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- Which one of the following is the proper dollar value of existing equipment to use in replacement analysis? A. Original cost B. Present market value if sold C. Present trade-in value D. Present book value E. Present market value if sold minus removal and selling expensesAssume that the capital expenditures to replace and upgrade the production equipment areas given in the original exercise, but that the production and sales quantity is not known. Forwhat production and sales quantity would SS (i) upgrade the equipment or (ii) replace the equipment?True or False: If a company already owns the land on which it plans to build a factory, the land should be treated as having no cost for purposes of evaluating the project because there is no cash outlay for the asset. Group of answer choices True False
- When a firm has the opportunity to add a project that will utilize excess factory capacity (what is currently not being used), which costs should be used to determine if the added project should be undertaken?A Opportunity CostB Sunk Cost C Incremental CostsD None of the aboveIn a makeorbuy decision, which of the following would not be relevant? Question content area bottom Part 1 A. property taxes on the plant that will still be necessary even if the product is outsourced B. the quality of the product C. a lease that could be discontinued upon accepting the "buy proposal" D. the portion of fixed costs that could be eliminated by outsourcingWhich of the following would be an argument for using the gross cost of plant and equipment as part of operating assets in return on investment computations? It eliminates the age of equipment as a factor in ROI computations. It is consistent with the computation of net operating income, which includes depreciation as an operating expense. It discourages the replacement of old, worn-out equipment because of the dramatic, adverse effect on ROI. It is consistent with the balance sheet
- Question no 3 What is avoidable and unavoidable cost? In terms of decision making how do we treat the following components and why: a.Depreciation of the equipment b.Resale value of the equipment and c.Allocated common fixed costWhich of the following R&D costs can be capitalized by an SME? Group of answer choices Conceptual formulation and design of possible product or process alternatives None of the choices Design, construction, and testing of preproduction prototypes and models Laboratory research aimed at discovering or obtaining new knowledgeWhich of the following costs are NOT typically capitalized when acquiring a new piece of equipment? Calibration costs Interest on the loan necessary to acquire the equipment Freight charges to bring the equipment to its intended location Installation costs
- In a replacement analysis, the market value of the currently owned asset a. does not impact the cash flows of the replacement asset(s) in the opportunity cost approach b. does not impact the cash flows of the current asset in the cash flow approach if the current asset is kept c. is treated as a salvage value for the current asset in the cash flow approach if the current asset is kept d. is added to the first cost of the replacement asset(s) in the opportunity cost approach.“Cost written off as depreciation on equipment already purchased is always irrelevant.” Do you agree? Why?Which statement is correct regarding the treatment of research costs in accordance with IAS 38 intangible assets? Select one alternative: Research costs may be deferred if costs can be measured reliably. Research costs may not be deferred unless it is almost certain that the project they are applied to will bring future economic benefits and costs can be measured reliably. Research costs may not be recorded as an intangible asset and thus the cost is expensed in the period it is incurred. Research costs can be deferred (recorded as an asset) when it is probable that the project they are applied to will bring future economic benefits.