1AB Jackson Industries installed a compressor and pump system in 2013 at a cost of $91.950 If the FRED equipment cost index appliWhat will be the estimated cost for a similar system when the index value in 284 87TABLE 15-3Samples of Annual Cost Index ValuesFRED IndustrialFRED Consumer PriceIndex (CPI)Production: Total CE Plant Cost IndexIndex (INDPRO)(CEPCI)FRED Pumps.Compressors, andEquipment IndexYear(1982-84-100) (2017-100) (1957-59-100) (Dec. 1982-100)2013233.099.3567.3235.22014236.7102.3576.124052015237.0100.9556.8244 B2016240.098.7541.724702017245.1100.0567.5251.52018251.1103.2603.1259.92019255.7102.3607.5266.42020258.894.9596.2269.82021280.13101.7708.0291.72022 (est.)296.28104.8833.3326.8me cost for a similar system when the index value is 284.8 is determined to be $_mole number.)(Round the final answer to the nearest

To find the updated cost of a system based on a change in an index value, we use the following…

Answered: 1 AB Jackson Industries installed a…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Cost Flow Relationships The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils: Sales $792,000 Gross profit 462,000 Cost of goods manufactured 396,000 Indirect labor 171,600 Factory depreciation 26,400 Materials purchased 244,200 Total manufacturing costs for the period 455,400 Materials inventory, ending 33,000 Using the above information, determine the following missing amounts: a. Cost of goods sold $330,000 b. Finished goods inventory at the end of the month 66,000 c. Direct materials cost 211,200 d. Direct labor cost e. Work in process inventory at the end of the month
Inventory Costing Methods—Periodic MethodThe Luann Company uses the periodic inventory system. The following July data are for an item in Luann's inventory: July 1 Beginning inventory 30 units @ $9 per unit 10 Purchased 50 units @ $11 per unit 15 Sold 60 units 26 Purchased 25 units @ $13 per unit Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Note: Round your cost per unit to three decimal places, if needed. Then round your final answers to the nearest dollar. A. First-in, First-out: Ending Inventory Answer Cost of Goods Sold: Answer B. Last-in, first-out: Ending Inventory Answer Cost of Goods Sold: Answer C. Weighted-average cost: Ending Inventory Answer Cost of Goods Sold Answer
I leave a like on all sections for your assistance, thank you.WATER TREATMENT PLANT PROCESS COSTSInformation: (Please see the attached image depicting the schematics + Text) The results obtained from the four operating modes showed that the hardness decreased by 4.7% when both processes were in operation (i.e., sludge recirculation and aeration). When only sludge was recirculated, the reduction was 3.8%. There was no reduction due to aeration only, or when there was neither aeration nor recirculation. For turbidity, the reduction was 28% when both recirculation and aeration were used. The reduction was 18% when neither aeration nor recirculation was used. The reduction was also 18% when aeration alone was used, which means that aeration alone was of no benefit for turbidity reduction. With sludge recirculation alone, the turbidity reduction was only 6%, meaning that sludge recirculation alone actually resulted in an increase in turbidity-the difference between 18% and 6%. Since…
A firm has the following cost curves: Q MC VC FC TC AVC ATC 0 --- 0 30 30 --- --- 112 2 22 26 3207214 4 72 25.5 55015224.4 a) Fill in the blanks.
Economic Dispatch Question It is required to investigate the economic dispatch of three power plants located in the western part of Victoria. The total load (PD) to be supplied by those power plants is 1500 MW. Assume the cost functions and the generation limits for these power plants are as follows. 350+ 4.2 P₁ + 0.006 P² 600 + 3.1 P₂ + 0.004 P² 500+ 4.2 P3 +0.007 P3 a) b) c) Plant 1: C₁ Plant 2: C₂ Plant 3: C3 = = = 150 ≤ P₁ ≤ 550 350 ≤ P₂ ≤ 700 120 ≤P3 ≤ 400 If the total load is shared among the three power plants equally, what is power generation of each power plant and what is the total operating cost in $/hr in this case. Find the optimal (economic) dispatch of each plant, the incremental operating cost 1, and the total operation cost in $/hr. (You don't need to use the iteration method). If it is expected that those power plant will operate in average 18 hrs a day, how much saving in cost if the economic dispatch operation with shared power operation (in part a).
Craigsburg enterprises has a fixed cost of 10,000. It’s variable costs are shown in the table below. These costs remain unchanged as market prices change over the next few years:
Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (10,900 units at $225 each) Variable costs (10,900 units at $180 each) Contribution margin Fixed costs $ 2,452,500 1,962,000 490,500 387,000 Income $ 103,500 Exercise 18-12 (Algo) Target income and margin of safety LO C2 1. Assume Hudson has a target income of $159,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.) 1. Amount of sales 2. Margin of safety %
D.1.
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lamps: Lampshares Brass posts Straight-line depreciation Supervisors salaries Utilities Total N 100 500 600 1,800 200 N 3,200 b. What was the cost per lamp? For each component of the lamp? What type of cost behaviour would each of the costs exhibit? If Wally Company produces 300 lamps this month, would you expect the cost per lamp to increase or decrease? Why?
Complete the inventory table by calculating the total cost of purchases, the goods available for sale, the cost of the goods available for sale, and the ending inventory. Date of purchase Beginning inventory Units Cost per purchased unit 41 $830 Total cost Retail price Total retail per unit value $975
A firm wishes to determine the efficiency and utilization of a work center composedof 5 machines each working 16 hours per day for 5 days a week. A study undertakenby the materials management department found that over the past 50 weeks the workcenter was actually working for 16,000 hours, and work performed was 15,200 standard hours. Calculate the utilization, efficiency, and demonstrated weekly capacity.

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