Question
In: Accounting
Williams Auto has a machine that installs tires. The machine is now in need of repair....
Williams Auto has a machine that installs tires. The machine is now in need of repair. The machine originally cost $10,200 and the repair will cost $1,200, but the machine will then last two years. The labor cost of operating the machine is $0.45 per tire. Instead of repairing the old machine, Williams could buy a new machine at a cost of $5,200 that would also last two years; the labor cost would then be reduced to $0.25 per tire. Williams expects to install 10,200 tires in the next two years.
a. Determine the total (two-years) cost for both repairing and replacing the machine.
b. Should Williams repair or replace the machine?
-
Repair
-
Replace
Solutions
ekkarill92 answered 2 years agoRelated Solutions
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Tony's Tire and Auto Repair
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Southern Division
Northern Division
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$31,500
Cost of goods sold
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13,650
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Sales
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Gross margin
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17,850
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You may need to use the appropriate appendix table to answer
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