Reference no: EM132533789
Question - Innovating Motors Company makes electric cars and has two products, the iHybrid and the iBrilliant. To produce the iHybrid, Innovating Motors employed assets of $10,500,000 at the beginning of 2017 and $14,450,000 of assets at the end of 2017. Other costs to manufacture the iHybrid include the following:
Direct materials $5,000 per unit
Setup $1,500 per setup-hour
Production $ 415 per machine-hour
General administration and selling costs for Simplegreen total $7,820,000 in 2017. During the year, Innovating Motors produced 11,000 iHybrid cars using 6,000 setup-hours and 139,000 machine-hours. It sold these cars for $12,000 each.
Required - Assuming that Innovating Motors defines investment as average assets during the period, what is the return on investment for the iHybrid division?
|
Discuss how each theory or model influences multiculturalism
: Discuss how each theory or model influences multiculturalism, inclusion, and policy making for adult learners. Include at least three theories or models.
|
|
Balance the duties of corporate governance
: Describe how leaders manage and balance the duties of corporate governance, compliance, and regulatory issues with the needs of their stakeholders,
|
|
What problems in california governor newsom addressing
: California has hundreds of special districts, school districts, cities and counties. All of these local governments are run by elected politicians.
|
|
How production department should generally be responsible
: How The production department should generally be responsible for materials price variances that resulted from?purchases made in uneconomical lot-sizes.
|
|
What is the return on investment for the iHybrid division
: Assuming that Innovating Motors defines investment as average assets during the period, what is the return on investment for the iHybrid division
|
|
Calculate the amortization expense
: The patent cost $21,000. The patent has life of twenty years, but Calico only expects to be able to sell drug for fifteen years. Calculate amortization expense
|
|
Third-degree burns was excessive
: Do you believe that the jury's award of $2.7 millions for third-degree burns was excessive?
|
|
How much is the gain for the equipment sale entry
: Adelphi uses the double declining method for depreciation. Using this information, how much is the gain or (loss) for the equipment sale entry
|
|
Write short essay defending cansco
: Find three cases that support Cansco's defense in this case. Write a short essay defending Cansco.
|