A forklift accident is the most common incident.
Answer:
A deposit of 36,922.02 dollars will be equivalent to the series of emergencies deposits of 2,000 starting today.
Explanation:
we need to know the future value of the emergencies deposit and then, calculate which lump sum can generate the same amount. As the deposit are done at the beginning It will be an annuity-due:
C 2,000
time 36 (3 years x 12 months per year)
rate 0.045
FV $180,082.6885
Now we calculate the lump sum which yield this amount as well:
Maturity $180,082.6885
time 36.00
rate 0.045
PV 36,922.02
Answer:
Standard
Explanation:
The committee wants Ford to establish emission control standard.
Emission standard is a legal requirement that governs all forms of air pollutants which are released by a company's product into the atmosphere. Quantitative limits are set on specific air pollutants that have permission to be released at specific time periods.
Answer:
The amount that should be deposited today is $33254.58
Explanation:
The deposit should be such that the future value of the deposit made today and at the end of year 2 should be equal to $50000 after 5 years. Let the deposit made today be x. The equation for the future value will be,
50000 = x * (1+0.045)^5 + 7500 * (1+0.045)^3
50000 = x * (1.045)^5 + 8558.745938
50000 - 8558.745938 = x * (1.045)^5
41441.25406 / (1.045)^5 = x
x = $33254.57769 rounded off to $33254.58
Answer:
Order size= $57.61 per machine hour
Explanation:
Giving the following information:
Order size:
Estimated total overhead= $581,866
Estimated total machine hours= 10,100
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Order size= 581,866 / 10,100
Order size= $57.61 per machine hour