A Civil Engineer produces a certain construction material at a labor cost of P16.20 per piece, material cost of P38.50 per piece and variable cost of P7.40 per piece. The fixed charges on the business is P100,000.00 a month. If he sells the finished product at P95.00 each, how many pieces must be manufactures in each month to breakeven?
A Civil Engineer produces a certain construction material at a labor cost of P16.20 per piece, material cost of P38.50 per piece and variable cost of P7.40 per piece. The fixed charges on the business is P100,000.00 a month. If he sells the finished product at P95.00 each, how many pieces must be manufactures in each month to breakeven?
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter9: Pricing Construction Equipment
Section: Chapter Questions
Problem 6RQ
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.Recommended textbooks for you
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:
9781337399395
Author:
Pratt, David J.
Publisher:
Cengage,
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:
9781337399395
Author:
Pratt, David J.
Publisher:
Cengage,