Maurice Tutor

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 17 Aug 2017 My Price 7.00

Jayhawk's direct labor costs

Information on Jayhawk's direct labor costs for the month of August is as follows:

Actual rate $10
Standard hours 11,000
Actual hours 10,000
Direct labor price varianceAc€??unfavorable $4,000


What was the standard rate for August?

 

$10.40
 

$10.04
 

$9.96
 

$9.60

Mini Inc. is contemplating a capital project costing $47,019. The project will provide annual cost savings of $18,000 for 3 years and have a salvage value of $3,000. The company's required rate of return is 10%. The company uses straight-line depreciation.

Year Present Value
of 1 at 10%		 PV of an Annuity
of 1 at 10%
1 .909   .909  
2 .826 1.736
3 .751 2.487

This project is

 

acceptable because it has a zero NPV.
 

unacceptable because it has a negative NPV.
 

acceptable because it has a positive NPV.
 

unacceptable because it earns a rate less than 10%

 

Answers

Maurice Tutor
(5)
Status NEW Posted 17 Aug 2017 07:08 PM My Price 7.00

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