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Harrizon [31]
2 years ago
12

The purchase price of a natural gas-fired commercial boiler (capacity X) was $181,000 eight years ago. Another boiler of the sam

e basic design, except with capacity 1.42X, is currently being considered for purchase. If it is purchased, some optional features presently costing $28,000 would be added for your application. If the cost index was 162 for this type of equipment when the capacity X boiler was purchased and is 221 now, and the applicable cost capacity factor is 0.8, what is your estimate of the purchase price for the new boiler
Business
1 answer:
gtnhenbr [62]2 years ago
6 0

Answer:

$308,500.85

Explanation:

$181,000 eight years ago in real dollars was $181,000 / 162 = $111,728.40

new boiler with a 1.42X capacity x capacity factor = 1.42 x 0.8 = 1.136 (the price of the new boiler is 1.136 times the old boiler)

current price of the new boiler in real dollars = 1.136 x $111,728.40 = $126,923.46

real dollars converted to current nominal dollars = $126,923.46 x 2.21 = $280,500.85

price of the new boiler + additional optional features = $280,500.85 + $28,000 = $308,500.85

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If manufacturing overhead has been underallocated during the period, then which of the following is true?(a) the jobs produced d
Alecsey [184]

Answer:

The correct answer is B: the jobs produced during the period have been under-costed

Explanation:

Giving the following information:

If manufacturing overhead has been under-allocated during the period, then which of the following is true?

(a) the jobs produced during the period have been over-costed

(b) the jobs produced during the period have been under-costed

(c) the jobs produced during the period have been costed correctly

(d) none of the above

When manufacturing overhead has been under-allocated means that the actual costs incurred where superior that the estimated cost for the period.

7 0
2 years ago
Individual employees have little influence over ethical expectations and behavior.a. Trueb. False
Oksana_A [137]

Answer:

False.

Explanation:

In Business management, it is very important, essential and necessary that the top executives or management of an organization design, develop and establish a set of ethical codes, principles, laws, rules, regulations and standards that serve as guidelines, procedures and moral compass to all the employees working in an organization. These set of rules help the employees to understand what is acceptable or allowed while working with the company, as well as understanding the difference between right and wrong behaviors in their actions and decision-making.

Hence, individual employees do not have any influence over ethical expectations and behavior because it is out of their control and are primarily being defined by the top executives or management of the company.

5 0
2 years ago
Segments of business's macroenvironment include all of the following except a. the economic environment. b. the social environme
fgiga [73]

Answer:

d. the natural environment.

Explanation:

There are two business environment

The first one is microenvironment and the other one is the macro environment

The microenvironment refers to that environment that covers the business functions with respect to the general public, customers, competitors, employees, etc

While the macro environment refers to that environment that affects the business functions or its workings

It can be in various ways like

1. Political & legal  

3. Social

4. Technological

5. Demographic

6. Economical

6 0
2 years ago
An important __________ for Medtronic's Micra pacemaker is its unmatched small size, about the size of a vitamin capsule, which
Keith_Richards [23]

Answer:

point of difference

Explanation:

From the question we were told that , "An important point of difference for Medtronic's Micra pacemaker is its unmatched small size, about the size of a vitamin capsule, that gives room for implantation directly into the heart without invasive surgery or the need for electrical leads.

This point of difference that Medtronic's Micra pacemaker has that ,make his vitamins available for implantation directly to the heart without surgery, is as a result of point of difference in a company gives a differentiation between him/her and his/her others organization or business offering the same services.

8 0
2 years ago
If a petty cash fund is established in the amount of $200, and contains $119 in cash and $84 in receipts for disbursements when
Andrej [43]

Answer:

The correct option is C

Explanation:

The journal entry which is to be passed in order to replenished the account is as:

Petty Cash A/c..................................Dr      $84

   Cash A/c...............................................Cr      $81

   Cash Over and Short A/c..................Cr     $3

In order to replenish the account of petty cash, the account of expense (name of expense is not given, so petty cash account) is debited. Therefore, the petty cash is debited. The cash account is credited and the excess or over (which is $3 that is $200 - [$119 + $84 = $203] ) is replenished by crediting the account.

8 0
2 years ago
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