Lightning Remote Cars manufactures remote control cars for c…
Lightning Remote Cars manufactures remote control cars for children. Historically, Lightning Remote Cars has manufactured their own tires they sell. However, a tire manufacturer has recently approached Lightning Remote Cars with an offer to produce their tires for them for $1.40 per tire. Lightning Remote Cars incurs the following costs in the per-unit production of the tires. Management is wondering whether they should accept the offer: $0.25 for direct materials $0.80 for direct labor $0.30 for variable overhead $0.50 for fixed overhead What would be the increase or decrease in per-tire costs if the tires are purchased from the outside supplier?
Read DetailsPink Petunias, a wholesale nursery, is considering purchasin…
Pink Petunias, a wholesale nursery, is considering purchasing a new plot of land for their business for $300,000. The land would allow Pink Petunias to increase their pre‑tax cash flows by $90,000 each year. The company would plan to keep the land for 20 years before selling it for $300,000. Because the land is real property, the company would not take any related depreciation. Pink Petunias’ tax rate is 25%, and the required rate of return is 9%. What is the Cash Payback Period of the proposed investment?
Read DetailsA paint manufacturing company produces three paint bases of…
A paint manufacturing company produces three paint bases of differing quality. Due to throughput limitations (measured in gallons) at their facility, they are unable to meet total demand for their products. In determining which of their products they should produce, what should they consider?
Read DetailsOut of the Park is projecting the following sales for Januar…
Out of the Park is projecting the following sales for January and February. Their policy is to maintain ending inventories at 5% of what is expected for the next month. Expected Sales Style January February Medium 1,000 units 1,800 units Large 1,200 units 2,000 units What is the budgeted level of production for both styles for January?
Read DetailsShelton Tax Services is considering investing in new softwar…
Shelton Tax Services is considering investing in new software for their corporate tax business. The investment will require an outlay of $350,000 initially, and is expected to generate the following after‑tax cash flows: Year 1, $60,000; Year 2, $80,000; Year 3, $105,000; Year 4, $120,000; Year 5, $145,000. Shelton uses a discount rate of 10%. What is the Net Present Value of the proposed investment? (Round your final answer to the nearest dollar.)
Read DetailsAspen Company produces plastic microwave turntables. Sales f…
Aspen Company produces plastic microwave turntables. Sales for the next year are expected to be 97,500 units in the first quarter, 108,000 units in the second quarter, 126,000 units in the third quarter, and 99,000 units in the fourth quarter. Aspen maintains a finished goods inventory at the end of each quarter equal to one‑half of the units expected to be sold in the next quarter. How many units should Aspen produce in the second quarter?
Read DetailsIn your answer test box click on Record/Upload media icon in…
In your answer test box click on Record/Upload media icon in the tool bar and record your answer. Respond each question given with a video recording of yourself talking in complete sentences. You must be in the video record talking in Spanish. No ear devices are allowed. No writing allowed. If I can see you clearly will result in a zero. Provide no less than 3 personality or physical characteristics on this answer.
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