View Policies Show Attempt History Current Attempt in Progress Michelin is considering going "lights-out" in the mixing area of the business that operates 24/7. Currently personnel with a loaded cost of $620,000 per year are used to manually weigh real rubber, synthetic rubber carbon black, oils and other components prior to manual insertion in a Banbary mixer that provides a homogeneous blend of rubber for making tires (rubber products). New technology is available that has the reliability and consistency desired to equal or exceed the quality of blend now achieved manually. It requires an investment of $2.450,000, with $105,000 per year operational costs and will replace all the manual effort described above. The planning horizon is 8 years, and there will be a $310,000 salvage value at that time for the new technology Marginal taxes are 25%, and the after-tax MARR is 10% Click here to access the TVM Factor Table Calculator Click here to access the MACRS-GDS table, Parta X Your answer is incorrect Determine the annual cost of purchasing the new technology, 5 620000 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is t50, Save for later Attempts: 1 of 3 used Submit Answer Part! The parts of this question must be completed in order. This part will be available when you complete the part above $ & % 5 6 7 8 View Policies Show Attempt History Current Attempt in Progress Michelin is considering going "lights-out" in the mixing area of the business that operates 24/7. Currently personnel with a loaded cost of $620,000 per year are used to manually weigh real rubber, synthetic rubber carbon black, oils and other components prior to manual insertion in a Banbary mixer that provides a homogeneous blend of rubber for making tires (rubber products). New technology is available that has the reliability and consistency desired to equal or exceed the quality of blend now achieved manually. It requires an investment of $2.450,000, with $105,000 per year operational costs and will replace all the manual effort described above. The planning horizon is 8 years, and there will be a $310,000 salvage value at that time for the new technology Marginal taxes are 25%, and the after-tax MARR is 10% Click here to access the TVM Factor Table Calculator Click here to access the MACRS-GDS table, Parta X Your answer is incorrect Determine the annual cost of purchasing the new technology, 5 620000 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is t50, Save for later Attempts: 1 of 3 used Submit Answer Part! The parts of this question must be completed in order. This part will be available when you complete the part above $ & % 5 6 7 8
