You are considering purchasing a new production tool that will cost $50,000 to purchase today. Once in use, the tool is anticipated to provide $1850 in positive benefit each year for the next ten years from reduced product defects and material scrap. The tool has a useful life of 10 years and at the end of this time has a salvage value that is 12% of the initial investment. If the MARR for this scenario is 10%, should you invest in the tool? Include in your answer the IRR for this project.

4. the condition requires that only one of the selected criteria be true for a record to be displayed.

Harwood company uses a job-order costing system that applies overhead cost to jobs on the basis of machine-hours. the company's predetermined overhead rate of $2.50 per machine-hour was based on a cost formula that estimates $240,000 of total manufacturing overhead for an estimated activity level of 96,000 machine-hours. required: 1. assume that during the year the company works only 91,000 machine-hours and incurs the following costs in the manufacturing overhead and work in process accounts: compute the amount of overhead cost that would be applied to work in process for the year and make the entry in your t-accounts. 2a. compute the amount of underapplied or overapplied overhead for the year and show the balance in your manufacturing overhead t-account. 2b. prepare a journal entry to close the company's underapplied or overapplied overhead to cost of goods sold.

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest