FINANCE BRIEF

E1

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10. Rift valley university-needed a large quantity of cement for building new additional class room due to covid-19 pandemic they negotiate with dire dawa National Cement company and agreed that they would buy 10,000.00 bags of cement at price of 5 birr per kilo. The typiast for the cement campany typed up the agreement and-representative of both parties signed it. _Unfortunately the secretary typed 15 birr per kilo instead-of 5. After the cement was deliverd, Dire Dawa national cement asked rift valley university to pay 500,000.00 birr or 15 birr pèr kilo for 10,000 bags of cement, each bags having contained 50 kilos of cement. In the meantime, the market price of cement had gone up to 15 birr per kilo and rift valley university went to court and asked the court to invalidité the contract on grounds that a fundamental mistake had been made in the contract. Questions :- Should rift valley university request be granted ? why or why not ? Is the cement campany claim to paymet at the rate…

Vocabulary: Fill in the blank Use the words below to complete the sentences. Use each word one time. presumption register consume finance theme 15. The owner of the company agreed to employees agreed to bring only one guest each. the company picnic as long as the 16. The project would months. all of the writer's attention and energy for three 17. It's important to your vehicle with the state motor vehicle department as Soon as you move to a new state. 18. The of the latest energy conference was environmental responsibility. 19. Her that she would not get the summer job led her to agree to an internship at another company.

What would be the total fire insurance premium for Best Hardware if their $625,000 building belongs in structural classification B? The contents are worth $250,000 and they received an area rating of 1. Use Table 19-4. Round your answer to the nearest cent. A. What is the annual premium for the building? B. What is the annual premium for the contents?

Choose from the two equipment which is more economical. Machine A Machine B First cost Php 8000 Php 14,000 Salvage value Php 2000 Annual operation Php 3000 Php 2400 Annual maintenance Php 1200 Php 1000 Taxes & insurance 3% 3%

Rr.3.

3. Choose from the two equipment which is more economical. Machine A Machine B First cost Php 8000 Php 14,000 Salvage value Php 2000 Annual operation Php 3000 Php 2400 Annual maintenance Php 1200 Php 1000 Taxes & insurance 3% 3% BASIC ENGINEERING ECONOMY 62 Life in years 10 15 Money is worth at least 16%.

BKARI013 FINANCIAL ACCOUNTING AND REPORTING I QUESTION 1 During the year 2020, Akasia Maju Bhd (AMB) purchased a piece of land with an existing building for RM1,125,000. The land was valued at RM1,050,000 and the building at RM75,000. AMB demolished the building and constructed a new building as headquarters on the site. The new building and land improvement are expected to last for 80 years with no residual value and the construction was fully completed by the end of the year 2020. The following represents the various items related to the project in year 2020: Items RM Lawyer's fee to close the purchase deal 22,500 Cost of land fill and clearing 18,000 Architect's fee 120,000 Fencing around the land 60,000 Cost of demolishing existing building 97,500 Interest on financing of construction paid during construction 282,000 Receipts from sale of demolition scraps 15,000 Construction costs 1,200,000 Landscaping (trees and shrubs) 30,000 Parking lots and concrete walks on the property…

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Please correct answer and don't used hand raiting

2. A contractor has been awarded the contract to construct a 6-mile-long tunnel in the mountains. During the 5-year construction period, the contractor will need water from a nearby stream. She will construct a pipeline to carry the water to the main construction yard. An analysis of costs for various pipe sizes is as follows: Pipe Sizes (in.) 2 3 4 Installed cost of pipeline and pump |Cost per hour for pumping $23,000 $25,000 $30,000 $0.50 $22,000 $1.20 S0.65 $0.40 At the end of 5 years, the pipe and pump will have a salvage value equal to the cost of removing them. The pump will operate 2000 hours per year. The interest rate is 7%. Select the best alternative for the contractor.

solve this math.

A machine project is tasked to you, as shown below. Figure 1: Garbage Collection Robot Using Wireless Communication Technology (nevonprojects.com) 1. The actual machine will be mass-produced based on the machine in Figure 1. The tooling (fixtures, moulds & dies) is estimated at RM100,000 with expected product lifespan of 10,000 sets. Material cost is RM200 per set. Administration and overhead cost are at RM250,000 per year. Production planning per month for the machine is at 300 sets. Determine the machine cost per set.

Assume you currently work for the city of Edmonton in their traffic safety department. It is estimated that you could reduce fatality risk by 3% at a particular intersection if you upgrade the traffic lights to use new high visibility LEDs. The cost of this upgrade is estimated to be $400,000. If we assume a human life is worth 10 million, should you spend the money to upgrade the traffic lights? (Hint: to multiply 1% by 200 you follow this process: 0.01 x 200 = 2).     a No, since the expected benefit ($300,000) is lower than the cost. b Yes, since the expected benefit ($400,000) is equal to the cost. c Yes, since the expected benefit ($200,000) is greater than the cost. d No, since the expected benefit ($100,000) is lower than the cost.

D1. Account

(please solve within 20-30min.)

- Gordon Helps is planning a function. There are two possible venues.• TCG club which have fixed rental cost of $2000 plus a charge of $50 per person for its own catering of meals andserving of drinks and hors d'oeuvres.• TT Hall, which have a fixed rental cost of $4000.The cost to hire a caterer for meals and drinks will cost $45 perperson.* Gordon Helps budget $4000 for admin and marketing. The band will cost a fixed amount of $3200. The tickets costfor this event is $200 per person. Requirement:• Compute the break even for each venue in term of tickets sold• Compute the operating income on the bill if 138- At what level of tickets sold will the two (2) venues have the same operating income?

Southwestern Freight Forwarders is planning to hold a fundraising event to build an elementary school according to the company’s corporate social responsibility targets, at one of the local country clubs. It has two options for the event: OPTION 1: Crestview Country Cluba. Fixed rental cost of $1,000b. $12 per person for food OPTION 2: Tallgrass Country Cluba. Fixed rental cost of $3,000b. A caterer who charges $8.00 per person for food Southwestern Freight Forwarders has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $800. Tickets are expected to be $30 per person. Local freight businesssupporters will donate any other items required for the event. a) Which option provides the least amount of risk? b) Which option provides the greatest operating income if 600 people attend? c) Which option provides the greatest degree of operating leverage if 600 people attend? d) Which option would you choose? Why?

Matt Lab Berhad's main activities are research and development. Currently, it develops a chemical formula for cleaning materials. The prototype is near completion. The cost of the project is as follows: Cost of Materials: RM250,000 Consultant Fees: RM75,000 Fees to register trade design: RM15,000 Selling and administrative cost allocated: RM78,000 Training cost to operate assets: RM36,000 Depreciation of Equipment: RM20,000 Required: Determine the cost of the development project that should be capitalized. Select one: O a. RM340,000 Ob. RM360,000 OC RM474.000 d. RM396.000

Po.29.

A manufacturing plant wishes to buy a new equipment so the purchasing department did some research on different types of this equipment. In the monthly meeting, the purchasing department presented a report about the two types of equipment that they have found. Pertinent data are as follows: Турe A Туре В First cost P250,000 P350,000 Annual operating cost 30,000 22,000 Annual labor cost 52,000 34,000 Insurance and property taxes 3% 3% Labor/Payroll taxes 4% 4% Estimated life 10 10 If the minimum required rate of return is 18%, 1. What is the annual worth of Type A? [ Select ] 2. What is the annual worth of Type B? [Select ] 3. Which machine should be selected?[ Select ]

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Southwestern Freight Forwarders is planning to hold a fundraising event to build an elementary school according to the company’s corporate social responsibility targets, at one of the local country It has two options for the event:   OPTION 1:    Crestview Country Club Fixed rental cost of $1,000 $12 per person for food   OPTION 2:    Tallgrass Country Club Fixed rental cost of $3,000 A caterer who charges $8.00 per person for food   Southwestern Freight Forwarders has budgeted $1,800 for administrative and marketing expenses. It plans to hire a band which will cost another $1,200. Tickets are expected to be $30 per person. Local freight business supporters will donate any other items required for the event.   Which option provides the least amount of risk?  Which option provides the greatest operating income if 600 people attend? Which option provides the greatest degree of operating leverage if 600 people attend?  Which option would you choose? Why?

Godo

The Audubon Society at Enormous State University (ESU) is planning its annual fund-raising "Eat-a-thon." The society will charge students 50¢ per serving of pasta. The only expenses the society will incur are the cost of the pasta, estimated at 16¢ per serving, and the $340 cost of renting the facility for the evening. (a) Write down the associated cost function C(x) in dollars. C(x) = Write down the revenue function R(x) in dollars. R(x) = Write down the profit function P(x) in dollars. P(x): = (b) How many servings of pasta must the Audubon Society sell to break even? servings (c) What profit (or loss) results from the sale of 1,500 servings of pasta? $

Herme, the quarry supervisor for Espinosa Stone, wants to select the more economical of two alternatives for quarry dust control. Help him perform a spreadsheet-based AW evaluation for the estimates with MARR = 12% per year.

Classify the following type of cost with necessary reasons:1.A company had paid 15,50,000 to a marketing research company to find expected demand of the newly developed product of the company2.A company has invested 50,00,000 in a project. The company could have earned 6,00,000 by investing the amount in proper government securities.3.Accountant of a cloth factory paid 88,000 for water which has been used for washing the clothes.

a) Provincial Packages, Inc. operates a local parcel delivery service. The company keeps detailed records relating to operating costs of trucks, and has found that if a truck is driven 122,000 kilometres per year, the operating cost is 8.5 cents per kilometre. This cost increases to 9.25 cents per kilometre if a truck is driven 72,000 kilometres per year. Required: Estimate the cost formula for truck operating costs using the high-low method. Accessibility: Investigate Focus

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