A Laser cutting machine is costed on a machine hour rate basis. On the basis of the given information determine the cost for running the machine for 45 hours to complete a specific customer order. Select your answer (to the nearest £1) from A to E below. 45 hours Time used (for this specific order) £2-00 per hour Power cost of machine £350,000 per year Depreciation and annual running costs (including labour) The expected running time of the machine is 235 days per year with two 7.5 hour shifts each day.

Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
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A Laser cutting machine is costed on a machine hour rate basis.
On the basis of the given information determine the cost for running the machine for 45 hours to complete a specific
customer order. Select your answer (to the nearest £1) from A to E below.
45 hours
Time used (for this specific order)
£2-00 per hour
Power cost of machine
£350,000 per year
Depreciation and annual running costs (including labour)
The expected running time of the machine is 235 days per year with two 7.5 hour shifts each day.
£9026
O £4468
£4558
O £3998
O £8936
Transcribed Image Text:A Laser cutting machine is costed on a machine hour rate basis. On the basis of the given information determine the cost for running the machine for 45 hours to complete a specific customer order. Select your answer (to the nearest £1) from A to E below. 45 hours Time used (for this specific order) £2-00 per hour Power cost of machine £350,000 per year Depreciation and annual running costs (including labour) The expected running time of the machine is 235 days per year with two 7.5 hour shifts each day. £9026 O £4468 £4558 O £3998 O £8936
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