Question

Cupid's Confections is interested in buying a new manufacturing system to help the company keep up with demand. The company has received bids for two different systems Mighty Delighty Candylicious $75577 $19924 $12809 4 $123216 $27042 $10656 7 22956 9 years First Cost Salvage Value Annual Utilities Number of additional employees needed Number of additional pieces of candy that can be processed per month 11670 Lifespan 6 years The company pays its employees an average salary of $45930 per year. The company makes a profit of $0.98 per piece of candy (assume all additional candy produced would be sold). Comparing the two alternatives using present worth analysis (see the video lecture "Multiple Projects-Unequal Lifeif you are unsure what that means), what is the present worth of the Candylicious? Use an interest rate of 7% compounded annually to make your calculation. NOTE: You only need to calculate the present worth of the Candylicious for this problem. You do not need to calculate the present worth for the Mighty Delighty. You do need to know the lifespan of the Mighty Delighty to make an accurate calculation The number of pieces of candy is per month If you are taking this quiz again, be sure you are making the calculation for the correct machine. Enter your answer as 1234 Round your answer. Do not use a dollar sign ($"), any commas() or a decimal point ("")

MAKE SURE TO USE THE LCM OF THE TWO LIFESPANS (18) TO CALCULATE THE YEARS IN OPERATION

Answer 1

Olut 0 Rect Жет CHon ng a necw manu to help the copanu, keep up caith demancl 930 Xa9 0.0 (1.0F)-9 e7% z 0.548081