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Vinvika [58]
2 years ago
6

Sullivan Ranch Corporation has purchased a new tractor. The following information is given: S 150,000 10,000 Cost: Estimated Res

idual: 150000
Estimated Life in years 10000
Estimated Life in hours: 1200
Actual Hours
Year 1 360
Year 2 270
Year 3 350
Year 4 220
Prepare the Straight Line depreciation schedule by using the excel.
Business
1 answer:
antiseptic1488 [7]2 years ago
6 0

Answer:

Explanation:

Ok

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Berlin Ltd. uses a combined overhead rate of $2.90 per machine hour to apply overhead to products. The rate was developed at an
Rus_ich [418]

Answer:

Berlin Ltd.

1. Overhead spending variance

= $4,530 F

2. Overhead efficiency variance

= $2,262 U

3. Overhead volume variance

= $741 U

Explanation:

a) Data and Calculations:

Combined overhead rate per machine hour = $2.90

Annual expected capacity = 264,000

Machine hours required per unit of product = 2 hours

Total combined expected overhead = $765,600 ($2.90 * 264,000)

Expected fixed overhead =                   $250,800

Expected variable overhead =               $514,800 ($765,600 - $250,800)

Fixed overhead per machine hour = $0.95 ($250,800/264,000)

Variable overhead per machine hour = $1.95 ($514,800/264,000)

November Usage and Production:

Production units = 11,960 units

Standard machine hours = 23,920 (11,960 * 2)

Actual machine hours used = 24,700

Actual variable overhead for the month = $47,100

Variable overhead per machine hour = $1.90688

Standard variable overhead cost = $48,165 ($1.95 * 24,700)

Actual fixed overhead = $20,000

Standard fixed overhead = $23,465 ($0.95 * 24,700)

1. Overhead spending variance = Standard overhead - Actual overhead

= ($2.90 * 24,700 - ($47,100 + $20,000))

= ($71,630 - $67,100

= $4,530 F

2. Overhead efficiency variance = (standard machine hours allowed for production – actual machine hours used) × standard overhead absorption rate per hour

= (23,920 - 24,700) * $2.90

= $2,262 U

3. Overhead volume variance = (Standard machine hours - Actual machine hours) * Standard Fixed Overhead Rate

= (23,920 - 24,700) * $0.95

= $741 U

8 0
1 year ago
A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost TTT, in dol
andriy [413]

Answer: 2,200 units.

Explanation:

The complete exercise is:

T = 5c + 12 f

A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost T, in dollars, for shipping c units to the closer location and shipping f units to the farther location. If the total shipping cost was $47,000 and 3,000 units were shipped to the farther location, how many units were shipped to the closer location?

Given the following equation:

T = 5c + 12 f

You know that "T" is the total shipping cost (in dollars), "c" is the number of units shipped to the closer location and "f" is the number of units shipped to the farther location.

Based on the information given in the exercise, you can identify that, in this case:

T=47,000\\\\f=3,000

Then, knowing those values, you need to substitute them into the given equation:

47,000 = 5c + 12(3,000)

And finally, you must solve for "c" in order to calculate the number of units that  were shipped to the closer location.

You get that this is:

47,000 = 5c + 12(3,000)\\\\47,000-36,000 = 5c\\\\11,000=5c\\\\\frac{11,000}{5}\\\\c=2,200

3 0
2 years ago
Read 2 more answers
The environmental protection agency of a county would like to preserve a piece of land as a wilderness area. The current owner h
charle [14.2K]

Answer: The answer is given below

Explanation:

Here , we are going to apply the present value of annuty formula.

a. Social Opportunity cost = $1.1 Million

The Yearly cash flows = $110,000

Time (n) = 20 years

The Discount rate (R) = 4%

Net benefits= Present value of cash inflows - the intial socail opportnity cost

Net benefits= Yearly cash flow × (1 - 1/(1+R)^n) / R - 1100000

Net benefits = 110000 × (1 - 1/1.04^20)/0.04 - (1100000)

= $394936

b. We will use the formula for present value of an annuity with the growth rate in benefits as 2 percent.

Firstly, dg= (0.04 - 0.02)/ (1+0.02)

= 0.01961

PV(benefits) = [($110,000)÷ (1+0.02)][1-(1+dg)-20]/dg]

= $1,770,045

NPV = $1,770,045 - $1,100,000= $670,045

7 0
2 years ago
If a foreign government hires an American consulting firm to help the country's textile industry improve production operations,
Anna71 [15]

Answer:

If a foreign government hires an American consulting firm to help the country's textile industry improve production operations, the contract is commercial, and if the foreign government refuses to pay, the consulting firm may sue the government in American courts.

False

Explanation:

Any company could be sued at anywhere so far there is bridge of agreement or contract, with the analogy above such consulting American company would be sued but in the above case, a consulting American firm can not sue themselves unless someone in the company sue the American consulting firm

3 0
2 years ago
You have marked off your shop floor in a grid of 1 foot squares and labeled them with Cartesian coordinates. To perform one task
tester [92]

Answer:

idk sry have a good day

Explanation:

8 0
2 years ago
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