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omeli [17]
3 years ago
14

Using a cost chart, estimate the current purchased cost of a cast-steel centrifugal pump that requires 100 kW of power. What is

the cost if the pump is made of 316 stainless steel?

Business
1 answer:
Levart [38]3 years ago
5 0

Answer:

$94,500

Explanation:

Given the attached chart and table, we have

Purchased cost of cast-steel centrifugal pump that requires 100kw of power = $45,000

Cost if pump is made of 316 stainless steel = 2.1 * 45,000 = $94,500

Note: see the attached images.

Hope this helps!

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Causwell Company began 2021 with 10,000 units of inventory on hand. The cost of each unit was $5.00. During 2021, an additional
lidiya [134]

Answer: 1. $110000.

2. $120000

Explanation:

First, we calculate the sold units which will be:

= Opening inventory + Purchase - Ending inventory

= 10000 + 30000 - 20000.

= 20000

Then, the cost of stock per unit will be:

= $115000/20000

= $5.75

The total cost of the total stock available will be:

= 40000 × $5.75

= $230,000

Cost of purchase stock will be:

= Total cost of stock - Cost of beginning inventory

= $230000 - $50000

= $180000

Then, cos per unit of purchased stock will be:

= $180000 / 30000

= $6

1 Determine the cost of goods sold for 2021 using the FIFO method.

Cost from begining inventory = 10000 × 5 = 50000

Add: Cost from purchase inventory = 10000 × 6 = 60000

Cost of goods sold under FIFO = 110000

2. Determine the cost of goods sold for 2021 using the LIFO method.

This will be:

= 20000 × 6

= 120000

5 0
3 years ago
A(n) _____ is awarded on the basis of financial need. You will not be charged any interest before you begin repayment or during
Tcecarenko [31]
The correct answer is: Subsidized Loans
Hope this helped!
8 0
3 years ago
Privacy act of 1974, the US government is prohibited from storing many types of data about US citizens. The act does NOT prohibi
jok3333 [9.3K]

Answer:

The correct answer is A

Explanation:

The action, looking through the paradigm of Utilitarianism would be considered ethical.

Any action especially by the ruling powers, government or political class which regardless of the rule of law is aimed at engineering the social, economic and or political levers of any state to the end that it betters society as a whole would be considered Utilitarian.

Utilitarianism is simply a theory or philosophy which preaches and teaches the need for happiness or pleasure whilst condemning any action, policy, thought or law that stimulates harm and unhappiness.

According to the question, the Privacy Act of 1974 had debarred the acquisition of Intelligence especially for the purpose of transacting business. Sooner or later it purchased, through an entity, information about its citizens on the basis of the need for National Security.

The act of seeking the welfare of the state thus becomes permissible reason under an utilitarian government for it to break a protocol or an existing edict.

Cheers!

Cheers!

7 0
3 years ago
Balance of trade summarizes
babunello [35]

Answer:

C. The flow of goods and services.

Explanation:

Balance of trade: In Economics, the balance of trade accounts for the inflow and outflow of the goods and services in in a country for a given period, it is also called the <em>balance of payment.</em>

8 0
3 years ago
Read 2 more answers
Northwest Iron and Steel is considering getting involved in electronic commerce. A modest e-commerce package is available for $3
djverab [1.8K]

Answer:

$8,693

Explanation:

Effective annual interets rate: AI = (1+i/m)^n - 1

i = 3*2=6%, m = 26

AI = [1+6%/26]^26 - 1

AI = 1.0617 - 1

AI = 0.0617

Let semi annual income be $X. So, present value of four semiannual income will be aggregated to get principal invetsed money of $30,000

30,000 = ∑[X/1.0617^n}

30,000 = 3.451 * X

X = 8693.132425383947

X = $8,693

Therefore, firm have to earn $8,693 after every 6 months at an interest rate of 3% per week to recover $30,000 initial investment in 2 years

3 0
2 years ago
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