Riener hospital has an x-ray machine with a book value of $60,000 and a remaining useful life of three years. at the end of the three years the equipment will have a zero salvage value. the market value of the equipment is currently $32,000. riener can purchase a new machine for $145,000 and receive $28,000 in return for trading in its old machine. the new machine will reduce variable manufacturing costs by $27,000 per year over the three-year life of the new machine. the total increase or decrease in net income by replacing the current machine with the new machine (ignoring the time value of money) is: a. $22,000 decrease b. $76,000 increase c. $18,000 decrease d. $52,000 increase e. $22000 increase

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.