ACCT505 Part B Capital Budgeting problem Clark Paints Data: Cost of new equipment $200‚000 Expected life of equipment in years 5 yrs Disposal value in 5 years $40‚000 Life production - number of cans 5‚500‚000 Annual production or purchase needs $1‚100‚000 Initial training costs Number of workers needed 3 Annual hours to be worked per employee 2000 hrs Earnings
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ACCT505 Part B Capital Budgeting problem Clark Paints‚ Inc. Data: Cost of new equipment $200‚000 Expected life of equipment in years 5 Disposal value in 5 years $40‚000 Life production - number of cans 5‚500‚000 Annual production or purchase needs 1‚100‚000 Initial training costs 0 Number of workers needed 3 Annual hours to be worked per employee 2‚000 Earnings per hour for employees
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9-30 1. a. Sales budget: April May June Quarter Budgeted unit sales ..... 65‚000 100‚000 50‚000 215‚000 Selling price per unit .... × $10 × $10 × $10 × $10 Total sales ................... $650‚000 $1‚000‚000 $500‚000 $2‚150‚000 b. Schedule of expected cash collections: February sales (10%)... $ 26‚000 $ 26‚000 March sales (70%‚ 10%) ............. 280‚000 $ 40‚000 320‚000 April sales (20%‚ 70%‚ 10%) .... 130‚000 455‚000 $ 65‚000 650‚000 May sales (20%‚ 70%) .......
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Ronice M. Bruce Week 3_Course Project A - CASE STUDY ACCT 505- Prof Main January 26‚ 2013 Springfield Express is a luxury passenger carrier in Texas. All seats are first class‚ and the following data are available: Number of seats per passenger train car 90 Average load factor (percentage of seats filled) 70% Average full passenger fare $160 Average variable cost per passenger $70 Fixed operating cost per month $3‚150‚000 a. What is the break-even point in passengers and revenues
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Valerie Simmons Math533 Dr. Mark Beintema July 22‚ 2012 Course Project PART A The report below represents the detailed statistical analysis of the data collected from a sample of credit customers in the department chain store AJ DAVIS. The 1st individual variable is LOCATION which is a categorical variable. The three subcategories are Urban‚ Suburban and Rural. Since Location is a categorical variable‚ the measures of central tendency have not been calculated for this variable. The frequency
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Week 5: Case Study 2 - Internal Control Acct Fin: Managerial Use‚Anlys 1. Inform the President of any new internal control requirements if the company decides to go public. (7 points) Answer – Based on facts given in the case‚ new internal control requirements that are needed for the company to go public are listed below a. Compliance with Sarbanes-Oxley Act Regulations b. Compliance with SEC‚ GAAP and IFRS procedures to record all transactions c. Internal audit on company financial
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PROJECT PART B: Hypothesis Testing and Confidence Intervals Math 533 Applied managerial Statistics. Instructor: Mr. Patrick Mayers. April 12‚ 2015 Guillermo H. Quintela. a. The average (mean) sales per week exceeds 41.5 per salesperson. The Null Hypothesis: The average (mean) sales per week is greater than or equal to 41.5 per salesperson. Ho:µ >= 41.5 The alternate Hypothesis: The average (mean) sales per week is less than or equal than 41.5 per salesperson. Ha:µ < 41.5 For a significance
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(TCO F) A job-order cost system is employed in those situations where 7. Question : (TCO F) The FIFO method only provides a major advantage over the weighted-average method in that 8. Question : (TCO B) The contribution margin ratio always decreases when the 9. Question : (TCO B) Which of the following would not affect the break-even point? 10. Question : (TCO E) In an income statement prepared using the variable costing method‚ variable selling and administrative expenses would
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AC505 Part B Capital Budgeting problem Clark Paints Cost of new equipment $200‚000 Expected life of equipment in years 5 Disposal value in 5 years $40‚000 Life production - number of cans 5‚500‚000 Annual production or purchase needs 1‚100‚000 Initial training costs Number of workers needed 3 Annual hours to be worked per employee 2‚000 Earnings per hour for employees $12 Annual health benefits
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Has 505 The major online computer services such as Health Grades‚ America Online Inc.‚ and WebMD provide health news and medical and health forums where users can access medical libraries‚ exchange messages‚ and discuss health problems. In what ways might the growing use of these services by consumers affect future strategies for: Family practitioners? HMOs? Technology refers to the innovations or inventions from applied science and research. According to the book‚ adult use of the Internet
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