Entries by Munene david

North Company produces a small part that it uses in the production of its Product H.

February 17, 2020 in /by

North Company produces a small part that it uses in the production of its Product H. The company’s unit product cost for the part, based on a production of 100,000 parts per year, is as follows: ………………………………………….Per part ………………..Total Direct Materials………………………. $7.00………..$700,000 Direct Labor …………………………….6.00…………$600,000 Variable Manufacturing Overhead 2.00………..$200,000 Plus: Fixed manufacturing Overhead, (Traceable or […]

 

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Harry Corp buys equipment for $224,888 that will last for 9 years.

February 17, 2020 in /by

Harry Corp buys equipment for $224,888 that will last for 9 years. The equipment will generate cash flows of $36,000 per year and will have no salvage value at the end of its life. Ignore taxes. Use 10% required rate of return. (a) What is the Present Value (PV) of this investment (at 10%)?. (b) […]

 

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Don owns, directly and indirectly, 150 shares in Pipe Corporation

February 17, 2020 in /by

Don owns, directly and indirectly, 150 shares in Pipe Corporation.Carl owns, directly and indirectly, 90 shares in Pipe Corporation. Invert Partnership owns, directly and indirectly, 150 shares in Pipe Corporation.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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No recognized gain and basis of $400,000 Recognized gain of $200,000 and basis of $400,000 Recognized gain of $200,000 and basis of $200,000

February 17, 2020 in /by

No recognized gain and basis of $400,000Recognized gain of $200,000 and basis of $400,000 Recognized gain of $200,000 and basis of $200,000   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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