Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. edulearn pvt. ltd. is considering three education

EduLearn Pvt. Ltd. is considering three educational software packages for purchase. The details are as follows....

50.1K

Verified Solution

Question

Accounting

  • EduLearn Pvt. Ltd. is considering three educational software packages for purchase. The details are as follows. Assume a tax rate of 29% and an interest on capital of 10%.

Particulars

Package A (?)

Package B (?)

Package C (?)

Initial investment

5,50,000

4,80,000

6,20,000

Estimated annual sales

7,50,000

7,00,000

8,00,000

Cost of production:




Direct material

60,000

50,000

70,000

Direct labour

70,000

60,000

80,000

Factory overhead

80,000

70,000

90,000

Administration cost

35,000

30,000

40,000

Selling & Distribution cost

25,000

20,000

30,000

  • The economic life of Package A is 2 years, while it is 3 years for the other two. The scrap values are ?60,000, ?50,000, and ?40,000 respectively. Determine the best investment based on the payback period method.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Because not all airline passengers show up for their reserved seats, an airline sells 125 tickets...

Statistics
Q

Items Physical State Route of Exposure Symptoms Protective Equipment First Aid Procedures Fire fighting Measures...

Biology
Q

In a YDSE a parallel beam of light of wavelength 6000A is incident on slits...

Physics
Q

A particle is subjected to two mutually perpendicular simple harmonic motions such that its x...

Physics
Q

The amount of time adults spend watching television is closely monitored by firms because this...

Statistics
Q

etermine the indefinite integral f2e x dx 7x

Calculus
Q

6 Solve the following equation for x The domain of both fand its inverse is...

Algebra
Q

pls ans thank you1. how much is the net unrealized gain/loss2. how much is the...

Accounting
Q

Using the following information, compute cash flow from investing activities. Cash balance, beginning $1,500...

Accounting
Q

REQUIRED WORK FOR MAY 1. From the Worksheet, journalize and post adjusting and closing entries...

Accounting
Q

Goldenlock Company manufactures watches and has a JIT policy that ending inventory must equal 20%...

Accounting
Q

Credit Economy: The economy of the United States is founded on credit terms where goods...

Accounting