Problem 7Illustrate which of the following sentences is true or false:a. Under the tax system of the U.S., an owner can reduce his company's taxburden.b. Capacity in construction contracts means that at least one of the parties mustbe of sufficient age to enter into a contract.c. Equipment costs rank second to labor cost in terms of uncertainty.d. The optimum moisture content is the percent of water, at a given compactioneffort, which corresponds to the maximum void ratio of the soil.e. In situ is a term that refers to soil in its original or undisturbed condition.f. Diesel engines have longer service lives than gasoline engines.g. A bulldozer has no set volumetric capacity.h. Nuclear compaction test is nondestructive in that it does not require theremoval of soil samples from the site of the tests.i. Hydraulic front shovels are used primarily to excavate above the naturalsurface of the ground.j. Regardless of how much a machine is used, the owner must pay owning cost.k. Construction contracts must contain four legal items to be valid: agreement,consideration, capacity and legality.1. Equipment Cost = Ownership Cost + Operating Cost.Problem 8Fill in the blanks1. List two general types of construction contracts:-----,----2. In addition to purchase, equipment may be employed by the following twomeans:--3. Name four types of soil:----4. ASTM stands for:--5. Dozers are mainly classified into two types:-------,------6.--- is the key to the utility of many excavators.ProblemA contractor is considering the following three alternatives:a. Purchase a new microcomputer system for $15,000. The system is expected6 years with salvage value of $1,000.b. Lease a new microcomputer system for $3,000 per year, payable in advance. Thesystem should last 6 years.c. Purchase a used microcomputer system for $8,200. It is expected to last 3 yearswith no salvage value.Use a common-multiple-of-lives approach. If MARR of 8% is used, whichalternative should be selected using a discounted present worth analysis? If theMARR is 12%, which alternate should be selected?last

Note: Since we only answer up to 3 sub-parts, we'll answer the first 3. Please resubmit the question…

Problem 7 Illustrate which of the following sentences is true or false: a. Under the tax system of the U.S., an owner can reduce his compa burden. b. Capacity in construction contracts means that at least one of the par be of sufficient age to enter into a contract. c. Equipment costs rank second to labor cost in terms of uncertainty.

Problem 7 Illustrate which of the following sentences is true or false: a. Under the tax system of the U.S., an owner can reduce his compa burden. b. Capacity in construction contracts means that at least one of the par be of sufficient age to enter into a contract. c. Equipment costs rank second to labor cost in terms of uncertainty.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

14. NorthStar Manufacturing has a large sign posted in the firm's parking area that keeps count of the number of days since the last accident in the firm. Currently, the number stands at 150. The count is changed every day in somewhat of a "ceremony," and when 50 days go by without an accident, the firm provides a free lunch to all employees. Posters throughout the plant remind workers to wear protective clothing including earplugs, safety hats and glasses, and hard-toed shoes. NorthStar works hard to maintain a a) stable culture. b) safety culture. c) person-oriented culture. d) service culture.
(Use an excel sheet to show formulas used)
3. Normal Loss - FIFO The Nasiraan Manufacturing operates two consecutive producing departments, A and B. Th following quantity data are on Dep't A's production in March: WIP, beg Placed in Process 5,000 units, 1/5 done 50,000 units WIP, end 3,000 units, 2/3 done TIC Transferred out 49,500 Compute for the equivalent units of production under each of the following independer assumptions using FIFO costing: [a] Loss occurs at the beginning of the process: [b] Loss occu during process; [c] Loss is occurs when goods are ½ done; [d] loss occurs at the end of proces 4. Abnormal Loss - Average The Loosan Manufacturing reported the quantity data from its operations for January: WIP, beg 7,500 units, 1/4 complete Placed in Process 75,000 units WIP, end 4,500 units, 2/5 complete Transferred out Compute for the equivalent units of production under each of the following independer assumptions using Average costing: [a] Loss occurs at the beginning of the process; [b] Lo occurs during process; [c]…
degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. Management has forecast demand for the next four years as follows: Plastic 90 Plastic 180 Plastic 360 Bronze 90 Bronze 180 Bronze 360 1 (IN 000s) 33 15 46 4 5 7 Plastic Demand for plastic sprinklers Percentage of capacity used Machine requirements Labor requirements Bronze YEARLY DEMAND 2 (IN 000s) 45 16 55 9 5 11 Both production lines can produce all the different types of nozzles. The bronze machines needed for the bronze sprinklers require three operators and can produce up to 11,000 sprinklers. The plastic injection molding machine needed for the plastic sprinklers requires three operators and can produce up to 180,000 sprinklers. Three bronze machines and only one injection molding machine are available. Demand for bronze sprinklers Percentage of capacity used Machine requirements Labor requirements What are the capacity requirements for the next four years? (Assume that there is no…
3. Bolufsen Resort has 40,000 rooms available each year. Operational figures for the years between 2000 and 2003 are shown in the following table: Years 2000 2001 2002 2003 Occupancy #of Rooms Sold Percent (Occ.%) 26,400 26,000 27,200 26,800 66.00 65.00 68.00 67.00 Average Daily Rate (ADR) ($) 80.00 82.00 90.00 88.00 Room Revenue 2,112,000 2,132,000 2,448,000 2,358,400 Based on the operational data, budget the room revenue for Bolufsen Resort for 2004?
M6
Please do not give solution in image format thanku
MODULE 8-US 244472 ASSIGNMENT 1: Classroom Design and Revamp 0800 eduexperts This is a fictitious project. You need not implement your research. Collect all the relevant information and compile a proposal for revamping your classroom. In a previous Module we dreamed about a classroom. Opportunity: Goal: Requirements: Now you will be able to fictitiously (mock-up) revamp it. Work out a budget to revamp your class. Paint the walls, redo the flooring, design organisational storage for your class. To do: Have a meeting with your principal. Ask written permission to revamp your classroom. Remember this need not happen in real life but the relevant documentation should be added (meeting & permission letter). 2. Get the necessary measurements and quotations for the work to be done. (Measurement: floor and wall space, as well as shelving space) 3. Compile a supplies requirement list. 4. Add paint and flooring samples and a written report (handwritten or typed) on your objectives and goals. 5.…
41. A manager is going to purchase new processing equipment and must decide on the number of spare parts to order with the new equipment. The spares cost $200 each, and any unused spares will have an expected salvage value of $50 each. The probability of usage can be described by this distribution: Number 0 1 2 3 Probability .10 .50 .25 .15 If a part fails and a spare is not available, two days will be needed to obtain a replacement and install it. The cost for idle equipment is $500 per day. What quantity of spares should be ordered? Page 553 a. Use the ratio method. b. Use the tabular method (see Table 12.3).
4. The partially completed MPS for a product is given below. Item: Ball bearings Order Policy: 500 units Lead Time: 1 week Week Quantity on Hand: 5 6 7 400 3 4 8 10 Forecast 550 300 400 450 300 350 200 300 450 400 Customer orders 300 350 250 250 200 150 100 100 100 100 (booked) Projected on-hand inventory MPS quantity 500 MPS start Available-to- promise (ATP) inventory a. Develop the MPS for the product. b. Four customer orders arrived in the following sequence. As they arrive, you must decide whether to accept or reject them. Which orders would you accept for shipment? Why?
Please do not give solution in image format thanku
The industry in which Morton Company operates is quite sensitive to cyclical movements in the economy. Thus, profits vary considerably from year to year according to general economic conditions. The company has a large amount of unused capacity and is studying ways of improving profits. Required: 1. New equipment has come onto the market that would allow Morton Company to automate a portion of its operations. Variable expenses would be reduced by $8.70 per unit. However, fixed expenses would increase to a total of $642,060 each month. Prepare two contribution format income statements, one showing present operations and one showing how operations would appear if the new equipment is purchased. 2. Refer to the income statements in (1). For the present operations and the proposed new operations, compute (a) the degree of operating leverage, (b) the break-even point in dollar sales, and (c) the margin of safety in dollars and the margin of safety percentage. 3. Refer again to the data in…