If Branch B is closed, one personnel (with salary of P30,000) have to be transferred to the home office. Branch B has furniture costing P120,000 and with an estimated useful life of 5 years has to be transferred also to the home office.
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- A manufacturer of a car estimated that the raw materials will have a total cost of ₱400,000. There will be five (5) employees who will work 24 days on a regular eight (8) working hours. Each of them receives a fixed salary of ₱15,000. The POHR based on the total working hours of the employees is ₱200. The cost of the car would be? a. ₱415,200 b. ₱483,000 c. ₱2,800,000 d. ₱667,000A contractor has a job which should be completed in 135 days. At present, he has 80 men on the job and it is estimated that they will finish the work in 160 days. Of the 80 men, 50 are each paid 255 a day, 25 at 450 a day, and 5 at 790 a day. For each day beyond the original 135, the contractor has to pay 520 liquidated damages. Men are added so that he can complete the work on time. If of the additional men, 2 men are paid 470 a day, and the rest at 275 a day, would the contractor save the money by employing more men and not paying the fine? Show cashflow diagramWV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $82,000 annually and one salaried estimator who is paid $46,000 annually. The corporate office has two office administrative assistants who are paid salaries of $50,000 and $37,000 annually. The president's salary is $153,000. How much of these salaries are common fixed expenses?
- HH Co. uses corrugated cardboard to ship its product to customers. Currently, the company’s returns department incurs annual overhead costs of $126,000 and forecasts 6,000 returns per year. Management believes it has found a better way to package its products. As a result, the company expects to reduce the number of shipments that are returned due to damage by 3%. In addition, the initiative is expected to reduce the department’s annual overhead by $14,000.Compute the returns department’s standard overhead rate per return (a) before the sustainability improvement and (b) after the sustainability improvement.Answer the following with working: (iv) The management of Toyota & Sons is in the process of upgrading its fleet of motor vehicles.During March the company expects to sell an old Cresida motor vehicle that cost $500,000at a gain of $45,000. Accumulated depreciation on this motor vehicle at that time isexpected to be $340,000. The employee will be allowed to pay a deposit equal to 60% ofthe selling price in March; the balance will be settled in two equal amounts in April & May of2024. (v) An air conditioning unit, which is estimated to cost $300,000, will be purchased in February.The manager has planned with the suppliers to make a cash deposit of 40% upon signing ofthe agreement in February. The balance will be settled in four (4) equal monthly instalmentsbeginning March 2024. (vi) A long-term bond purchased by Toyota & Sons 4 years ago, with a face value of $500,000will mature on January 20, 2024. To meet the financial obligations of the business,management has decided to…WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $58,000 annually and one salaried estimator who is paid $52,000 annually. The corporate office has two office administrative assistants who are paid salaries of $38,000 and $31,000 annually. The president's salary is $127,000. How much of these salaries are common fixed expenses? $196,000 $306,000 $110,000 $127,000
- Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.The following information relates to Josma ltd for the month of July 2020.The company usessingle/unit costing method. The company expects to produce 1,000 units during the month of July 2020 Additional Information:1. Some products had some defects which required additional work being carried out in the factory to correct these defects. The cost of correcting these defective products was Shs 250,000.2. The was a by-product that resulted from the production which was sold generating cash amounting to Shs 480,000 Required:i) Prepare a cost sheet for the company using the single/unit costing method. The cost sheet should indicate all the totals for all major categories of costs including (Prime Cost; Works/Factory cost, Cost of production, Cost of goods sold and Cost of sales).ii) Calculate the profit the profit/loss the company will have for the month of July 2020 if the projected revenue is 96,000,000Mikayla Bhd is a company that produces fresh pineapple juice. During the year, the company bought two machines to assist in producing pineapple juice. Machine A was purchased in 2 January 2021 with a cost of RM600,000. The machine is expected to be used for ten years with RM9,000 scrap value. Machine B was bought in 10 August 2021 with a cost of RM819,000. The expected useful life of Machine B is five years. Machine A is depreciated based on yearly basis and Machine B is depreciated based on monthly basis. It is the company’s policy to depreciate assets using the Straight-Line Method. Calculate the depreciation value of Machine A and Machine B for the year ended 2021.
- 2. A company is contemplating whether to accept a new project which requires the following three types of labour: Hours Additional information required Paid at $8 per hour and existing staff are fully utilized. The company will hire new staff to meet this additional demand. Carpentry 12,500 Paid at $12 per hour. These employees are difficult to recruit and the company retains a number of permanently employed staff, even if there is no work to do. There is currently 800 hours of idle time available and any additional hours would be fulfilled by temporary staff that would be paid at $14/hour. Masonry 2,200 Paid at $16 per hour. There is a severe shortage of emplayees with these skills and the only way that this labour can be provided for the new project would be for the company to move employees away from making Product Cecee. A unit of Product Cecee takes 5 hours to make and makes a contribution of $24/unit. Plumber 8,000 Required: Compute the relevant cost of each labor type.Ashvin2. Complete the following table evaluating whether or not to protect a coral roef area. There is space for supporting work below and on the next page. You do NOT need to show the work for repeated calculations (e.g. step by step NPV for every year). Each cell to the right of NPV is the NPV for a single year. Year 0. 2 3 4 6. 8. 6. 10 Costs (in thousands) Construction 1250 Recurring costs Foregone recreation Benefits 130 20 130 130 130 130 130 130 130 130 130 20 20 20 20 20 20 20 20 20 20 300 300 300 Increased tourist revenue Net NPV 0 5% NPV 0 10% 300 300 300 300 300 300 300 300 NPV of Stream of Benefits 0 5%: NPV of Stream of Benefits 10%: Supporting work: