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a) An 80-kW diesel electric genset cost RM200,000.00 was purchased in 2014. The cost- capacity factor for the set is 0.7. In this year, the

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a) An 80-kW diesel electric genset cost RM200,000.00 was purchased in 2014. The cost- capacity factor for the set is 0.7. In this year, the plant engineer is considering a 120-kW unit of the same general design to power a small isolated plant. A compressor costs RM25,000.00 will be added (once, and estimated separately) to the new genset. Determine the total cost of the 120-kW unit if the equipment cost index of each year for this equipment is as in Table 1 Year 2014 2015 2016 Index 210 230 245 Year 2017 2018 2019 Index 264 277 280 Table 1: Cost Index for the Equipment for Year 2014 - 2019 (10 Marks) b) You have been asked to estimate the per unit selling price of a new line of clothing. Past experience has shown that an 85% learning curve applies to the labor required for producing these items. The time to complete the first item has been estimated to be 2 hours. Use the estimated time to complete the 50 item as your standard time to estimate the unit selling price (1 unit), based on the following data: Direct labor rate : RM25.00 per hour Production material :RM300.00 per 100 unit Factory overhead : 130% of direct labor (per unit) Packing costs 85% of direct labor (per unit) Desired profit : 30% of total manufacturing cost (per unit) . c) In economy studies, there is a relationship between profit, revenue, and total cost. Illustrate the relationship between profit, revenue, and total cost in ONE graph. Label clearly all following points on the graph: area in the graph that generate profit, breakeven points that start generating profit (D'), and start losing profit (D>'), number of demands that generates highest profit (D). (5 Marks) [COL, POIWK4] a) Your company wishes to have a total saving of RM5320.00 seven years from now in the bank account. In order to achieve the goal, what amount should be deposited now if the compound interest rate i = 15%? Draw a cashflow of this problem. (4 Marks) b) You have performed seven annual deposits of RM480.72 each in your personal account, how much money has accumulated immediately after the last deposit with compound interest rate of i= 15%? Provide a cashflow of this problem. (4 Marks) c) What is the size of seven equal annual payments to repay a loan of RM2000.00 if the compound interest rate, i = 15%? Draw a cashflow of this problem from a view of borrower (4 Marks) d) Company A has a RM200,000.00 loan for a new manufacturing machine it just bought. This loan is contracted to be paid off for 20 years, with compound interest rate of 10% per year. However, the company decides that they can afford to pay RM30,000.00 per year. By referring to Table 2 in Appendix 2 or by using the formula, i) Calculate the annual amount that the company supposed to pay for those 20 years. (Info: This is original payment plan) (5 Marks) ii) If the company decides to change the total number of years to repay the loan, how many years will be taken for the loan to be paid off, considering the annual RM30,000.00 payment afforded by the company (using the same interest rate). (Info: This is new payment plan) (5 Marks) 111) Calculate the difference of total interest paid between original payment plan (case in i)) and new payment plan (case in ii)) for this loan. Give a comment on those differences. (3 Marks) (CO2. PO11. WP21 a) An 80-kW diesel electric genset cost RM200,000.00 was purchased in 2014. The cost- capacity factor for the set is 0.7. In this year, the plant engineer is considering a 120-kW unit of the same general design to power a small isolated plant. A compressor costs RM25,000.00 will be added (once, and estimated separately) to the new genset. Determine the total cost of the 120-kW unit if the equipment cost index of each year for this equipment is as in Table 1 Year 2014 2015 2016 Index 210 230 245 Year 2017 2018 2019 Index 264 277 280 Table 1: Cost Index for the Equipment for Year 2014 - 2019 (10 Marks) b) You have been asked to estimate the per unit selling price of a new line of clothing. Past experience has shown that an 85% learning curve applies to the labor required for producing these items. The time to complete the first item has been estimated to be 2 hours. Use the estimated time to complete the 50 item as your standard time to estimate the unit selling price (1 unit), based on the following data: Direct labor rate : RM25.00 per hour Production material :RM300.00 per 100 unit Factory overhead : 130% of direct labor (per unit) Packing costs 85% of direct labor (per unit) Desired profit : 30% of total manufacturing cost (per unit) . c) In economy studies, there is a relationship between profit, revenue, and total cost. Illustrate the relationship between profit, revenue, and total cost in ONE graph. Label clearly all following points on the graph: area in the graph that generate profit, breakeven points that start generating profit (D'), and start losing profit (D>'), number of demands that generates highest profit (D). (5 Marks) [COL, POIWK4] a) Your company wishes to have a total saving of RM5320.00 seven years from now in the bank account. In order to achieve the goal, what amount should be deposited now if the compound interest rate i = 15%? Draw a cashflow of this problem. (4 Marks) b) You have performed seven annual deposits of RM480.72 each in your personal account, how much money has accumulated immediately after the last deposit with compound interest rate of i= 15%? Provide a cashflow of this problem. (4 Marks) c) What is the size of seven equal annual payments to repay a loan of RM2000.00 if the compound interest rate, i = 15%? Draw a cashflow of this problem from a view of borrower (4 Marks) d) Company A has a RM200,000.00 loan for a new manufacturing machine it just bought. This loan is contracted to be paid off for 20 years, with compound interest rate of 10% per year. However, the company decides that they can afford to pay RM30,000.00 per year. By referring to Table 2 in Appendix 2 or by using the formula, i) Calculate the annual amount that the company supposed to pay for those 20 years. (Info: This is original payment plan) (5 Marks) ii) If the company decides to change the total number of years to repay the loan, how many years will be taken for the loan to be paid off, considering the annual RM30,000.00 payment afforded by the company (using the same interest rate). (Info: This is new payment plan) (5 Marks) 111) Calculate the difference of total interest paid between original payment plan (case in i)) and new payment plan (case in ii)) for this loan. Give a comment on those differences. (3 Marks) (CO2. PO11. WP21

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