Illustration 2 A construction company purchased an excavating machine and incurred the
following expenses:
invoice price Nu. 1,000,000
transportation cost Nu. 12,000
installation costs Nu. 9,000
repair cost prior to use Nu.35, 000
import duties Nu. 15,000
The vendor offered 5% cash discount on invoice price for 30 days credit term. The
company also paid 10% sales tax.
Required:
Calculate the cost of acquisition of the item of property, plant and equipment
which must be recognized in the company's accounting system.​

Abakery wants to determine how many trays of doughnuts it should prepare each day. demand is normal with a mean of 5 trays and standard deviation of 1 tray. if the owner wants a service level of at least 95%, how many trays should he prepare (rounded to the nearest whole tray)? assume doughnuts have no salvage value after the day is complete.

In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to reduce with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan