Reference no: EM132743624
Factor Company built an item of plant manufacturing division. The costs incurred for the construction of the plant are as follows:
Contractors' cost Php 20,000,000;
Direct materials and labor used in the construction Php 8,000,000;
Engineering and technical overheads, Php 2,000,000;
Interest cost incurred to finance construction Php 1,000,000 and
general administrative cost allocated Php 1,500,000.
Of the direct materials and labor used, Php 1,500,000 is attributable to cost of inefficiencies caused by a labor strike.
Problem 1: During the construction of the asset, Factor Company entered into an incidental operation wherein the company uses the vacant plant site as parking lot. Total revenue from the parking lot was Php 125,000 and related cost incurred was Php 10,000. At what amount should the manufacturing plant be initially recorded?
|
How much money will ez have in the account
: Please show in excel & include detailed explanation of the math. For excel please provide what you entered for PV, FV, PMT, NPER, RATE, TYPE.
|
|
Explain what was cost of goods sold
: During February the company produced 1,150 units at a cost of $18 per unit. If Higgins sold 1,700 units in February, what was its cost of goods sold?
|
|
Should the project be accepted or rejected
: Compute the NPV statistic for Project Y if the appropriate cost of capital is 11 percent. Should the project be accepted or rejected
|
|
What is the net present value of the decision
: Victor Manufacturing Company is considering investing in a new machine at a price of $25.5 million to replace its existing machine. The current machine
|
|
What amount should manufacturing plant be initially record
: Factor Company built an item of plant manufacturing division. What amount should the manufacturing plant be initially recorded?
|
|
Explain the different types of bonds
: Explain the different types of bonds and their characteristics.
|
|
Calculate the amount of severance pay
: John Peterson was employed by an insurance company in, Lethbridge, Alberta since July 1986. He was earning $1800 biweekly when his employment was terminated on.
|
|
Identify the more popular types of bonds
: Identify the more popular types of bonds and elaborate where necessary.
|
|
How much is non-controlling interest under partial goodwill
: Basahin Company acquires 80% of Mabuti Company for P600,000 on January 1, 20x8. Mabuti reported capital stock of P400,000 and retained earnings of P200,000.
|