Calculate the Equipment Cost (Ceq) to run a lathe, if the initial cost of the lathe...
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Calculate the Equipment Cost (Ceq) to run a lathe, if the initial cost of the lathe was $120,000 and the lathe is expected to last for 3 years. Every year you plan to operate 45 weeks, while running the lathe for 120 hours each week. The overhead equipment rate at your facility is .27 (Hint: the answer for this will be in the units of $/minute, so you can round to two decimal places so your answer is in cents .XX) Calculate the Equipment Cost (Ceq) to run a lathe, if the initial cost of the lathe was $120,000 and the lathe is expected to last for 3 years. Every year you plan to operate 45 weeks, while running the lathe for 120 hours each week. The overhead equipment rate at your facility is .27 (Hint: the answer for this will be in the units of $/minute, so you can round to two decimal places so your answer is in cents .XX)
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The depreciation cost and the overhead cost must be taken into account when determining the equipmen... View the full answer
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
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