Answer:
True cost of the microwave is in 99% confidence interval: 
Explanation:
Relevant data:
As we want to know the 99% confidence interval, the significance level is:
We need to estimate a confidence interval by a two tailed normal bell. Then we have:
The z-value for a probability of 0.005 in a normal standard distribution is 2.576
Confidence interval is given by;:
True cost of the microwave is in 99% confidence interval:
Answer:
0.0075 rugs per dollar
Explanation:
(b)
Total labor cost:
= 520 hours × $15 per hour
= $7,800
Total solvent cost:
= 100 gallons × $5 per gallon
= $500
Total machine rental cost:
= 22 days × $75 per day
= $1,650
Multi-factor productivity:
= Number of rugs ÷ (Total labor cost + Total solvent cost + Total machine rental cost)
= 75 ÷ ($7,800 + $500 + $1,650)
= 75 ÷ $9,950
= 0.0075 rugs per dollar
Answer:
revised annual depreciation will be : 13710
Explanation:
After revision the remaining life of equipment shrank down to 2 years, so the depreciation working will be worked out to adjusted the impact of decreasing of useful life.
As per existing information the depreciation charges are calculated as :
(Cost-Salvage Value)/Useful life= (49700-4000)/10 = 4570
Accumulated Depreciation indicates that 4 years have past by (18280/4570)
now remaining years are 6 which will be reduced to 2 after revision so the new working will be as follows:
Remaining Cost :31420 (49700
-18280)
Salvage Value : 4000
Revised Remaining Useful Life : 2
Revised Calculated Depreciation Annual : (31420-4000)/2 = 13710
It can be further verified through simple math also:
Adding annual depreciation of remaining 2 years : 13710
+13710
=27420
Value available for depreciation after salvage value : 31420
-4000= 27420
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Answer:
shift work
Explanation:
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