of items. It varies in direct proportion to production level.
What distinguishes direct from indirect labour?
Only labour engaged in the manual production of products and services is regarded as direct labour, which is how direct labour differs from indirect labour. Indirect labour is the default classification for all other work.Is the cost of direct material fixed?
A prime example of a variable cost is the price of direct materials. Remember that a fixed cost is one that keeps the same overall and reduces as a result per unit as the activity level rises.What is an example of indirect labour?
The production manager, the buying staff, the material handling staff, the material management staff, and the quality control staff are a few examples of indirect labour employment.To know more about labour, check out this link:
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are the core processes that make up the value
Stream Examples include purchasing, production and/or service, marketing
and sales. Drag the correct answer to the box
Operational processes
Usper-management processes
Supporting processes
Submit answer
Answers
Answer:
Operational processes
Production and or Service
Upper-management processes
Purchasing
Supporting processes
Marketing and Sales
Explanation:
There are many types of processes in an organisation few of them are given in the question and the answers to them are provided.
The correct answers are given as follows
The correct answer is provided after the type of process
Operational processes
Production and or Service
Upper-management processes
Purchasing
Supporting processes
Marketing and Sales
Does the number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system?
Answers
Answer:
The number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system is explained below in detail.
Explanation:
Federal Reserve acquisitions of federal agency securities and mortgage-backed agreements have decreased mortgage interest valuations, advancing home-buying more affordable. The Federal Reserve emerged new laws for credit cards, contracts, and other financial outputs following the furrow of the financial crisis.
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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How does a command economy differ from a mixed market economy?
In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights.
In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property.
In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property
Answers
Answer:
Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.
Answer:
In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights.
Explanation:
so easy
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Jose can't wait to buy his first car next month. He imagines that he will make several new friends at school since everyone will want to ride in his car. He is even having a hard time concentrating on filling orders at the restaurant where he works. Does Jose's thinking have an ethical component? Who is most affected by Jose's conduct? *
Answers
Answer:
His thinking does NOT have a ethical componet.
HISELF is most affected by his conduct.
Answer:
C
Explanation:
im him
Type the correct answer in the box. Spell all words correcty.
George has to present the goals of information management to his team member. What is a goal of Information management?
The goal of Information management is to identify information requirements for various what levels
Answers
Answer and Explanation:
The information management refers to manage the information in effecetive and efficient manner. It could be in terms of storing, organizing, developing, using, distributing the information so that it became useful for the organization
Here, the goal of information management is to identify the requirement of the information for various management levels so that it can be used in appropriate manner.
Answer:
The answer is: management
what are the likely reason(s) that the market for dress shirts is not perfectly competitive? select all that apply.
Answers
The likely reason(s) that the market for dress shirts is not perfectly competitive are option 3 and 4:
It is difficult to enter or exit the industry as a supplierThere are few sellers in the marketWhat constitutes flawless competition?When at least one prerequisite for a perfect market is not satisfied, imperfect competition results. Monopolies and oligopolies are two instances of imperfect competition, but there are others as well.
Therefore, In contrast to the ideal competitive market scenario, imperfect competition occurs when there are many vendors, but they are selling heterogeneous (different) items. Competitive markets that are inherently flawed, as the name suggests.
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See full question below
What are the likely reason(s) that the market for dress shirts is not perfectly competitive? Please select all that apply.
1)Dress shirts are not a standardized (homogeneous) product.unchecked
2)There are few buyers in the market.
3)It is difficult to enter or exit the industry as a supplier.
4) There are few sellers in the market.
1. The executive summary of a project report shall concentrate on a: Major project inputs and outputs: b. The degree of reliability of the data c. The margin of error in terms of uncertainty and risk The project design c/ All of the following
Answers
All the given options are part of the project management that happens in the company or a firm.
What is an executive summary of a project?An executive summary in the project the executives is a synopsis of the most basic data of your undertaking proposition. It's beginning and end that administration has to know when they land on your undertaking before they audit venture plan.
The management included "triangle" of extension, time, and cost has been illuminating undertakings starting from the primary colleague employed to achieve a task. In the essential arrangement of a triple limitation, one of three components can oblige an undertaking.
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what is the background of the unilever company?
Answers
Answer:
Ueliever somthing i forgot
Explanation:
(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Answers
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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Live Forever Life Insurance Co. is selling a perpetuity contract that pays $1,050 monthly. The contract currently sells for $70,000. a. What is the monthly return on this investment vehicle
Answers
Answer:
a. 1.5% monthly
b. 18% per annum
c. 19.56%
Explanation:
Below are the missing sub-questions
"b. What is the Annual Percentage Rate?
c. What is the effective annual return?"
Solution
a. Monthly return = 1,050 / 70,000
Monthly return = 0.015
Monthly return = 1.5% monthly
b. APR = 12 month * 0.015
APR = 0.18
APR = 18% per annum
c. EAR = (1+0.015)^12 -1
EAR = 1.015^12 - 1
EAR = 1.195618 - 1
EAR = 0.195618
EAR = 19.56%
Ava School of Learning obtained a charter at the start of the year that authorized 50,000 shares of no-par common stock and 20,000 shares of preferred stock, par value $10. During the year, the following selected transactions occurred:
a. Collected $42 cash per share from four individuals and issued 5,200 shares of common stock to each.
b. Issued 6,200 shares of common stock to an outside investor at $42 cash per share.
c. Issued 8,200 shares of preferred stock at $22 cash per share.
Required:
Prepare the journal entries indicated for each of these transactions.
Answers
Answer:
plan c
Explanation:
I just guessed !!!! thanks for the points though
Answer:
plan c
Explanation:
my answer it coudn't be
PLEASE HELP AND THE DUE DATE IS TODAY.
-No Spam(Will be reported immediately
-No incorrect answers (Will be reported immediately)
-Correct Answers will be MARK AS BRAINLIEST
Answers
Answer:
A) cheque
B) Bank statement
C) Receipt
D) Invoice
Marcie goes to the salon and has a pedicure and a manicure. What has Marcie purchased from the salon?
A.) A good
B.) A good and a service
C.) Neither
D.) A service
Answers
D.) A service
Slove 56 is 5 1/2% of what
Answers
For the mentioned problem, 56 is 5¹/₂ percent of 1018.08.
What is percent?In mathematics, percentage is said to be a number or ratio expressed as a fraction of 100. It is commonly represented by the percent sign '%', but abbreviations such as 'pct.', 'pct', and 'pc' may also be used. Percentages are dimensionless numbers as they have no units of measure.
Percent may be calculated by dividing the value by the total and multiplying the result by 100. The equation used to calculate the percentage is (value/total) * 100%.
For the given question:
5¹/₂% = 11/2%
11/2% of x = 56
(11/200) × x = 56
x = 56 × (200/11)
x = 1018.08
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1) Giving examples explain Eight (8) types of leadership styles(10mks)
2) Explain the do’s and don’ts of communication(5mks)
3) Explain the how managers can use motivation theories to motivate employees(10mks)
Answers
Answer:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility.
Answer:
Explanation:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility
Match the terms with the appropriate definition.
1. arbitration
desired outcome or achievement
2. bilingual
ability to use two languages fluently
3. compromise
the act of training an employee to also perform tasks performed by another employee
4. constructive criticism
activities outside the scope of your education or employment that enhance personal development and pleasure
5. cross-training
when a third party is consulted to make a final decision in resolving a conflict
6. extracurricular activities
explaining an error to another person in a positive way and offering ideas to avoid similar mistakes in the future
7. goal
to give up something to resolve a conflict
Answers
Answer:
1. goal
2.correct
3.cross training
4.extracurriculars
5.arbitration
6.constructive criticism
7.compromise
c
Which Energy career pathways work with renewable energy? Check all that apply.
Energy Conversion
Energy Generation
Energy Analysis
Energy Transmission
Energy Distribution
Answers
Answer:
bshahshshsjkdjdjxnx
Explanation:
energy analysis
energy distribution
energy conversion
Break-Even Sales
BeerBev, Inc., reported the following operating information for a recent year (in millions):
Sales $6,512
Cost of goods sold $1,628
Gross profit $4,884
Marketing, general, and admin. expenses 592
Income from operations $ 4,292
Assume that BeerBev sold 37 million barrels of beer during the year, that variable costs were 75% of the cost of goods sold and 50% of marketing, general and administration expenses, and that the remaining costs are fixed. For the following year, assume that BeerBev expects pricing, variable costs per barrel, and fixed costs to remain constant, except that new distribution and general office facilities are expected to increase fixed costs by $21.09 million.
Compute the break-even sales (in barrels) for the current year. Round your answer to two decimal places. Enter your answers in millions.
Answers
The break-even sales for the current year are 32.04 million barrels, rounded to two decimal places.
First, we need to calculate the total fixed costs for the current year
Fixed costs = Total costs - (Variable costs + Cost of goods sold x Variable cost % + Marketing, general, and admin. expenses x Variable cost %)
Fixed costs = $6,512 million - ($1,628 million + $1,221 million + $296 million)
Fixed costs = $3,367 million
Next, we can calculate the contribution margin per barrel:
Contribution margin per barrel = Price per barrel - Variable cost per barrel
We don't have the price per barrel, but we can use the gross profit and the number of barrels sold to calculate the average gross profit per barrel
Average gross profit per barrel = Gross profit / Barrels sold
Average gross profit per barrel = $4,884 million / 37 million barrels
Average gross profit per barrel = $132 per barrel
Assuming variable costs per barrel remain constant, we can use the variable cost % to calculate the variable cost per barrel
Variable cost per barrel = Cost of goods sold x Variable cost % / Barrels sold + Marketing, general, and admin. expenses x Variable cost % / Barrels sold
Variable cost per barrel = $1,628 million x 75% / 37 million barrels + $592 million x 50% / 37 million barrels
Variable cost per barrel = $27.03 per barrel
Therefore, the contribution margin per barrel is
Contribution margin per barrel = $132 - $27.03
Contribution margin per barrel = $104.97
Finally, we can calculate the break-even sales in barrels for the current year
Break-even sales (in barrels) = Fixed costs / Contribution margin per barrel
Break-even sales (in barrels) = $3,367 million / $104.97 per barrel
Break-even sales (in barrels) = 32.04 million barrels
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An increase in income is always possible with out increasing expenses.
O True
False
Answers
On October 1, 2018, Mills Company borrowed $131,000 cash on a one-year note that required Mills to pay 5 percent interest and $131,000 principal, both on September 30, 2019. Assuming the note is paid when due in 2019, what is the debit to interest expense when recording the payment of the note?
Answers
Answer:
the amount that debited to interest expense is $4,912.50
Explanation:
The computation of the amount that debited to interest expense is as follows:
Here we calculate it from Jan to Sep 30, the number of months would be 9 months
So, the amount of interest expense is
= $131,000 × 5% × 9 months ÷ 12 months
= $4,912.50
Hence, the amount that debited to interest expense is $4,912.50
What have you learned from the self-reflection in this class, and how do you think it will help you in the workforce? Be specific.
Okay, I will give you 45 points and mark you Brainliest if you answer this as good as you can. I would really appreciate if you can answer before 10:00pm 12/07/2020.
THANK YOU!!!
Answers
Answer:
The first week of this unit I had a mix of emotions, excitement and stress . The topics covered each week have giving me the opportunity to increase my knowledge in many areas. Having an interest in teaching when I started this course has now grown to having an interest in learning as well. Reflecting on my education as a child has shown me the growth in teaching and our current education system.
Professionalism was a great way to start the unit; this topic has giving me the chance to understand the responsibilities that teachers have to students and their parents. On beginning this topic I believed that professionalism was about ethics and how teachers conducted themselves in and out of the classroom. However while this is…show more content…
Cognitive learning and constructing knowledge are topics that hold a strong interest to me. Working with children that have language disorders and cognitive issues the more knowledge I gain in this area assist with the quality of instruction that I provide. Meaningful learning is vital in assisting students to learn and to store newly learned knowledge. Students will benefit from high quality concrete examples, simple and precise instructions. Language development should be encouraged and modelled students should have the opportunity to ask questions. Introducing new words within instructions will assist the student in extending their vocabulary. It is important for all students to put into words their understanding of the tasks being taught.
Understanding cognition and how we learn is essential in the developmental stages of children. Not all students learn in the same way, understanding the cognitive process will assist in the development of the students. By modifying my approach when giving instructions I have noticed growth in current students that I am working with. Using concrete materials and giving the opportunity for students to be involved in hands-on activities on a daily basis, is essential in making new material meaningful to learners.. The knowledge gained from this topic has increased my understanding.
Explanation:
Mr.and Mrs.Hawell want to file thier income tax return together. Which filling status should they use?
Answers
Answer:
married
Explanation:
dont really have one
Answer:
I took that test, the examples to choose from are:
1.)Head of House Hold
2.) Married Filing Jointly
3.) Married Filing Separately
And I know that Answer is:
2.) Married Filing Jointly
Explanation:
Married filing jointly alludes to a filing status for married couples that have marry before the finish of the assessment year. When documenting under wedded documenting mutually status, couples can record their individual earnings, exceptions and derivations on a similar assessment form. Married filing jointly is ideal if just a single life partner has a critical salary.