Assume a company had the following production costs. [pic] Under absorption costing, the total production cost per unit when 4,000 units are produced would be $22.50. True False 5. Given the following data, total product cost per unit under absorption costing is $9.14. [pic] True False 6.
CuSO4 4. What is the molar mass for anhydrous (without water) copper(II) sulfate? 159.62 g/mol Result: Observation: Some gray white substances precipitated from the water in the crucible. Data: * Mass of purified crucible and lid 30.59g * Mass of crucible and lid and hydrate 31.57g * Mass of hydrate alone 31.57g- 30.59g = .98g * Mass of crucible and lid and dehydrate 31.11g * Mass of dehydrate alone .52g This lab shows that hydrates are made up of crystal solids and water,
* Cost Rollup Estimate. * Schedule Dates Start and Finish. * Responsibility Assignment Matrix (RAM). * Performance Measurement Baseline. * Constraints/Assumptions.
ACCT 550 Week 7 Homework Chapter 11: E11-4, E11-9, E11-11, E11-17 E11-4 (Depreciation Computations—Five Methods) Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 25,500 units. Instructions From the information given, compute the depreciation charge for 2013 under each of the following methods. (Round to the nearest dollar.)
So the lease term was 3 years, and the useful life of the equipment is 4 years. This indicated that the lessee has use the major portion of the expected economic life of the asset. b) The present value of the minimum lease payments is equal to or greater than “Substantially all” of the fair value of the asset. This rule means that since the fair market value (FMV) at the lease inception is $265,000 and the lessee has used the equipment as its lease obligation of $244,370 this
c. Finished goods. d. Supplies. 22. Where should raw materials be classified on the balance sheet? a. Prepaid expenses.
Training costs incurred in start-up of new operation. Expense 10. Purchase cost of a franchise. Intangible asset 11. Goodwill generated internally.
B. Information Technology Specialist. C. Social Science Research Analysts. D. Management Analysts. E. Economist.
depreciation over 3 years Depreciation costs per year: 24/3= 8 mln per year. Q3. Tax rate in 2012 = Income Tax Expense / Income Before Tax = 1127mln/4914 mln = 22,93% Q4. | Year 0 | Year 1 | Year 2 | Year 3 | | | | | | | | R&D expenses | -77 | | | | | | | | | | | Total Revenues | | 110 | 83 | 55 | All in millions | Cost of Goods Sold | | -8 | -8 | -5 | | Gross Profit | | 102 | 75 | 50 | | depreciation | | -8 | -8 | -8 | | Adm/sales/etc | | -3 | -3 | -2 | | EBIT | -77 | 91 | 64 | 40 | | Unl Net income | -59,34 | 70,13 | 49,32 | 30,83 | | Q5.
The key factor that influenced Costco’s financial performance during 2012 is customer loyalty. The number of Costco members increased by 11%, even after membership fees increased. Although there were tough economic conditions in 2012, Costco managed to grow the business by 17 locations in 2012. Increasing sales is also critical to Costco’s success. The number of warehouses that exceeded $200 million in annual sales volume rose from 93 locations in 2011 to 134 locations in 2012: and eight of those warehouses exceeded $300 million in annual sales.