Answer:
4 per hour
Explanation:
The computation of the current hourly cost of defect is shown below:
= Defective average × cost of inspector × replacement cost
where,
The Defective average is 0.02
The Cost of the inspector is $8
And, the replacement cost is $25
Now placing these values to the above formula
So, the current hourly defective cost is
= 0.02 × $8 × $25
= 4 per hour
Answer:<u> Selling Price = $9803.92</u>
Explanation:
Given:
Treasury bill will provide 2% return in every 6 months.
Time = 6 months
Rate of return = 2% per 6 months
Selling Price of Treasury bill =
Selling Price =
<u><em>Hence price we would expect a 6-month maturity Treasury bill to sell for is $9803.92</em></u>