true or false? Costs that clearly benefit the entire year should be allocated over the interim periods.
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true or false?
Costs that clearly benefit the entire year should be allocated over the interim periods.
Step by step
Solved in 3 steps
- Can you please explain what we mean by "Short-run" and "long-run" for decision-making in cost accounting? and What are the relevant costs related for each term. Does short-term mean a period less than a year? And long-run, a period more than a year?What are the prime costs for the year?What are the prime costs for the year?The economic service life of a project is best described as _____________________? a. Another term for the analysis period of a benefit-cost analysis.b. The number of years for which depreciation is on-going for an asset.c. The present worth of the project after taxes.d. The amount of time (usually in years) that an asset should be used to achieve thesmallest annual cost of operation.
- In a maximum of two lines, give an explanation to the following statements: While comparing projects with unequal time frames, evaluation via the equivalent annual net benefit method may be simpler than via the roll-over method.Consider the following financial data for a project: (a) What is the i* for this project? (b) If the annual expenses increase at a 7% rate over the previous year's expenses, but annual revenue is unchanged, what is the new i*?How can we determine the non-recurring costs such as capital expenditure and residual value at the end of the project period?
- Define the term Annual operating cost:?1. Alleyne thinks that projects should be selected based on their NPVs. Assume allcash flows occur at the end of the year except for initial investment amounts.Calculate the NPV for each project. Ignore income taxesExplain with example Annual Equivalent Cost Comparison with Unequal Project Lives?
- Calculate the Payback Period of Project A (expressed in years, months and days). Where applicable, use the present value tables.What refers to the present worth of cost associated with an asset for an infinite period of time? Select one: a. payback period b. capitalized cost c. incremental cost d. operating costWhat recommendations should Gary propose to control costs in the upcoming months?