Question 12 pts An investment that costs $68,000 will provide a return of $18,50

Question

Question 12 pts

An investment that costs $68,000 will provide a return of $18,500 per year for each of the next five years. What is the net present value of the investment if the required rate of return in 8 percent?

Flag this Question

Question 22 ptsSkip to question text.

Maude Company's required rate of return on capital budgeting projects is 9%. The company is considering an investment which would yield a cash flow of $12,000 per year for five years. Ignoring taxes, what is the most that the company would be willing to invest in this project?

Flag this Question

Question 32 pts

How much would you have to deposit in the bank today so that you could withdraw $2,000 per year for 4 years earning 8%?

Flag this Question

Question 42 ptsSkip to question text.

A project with an initial cost of $62,000 is expected to produce cash flows of $14,000 per year and net income of $9,000 for each of the next 7 years. The asset has an estimated 10 year life and a $4,000 salvage value. What is the projected payback period?

Flag this Question

Question 52 pts

An investment of $36,510 promises to return $8,000 each year for the next 7 years. If taxes are ignored, what is the internal rate of return?

Flag this Question

Question 62 pts

An annuity is

Flag this Question

Question 72 ptsSkip to question text.

Good Stuff Restaurant expects to make the following inventory purchases:

During September, the restaurant purchased $72,000 of inventory. The restaurant typically pays for 25% of the inventory purchases within the month of the purchase and 75% in the following month. Estimate the cash disbursements that will be made in November for purchases related to inventory.

Flag this Question

Question 82 pts

Companies estimate sales by using

Flag this Question

Question 92 pts

The comprehensive planning document that incorporates a number of individual budgets is the

Flag this Question

Question 102 pts

Management by exception refers to the practice of only investigating variances

Flag this Question

Question 112 pts

If beginning inventory consists of 2,000 units, sales are projected at 6,200 units, and the desired ending inventory is 1,600 units, how many units should be produced?

Flag this Question

Question 122 pts

The sales budget is based on assumptions about the

Flag this Question

Question 132 ptsSkip to question text.

Cringle Company expects sales as follows:

Sales are made 20% for cash, and 80% on credit. Credit sales are collected 60% in the month of sale and 40% in the next month. What are cash collections for March?

Flag this Question

Question 142 ptsSkip to question text.

Rockerfeller Company uses standard costing. Overhead is applied at $8 per unit produced. Data for the month of March follows:

How much is the overhead volume variance?

Flag this Question

Question 152 pts

A possible cause for an unfavorable labor rate variance is

Flag this Question

Question 162 ptsSkip to question text.

At Electrix, the standard price for the M640 electrical relay, a component used in the production of a commercial refrigeration unit, is $67. Standards call for two relays per refrigeration unit. In July, the company purchased 120 relays for $7,560. The company used 104 relays in the production of 50 refrigeration units, with four relays damaged in the installation process. The standard quantity of labor is 20 hours per refrigeration unit. The standard wage rate is $23. In July, the company incurred 1,020 labor hours at a cost of $22,950. How much is the labor rate variance?

Flag this Question

Question 172 ptsSkip to question text.

Washington Company has developed the following raw material standard for a single unit of one of its products, the Cruiser, 138.6 pounds of grotelite at a cost of $23.00 per pound. During a recent month, Washington purchased 36,000 pounds of grotelite at a cost of $25.00 per pound. The company used 35,000 pounds of grotelite to produce 250 Cruisers. How much is the material quantity variance?

Flag this Question

Question 182 pts

In a standard costing system

Flag this Question

Question 192 ptsSkip to question text.

An automobile parts company has a standard material price of $2 per pound. In October the company produced 4,500 units using 6,000 pounds of material. The company experienced a favorable materials quantity variance of $1,200. How much is the standard quantity of materials per unit produced?

Flag this Question

Question 202 pts

Rascal Company had sales of $650,000 and income (NOPAT) of $78,000. What is the company's profit margin?

Flag this Question

Question 212 ptsSkip to question text.

The following data pertains to the dress division of the Cross and Allan Company:

Residual income/(loss) is equal to:

Flag this Question

Question 222 ptsSkip to question text.

Bradstreet is a division of Kindling Products, Inc. For the most recent year, Bradstreet had net income of $16,000,000. Included in income was interest expense of $1,200,000. The operation's tax rate is 40 percent. Total assets of Bradstreet are $225,000,000, current liabilities are $40,000,000, and $35,000,000 of the current liabilities are noninterest-bearing. How much is return on investment for Bradstreet?

Flag this Question

Question 232 pts

Dot Company's Dental Division has invested capital of $1,200,000, sales of $3,600,000, net income of $70,000, and NOPAT of $60,000. What is the division's turnover as it relates to investment center performance evaluation?

Flag this Question

Question 242 pts

Transfer prices can be set based on

Flag this Question

Question 252 ptsSkip to question text.

Kendrick Company reported the following results for August 2011:

Given this information, how much is the company's invested capital?

Explanation / Answer

Answer:

Hello friend..you asked so many question in one question...

I am giving some answer:

Question -252

Investment Turnover = Sales / Total Investment

1.25 = $7,000,000 / Total Investment

Total Investment = $7,000,000 / 1.25 = $5,600,000

Question - 212

Residual Income = Net operating profit after taxes - (Minimum required return x Invested Capital)

Residual Income = $160,000 - ($700,000 x 15%) = $160,000 - $105,000 = $55,000

Question - 202

Company's profit margin = NOPAT / Sales x 100 = $78,000 / $650,000 x 100 = 12%

Question - 192

Material Quantity Variance = Standard Price (Standard Quantity for actual production - Actual Quantity) = $1,200

Standard Price (Standard Quantity for actual production - Actual Quantity) = $1,200

$2 (Standard Quantity for actual production - 6,000) = $1,200

Standard Quantity for actual production = 600 + 6,000 = 6,600

Standard Quantity of material Per Unit produced = 6,600 / 4500 = 1.47 Pounds

I will provide all the answers, please ask individual questions...

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.