An epoxy mixer purchased for $3,300 has an estimated salvage value of $500 and expected life of

Fantastic news! We've Found the answer you've been seeking!

Question:

An epoxy mixer purchased for $3,300 has an estimated salvage value of $500 and expected life of 3 years. An average of 25 pounds per month will be processed by the mixer.

a) Calculate the annual equivalent cost of the mixer with an interest rate of 8%

b) Calculate the annual equivalent cost per pound mixed with an interest rate of 12%

Related Book For answer-question

Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

See More Books

Posted Date: Aug 17, 2022 07:05 AM

You have been given the job of building a recommender system for a large online shop that has a stock of over 100,000 items. In this domain the behavior of customers is captured in terms of what...
1. depreciation of $100 per month will be taken on the furniture 2. It is estimated that the store equipment will have a $1000 value at the end of its estimated five-year useful life. Joanne Cardinal...
Calculate the real interest rate per month if the nominal inflation-adjusted interest rate per year, compounded monthly, is 18% and the inflation rate per month is 0.5%.
Two charges are located in the (x, y) plane as shown. The positive a direction is to the right and the positive y direction is upwards. The fields produced by these charges are ob- served at a point...
Derrick Company issues 4,000 restricted shares to its CFO, Dane Yaping, on January 1, 2010. The shares have a fair value of $120,000 on this date. The service period related to these restricted...
Corona Company's balance sheet accounts follow: What is Corona Company's days' sales in inventory ratio for 2014, assuming net sales and gross profit for the period were $1,706,786, $1,122,812...
In an experiment to determine the effect of ambient temperature on the emissions of oxides of nitrogen (NOx) of diesel trucks, 10 trucks were run at temperatures of 40F and 80F. The emissions, in...
The effective capacity and efficiency for the next quarter at MMU Mfg. in Waco, Texas, for each of three departments are shown: Compute the expected production for next quarter for eachdepartment....
Porter's Five Forces: Threat of New Entrants for Airbids with intext citations. can explain Porter's Five Forces framework and how it can be applied to assess the threat of new entrants for a company...
Suppose that TechnoTCL is considering a new project. They are trying to determine the required rate of return for their debt and equity holders. See the information below: A 6 . 5 % ?percent annual...
Identify what threats can occur in a community, the likelihood and severity of specific threats, and vulnerability to various threats.
x + 4x = +4x = 0+4x 02+4x Algebraically determine the coordinates of any points of intersection between the two functions.
Solve for x: Enter answers seperated by a comma. x+12x+32=0 Enter a list of integer or decimal numbers [more..]
The Sarbane-Oxley (SOX) Act introduced several important changes to improve governance and controls, including increased responsibility of the CEO and CFO for personally ensuring the quality of...
1. List at least 5 different marketing opportunities that an organisation might consider when planning new marketing strategies and activities. 2. Explain why you would evaluate these opportunities...
5. Write the Boolean function for the following schematic: A B Da F(A,B)
The system shown in the schematic represents a model two-story building: Take m = 1 104 kg, m = 3 104 kg, k = 4 105 N/m, k = 2 105 N/m a) Derive the equations of motion of the system and represent...
Ask students to outline the reasons why the various elements of culture (social structures and control systems, language and aesthetics, religion and other belief systems, educational systems, etc.)...
On 1 August Selma sold goods to Riaz. Riaz returned some of these goods a week later. In which order will Selma issue documents to Riaz during April? A. Credit note, invoice, statement of account B....
Calculate closing purchases ledger balance Garry has extracted the following information from his books of account at 31 January 2015. What is the figure for closing purchases ledger balances at 31...
Toby owns a small property repair business and has one employee. He has been asked to prepare a quotation to paint a customer's house. Toby adds 25 per cent to the total costs of each job undertaken...
Under atmospheric conditions the acetone-chloroform azeotrope boils at $64.6^{\circ} \mathrm{C}$ and contains 33.5 mole per cent acetone. The vapour pressures of acetone and chloroform at this...
A system was prepared by partially decomposing $\mathrm{CaCO}_{3}$ into an evacuated space. What is the number of degrees of freedom $(f)$ for the system?
Prove that chemical potentials of two phases in equilibrium are equal.

An epoxy mixer purchased for $3,300 has an estimated salvage value of $500 and expected life of

Question:

Expert Answer:

a AW value AF Rate Year Initial cost AP Rate Year Salvage 3300 AP 8 3 500 AF 8 3 3300 x 038803 500 ... View the full answer

Accounting For Cambridge International AS And A Level

Students also viewed these programming questions