Construction on your custom home is complete and now the yard must be landscaped. The landscape contractor has estimated that 8 cubic yards of dirt and 3 cubic yards of sand will be required to level the yard and provide proper drainage. Dirt is priced at $35 per cubic yard and sand is priced at $27 per cubic yard. She has measured the yard and calculated the area needing sod to be 3600 ft2. Sod is sold in rolls that measure 90 ft? at a cost of $10 each per roll. Shrubbery installation will cost an additional $2500. Estimate the cost of the landscaping.

Construction on your custom home is complete and now the yard must be landscaped. The landscape contractor has estimated that 8 cubic yards of dirt and 3 cubic yards of sand will be required to level the yard and provide proper drainage. Dirt is priced at $35 per cubic yard and sand is priced at $27 per cubic yard. She has measured the yard and calculated the area needing sod to be 3600 ft2. Sod is sold in rolls that measure 90 ft? at a cost of $10 each per roll. Shrubbery installation will cost an additional $2500. Estimate the cost of the landscaping.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter17: Long-term Investment Analysis

Section: Chapter Questions

Problem 10E

See similar textbooks

Similar questions

The average monthly balance in Yolanda's bank account is $1,800. Yolanda spends the same amount of money each day during a 30-day month, and at the end of the month her account balance is $0. Yolanda spends her money at a constant rate of ________ per day. Group of answer choices $120 $60 $360 $180
In connection with surfacing a new highway, a contractor has a choice of two sites on which to set up the asphalt-mixing plant equipment. The contractor estimates that it will cost $1.25 per cubic yard mile (yd3 –mile) to haul the asphalt-paving material from the mixing plant to the job location. Factors relating to the two mixing sites are as follows: (See pic) The job requires 50,000 cubic yards of mixed-asphalt-paving material. It is estimated that four months (17 weeks of five working days per week) will be required for the job. Compare the two sites in terms of their total costs. Assume that the cost of the return trip is negligible. A) Which is the better site? B) For the selected site, how many cubic yards of paving material does the contractor have to deliver before staring to make a profit if paid $8.35 per cubic yard delivered to the job location?
Two plans are available for a company to obtain automobiles for its salesmen. Plan A: Lease the cars and pay P0.28 per mile. Plan B: Purchase the cars for P6415. Each car has an economic life of three years, after which itcan be sold P1999. Gas and oil cost P0.05 per kilometer. Insurance is P50,000 per year. A. How many miles must the cars be driven each year for the two plans to have the same costs? Use an interest rate of 10%. (Hint: Use EUAC Method)
In a building construction project, 7,500 feet of insulated ductwork is required. The ductwork is made from 14-gauge steel costing $8.50 per pound. The 24-inch-diameter duct weighs 15 pounds per foot. Insulation for the ductwork costs $10 per foot. Engineering design will cost $16,000, and labor to install the ductwork will amount to $180,000. What is the cost of the 14-gauge steel? $956,250 $887,456 $1,200,000 $1,000,000
A contractor has an excavator requiring repairs within her fleet of cquipment for executing projects. She is offered $6,000 for the equipment by another contractor but refuses to sell. Other financial details of the excavator are as follows: Repair cost of $4,000 Useful life of 5 years At the end of year 1, the operation and maintenance cost is pegged at $2.000. This value increases by $1,000, S1,200, S1,400, and $1,600 for the following years. At the end of year 1, the salvage value is pegged at $6,000. This value decreases by 25% for the following years. The minimum acceptable rate of return (MARR) is 12%. Due to the constant use and operation and maintenance required, determine how long this equipment should be kept by the contractor. N.B. SHOW THE DETAILED WORKINGS FOR EACH YEAR. DO NOT STOP AT YEAR AFTER THE ECONOMIC LIFE.
A producer of certified organic fresh basil leaves gets the yield presented in the table below based on weekly working hours. From experience, he knows he will harvest many pounds as he increases the working hours as shown in the below table. This producer is a price taker. Because of the quality of his fresh basil, he contracts his production with a top restaurant at $14.0 per lb. while paying $ 28 per working hour. The total fixed cost is $65. Weekly Working hours (input) Change in input used Yield in lb. (TPP) Change in TPP APP MPP Total Revenue Product (TRP) Total factor cost (TFC) Profit MRP MFC 0 0 10 32 20 68 30 108 40 144 50 176 60 196 70 212…
Only typed answer Option :- 0 10 Greater than 1 Less then 0
A company emits 520 tons of dangerous chemicals annually. It has two options for reducing its emissions. Option 1: the company can spend $32,000 annually on a new filtration system, which will cut its emissions to 120 tons. Option 2: In addition to the filtration system, the company could implement a new recycling technology that will cost $24,000 per year and cut emissions to 30 tons. For each ton of reduced emissions, the company saves $240 . First, use marginal analysis to determine which option will save the company the most money. Then, calculate how much money the company will save and enter it in the box below, rounding your answer to two decimal places if necessary.
A company has a production capacity of 500 units per month and its fixed costs are P250,000 a month. The variable costs per unit are P1,150 and each unit can be sold for P2,000. Economy measures are instituted to reduce the fixed costs by 10 percent and the variable costs by 20 percent. Determine the old and the new break-even points. What are the old and the new profit at 100 percent capacity?
The Ozzie Chocolate Company is preparing to offer a new product in its candy offerings, the Minty Dark Chocolate Bite bar. Material costs per new candy bar are $0.25 for chocolate, $0.02 for sugar, and $0.03 for mint flavoring. Labor costs of the new product are approximately $0.15 per bar. Adding a production line devoted to the new candy will cost $250,000 per year. (a) If the sales price is $1.40 per candy bar, how many must the company make per year in order to break even? Assume that each bar made is sold at full price. (b) What is the company’s profit or loss if they make and sell 270,000 candy bars at the $1.40 price in the first year? (c) About 20% of the food consumed in the U.S. is imported. Production in many industries has been offshored. What ethical issues do companies face when presented with the decision to move operations?
A producer of synthetic motor oil for automobiles and light trucks has made the following statement: “One quart of Dynolube added to your next oil change will increase fuel mileage by one percent. The one-time additive will improve your fuel mileage over 50,000 miles of driving.” Assume the company’s claim is correct. How much money will be saved by adding one quart of Dynolube if gasoline costs $4.00 per gallon and your car averages 20 miles per gallon without the Dynolube? If a quart of Dynolube sells for $19.95, would you use this product to your automobile?
Please answer correct option plz answer Don't answer by pen paper plz