Ginisiriya

Here is a rundown of the variables we used to first determine the cash flows for Years 0 through 10: depreciation of equipment over the 10 years, sales minus COGS to identify gross profit, summed expenses (advertising, start-up, and Jell-o erosion only; the test market expense in Year 1 is considered a sunk cost and thus should not be included), and subtracted taxes to come up with the cash flow. When assessing the below issues, the team concluded the following

Sales (in $ 1000s)= 16,020.78118 + 149.15175 * %spanishsp – 44.16538 * %dryers – 112.48017 * %freezer – 79.84655 * %sch0-8 + 9,393.82229 * comtype1 + 3,802.26442 * comtype2 – 3,123.24462 * comtype7

11. Utilities and services standard output $150,000, actual output is $$218,000. This is a favorable variance of -$1777. This variance is due to reduce sales, less power at the plant is needed because less units are being made. 12. Research and Development standard output is $85,861, actual output is $82,841. This is a favorable variance of -$3,020. This variance is due to cut backs in R&D because of slow sales and low demand for new bikes. 13. Other General and Admin Expenses standard output $170,000, actual output is $172,000. This is an unfavorable variance of $2000. This increase is due to addition materials needed for advertising. 14. Other utilities and

The major issue is determining why Ferguson Foundry Limited’s (FFL) actual profit was $367,600 lower than budgeted, despite selling 2,000 more wood stoves (12,000 instead of 10,000 units). This will be explained using Variance Analysis to demonstrate the underlying reasons why the company failed to meet its president’s expectations. FFL profit for 2010 was below budget due to many factors both production and marketing related.

After that monthly equipment production could be increased to 3,500 units and the price of equipment were cut from $1,580 to $1,400 per unit, the net income will reduce from $930,000 to $455,000 even monthly sales increasing to $4,900,000. But, the variable costs and fixed costs also dramatically increase to $2,625,000 and $1,820,000. Therefore, I wouldn’t suggest that this action be taken. As follow:

Account W/P Common Common # Title Ref. Balance Size Balance Size Amount Percentage REVENUE 40000 Sales 246,172,918.44 102.33% 245,213,452.88 106.40% -959,465.56 -0.39% 41000 Sales Returns 4,497,583.20 1.87% 13,600,220.89 5.90% 9,102,637.69 202.39% 42000 Warranty Exp 1,100,281.48 0.46% 1,158,128.47 0.50% 57,846.99 5.26% Net Sales 240,575,053.76 100.00% 230,455,103.52 100.00% (10,119,950.24) -4.21% EXPENSES 50000 COGS 141,569,221.61 58.85% 130,246,645.26 56.52% (11,322,576.35) -8.00% Gross Margin 99,005,832.15 41.15% 100,208,458.26 43.48% 1,202,626.11 1.21% GA-7.4

(TCO G) – (Ignore income taxes in this problem.) Tennessee Co. is considering the production of an exterior paint that will require the purchase of new mixing machinery. The machinery will cost $700,000, is expected to have a useful life of 12 years, and is expected to have a salvage value of $100,000 at the end of 12 years. The machinery will also need a $40,000 overhaul at the

One of the key issues faced by McGraw is that there is a large gap between his projections for next year, and what the manager’s are promising him . His goal is to obtain a 15% increase in the operating income from his division (OM, LR and NP). The managers are projecting a decrease of 5.2% from the current year. In absolute terms there is a gap of $27 MM in the projected divisions operating income.

Mexico celebrates christmas from Dec. 12th to Jan. 6th. From the 16th to christmas eve some of the children perform a reenactment called the “Posada”. If you didn't know “Posada” is Spanish for Lodging or Inn. They have nine Posadas. When they get into the Posadas they decorate with moss, evergreens, and paper lanterns. Each Posada children get a board and candles. They have them to hold painted figures of Mary and Joseph riding on a donkey. They go down the streets and sing songs to each home. The song they sing when they go to the houses is about mary and joseph asking for a room in the Posada. The children are told that there is now room so they must go away. Soon after they are told there is room so they are welcomed in. Once they enter they say prayers and celebrate by having a party with food, games and fireworks. Each night a different house holds the Posada party. On the last night of Posadas there is a whole bunch shepherds on a board. When the posada is done there is a figure of baby jesus in a manger on the board and then there is a church service. After the church

Polluter Corp is an SEC registrant granted emission allowances (EA’s) by the U.S. government. EA’s allow us to emit specified levels of pollutants. These EA’s are to be used between the years 2010 and 2030 and vary in their vintage year designation. Vintage years are the appropriated years that each EA will be used. The EA’s must be allocated over the three manufacturing facilities that we own in the U.S. to cover greenhouse gases emitted by these facilities. EA’s can be fungible, which means they are mutually interchangeable, if they have the same vintage year designation. We have chosen to record EA’s as intangible assets with a cost basis of zero. Intangible assets are described as “assets (not including financial assets) that lack physical substance. (The term intangible assets is used to refer to intangible assets other than goodwill)” (Accounting Standards Codification 350-10-20, Glossary). We are required to offset our emissions by turning in adequate EA’s or paying a fine at the end of each compliance period. Currently, our greenhouse gas emissions are significantly higher than we would like them to be. To diminish our emission levels, we have decided to upgrade our facilities in 2014. We believe that we will need extra EA’s for the fiscal years prior to the upgrade of our facilities, which is 2010 – 2014. The forecasted cost of the facilities upgrade is $15 million. We entered into two separate transactions, which will impact our statement of cash

Food Proof Software is considering a new project whose data are shown below. The equipment that would be used has a 3-year tax life, and the allowed depreciation rates for such property are 33%, 45%, 15%, and 7% for Years 1 through 4. Revenues and other operating costs are expected to be constant over the project's 10-year expected life. What is the Year 2 cash flow? B

Next I will need to find out the yearly net income from the investment. This will be gross ticket sales minus the total expenses. Deer Valley expects 300 skiers per day for 40 days at $55.00 per ticket, giving us $660,000 in ticket sales. In order to

Artemisia Gentileschi is one of the first women, Roman artists to achieve recognition in the art world after the Renaissance art era. Gentileschi was born on July 8 1593 in Rome, Italy to Orazio Gentileschi in the Baroque period. She is most famous for her work on “Madonna and Child”,and “Judith Slaying Holofernes”. Gentileschi developed her artistic skills at a very young age with the help of her father, Orazio, who was a very well known and accomplished painter. Gentileschi had a very hard child hood as she ended up losing her mother at the young age of 12 and, was raped by one of her fathers colleagues just 5 years later. It is said that Gentileschi had gifts that brought her far ahead of her time and that she was able to depict very real

| | | | | | | | | | | | | |75000 | |100000 | |125000 | |150000 | |175000 | |200000 | | |  | |  | |  | |  | |  | |  | |Direct Labor |4.00 |  |3.90 |  |3.80 |  |3.70 |  |3.80 |  |4.00 | |Material |2.00

(500,000) 1,215,153 1,308,558 1,379,154 248,357 257,664 262,899 $ 668,334 $ 719,707 $ 758,535 $ 136,596 50,000 134,271 46,500 98,000 120,000 50,000 635,367.52 32,966.63 6,191.88 26,774.75 73,275 (426,725) (432,153) 141,715 146,478 46,500 98,000 120,000 552,693.02 167,013.88 31,369.01 135,644.87 182,145 (244,580) (275,993) 144,595 146,478 46,500 98,000 120,000 555,572.33 202,962.18 38,120.92