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Average Rate of Return-Cost Savings Wisconsin Fabricators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $90,000 with a $10,000 residual value and a 10-year life. The equipment will replace one employee who has an average wage of $30,000 per year. In addition, the equipment will have operating and energy costs of $4,500 per year. Determine the average rate of return on the equipment, giving effect to straight-line depreciation on the investment. If required, round to the nearest whole percent.
target corporation a major u.s. retailer reported the following amounts in the asset section of its balance sheets for
sherris tan-o-rama is a local tanning salon. the following information reflects its number of appointments and total
dester manufacturing company makes a product that it sells for 50 per unit. the company incurs variable manufacturing
in preparing the direct materials budget for quan company management concludes that required purchases are 64000 units.
compute fifo lifo and average cost - periodic and perpetual some of the information found on a detail inventory card
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a. Determine the budgeted manufacturing overhead rate for each department. b. Prepare the necessary journal entries to summarize the March transactions for Department 100. c. What is the total cost of Job A?
Determine the market price and related interest expense of an $800,000, ten-year, 10% (pays interest semiannually) bond issue sold to yield an effective rate of 12%.
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healthy products inc. uses a traditional product costing system to assign overhead costs uniformly to all products. to
materials costs of 500000 and conversion costs of 535500 were charged to a processing department in the month of
Translations and Reporting Issues
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