Problem 8-8 Calculating Motor Vehicle Operating Costs [LO8-2]You have gathered the following vehicle costs:Vehicle CostsAnnual depreciationCurrent year's loan interestInsuranceLicense and registration feesParking and tollsAnnual mileageMiles per gallonAverage gasoline priceOil changes and repairsa. Calculate the annual variable and fixed costs of the vehicle.b. Compute the operating cost per mile.Required aComplete this question by entering your answers in the tabs below.Required bOperatingcost$ 3,900$ 1,450$ 1,410$ 66$ 42419,30024$ 3.40 per gallon$4380.5 XCompute the operating cost per mile.Note: Do not round intermediate calculations. Enter your answer in cents rounded to 1 decimal place.cents permileAnswer is complete but not entirely correct.

Variable Cost: Variable costs are expenses that vary in direct proportion to the level of activity…

Answered: You have gathered the following vehicle…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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5.
3) Prepare CVP income statements. Olsen Company has the following information available for September 2019. Unit selling price of video game consoles $ 400 Unit variable costs 2$ 275 Total fixed costs $52,000 Units sold 600 Instructions (a) Compute the contribution margin per unit. (b) Prepare a CVP income statement that shows both total and per unit amounts.
a) Compute the selling price per unit in 2019, using the equation method. b) Given the sales of 3,000 units and the selling price calculated in (a), prepare a contribution marginincome statement for the year ended December 31, 2019, detailing the components of total fixed costsand clearly showing contribution and net income. c) Calculate Benoit’s break-even point in units and in sales dollars.
Find out BEP in units and value with the following data:Fixed cost - $30000Variable cost - $20 per unitSelling Price - $50 per unit.
Students e 5.6 Connect: Quiz - 4W12020 Fin x O Question 5 - 5.6 Connect: Quiz - mheducation.com/ext/map/index.html?_con=con&external_browser0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddl.. ct: Quiz i Saved Help Save & Exit What is the holding period return for the year on a bond with a par value of $1,000 and a coupon rate of 8.5% if its price at the beginning of the year was $1,215 and its price at the end of the year was $1,020? Assume interest is paid annually. Multiple Choice -11.00% -10.78% --9.05% 10.50% O O O 0
3. A used car M costs $4,900.00 and operating costs are 11 cents per mile. At the end of 5 years you estimate its selling price to be $1,500.00. Another used car N costs $6,000.00 and operating costs are 9 cents per mile. At the end of 5 years you estimate the selling price to be $X. Assume you will be driving 15,000 miles per year. Determine the value of X so the two cars are equally worth to you at i=7%.
There are two different types of machines that produce the same job with the same quality. All the details about these machines are given below.Draw cash flow charts and make calculations using the present value method.Make your choice and write why.
He.2.
1. The manager in a canned food processing plant is trying to decide between two labeling machines. Assume an interest rate of 6%. Use annual cash flow analysis to determine which machine should be chosen. First cost Maintenance and operating costs Annual benefit Salvage value Useful life, in years Machine A $15,000 1,600 8,000 3,000 6 Machine B $25,000 400 13,000 6,000 10
A motor company needs vital infomation, for calculating the cost of running a motor truck per tonne-kms. Driver expenses is S1800 per month, cleaner sálary is $1260 per month, diesel& oil expenses are $0.90 per km. Then repair with maintenance was $1350 per month. Depreciation charges was 23,400/year/month, other expenses were $1300 per month. The day of week were Monday it runs 350kms carries 8.5 tons, Tuesday it runs 300kms carries 7tons, Wednesday it runs 250kms and carries 6.5tons, Thursday it runs 170 kms and carries 9 tons, Friday it runs 290kms and carries 7.5tons and finally on Saturday it runs 215 kms and carries 6.5 tons. Take five weeks for calculation. Calculate total over head only. 2949 5 2898.7 3878.7 2887.6
3. Compute Project Y’s accounting rate of return. The numerator drop down options are: accounts receivable, annual income, average investment, average total assets, cost of goods sold, current assets, current liabilities, net sales, total assets The denominator dropdown options are: accounts receivable, annual income, average investment, average total assets,
Where does the $23,000 for the started and completed units come from, where does the 5,000 from BWIP come from, and where does the units in EWIP come from?

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