[SamiBrady]

Margine sold for 18,000 equipment that cost 40,000 and had a book value of 30,000. Margine would report?
a. operating cash inflows of 18000
b. operating cash inflows of 8000
c. financing cash inflows of 18000
d. investing cash inflows of 18000

could u help me out with this one... thanks Sami

[morgaine300]

Please see the guidelines for posting homework problems:
Ask Me Help Desk - Announcements in Forum : Homework Help

And since it's multiple choice, it's also nice to see why you chose a particular answer.

[SamiBrady]

I'm thinking it's B... but I'mnot sure

[correa58]

3.
Vodopich Corporation has provided the following data from its activity-based costing system:

Activity Cost Pool Total Cost Total Activity
Assembly $703,000 37,000 machine-hours
Processing orders $103,500 2,300 orders
Inspection $114,480 1,590 inspection-hours

Data concerning the company's product P58Z appear below:

Annual unit production and sales 460
Annual machine-hours 910
Annual number of orders 91
Annual inspection hours 33
Direct materials cost $35 per unit
Direct labor cost $24 per unit

According to the activity-based costing system, the average cost of product P58Z is closest to (rounded):
$106 per unit
$46 per unit
$52 per unit
$111 per unit
References

[morgaine300]

correa58, please post your question to your own thread. It's not even related to the original post. (Think what would happen if everyone just posted all their questions in the same thread.)

Also see the guidelines for posting homework problems:
Ask Me Help Desk - Announcements in Forum : Homework Help

I just posted that in post #2, which obviously you ignored.

[morgaine300]

SamiBrady, two things. One, it's cash flows. You have to concentrate on the actual cash received. Did you receive 8000?

Second, selling equipment isn't an operating activity. That has to do with your day-to-day operations, so related to your sales and purchases and everyday expenses, and the asset/liability accounts that go along with that, such as A/R, A/P, inventory.

Investing activities are basically all assets that aren't current. Assets are what the company invests in.

Financing activities are all liabilities that aren't current and all equity. Financing means how the company financed themselves, through either debt or equity.

[azharaa]

Vodopich Corporation has provided the following data from its activity-based costing system:

Activity Cost Pool Total Cost Total Activity
Assembly $740,000 37,000 machine-hours
Processing orders $70,400 1,600 orders
Inspection $107,440 1,580 inspection-hours

Data concerning the company's product P58Z appear below:

Annual unit production and sales 430
Annual machine-hours 900
Annual number of orders 93
Annual inspection hours 26
Direct materials cost $35 per unit
Direct labor cost $24 per unit

According to the activity-based costing system, the average cost of product P58Z is closest to (rounded):
$115 per unit
$51 per unit
$55 per unit
$111 per unit