Box Elder Power Company expects to operate at 85% of productive capacity during May. The total manufacturing costs for May for the production of 40,000 batteries are budgeted as follows:
Direct materials $240,000
Direct labor 100,000
Variable factory overhead 32,000
Fixed factory overhead 150,000
Total manufacturing costs $522,000
The company has an opportunity to submit a bid for 5,000 batteries to be delivered by May 31 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal operation during May or increase the selling or administrative expenses.
Required:
1. What is the unit cost below which Box Elder Power Company should not go in bidding on the government contract?

Answer:

The company should not go below $9.30 in bidding on the government contract.

Explanation:

Given:

Direct materials = $240,000

Direct labor = 100,000

Variable factory overhead = 32,000

Fixed factory overhead = 150,000

Total manufacturing costs = $522,000

Direct Material p.u = $240,000 ÷ 40,000 = $6

Direct Labor p.u = $100,000 ÷ 40,000 = $2.5

Variable Factory overhead p.u = $32,000 ÷ 40,000 = $0.8

Total overhead = Direct Material p.u +  Direct Labor p.u +  Variable Factory overhead p.u

= $6 + $2.5 + $0.8

Thus total overhead = $9.3

What is the significance of having short-term investments?
A company usually has short-term investments because it can
hts reserved.
Reset
these investments into cash quickly if it faces a cash
Next

The Neptune Company offers network communications systems to computer users. The company is planning a major investment expansion but is unsure of the cost of equity capital as it has no publicly-traded equity. Your assignment is to determine an appropriate equity cost. List and explain the steps you will need to take to complete this assignment.

To build wealth is a gamble; the wealthy people are lucky and become rich overnight. True or false

In the face of rising natural gas prices, many of
Murano, Italy's world-famous glass artists are shutting
down their furnaces. Artisans on the small island have
been making glass for centuries, but some are
beginning to question how much longer they can
continue the tradition. Having switched from wood-
burning furnaces to natural gas in the 1950's, the
glassmakers have seen natural gas prices increase by
400 percent recently. The government has attempted
to help businesses by subsidizing natural gas, but even
with the subsidy the costs are still too high for many.
With fuel costs representing up to half of producers'
monthly costs, some have shut down their furnaces,
which are typically only shut off once per year for
maintenance. If possible, manufacturers would prefer
to leave the furnaces burning, because shutting down
and restarting the furnaces can cost as much as
$100,000 to get them back up to the proper
temperature.
With natural gas prices continuing to rise, producers
have considered alternative fuel sources. However,
none of the alternatives seem feasible. Environmental
regulations prevent returning to traditional wood-fired
furnaces. Switching to alternative gases would require huge infrastructure cost to replace pipes and electric furnaces, cannot maintain stable, temperature high enough to produce the glass, unless the glass makers found a solution. Marano’s centuries old tradition might be a thing of the past.

1. Describe what types of fixed variable and marginal costs Marano’s glassmakers face in the short run.

2. And a supply and demand model describe which curve would shift which way in the forecast of what equilibrium price would do

100 POINTS PLZ HELP
Career and Technical Student Organizations: Tutorial
Choosing a Professional Organization
This activity will help you meet these educational goals:
Content Standards— You will research and choose a professional organization for your chosen career path.
Inquiry—You will conduct online research in which you will collect information and communicate your results in written form.
21st Century Skills — You will use critical-thinking and problem-solving skills.
Directions
Read the instructions for this self-checked activity. Type in your response to each question, and check your answers. At the end of the activity, write a brief evaluation of your work.
Activity
Identify three professional organizations for your chosen career via Internet research. Describe the membership requirements, as well as any certifications that the organization might offer. Why would you join the organization? What are the benefits of joining it? What are the drawbacks? Do you have to get any certifications? Identify the one organization that you believe would be the best for a professional entering the field in that chosen career cluster, and explain why.

How does the Internet change consumer and supplier relationships?please add references
Topic Can Uber Be the Uber of Everything ?

A firm currently sells $1,500,000 annually of an expensive product line. That firm is considering a similar, less expensive, discount line, and projects sales of $300,000. The discount line is expected to reduce sales of the expensive product line to $1,320,000. What is the incremental revenue associated with the discount product line?

Which of the following is an example of employee advocacy?
A. Asking a manager to hire the relative of an employee
B. Negotiating with management for fair pay and benefits
c. Offering personal advice to an employee about a family matter

Analyze Carrie's credit card statement and bank statement. How would you describe her
spending habits?

what are the types of wholesaler?​

Pat Jones is a college student who is planning some networking
opportunities for the current semester. Pat wanted to look professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.

*****Be sure to include the following in your original response which should be at least four paragraphs with at least five sentences each:

1. Provide a brief description of the scenario in your own words.
2. Do you feel Pat's new strategy is ethical? Why or why not? Could
there be any consequences with this strategy?
3. How will this new strategy impact the company/companies where the suits are purchased?
4. What journal entry/entries would the company have to record
related to the return of the suit?

Botox Facial Care had earnings after taxes of $292,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $45.80. In 20X2, earnings after taxes increased to $320,000 with the same 200,000 shares outstanding. The stock price was $74.00.

Required:
a. Compute earnings per share and the P/E ratio for 20X1.
b. Compute earnings per share and the P/E ratio for 20X2.
c. Why did the P/E ratio change?

Suppose Happy Dog Soap Company is evaluating a proposed capital budgeting project (project Beta) that will require an initial investment of $3,225,000. The project is expected to generate the following net cash flows:


Year Cash Flow
Year 1 $275,000
Year 2 $475,000
Year 3 $400,000
Year 4 $500,000

Happy Dog Soap Company's weighted average cost of capital is 8%, and project Beta has the same risk as the firm's average project. Based on the cash flows, what is project Beta's NPV?

a. -$5,056,663
b. -$1,831,663
c -$2,106,412
d. -$2,197,996

A Moving to another question will save this response.
Question 3
What sort of information do charts usually show?
a. Comparison
b. Distribution
c. Composition
d. Relationship
O 1.a and c
O 2. a and b and cand d
O 3.b and c and d
04. a and b and c
A Moving to another question will save this response.

The basic economic problem is that consumers have too many products and services to choose from.
a. True
b. False

3. How do British Social Anthropologists place an emphasis on structural-functionalism or the function of social structures?

If you are interested in working for a specific company, what type of job site should you look at for opening?
a. Geographic specific site
b. Industry specific site
C. Company site
d. General job site
Please select the best answer from the choices provided
А
B
С
D

On January 1, 2023, the Tamarisk Company budget committee reached agreement on the following data for the six months ending June 30, 2023:
1. Sales units: First quarter 4,900; second quarter 6,000; third quarter 7,300 2. Ending raw materials inventory: 40% of the next quarter's production requirements 3. Ending finished goods inventory: 25% of the next quarter's expected sales units 4. Third-quarter production: 7,500 units The ending raw materials and finished goods inventories at December 31, 2022, had the same percentages for production and sales that are budgeted for 2022. 3 kilograms of raw materials are needed to make each unit of finished goods. Raw materials purchased are expected to cost $4 per kilogram.
Question: Prepare a direct materials budget by quarters for the six-month period ended June 30, 2023.

Interventions strategies to reduce or prevent restrictions or barriers ​

All of the following options represent primary goals of government spending EXCEPT... A. National Parks maintenance
B. Military
C. Public school education
D. Innovative consumer products

On December 31, the company purchases supplies for $1,000 on credit.
Complete the necessary journal entry by selecting the account names from the pull-down menus and entering dollar amounts in the
debit and credit columns.

What is a class action suit?
OA. When a lawsuit is dismissed by a judge because the court does
not have proper jurisdiction
B. When a lawsuit involves not only one punishment, but an entire list
of consequences
C. When a group of consumers that suffer similar damages bring a
case against a business together
D. When an individual brings a lawsuit against all businesses in an
industry together

it’s c

Zach buys a car for $18,900 with 5% interest over 5 years. What is true about this monthly payment loan?
Select the correct answer below:
Zach will pay $4,725 in interest on the loan.
Zach will pay $3,780 each year of his loan.
O Zach will pay $4,725 each year of his loan.
Zach will pay $2,500 in interest on this loan.

QUESTION ONE
ABC Ltd wishes to expand its business. On 31 Dec 2021, the company had
the following existing and proposed capital structures to support the
expansion programme.
1. The existing 8% debt capital has a book value of Ksh 50 000 000 and
matures in 10 years. The market value of debt at the close of business on
31 Dec 2021 was Ksh 40 000 000
2. A ten year loan of Ksh 300 000 000 is to be raised at an interest of 10
percent p.a. A cost of Ksh 20 000 000 will be incurred in raising this loan
3. A 12% preference stock capital stands in the books at Ksh 100 000 000
( 1 000 000 shares) and has a total market value of Ksh 150 000 000.
4. There are 40 000 000 ordinary shares with a current market price of Ksh
1500 each. The firm’s expected earnings per share (EPS) stand at Ksh
200, its growth rate is 6% and has a dividend payout of 60%.
5. The company plans to issue 10 000 000 ordinary shares at a market price
of Ksh 1 500 per share. The cost of floating the shares is estimated at Ksh
10 000 000.
Required:
i) Firm’s current weighted average cost of capital (10 marks)
ii) Firm’s expected weighted average cost of capital after the expansion
programme (i.e. marginal cost of capital) (5 marks)
QUESTION TWO
An investor intends to place Ksh 112,000,000 in the 91 days Treasury bill at a quoted rate/yield of 7.65%
p.a.
Required:
a) Compute the investor’s return, assuming that he is withholding tax-payer
b) Compute the investor’s return, assuming that he is non-withholding taxpayer (6 marks)

Natalie has prepared the balance sheet and income statement of Cookie & Coffee Creations Inc. and would like you to prepare the cash flow statement. The comparative balance sheet of Cookie & Coffee Creations Inc. at October 31, 2018 for the years 2018 and 2017 and the income statement for the year ended October 31, 2018, are presented below.COOKIE & COFFEE CREATIONS INC.Balance SheetOctober 31,Assets 2018 2017 Cash $22,324 $5,550 Accounts receivable 3,250 2,710 Inventory 7,897 7,450 Prepaid expenses 5,800 6,050 Equipment 102,000 75,500 Accumulated depreciation— equipment (25,200 ) (9,100 )Total assets $116,071 $88,160COOKIE & COFFEE CREATIONS INC.Balance SheetOctober 31,Liabilities and Stockholders’ Equity 2018 2017Accounts payable $1,150 $2,450Income taxes payable 9,251 7,200Dividends payable 27,000 27,000Salaries and wages payable 7,250 1,280Interest payable 188 0Note payable 10,000 0Preferred stock, no par, $6 cumulative, 3,000 and 2,800 shares issued, respectively 15,000 14,000Common stock, $1 par—25,180 shares issued and outstanding 25,180 25,180Additional paid-in capital—treasury stock 250 250Retained earnings 20,802 10,800Total liabilities and stockholders’ equity $116,071 $88,160COOKIE & COFFEE CREATIONS INC.Income StatementYear Ended October 31, 2018Sales $485,625Cost of goods sold 222,694Gross profit 262,931Operating expenses Salaries and wages expense $147,979 Depreciation expense 17,600 Other operating expenses 48,186 213,765Income from operations 49,166Other expenses Interest expense $413 Loss on disposal of plant assets 2,500 2,913Income before income tax 46,253Income tax expense 9,251Net income $37,0021. Equipment (cost $4,500 and book value $3,000) was disposed of at the beginning of the year for $500 cash and replaced with new equipment purchased for $4,000 cash.2. Additional equipment was bought for $14,000 on November 1, 2017. A $12,000 note payable was signed. The terms provide for equal semi-annual installment payments of $2,000 on May 1 and November 1 of each year, plus interest of 5% on the outstanding principal balance.3. Other equipment was bought for $13,000 cash.4. Dividends were declared on the preferred and common stock on October 15, 2018, to be paid on November 15, 2018.5. Accounts payable relate only to merchandise creditors.6. Prepaid expenses relate only to other operating expenses.Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31, 2018, using the indirect method.Prepare a statement of cash flows for Cookie & Coffee Creations Inc. for the year ended October 31, 2018, using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation. The machines immediately were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.


Machine A Machine B Machine C
Invoice price paid for asset $20,400 $37,300 $22,100
Installation costs 2,300 2,000 600
Renovation costs prior to use 2,900 2,500 1,700

By the end of the first year, each machine had been operating 5,400 hours.

2. Prepare the entry to record depreciation expense at the end of Year 1, assuming the following. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Machine Life Residual Value. Depreciation Method
A 9 years $1,300 Straight-line
B 77,000 hours. 3,300 Units-of-production
C 8 years 3,100 Double-declining-balance

CREATE A JOURNAL ENTRY WORKSHEET

Record the depreciation expense for year 1

Name and explainations of 2 CSR/CSR initiatives that Woolworths carries out

When farmers lost their land because they couldn't pay their debts, what important right did they lose

define electronic communication​

Fixed costs are _____.


costs that increase regardless of how much of a good or service is produced

costs that stay the same regardless of how much of a good or service is produced

costs that decrease regardless of how much of a good or service is produced

none of the above