Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

About 1.2 million additional advanced robots are expected to be deployed in the U.S. by 2025, Boston Consulting Group says. Four industries will lead the

"About 1.2 million additional advanced robots are expected to be deployed in the U.S. by 2025, Boston Consulting Group says. Four industries will lead the shift computer and electronics products; electrical equipment and appliances; transportation; and machinery largely because more of their tasks can be automated and they deliver the biggest cost savings." (Davidson, Paul. More robots coming to U.S. factories USA TODAY, February 9, 2015)

The systems (Robot X and Robot Y) shown below are under consideration for an improvement to an automated packaging process. Determine which should be selected on the basis of an Annual Worth Analysis using an interest rate of 10% per year.

Robot X

Robot Y

First cost, $

250,000

155,000

Annual cost, $/year

4,000

3,000

Salvage value, $

40,000

25,000

Life, years

3

2

**The answers presented below were calculated using the appropriate factors from interest tables including all their decimal places**

Question 1 options:

Select Robot Y with AWy= $-80,405

Select Robot X with AWx= $-74,405

Select Robot X with AWx= $-92,443

Select Robot Y with AWy= $-84,443

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Evolution Of Audit Thought And Practice

Authors: T. A. Lee

1st Edition

0367502097, 978-0367502096

More Books

Students also viewed these Accounting questions

Question

Analyse the various techniques of training and learning.

Answered: 1 week ago