Answer:
The process capability ratio, Cp is 1.33
Explanation:
In order to calculate the process capability ratio, Cp we would have to calculate the following formula:
process capability ratio, Cp= (USL - LSL) / 6 x standard deviation
According to the given data we have the following:
USL = 2,400 hours
LSL = 1,600 hours
Standard deviation = 100 hours
Therefore, process capability ratio, Cp= 2,400 - 1,600 / 6 x 100
process capability ratio, Cp= 1.33
The process capability ratio, Cp is 1.33
Answer:
NPV = $ 1,565
Explanation:
The net present value of refurbishing the equipment is calculated as follows : -
NPV = - $ 125,000 + $50,000 \div 1.091 + $50,000 \div 1.092 + $50,000 \div 1.093
NPV = $ 1,565
Answer:
Explanation:
a. Underwriter fees per share:
= Selling price of share * Underwriting cost
= 100 * 2.10%
= $2.10
b. Amount received per share:
= Selling price per share - underwriting fees per share
= 100 - 2.10
= $97.90
Answer:
$267,000
Explanation:
Total manufacturing cost refers to the sum of all expenses incurred by a firm in the production process in a period. Total manufacturing cost is compared with total revenue to determine profitability. The calculation of total manufacturing involves additional direct materials, direct labor, and overhead costs.
Therefore, total manufacturing cost = Direct materials +Direct labor + overhead costs.
For crane company:
$390,000= $59,000 + $ 64,000 + direct labor
= $390,000= $123,000 + direct labor
=Direct labor =$390,000-$123,000
=$267,000
Answer:
The right approach will be "$ 1123.2".
Explanation:
The number of miles to be used will be:
=
=
Now,
The item deduction will be:
=
=
= ($)