The equipment cost for a laboratory that plans to specialize in analyzing for endocrine disruptors, pharmaceuticals, and personal care products is $920,000. If the direct cost factor is 1.54 and the indirect cost factor is 0.49 (applied to equipment only), determine the expected cost of the laboratory.
The equipment cost for a laboratory that plans to specialize in analyzing for endocrine disruptors, pharmaceuticals, and personal care products is $920,000. If the direct cost factor is 1.54 and the indirect cost factor is 0.49 (applied to equipment only), determine the expected cost of the laboratory.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The equipment cost for a laboratory that plans to specialize in analyzing for endocrine disruptors, pharmaceuticals, and personal care products is $920,000. If the direct cost factor is 1.54 and the indirect cost factor is 0.49 (applied to equipment only), determine the expected cost of the laboratory.
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