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Question - Topic - Capital Budgeting - The RHIANE Corporation is planning to add a new product line to its present business. The new product will require a new equipment costing P1,200,000 with a five-year life with no salvage value. The following estimates are made available: Annual Sales P6,600,000; Materials P2,200,000; Labor P900,000; FOH (excluding depreciation) P500,000; Selling and Administrative Expenses P1,500,000; and Income tax of 40%. Compute the net cash inflows using liquidity and yield preference theories.
Product with an actual labor cost of $10 each. What is total labor cost in the flexible budget and what is the total volume variance for labor
Prepare the journal entries to revalue the building under the revaluation model using: the asset adjustment (direct) method
What minimum price would you recommend for an acceptance of the offer to insure the manufacturer an overall profit of Rs.33,46,000
If Oscar acquires the new machine and operates it according to specifications, what residual income is expected for next year
A company plans to sell 360000 units per annum of a new product. Calculate the probability of earning a monthly contribution of grater than R510000.
Drew paid $25,000 plus $1,250 in sales tax, and $1,000 in freight and set-up charges for the tractor. What is Drew basis in the tractor for depreciation purpose
During the month of May, the company produced 15,180 units of its product, requiring 2,030 direct labor hours. Compute the standard overhead cost per unit
What The cost of production report for the month of March 2020? The quantity schedule of mixing department for March 2020 shows that 5,000 units
Use variance analysis to explain the causes of the increase in revenue from 2007 to 2008. Show your computations neatly, and clearly label the appropriate variances.
Department no. 1 to Department no. 2 for further work. Which of the following best describes the account that would be credited to record this transfer?
Sheffield Corp. maintains its accounting records using IFRS. The company recently signed a lease for a new office building, for a lease period of 9 years.
Underapplied overhead analysis Tyler Company applies manufacturing overhead. How many direct labor hours did Tyler Company incur during August?
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