What is the selling price of the combi boiler

Assignment Help Accounting Basics
Reference no: EM133003694

Question - Akaya Heating Boiler Industry Limited Company a new type of natural gas combi boiler has developed. R&D expenses related to this are 225 thousand TL and the amount of the investment is 1,145 million. TL. He also incurred the following expenses:

Labor is 30 thousand TL in the first year and increases by 15% every year.

Energy is 25 thousand TL in the first year and is increasing by 4% every year.

Management and marketing is 35 thousand TL in the first year and is increasing by 3 thousand every year.

R&D costs 30 thousand TL every year.

Operating expenses are 40 thousand TL each year.

Material cost per boiler is 418 TL.

The service life of this service is 10 years.

The capital cost of the company is 25%.

The company wants to make a profit of 32% per combi boiler. The number of combi boilers this type will produce year is 2,300.

In this case, what is the selling price of the combi boiler?

Reference no: EM133003694

Questions Cloud

What al must invest today : What Al must invest today? Al Miler, the owner of Al's Garage, estimates that he will need $29,000 for new equipment in 15 years.
What the amount mia will have to deposit is : Using the tables in the handbook, the amount Mia will have to deposit is? Mia Kaminsky wants to attend Riverside Community College.
Which the last step in liquidating a partnership is to : Assuming cash is available, the last step in liquidating a partnership is to? distribute cash to partners based on their profit and loss ratio.
How much do pay on interest : If the load is compounded monthly, and you put down a $5,000 down payment, what is monthly payment? How much do pay on interest?
What is the selling price of the combi boiler : Energy is 25 thousand TL in the first year and is increasing by 4% every year. What is the selling price of the combi boiler
Which the double declining balance method will provide : Which the double declining balance method will provide the greatest tax advantage during the first year of an assets life because
What rate have sales been growing : Sawyer Corporation's 2015 sales were sales were $11 million. It's 2010 sales were at $5.5 million. At what rate have sales been growing?
Examine the internal and external business environment : Understand and demonstrate academic integrity and authentic engagement with information and Examine the internal and external business environment
What amount should barger report each item : What amount should Barger report each item? Barger Enterprises has an unusual or infrequent loss of $300,000, an unusual gain of $700,000.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Make journal entry to record depreciation expenses

Carina Co. Ltd. , Recoverable amount of the machine at 31 December, 2019 is $680,000, prepare journal entry (if any) relating to this.

  Compute the minden co price-to-earnings ratio

A dividend of $10,000 was paid to the common shareholders. There are 1,000 shares in the issue. Compute the Minden Co.'s price-to-earnings ratio

  Positive or a negative development

Why have several countries recently introduced auditor oversight bodies? Is this a positive or a negative development?

  Give your views on given statement

Young people with little wealth should not invest money in risky assets such as the stock market, because they can't afford to lose what little money they have." -  Do you agree or disagree with this statement? Why?

  How much revenue should maas recognize in the first year

Maas LLP developed software that helps farmers to plow their fields in a manner. How much revenue should Maas recognize in the first year of the contract?

  Horatio needs money to purchase a house

What are Horatio's new payments for the remaining 27 years? Assume the interest rate remains the same as in Q1.

  A perpetual record of a raw materials item that records

1. a perpetual record of a raw materials item that records data on the quantity and cost of units purchased units

  What was the price of the bond when was issued

What was the price of this bond when it was issued? Explain whether the bond was traded at a discount, at par or at a premium?

  What is the depreciation expense of this plant asset

The straight-line method will be used for depreciation. What is the 2019 depreciation expense of this plant asset

  Dans house payment on his residence is 2000 per month of

dans house payment on his residence is 2000 per month of which 1800 is interest and real estate taxes with the

  Why would you select the percentage of sales method

Why would you select the percentage of sales method on calculating doubtful accounts as opposed to the percentage of receivables method? Which method favors the income statement? Which method favors the balance sheet?

  Create the operating activities section of the cash flows

Prepare the operating activities section of the statement of cash flows using the indirect method.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd