The Atlanta Food Bank is a nonprofit organization that receives donations of food and distributes this...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The Atlanta Food Bank is a nonprofit organization that receives donations of food and distributes this food to appropriate charitable organizations. View the additional information. He used this wait time data and the following assumptions to determine the financial benefit of buying a second shrink-wrap machine. View the assumptions. Read the requirements Screenshot 2024-0... Assumptions Q 1 Q - X Cost of new shrink-wrap machine plus installation = $22,000 Average wait time per warehouse picker per day = 60 minutes Number of warehouse pickers = 9 Hourly wage of warehouse personnel = $12.00 Food bank is open 5 days a week, 52 weeks a year, except for 10 holidays Expected useful life of machine = 15 years Expected salvage value = $1,700 Print Done nonprofit organization that receives donations of food and distributes this food to appropriate charitable or - X chine.. Requirements 1. What is the expected net cash inflow per year from purchasing a second shrink-wrap machine (i.e., how much cost could be saved each year by eliminating the wait time)? 2. What is the payback period of the second shrink-wrap machine? Round your answer to two decimal places. cost c 3. What would the expected net cash inflow per year be if the hourly wage rate used for this analysis was increased by 25% to reflect the cost of employee benefits? 4. What is the payback period of the second shrink-wrap machine when the increased wage rate is used to calculate the expected net cash inflow per year? Round your answer to two decimal places. 5. Did the payback period using the increased hourly wage rate increase or decrease as compared to the original payback period using the hourly rate without any benefits included? Explain. Print Done The Atlanta Food Bank is a nonprofit organization that receives donations of food and distributes this food to appropriate charitable organizations. View the additional information. He used this wait time data and the following assumptions to determine the financial benefit of buying a second shrink-wrap machine. View the assumptions. Read the requirements Screenshot 2024-0... Assumptions Q 1 Q - X Cost of new shrink-wrap machine plus installation = $22,000 Average wait time per warehouse picker per day = 60 minutes Number of warehouse pickers = 9 Hourly wage of warehouse personnel = $12.00 Food bank is open 5 days a week, 52 weeks a year, except for 10 holidays Expected useful life of machine = 15 years Expected salvage value = $1,700 Print Done nonprofit organization that receives donations of food and distributes this food to appropriate charitable or - X chine.. Requirements 1. What is the expected net cash inflow per year from purchasing a second shrink-wrap machine (i.e., how much cost could be saved each year by eliminating the wait time)? 2. What is the payback period of the second shrink-wrap machine? Round your answer to two decimal places. cost c 3. What would the expected net cash inflow per year be if the hourly wage rate used for this analysis was increased by 25% to reflect the cost of employee benefits? 4. What is the payback period of the second shrink-wrap machine when the increased wage rate is used to calculate the expected net cash inflow per year? Round your answer to two decimal places. 5. Did the payback period using the increased hourly wage rate increase or decrease as compared to the original payback period using the hourly rate without any benefits included? Explain. Print Done
Expert Answer:
Answer rating: 100% (QA)
Certainly Lets analyze the financial implications of purchasing a second shrinkwrap machine based on ... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The Cleveland Foodbank is a nonprofit organization that receives donations of food and distributes this food to appropriate charitable organizations. Many times, large quantities of food need to be...
-
The Cleveland Foodbank is a nonprofit organization that receives donations of food and distributes this food to appropriate charitable organizations. Many times, large quantities of food need to be...
-
The comparative balance sheets for 2018 and 2017 and the income statement for 2018 are given below for Arduous Company. Additional information from Arduous's accounting records is provided also....
-
If marketing research to determine consumer preferences for hotels was to be conducted in Latin America, how would the research process differ?
-
Over the course of the semester, we covered a clear and effective 10 Step process for developing a strategy as described in the Inspired. Logical. Strategy That Works book. Please bullet point the 10...
-
As is discussed in Section 9.3, the drag on a rough golf ball may be less than that on an equal-sized smooth ball. Does it follow that a \(10-\mathrm{m}\)-diameter spherical water tank resting on a...
-
Chris Moreno seeks your advice on revising the existing bonus plan for division managers of Global Event Group. Assume division managers do not like bearing risk. Moreno is considering three ideas:...
-
Bonita, Inc. decided to implement the activity-based costing approach and was quite successful in its use. However, the controller is wondering if instead of only two activity cost pools, they should...
-
To which of the following factors would you attribute your professional development since last year offsite seminarsclasses specify if selfdirected or required by your supervisor onsite training peer...
-
Former President Donald Trump is facing criminal charges in New York. Conduct some online research to learn more about this trial and its potential implications. Then, answer the following questions:...
-
1. Graph in Excel showing the evolution of Australian Real GDP and Real Wages Growth since 2000 till June 2023. 2. Graphs in Excel for two other variables whose own evolution sheds light on that of...
-
| 4V ISTINYE ISU UNIVERSITY ISTANBUL 180 V 24 V 502 www 21090 3230 Signature: Cuell 1) Determine the maximum power delivered to the variable resistor R shown in the circuit of Figure. 20 www 3 www...
-
Inter-Island Planes have an average round-trip ticket to Boracay price of P8,000 with a standard deviation of P1,500. Its competitor, Island 2 Island Planes has an average price of P9,000 for the...
-
How do you prioritize information in a memo to ensure that the most important points are communicated first? Discuss the use of information hierarchy in guiding the readers attention.
-
Where do you see yourself in 1-3 years?
-
What are current assets and current liabilities? How are they different from non-current assets and non-current liabilities?
-
Mr. Smith wants to buy a car and is deciding between brands A and B. Car A costs \(\$ 20,000\), and Mr. Smith estimates that at the rate he drives he will sell it after 2 years and buy another of the...
-
Consider a continuous-time environment, with \(e\) as a variable outside of the market. (a) Suppose the final payoff is \(V\left(x_{e}, T ight)=x_{e}(T)\). Find \(V\left(x_{e}, t ight)\). (b) Find a...
-
Mr. Jones was considering a new grapefruit venture that would generate a random sequence of yearly cash flows. He asked his son. Gavin, "People tell me I should use a cost of capital figure to...
Study smarter with the SolutionInn App