Answer:
equivalent annual cost: 19,784.81
The investment is not economically justified as it is cheaper to pay the fines than invest in the equipment to avoid them.
Explanation:
We calcualte the PMT of a 75,000 dollars equipment at 10%
PV 75,000
time 5
rate 0.1
C $ 19,784.811
EPA fines: <u> </u><u>$ 18,500.00 </u>
differential: (1, 284.81)
Answer:
$23.32
Explanation:
We have the given information as below:
Defective content average = 0.04
Number of units inspected per hour = 53
Hourly rate = $10
Cost involved in final product testing = $11
Now to determine if the inspector position is eliminated, we will need to calculate the number of defective products:
defective products = Defective content average × Number of units inspected per hour
defective products = 0.04 × 53 = 2.12
the hourly cost of defects = defective products × Cost involved in final product testing
The hourly cost of defects = 2.12 × $11 = $23.32
In tradition based economy, it has its components, strong points and weakness. Their weakness could affect the people in different ways and in the following above is one of them. The correct answer would be number 2, it has great difficulty dealing with change, it is because this type of economy is accustomed with their traditions that when change kicks in, they would have problems because they are new and used to it.
Answer:
Account receivable = $889,000
Explanation:
The company would record as net receivables, the total amount on accounts receivable less total amount on the allowance for uncollectible account.
The above means that the balance would represent the amount of credit that has gone bad hence the value represent balance on net receivable account.
Therefore,
Accounts receivable
= Adjusted balance in accounts receivable - Allowance for doubtful account
= $980,000 - $91,000
= $889,000
Answer:
Bill and Ted's contribution margin for the first month is $790
Explanation:
Contribution margin per unit is the amount that each additional unit sold contributes towards a company’s fixed costs and profit and calculated by following formula:
Contribution Margin per Unit = Sales Price – Variable Cost per Unit
The company had 10 service calls each earning $99 revenue per call and variable costs amounting to $20 per call
Contribution Margin per Unit = $99 - $20 = $79
Bill and Ted's contribution margin for the first month = $79 x 10 = $790
