Answer: $153,782.70
Explanation:
The MACRS allowance percentages are as follows, commencing with Year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent.
In 4 years, the depreciation would be:
= Cost price * (4 year deprecation)
= 525,000 * (14.29% + 24.49% + 17.49% + 12.49%)
= $360,990
Book value :
= 525,000 - 360,990
= $164,010
Gain (loss) = Sale price - Book value
= 150,000 - 164,010
= ($14,010)
Tax payable = (14,010) * 27%
= ($3,782.70)
After-tax cash flow:
= Selling price - Taxes
= 150,000 - (-3,782.70)
= $153,782.70
<em>Note: If there are options, beware of rounding errors and pick nearest option. </em>
Answer:
$31,584
Explanation:
Pouch Corporation
Direct Labor Budget June July Total
Required production in units
2,100 1,900
Direct labor-hours per unit
0.84 0.84
Total direct labor-hours needed
1,764 1,596
Direct labor cost per hour
$9.40 $9.40
Total direct labor cost
$16,581.60 $15,002.40 $31,584
Required production in units×Direct labor-hours per unit =Total direct labor-hours needed
Total direct labor-hours needed×Direct labor cost per hour =Total direct labor cost
$16,581.60 + $15,002.40 = $31,584
<span>Answer:
E(R) = 3.80 + .88(9.60 - 3.80) = 8.90 percent</span>
Answer:
Department of commerce
Explanation:
U.S.-based companies should turn to the department of commerce for the most comprehensive source of export information.
The department of commerce is a section in the United States government. It creates jobs through good and favorable international trade terms, sustainable development and through access to high technology.
It provides companies with trade informations of which exports is one.
Answer:
The ending inventory balance is $158,400
Explanation:
The computation of the amount that Plunkett should report in ending inventory is shown below:
= Ending balance - goods purchased under FOB destination - goods held on consignment
= $219,000 - $44,800 - $15,800
= $158,400
hence, the ending inventory balance is $158,400
we simply applied the above formula so that the correct value could come
