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Sophie [7]
2 years ago
8

The Hendersons have just bought a home that requires some monthly yard maintenance. They are trying to decide if they should hir

e a professional lawn care service to maintain the property or do it themselves. Below are the costs associated with both options: Professional Service Option Do-It-Yourself Option $75 for the first month $250 lawnmower $45 per month after initial visit $135 edger Includes mowing and edging the lawn, trimming the bushes, and raking the leaves. $69 hedge trimmer $25 rake How long would it take before the Hendersons would recover their costs if they chose to do it themselves over the professional service
Business
2 answers:
GenaCL600 [577]2 years ago
7 0

Answer:

10 MONTHS

Explanation:

max2010maxim [7]2 years ago
5 0

Answer: 10 months

Explanation:

It would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.

Here is how;

Doing it themselves would cost -

$250 - For a lawnmower

$135 - For an edger

$69 - For a hedge trimmer

$25 - For a rake

Summing these up gives $479

It would cost the Hendersons $479 to purchase equipments to carry out their monthly yard maintenance themselves.

On the other hand, if they were to hire a professional service, it would cost

• $75 for the first month and

• $45 for subsequent months

So, $45 * 9months = $405

$405 + $75 (for the initial month) = $480

Comparing the $480 for a professional to the $479 it would cost to purchase equipment and do it themselves, it would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.

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Neither your self serving bias nor constructs nor ethnocentrism nor stereotypes. None of the stated

3 0
2 years ago
What is the payback period of a project with average annual cash outflows of $8,000, average annual cash inflows of $10,000 and
blsea [12.9K]

Answer:

It will take 3 years and 219 days to cover for the initial investment.

Explanation:

Giving the following information:

Annual cash flow= 13,000 - 8,000= $5,000

Initital investment= $13,000

<u>The payback period is the time required to cover for the initial investment:</u>

Year 1= 5,000 - 13,000= -8,000

Year 2= 5,000 - 8,000= -3,000

Year 3= 5,000 - 3,000= 2,000

<u>To be more accurate:</u>

(3,000/5,000)*365= 219 days

It will take 3 years and 219 days to cover for the initial investment.

6 0
2 years ago
The Swiss Clock Shop manufactures clocks on a highly automated assembly line. Its costing system uses two cost categories, direc
Georgia [21]

Answer and Explanation:

The computation of the equivalent units for direct material and conversion cost is shown below:

                  Physical units         Direct Materials        Conversion Cost

Beginning

Work in process

100% and 50%  250

Units Started         800

Total Units

Under process  1,050

Less : Ending

Work in process      150

Units Transferred

to TestingDepartment  900          900                            900                  

Ending Work in process 150          150                             112.50

(100% and 75%)

Equivalent units ofproduction 1,050   1,050                    1,012.50

7 0
2 years ago
Piper​ Corporation, which manufactures dog​ toys, is developing direct labor standards. The basic direct labor rate is $ 12.68$1
NeTakaya

Answer:

option (D) $21.66

Explanation:

Data provided in the question:

Basic direct labor rate per hour = $12.68

Payroll taxes = 13​% of basic direct labor​ rate

Fringe benefits per hour = $7.33

Now,

The standard rate per direct labor​ hour

= Basic direct labor rate per hour + Payroll taxes + Fringe benefits per hour

= $12.68 + ( 13% of $12.68 ) + $7.33

= $12.68 + $1.6484 + $7.33

= $21.6584 or $21.66

Hence,

The correct answer is option (D) $21.66

4 0
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Answer:

Throughout the clarification segment elsewhere here, the definition including its issue is mentioned.

Explanation:

  • The very first e-mailed submission from Altisource that doesn't even dispute Lucas' suggestion would have been the proposal which most definitely meets the part of the arrangement to create a contract. It is when Altisource's e-mail was approved that they committed to it. Today, if a new arrangement with added provisions is presented two days after ratification, it can not be accepted as an aspect of the binding agreement.
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5 0
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