Answer:
4,845 cranks
Explanation:
Given that
Production per hour = 100 crank
Hours per day = 12
Days per week = 5
Available time = 95%
Achieved efficiency level = 85%
Production per day
= hours per day × production per hour
= 12 × 100
= 1,200 crank
Production per week = Days per week × Production per day
= 5 × 1,200
= 6,000 cranks
Adjusted output of maintenance = Available time × Production per week
= 0.95 × 6,000 cranks
= 5,700 units
Weekly output = Achieved efficiency × Adjusted output of maintenance
= 0.85 × 5,700
= 4,845 cranks
Answer:
A. $22,000 decrease
Explanation:
The reason behind Granfield Company interested in predicting the increase or decrease in net income when they purchase new machinery by selling an old one is because you have the Cash coming through so that they don't run out of money. As per Generally Accepted Accounting Principles (GAAP) the other name of Profits is Net Income. The company may not have Cash in the bank but their Net Income may be in millions. So, when Companies like Granfield when usually invests are usually concerned about their investments that weather they will be profitable or not. In this instance of Granfield Company, they predict that by acquiring the new machinery they will save on manufacturing overhead by $19,000 over 4 years which accumulates to $76,000.
Annual Savings = $19,000 x 4 = $76,000
We are told to ignore the time value of money here so if the proceeds from previous machinery are $22,000, then add the proceeds from machinery and annual savings and we get a total of $98,000
Annual Savings $76,000
Add: Proceeds from Sale of Machine $22,000
Total Savings $98,000
To find the increase or decrease in net income or the effect of purchase of new machinery and disposal of old machinery on net income can be calculated as follows;
Total Savings $98,000
Less: Purchase of New Machinery $120,000
Decrease in Net Income $22,000
Hence the Net Income will decrease by $22,000 which means there will be a decrease in retained earnings and stockholders' equity.
Option A is the Correct answer.
Answer:
control
Explanation:
Based on the information provided within the question it can be said that in this scenario Greg is in the control step of the planning/control cycle. This step focuses mainly on making sure that everything is going according to plan and that no changes have taken place, as well as making sure that everything is being done in order to meet the organizational goals.
Answer:
C. 20.00 percent
Explanation:
The computation of the accounting rate of return is shown below:
The formula to compute the accounting rate of return is shown below:
= Annual net income ÷ initial investment
where,
Annual net income is
= Net cash flows - depreciation expense
= $12,000 - $6,000
= $6,000
And, the initial investment is $30,000
So, the accounting rate of return on initial investment is
= $6,000 ÷ $30,000
= 20%
The depreciation expense is
= $30,000 ÷ 5 years
= $6,000
Answer:
$279.53
Explanation:
The amount of the $5200 charge that Francisco made during the first month has been paid off will be the total of the principal paid which is:
Principal paid =
$47.67+$47.23+$46.80+$46.37+$45.94+$45.52
=$279.53
Therefore how much of the $5200 charge that Francisco made during the first month has been paid off will be $279.53.
