Hennig Plastics Equipment Corporation has developed a new injection mold—model XP-30—that has been designed to outperform a competitor’s best-selling injection mold. Model XP-30 has a useful life of 80,000 hours of service and its operating cost is $1.20 per hour. In contrast, the competitor’s product has a useful life of 40,000 hours of service and has operating costs that average $1.40 per hour. The competitor’s injection mold sells for $165,000. Hennig has not yet established a selling price for model XP-30.

From a value-based pricing standpoint what is XP-30’s economic value to the customer over its 70,000 hour useful life?

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing company: work in process inventory $0 raw materials inventory $ 28 comma 100 finished goods inventory $ 40 comma 600 additional data: 1. actual manufacturing overhead for january amounted to $ 65 comma 000. 2. total direct labor cost for january was $ 63 comma 400. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no. 151, for which total direct labor charges were $ 5 comma 200 (1 comma 300 direct labor hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 700. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 300. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for january?

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.