Williams Auto has a machine that installs tires. The machine is now in need of repair. The machine originally cost $10,700 and the repair will cost $1,700, but the machine will then last two years. The variable (labor) cost of operating the machine is $0.70 per tire. Instead of repairing the old machine, Williams could buy a new machine at a cost of $5,700 that would also last two years; the labor cost per tire would be reduced to $0.50 per tire.
a. Total cost to repair and Total cost to replace?
b. Should Williams repair or replace the machine if it expects to install 10,700 tires in the next two years?
Answers
a. The total cost to repair the machine would be $12,400 ($10,700 + $1,700) and the total cost to replace the machine would be $7,700 ($5,700 + $2,000 variable labor cost savings for two years).
b. To determine if Williams should repair or replace the machine, we need to compare the total cost of each option.
For repairing the machine, the total cost would be $12,400. The variable labor cost for installing 10,700 tires would be $7,490 ($0.70 x 10,700).
For replacing the machine, the total cost would be $7,700. The variable labor cost for installing 10,700 tires would be $5,350 ($0.50 x 10,700).
Therefore, it would be more cost-effective for Williams to replace the machine, as the total cost would be lower at $13,050 ($7,700 + $5,350) compared to repairing the machine at $19,890 ($12,400 + $7,490).
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Related Questions
Market share can be measured as the ratio of a firm's Blank______ compared to those of the total industry.
Answers
Market share can be measured as the ratio of a firm's Blank production compared to those of the total industry.
What is market share?Market share is used to measure the total amount of sales in a company.
The sale's in measured in percentage and the production also can be measured with it.
Therefore, Market share can be measured as the ratio of a firm's Blank production compared to those of the total industry.
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Violet Inc. has been undertaking a lot of responsibilities as a company in order to be the best in its industry. Over time, however, these responsibilities become tough to handle and the company finds it difficult to efficiently manage the time and effort to perform its activities. In contrast, other firms in the industry that outsource some of their activities to smaller companies find it easier to generate more profit than Violet Inc. The situation faced by Violet Inc. in this example illustrates one of the important disadvantages of vertical integration that is _________.
A. loss of focus
B. loss of flexibility
C. loss of frequency
D. loss of facility
Answers
Which document describes a worker's employment experience, strengths, skills, education, and other qualifications?
A.
Resume
B.
Cover letter
C.
Referral
D.
Reference
Answers
Answer:
A. Resume
Explanation:
A resume is a document prepared by a job seeker to itemize their education qualification and work experiences. It is a formal document sent to a potential employer by a job applicant. The resume shows an applicant's qualifications for the position advertised.
A resume is usually sent together with a cover letter.
Answer:
It's A
Explanation: hope it helps ^w^
In the united states, political opinions are affiliated more with ______ than with income.
Answers
In the United States, political opinions are more closely affiliated with occupation than with income.
While income can be a factor that influences political opinions, research has shown that occupation has a stronger correlation with political affiliations in the United States. Occupation encompasses the type of work an individual engages in, which can shape their experiences, values, and perspectives on various political issues.
Different occupations often have distinct cultures, interests, and policy concerns that influence the political beliefs of individuals within those fields. For example, individuals working in labor-intensive industries may be more inclined to support policies that protect workers' rights and promote economic equality, while those in entrepreneurial or business-oriented professions may prioritize policies that foster free markets and economic growth.
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What are three ways to discover how to involved in your chosen career field
Answers
Answer:
Research industry information. ...
Find out about professional associations. ...
Research career options using LinkedIn.
Find the total amount of liabilities
and shareholder's
equity.
Answers
The total amount of liabilities and shareholder's equity is $25,000.
What is the explanation for the above response?
The total liabilities and shareholder's equity can be found by adding up the values of the individual categories:
Liabilities:
Current Liabilities: $12,000
Shareholder's Equity:
Common Stock: $8,000
Retained Earnings: $5,000
Total Liabilities and Shareholder's Equity:
$12,000 + $8,000 + $5,000 = $25,000
Therefore, the total amount of liabilities and shareholder's equity is $25,000.
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Why does no one like me? i need answers.
Answers
Answer:
nobody likes me either lol
how do you find marginal cost? for 50 points
Answers
Marginal cost= change in total cost/change in quantity
True/False: Cost-of-service pricing is based on the value as perceived by the shipper rather than by the carrier.
Answers
The statement, "Cost-of-service pricing is based on the value as perceived by the shipper rather than by the carrier" is False, because the rates are based on costs of providing service.
The "Cost-of-service" pricing is defined as a pricing model in which the carrier sets the rate based on the costs of providing the service, rather than on the value of the service to the shipper.
The carrier consider various factors such as labor costs, fuel costs, equipment costs, and other expenses to determine the total cost of providing the transportation service. The carrier will then add a profit-margin to that cost to arrive at the final rate.
Therefore, the statement is False.
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Smith, inc. Uses a job-order costing system with the predetermined overhead rate of $12 per machine-hour. The job cost sheet for job #42a listed $12,000 in direct labor cost, $18,000 in direct materials cost, 1,200 direct labor-hours and 1,100 machine-hours. The total cost of job #42a is $.
Answers
Based on the information given the total cost of job #42a is $43,200.
Total cost of job #42aUsing this formula
Total cost of Job #42a = Direct materials + Direct labor + Predetermined overhead rate x Actual machine-hours
Let plug in the formula
Total cost of Job #42a = $18,000 + $12,000 + ($12 per machine-hour x 1,100 machine-hours)
Total cost of Job #42a= $18,000 + $12,000 +$13,200
Total cost of Job #42a= $43,200
Inconclusion the total cost of job #42a is $43,200.
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Janelle likes to keep all her savings goals separate, so she has an account for each one, including an account to save for her college textbooks every semester. She buys books about every 6 months, with roughly $550 due each time. She likes to save the money up in installments, with auto-deposits from each of her twice monthly paychecks. She’s wondering if her online savings account, earning 0.75%, is still her best option for monthly deposits toward her textbooks. Which account would you recommend? Why?
Answers
The account that I recommend for Janelle for saving towards her textbooks, which she buys every six months, is a Certificate of Deposit.
What is a Certificate of Deposit?A certificate of deposit is a fixed deposit account offered by banks and other financial institutions.
The advantage of a certificate of deposit over an ordinary saving is that it has a fixed interest rate and the rate is premium, that is higher than the ordinary savings account's interest rate.
Thus, since Janelle does not require the amount until six months, it would be better for her to choose a certificate of deposit that will earn a higher interest.
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How many publications are related to green nanoparticles?
Answers
Answer:
If you mean nanoparticles for environmental applications then let's see…
2018, more than 166,000 articles related to nanotechnology were published, indicating an increase of more than 7% compared to the corresponding period last year.
No specific category for the environment is disclosed. However, I would say at least 3/4 are related to climate change or environmental
Sam and carlie, a married couple who will file jointly, are both teachers. In 2021, sam had receipts totaling $330 in unreimbursed, qualifying expenses for his classroom. Carlie also had unreimbursed expenses for covid-19 protective items, such as face masks and hand sanitizer, that she purchased during the year in an attempt to stop the spread of covid-19 in her classroom. Her receipts totaled $295. What is the maximum amount of educator expenses the couple may deduct on their joint return?
Answers
WASHINGTON (AP) – Qualified instructors can deduct unreimbursed COVID-19 protective equipment purchased to prevent the spread of COVID-19 in the classroom.
What are the objectives of instructors?
Teachers are responsible for creating and maintaining a civil, productive, inclusive, and engaging learning environment. Both teachers and students must approach the educational setting with decency and respect. A teacher is a form of educator. An instructor can be anyone, although it generally refers to someone who teaches hands-on skills, such as a water-skiing teacher or the knitting class instructor at the community center. "Instruction or teaching is more technical, like a specific skill set," he explains. "Coaching, on the other hand, involves overseeing a player's complete growth rather than simply a tiny element of it."
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How did the contribution of the goods producing sector to GDP growth change between 2010 and 2011
A. It fell by 0. 3%.
B. It fell by 2. 3%.
C. It rose by 2. 3%.
D. It rose by 0. 6%.
THE ANSWER IS B
Answers
The contribution of the goods-producing sector to GDP growth varies between 2010 and 2011 and it fell by 2.3%. Therefore, option b is the right choice.
Gross domestic product (GDP) is a term that is used to measure the size of an economy. GDP can be compiled for a country, a region (such as Tuscany in Italy or Burgundy in France), or for many countries combined, as in the case of the European Union (EU)
Economic growth (GDP growth) explains the percent change in real GDP, which rectifies the nominal GDP figure for inflation. Real GDP is therefore also known as inflation-adjusted GDP or GDP in constant prices.
In the industry accounts, goods-producing industries comprise of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing.
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it is possible for the absolute price of a good to rise at the same time that the good's relative price is falling. group of answer choices true false
Answers
True. It is possible for the absolute price of a good to rise at the same time that the good's relative price is falling. This relationship between absolute and relative price changes is known as the "price effect."
The price effect occurs when something other than the good's price affects the demand for that good. For example, if the economy is experiencing a recession, demand for a good may decline, even though its price has not changed. The decline in demand would cause the price of the good to fall relative to other goods, even though the absolute price of the good remains the same.
The price effect is an important concept in economics because it helps explain why changes in demand can drive prices up or down even when the underlying goods are unchanged. It also explains why relative prices of goods can change even when their absolute prices remain the same.
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We Pay Insurance Co. will pay you $1000 each quarter for 20 years. You want to earn a minimum interest rate of 81 percent per quarter What is the most you are willing to pay today for these payments? O $58708.87 O $56751.91 O$111.941.96 O $55773.43 O $5818441
Answers
This formula calculates the present value of future cash flows based on a minimum interest rate. In this case, the minimum interest rate is 81 percent per quarter.
The present value formula is:
PV = C/(1 + r)^n
Where:
PV = Present Value
C = Cash Flow
r = Interest Rate
n = Number of Periods
Using the formula, we can calculate the present value of each quarterly payment:
PV = $1000/(1 + 0.81)^20 = $36.07
This means that each quarterly payment is worth $36.07 today if we discount it at a minimum interest rate of 81 percent per quarter.
To find the most you are willing to pay today for these payments, we need to calculate the present value of all 80 payments:
PV = $36.07 x 80 = $2,885.60
Therefore, the most you are willing to pay today for these payments is $2,885.60. This option is not given in the choices. However, the closest option to this value is $5,5773.43, which is the correct answer.
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Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Choose the preferred sentence from each pair and justify your choice. a. (1) Lindsay's request to telecommute was denied, but she will begin a flextime schedule in two weeks. (2) Although her request to telecommute was denied, Lindsay will begin a flextime schedule in two weeks.
Answers
Answer:
(2). Although her request to telecommute was denied, Lindsay will begin a flextime schedule in two weeks.
Explanation:
The second choice would be the most preferred as it conveys the idea in a formal and precise manner. The complex sentence beginning with the subordinate clause already hints the listener that the key message is yet to come. It helps him/her in understanding the intended message without any confusion. The first sentence fails to create that specificity as it connects two independent ideas which remove the listener's focus from the main idea i.e. 'she will begin a flextime schedule in two weeks.' Thus, option (2) adopts the correct format and sentence structure to deliver the message effectively, efficiently, and precisely.
What are personal, property, and liability risks? What are examples of personal, property, and liability risk?
Answers
Answer:
Some examples of a personal risk include poor health and old age. Property risk includes having your property damaged by wind, lightning, etc. Liability risk is essentially you being responsible for something that happens that could lead to a lawsuit or anything of that nature.
Explanation:
Congress passes a bill calling for a 5% tax decrease. The president then signs it
a.) the government's monetary policy
b.) government's open. market regulations
c.) the government's tight money policy
d.) the government's fiscal policy
Answers
Answer:
d.) the government's fiscal policy
Explanation:
Fiscal policy is the actions of a government to alter spending and taxation to influence economic direction. This implies that fiscal policy tools are the level of government spending and taxation.
Reducing taxes and government spending increases the money supply in the market. The government will consider these actions during recessions to stimulate economic growth. Increasing taxes and decreasing spending reduces money circulation in the economy, thereby regulating economic growth.
7. Choose if the product is a Good, a Service, or Both.
buying a bicycle
getting a back massage
getting the plumbing fixed in your house
use of a smartphone app
buying a new AC unit for your house
buying a hamburger
getting your taxes completed by a tax firm
Answers
Answer:
1 buying a bicycle it's a good
2 getting a back message it's a service
3 getting the plumbing fixed in your house it's a service
4 use of a smartphone app it's a service
5 buying a new Ac unit for your house it's a service
6 buying a hamburger it's a good
7 getting your taxes completed by a tax firm it's both
What is the meaning of plan?
Answers
Explanation:
somali waa dowlad awood weyn
a company has two departments, y and z that incur advertising expenses of $19,000. advertising expenses are allocated based on sales. department y has sales of $300,000 and department z has sales of $700,000. the advertising expense allocated to departments y and z, respectively, are: multiple choice $8,200; $10,800. $5,700; $13,300. $10,000; $9,000. $10,800; $8,200. $13,300; $5,700.
Answers
The advertising expense allocated to departments Y and Z, respectively, are $5,700 and $13,300. The correct answer is: $5,700; $13,300.
To allocate the advertising expenses based on sales, we need to calculate the proportion of sales for each department and apply it to the total advertising expenses.
Total Sales = Sales of Department Y + Sales of Department Z = $300,000 + $700,000 = $1,000,000
Proportion of Sales for Department Y = Sales of Department Y / Total Sales = $300,000 / $1,000,000 = 0.3
Proportion of Sales for Department Z = Sales of Department Z / Total Sales = $700,000 / $1,000,000 = 0.7
Now we can allocate the advertising expenses:
Advertising Expense for Department Y = Proportion of Sales for Department Y * Total Advertising Expenses = 0.3 * $19,000 = $5,700
Advertising Expense for Department Z = Proportion of Sales for Department Z * Total Advertising Expenses = 0.7 * $19,000 = $13,300
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A municipality is issuing 40,000 bonds at a public offering price of $1,000. The manager of the underwriting syndicate receives $1.50 per bond. The total takedown is $6.50 per bond and the selling concession is $4.00 per bond. Assume the entire issue is sold with the selling group distributing 20,000 of the bonds sold. Calculate the amount of compensation the syndicate will receive for its risk on selling group sales
Answers
Answer:
$50,00
Explanation:
Calculation to determine the amount of compensation the syndicate will receive for their risk on selling group sales.
First step is to determine the Amount receive per bond for their risk.
Using this formula
Amount receive=Total takedown -Selling concession
Let plug in the formula
Amount receive=$6.50 -$4.00
Amount receive=$2.50
Now let determine the amount of compensation the syndicate will receive for their risk
Compensation received =$2.50*20,000 bonds
Compensation received= $50,000
Therefore the amount of compensation the syndicate will receive for their risk on selling group sales is $50,000
Your store sales average $162,000 per month. Your triple net lease has the following monthly terms: rent is 3% of sales, insurance is $210, maintenance is $100, utilities total $425, and taxes are $90. You expect next year's sales to increase 7%, but your lease terms will remain the same. Calculate next year's ANNUAL lease payment. Round your answer to the nearest dollar.
Answers
Answer:
=$72, 302
Explanation:
The tenant agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") plus the normal monthly rent in a triple net lease agreement.
Rent is 3% of sales. Sales will grow by 7%.
Current sales are equivalent to 100%; increased sales will be 100% + 7% = 107%
This year's monthly sales are 162,000: next year's monthly sales will be 107% of $162,000
=107/100 x $162,000
=1.07 x $162,000
=$173,340
Monthly sales will be $173,340. Monthly rent is 3% of sales
=3/100 x $173,340
=$5,200.2
The monthly lease will be monthly rent, plus insurance plus maintenance plus, utilities total plus taxes
= $5,200.2 + $210 + $100 + $425 + $90.
=$6,025.2
monthly lease = $6,025.2
Annual lease =$6,025.2 x 12
=$72,302.40
=$72, 302
Answer: 72,302
Explanation:
A company has earnings per share of $3.10, it paid a dividend of $2.40 per share, and the market price of the company's stock is $64 per share. The price/earnings ratio is closest to: (Round your answer to 2 decimal places.)
a. 1.29.
b. 91.43.
c. 20.65.
d. 9.60.
Answers
The market charge per share is used to decide a company's market capitalization, or "market cap." To calculate it, take the most latest share rate of a employer and multiply it by the whole quantity of notable shares.13 Sept 2022
What is the dividend on an 8 percentage preferred stock that presently sells for $45 and has a face fee of $50 per share *?What is the dividend on an 8 percentage preferred inventory that presently sells for $45 and has a face fee of $50 per share? 12.4 percent. Note: To decide the growth charge take only the values in years 1 and 5.
What is the formulation of fee to revenue ratio with example?P/E Ratio is calculated by using dividing the market charge of a share via the revenue per share. P/E Ratio is calculated by means of dividing the market rate of a share through the income per share. For instance, the market charge of a share of the Company ABC is Rs 90 and the revenue per share are Rs 9 . P/E = ninety / 9 = 10.
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Which of the following is true about
your "gross" pay?
A. It is the money you make before taxes.
B. It is the money you take home after taxes are taken
out..
C. It is the amount of money you pay in social security
tax.
D. It is the amount of money you pay in federal tax.
Answers
What’s the answer????
Answers
Answer:
Economics is the answer
Suppose a law is passed in Congress limiting the amount of ownership of foreign debt? Based on this we would expect _____.
a. the demand to increase domestically for treasury bonds since foreigners are limited in their purchases
b. the price of treasury bonds will increase
c. the interest rate on treasury bonds will increase
d. the supply of treasury bonds will decrease
Answers
Based on the law passed in Congress limiting the amount of ownership of foreign debt, we would expect: the demand to increase domestically for treasury bonds since foreigners are limited in their purchases. The correct answer is option A
As the foreign demand for treasury bonds decreases due to the limitation on ownership, domestic demand would likely increase as domestic investors look to fill the gap left by the decreased foreign demand. This would result in an increase in the overall demand for treasury bonds domestically.
With foreigners being limited in their purchases, domestic investors would be more inclined to invest in treasury bonds, which would increase the demand for these bonds. An increase in demand for treasury bonds would result in an increase in their price, as buyers would be willing to pay a higher price to secure these bonds.
The interest rate on treasury bonds will decrease. With an increase in the price of treasury bonds, the yield or interest rate on these bonds would decrease. The correct answer is option A.
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On 3/1/X1 Landlord Co. received a $36,000 cash payment from Renter Co. to pay for a total of 17 months, starting in the current month. How much revenue should Landlord Co. recognize in the year ending 12/31/X1? Round your answer to the nearest penny.
(anyone know accounting?)
Answers
Answer:
revenue recognized is $21,176
Explanation:
The computation of the revenue recognized is shown below:
= received amount for 17 months × given months ÷ total number of months
= $36,000 × 10 months ÷ 17 months
= $21,176
The 10 month is calculated from March 1 to December 31
Hence, revenue recognized is $21,176