4. A manufacturing firm maintains one product assembly line to produce generators. The demand for the product is 85 units/week. The production runs at 8 hours/day, 5.5 days/week. What is the maximum production time per unit in hours required of the production line to meet the demand?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 8EB: Shonda & Shonda is a company that does land surveys and engineering consulting. They have an...
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Quiz: Present economic study
1. A hardware store purchased a tool at 20,000 per unit. At what price should
the tool be sold so that giving a 15% discount, will provide them with 25% profit?
2. An engineer bought a second-hand service car and later sold it to a client at a
profit of 20%. The said client then resold the car to a trader at a profit of 28%. If
the trader paid P30,000 more than it cost the engineer, how much did the
engineer paid the car?
3. A fixed capital investment of P12M is required for a production plant and an
estimated working capital of P3M. Annual Depreciation is estimated to be 15% of
the capital investment. Determine the rate of return on the total investment and
the length of time to recover it if the annual profit is P2.8M.
4. A manufacturing firm maintains one product assembly line to produce generators.
The demand for the product is 85 units/week. The production runs at 8 hours/day,
5.5 days/week. What is the maximum production time per unit in hours required of
the production line to meet the demand?
Thanks. God bless everyone!
22-23, 1st
Transcribed Image Text:Quiz: Present economic study 1. A hardware store purchased a tool at 20,000 per unit. At what price should the tool be sold so that giving a 15% discount, will provide them with 25% profit? 2. An engineer bought a second-hand service car and later sold it to a client at a profit of 20%. The said client then resold the car to a trader at a profit of 28%. If the trader paid P30,000 more than it cost the engineer, how much did the engineer paid the car? 3. A fixed capital investment of P12M is required for a production plant and an estimated working capital of P3M. Annual Depreciation is estimated to be 15% of the capital investment. Determine the rate of return on the total investment and the length of time to recover it if the annual profit is P2.8M. 4. A manufacturing firm maintains one product assembly line to produce generators. The demand for the product is 85 units/week. The production runs at 8 hours/day, 5.5 days/week. What is the maximum production time per unit in hours required of the production line to meet the demand? Thanks. God bless everyone! 22-23, 1st
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