Percentage complete
30 % for conversion
Required: Calculate the equivalent units for materials for the month in the first processing department
2. ( TCO B) Madlem, Inc., produces and sells a single product whose selling price is $ 240.00 per unit and whose variable expense is $ 86.40 per unit. The company ' s fixed expense is $ 720,384 per month.
Required: Determine the monthly break-even in either unit or total dollar sales. Show your work!( Points: 25)
3. ( TCO G)( Ignore income taxes in this problem.) Axillar Beauty Products Corporation is considering the production of a new conditioning shampoo that will require the purchase of new mixing machinery. The machinery will cost $ 375,000, is expected to have a useful life of 10 years, and is expected to have a salvage value of $ 50,000 at the end of 10 years. The machinery will also need a $ 35,000 overhaul at the end of Year 6. A $ 40,000 increase in working capital will be needed for this investment project. The working capital will be released at the end of the 10 years. The new shampoo is expected to generate net cash inflows of $ 85,000 per year for each of the 10 years. Axillar ' s discount rate is 16 %.
Required:
a. What is the net present value of this investment opportunity?