A company uses the following standard costs to produce a single unit of output. Direct materials 7 pounds at $1.00 per pound = $ 7.00 Direct labor 0.3 hour at $8.00 per hour = $ 2.40 Manufacturing overhead 0.3 hour at $3.30 per hour = $ 0.99   During the latest month, the company purchased and used 68,000 pounds of direct materials at a price […]

Suppose you invest semiannually for 25 years in an annuity that pays 5% interest, compounded semiannually. At the end of the 25 years, you have $500,000. How much of this total is interest? Enter your answer rounded to the nearest hundred dollars.

Suppose you have a savings goal of $550,000 at the end of 25 years. You invest in an annuity that pays 6% interest, compounded monthly. How much do you have to invest every month to reach your goal? Enter your answer rounded to the nearest dollar. Do not include the dollar sign. For example, if your answer is $4,320.25, enter it as 4320.

Delafono is evaluating the option of replacing an old pasta-making machine that is expected not to last more than two years. During that time, the machine is expected to generate a cash inflow of R20,000 per year. It could be replaced by a new machine at a cost of R150,000. The new machine is more efficient than the current one, and as a result, it […]

1.1. What is meant by each of the following statements? a. “The present value of the future cash flows expected from an investment project is R30,000,000”. b. “The net present value (NPV) of an investment project is R10,000,000”. c. “A project’s cost of capital is 10 percent”. 1.2. What are managerial options embedded in investment projects? Give some examples.   2. AS is evaluating a […]

What is your comment or critical thinking about this phrase below? A critique of the influence of globalization and convergence of accounting standards in Fiji the globalization of the world’s economies has inevitably brought with it moves to establish a single set of financial reporting standards. Prima facie, the formulation and promulgation of International Financial Reporting Standards (IFRSs) is concealed behind reified icons of ‘relevance’. […]

Which of the following is an application of a shortest path problem? 1- Minimize total distance traveled. Il-Minimize total flow through a network. III- Minimize total cost of a sequence of activities. IV- Minimize the total time of a sequence of activities. I and II only I, II, and III only IV only I, II, III, and IV I, III, and IV only