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Georgia [21]
4 years ago
11

The delivered equipment cost for setting up a production and assembly line for two-way floating ball valves is $650,000. If the

direct cost and indirect cost factors are 1.82 and 0.31, respectively, and only the direct cost factor applies to delivered equipment cost, the total plant cost estimate is approximately:a. $ 2,034,500b. $ 2,401,230c. $ 2,684,500d. $ 2,983,000
Business
2 answers:
Delicious77 [7]4 years ago
5 0

Answer:

a) 2, 034,500

Explanation:

the explanation is given in the file attached

Download docx
Rom4ik [11]4 years ago
4 0

Answer:

$2,034,500 ; A

Explanation:

In this question, we are asked to calculate cost estimate.

One of the methods which we can use to do this is the cost factor technique.

Mathematically, the estimated total cost will be;

Ct = hCe

Where Ce refers to cost at major equipment and h is the overall cost factor.

From the question, we can identify the following;

Ce is $650,000 while h = 1.82 + 1 + 0.31 = 3.13

Inputing these values in the formula, we have;

Ct = $650,000 * 3.13 = $2,034,500

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Pro-Tect Insurance Company has recently been paying out more on car-theft claims than it expected. Cars with special antitheft d
lisov135 [29]

Answer:

The correct answer is C) In one or two years, the discount that Pro-Tect is offering will amount to more than the cost of buying certain highly effective antitheft devices.

Explanation:

For the Pro-Tect plan to work, at least some of the insured who do not currently have an anti-theft device or an alarm system must decide to install such device or system due to the discount. If the cost of anti-theft devices is very high in relation to the size of the discount, the discount may not be enough to encourage policyholders to buy such devices. Option (C) tells us that the devices would "pay for themselves" after only a year or two and, therefore, that customers installing those devices will save money every successive year. The fact that customers have a financial incentive to install such devices provides a strong indication that the plan will achieve its objective. Keep the option (C).

6 0
3 years ago
Categorize each item below as a component of Gross Domestic Product (GDP): consumption, investment, government purchases, or net
a_sh-v [17]

Each items as a component of Gross Domestic Product (GDP) are:

Consumption:

  • Ice Cream
  • 55 cent tacos

Investment:

  • A domestically manufactured business computer

Government purchases

  • A public school teacher's salary

Net export:

  • An exported dollhouse

<h3>What is  Gross Domestic Product (GDP)?</h3>

Gross Domestic Product (GDP) can be defined as the overall value of goods and service that are produced and sold in the market during a particular period of time.

Based on the information given each items as a component of Gross Domestic Product (GDP) are:

Consumption:

  • Ice Cream
  • 55 cent tacos
  • A domestically manufactured personal computer
  • Cab fare for personal use
  • A ticket to a local sporting event

Investment:

  • A domestically manufactured business computer

Government purchases:

  • A public school teacher's salary

Net export:

  • An exported dollhouse

Inconclusion each items as a component of Gross Domestic Product (GDP) are:

Consumption:

  • Ice Cream
  • 55 cent tacos

Learn more about Gross Domestic Product (GDP) here:brainly.com/question/1383956

4 0
3 years ago
Wellman Company is considering investing in a two-year project. Wellman's required rate of return is 10%. The present value of $
yaroslaw [1]

Answer:

c. $155,320

Explanation:

The computation of the project cost is shown below:

= Cash inflow in year 1 × discount factor in year 1 + cash inflow in year 2 × discount factor in year 2

= $80,000 × 0.909 + $100,000 × 0.826

= $72,720 + $82,600

= $155,320

By multiplying the discount factor of each year with the cash inflow of that year, the present value of that year will come.

4 0
4 years ago
Identify whether each example in below is a programmed or nonprogrammed decision.
insens350 [35]

Answer:

The answers are:

1. nonprogrammed decision

2. programmed decision

3. nonprogrammed decision

4. programmed decision

Explanation:

Programmed decisions are decisions for which the decision maker has developed certain set of guiding rules for, over time, as a result of repetition. Here the results can be predicted with a reasonable degree of accuracy, because the situations surrounding the circumstances are well known. In our example, feeding the puppy overtime has become routine, hence it is a programmed decision, also, the choice of tea at Starbucks is a programmed decision because you know what to expect and that is because you have tried the other varieties and come to a conclusion on the choices to be made which is well understood.

On the contrary, a nonprogrammed or nonroutine decision is a decision that is based on circumstances that are not entirely predictable to a reasonable extent. The structure of the circumstances surrounding the decision to be made is not well understood. There are so many "what ifs". These decisions can be said to be novel, and they are not routine. In our example, the choice of the constructor to use for your kitchen design and the decision by the accounting firm on whether to renew the lease or relocate are nonprogrammed because these decisions are not everyday decisions and the decision makers are not certain what the outcomes will be depending on the choices they make, if they will eventually regret it or not.

5 0
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larisa [96]

This question is very broad. It could be attributable to several factors, but mostly the increase in production costs.

Production costs could be transportation, resources, food, rent, basically anything that would go into making a product.

6 0
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