The delivered equipment cost for a fully equipped CNC machining system is $1.6 million. The direct cost
Question:
The delivered equipment cost for a fully equipped CNC machining system is $1.6 million. The direct cost factor is 1.52 and the indirect cost factor is 0.31. Estimate the total plant cost if the indirect cost factor applies to
(a) The delivered equipment cost only,
(b) The total direct cost.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
a h 1 152 031 283 C ...View the full answer
Answered By
Akshay Agarwal
I am a Post-Graduate with a specialization in Finance. I have been working in the Consulting industry for the past 8 years with a focus on the Corporate and Investment Banking domain. Additionally, I have been involved in supporting student across the globe in their academic assignments and always strive to provide high quality support in a timely manner. My notable achievements in the academic field includes serving more than 10,000 clients across geographies on various courses including Accountancy, Finance, Management among other subjects. I always strive to serve my clients in the best possible way ensuring high quality and well explained solutions, which ensures high grades for the students along-with ensuring complete understanding of the subject matter for them. Further, I also believe in making myself available to the students for any follow-ups and ensures complete support and cooperation throughout the project cycle. My passion in the academic field coupled with my educational qualification and industry experience has proved to be instrumental in my success and has helped me stand out of the rest. Looking forward to have a fruitful experience and a cordial working relationship.
5.00+
179+ Reviews
294+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The delivered equipment cost for setting up a production and assembly line for two-way floating ball valves is $650,000. If the direct cost and indirect cost factors are 1.82 and 0.31, respectively,...
-
During a major expansion in 2004, Douwallas Import Company developed a new processing line for which the delivered equipment cost was $1.75 million. This year, the board of directors decided to...
-
Esk Ltd. (Esk) recently purchased a fully equipped restaurant at an auction for $500,000. The restaurant included all the equipment, furniture, and fixtures. The building itself is rented. Now Esk...
-
Amie, Inc., has 100,000 shares of $2 par value stock outstanding. Prairie Corporation acquired 30,000 of Amie's shares on January 1, 2015, for $120,000 when Amie's net assets had a total fair value...
-
FASB ASC 320 (generally effective until 2018) requires companies to assign their portfolio of investment securities into 1. Trading securities 2. Securities available for sale 3. Heldtomaturity...
-
Three years ago, Julianne invested $7,580.00. She has earned and will earn compound interest of 2.00 percent per year. In one year from today, Teresa can make an investment and earn simple interest...
-
With reference to Example 4. (a) verify the calculation of the tolerance bound \(L\); (b) if the confidence is decreased to \(90 \%\), calculate the new tolerance bound (use \(K=2.010)\) (c) check...
-
At the end of the current year, $12,300 of fees have been earned but have not been billed to clients. a. Journalize the adjusting entry to record the accrued fees. b. If the cash basis rather than...
-
10.) How many iterations will the following loop execute? int intIndex = 100; while (int Index < 10) Console.WriteLine ("hello"); int Index += 1;
-
A block diagram for internal model control, a control technique that is considered in Chapter, is shown in Figure. Transfer function Gp denotes the process model, while Gp, denotes the actual process...
-
Suppose your best friend is about to hire someone to work in his or her company. List at least three other tips that will enable him or her to avoid making a hiring mistake.
-
Are the issues that Carla and Tricia Staible face concerning management succession in the family business unusual? Explain.
-
Reconsider Prob. 376. Using EES (or other) software, investigate the effect of the thickness of the insulation on the rate of heat loss from the steam and the temperature drop across the insulation...
-
The Topic is: The effect of the corona virus on long-term care facilities. Discuss how this current issue relates to Life Span Psychology. Provide a deeper understanding of the topic in about ONE...
-
What is worse for the world economy: Inflation or recession? Explain how central banks might seek to combat inflation.
-
Incresase employee performance, your manager thinks it is an excellent idea to have music plaing in the background while your team carry out their duties. With reference to Herzberg's two-factor...
-
reflect on your experiences working in a team for this subject's group assignment. With reference to Tuckman's model, identify and discuss two challenges to team development you experienced. Explain...
-
Course: Tour packaging and operations Overland tours can be long road trips using vehicles that can be relied on usually for a maximum number of 20 passengers, often termed expedition tours. The main...
-
1. Should the Learning & Growth team sever its relationship with Balanced Scorecard Systems before the new CEO presents the new BSC plan? Develop a Pro/Con response that the Learning & Growth team...
-
A consumer magazine is evaluating five brands of trash compactors for their effectiveness in reducing the volume of typical household products that are discarded. In the experiment, each block...
-
Should marketing managers leave it to the accountants to develop reports that the marketing manager will use to improve implementation and control? Why or why not?
-
Various breakdowns can be used for sales analysis depending on the nature of the company and its products. Describe a situation (one for each) where each of the fol lowing brea k downs would yield...
-
Distinguish between a sales analysis and a performance analysis.
-
Dollar-Value LIFO On January 1, 2018, Sato Company adopted the dollar-value LIFO method of inventory costing. Sato's ending inventory records appear as follows: Year Current Cost Index 2018 $31,600...
-
How many standards are included in the ELP accreditation standards? What stands out to you about the different areas? What are the topic areas under administration and leadership? What are the...
-
What is performance management systems? Do the companies where you (or others you know) have worked used performance management systems rather than performance appraisal systems? If yes, what kind of...
Study smarter with the SolutionInn App