Amplitued is a measure of a light’s _________.

Use this Excel spreadsheet (click me) to answer question 6-8.  The equipment for this project uses the 5-year MACRS depreciation schedule, highlighted in bold; when the project concludes after 6 years, the equipment will expire worthless. What is the IRR of this project?

What is the firm’s weighted average cost of capital (WACC)? Debt information:   Bond price  $         1,080.54 Bond face value  $               1,000 Annual coupon rate (paid semi-annually) 7.50% Years to maturity 8 Yield to maturity 6.21% Marginal tax rate 20.0%     Equity information:   Risk-free rate 4.0% Stock beta 1.15 Expected return on the market 12.0%     Weight of debt 40% Weight of equity 60%

Download this Excel spreadsheet (click me) to calculate the cash conversion cycle.  What was the production cycle in 2023?  Round up to the nearest whole day.

Cannon Industries manufactures a number of products at its highly automated factory. The products are very popular, with demand far exceeding the factory’s capacity. To maximize profit, management should rank products based on their:

The following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.0  hours Standard labor rate $15.10  per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 8,100  hours Actual total labor cost $119,880   Actual output 800  units What is the labor rate variance for the month?

Well Drill Servicing Corporation is an oil well service company that measures its output by the number of wells serviced. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes.   Fixed Element per Month Variable Element per Well Serviced Revenue   $4,500 Employee salaries and wages $56,400 $ 900 Servicing materials   $ 700 Other expenses $35,400   When the company prepared its planning budget at the beginning of December, it assumed that 34 wells would have been serviced. However, 32 wells were actually serviced during December. The “Employee salaries and wages” in the flexible budget for December would have been closest to:

Hancock Corporation makes a product that uses a material with the quantity standard of 7.3 grams per unit of output and the price standard of $6.00 per gram. In January the company produced 3,400 units using 24,870 grams of the direct material. During the month Hancock purchased 27,400 grams of the direct material at $6.10 per gram. The direct materials purchases variance is computed when the materials are purchased.The materials quantity variance for January is:

The amount of direct material that should have been used to complete the company’s actual output is the ________________.

Recycle and Renew Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. Recycle and Renew has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for May.   Fixed Element per Month Variable Element per Container Refurbished Actual Total for May Revenue   $3,800 $123,400 Employee salaries and wages $40,000 $1,100 $ 73,800 Refurbishing materials   $ 700 $ 21,800 Other expenses $29,700   $ 28,800 When the company prepared its planning budget at the beginning of May, it assumed that 37 containers would have been refurbished. However, 32 containers were actually refurbished during May. The revenue variance in the Revenue and Spending Variances column of a report comparing actual results to the flexible budget for May would have been closest to: