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A firm has production capacity of 500 refrigerators per month and its fixed costs are P2,750,000 a month. The variable cost per unit is P11,500 and each unit can be sold for P20,000. Economic measures are instituted to reduce the fixed costs by 10% and the variable costs by 15%.
- Determine the old and new profits at 100% capacity.
- Determine the old and new breakeven points.
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- A firm has the capacity to produce 1,000,000 units of product per year. At present, it is able to produce and sell 600,000 units yearly at a total income of P720,000. Annual fixed costs are P250,000 and the variable costs per unit is P0.70. Determine the number of units that should be sold annually to break-even.A food processing plant consumed 450,000 kW of electric energy annually and pays an average of P2.00 per kWh. A study is being made to generate its own power to supply the plant the energy required, and that the power plant installed would cost P2,000,000. Annual operation and maintenance, P800,000. Other expenses P100,000 per year. Life of power plant is 15 years; salvage value at the end of life is P200,000; annual taxes and insurances, 4% of first cost; and rate of interest is 14%. What is the rate of return? Is the power plant justifiable?A machine used for cutting materials in a factory has the following outputs perhour at various speeds and required periodic tool regrinding at the intervals cited .Speed Output per hour Tool regrinding A 200 pieces Every 8 hours B 280 pieces Every 5 hours A set of tools costs P560 and can be ground twenty times. Each regrinding costs P54.00 and the time needed to regrind and change tools is 1 hour. The machine operator is paid P35.00 per hour including the time the tool is changed. The tool grinder who also sets the tools to the machine is paid P40.00 per hour. The hourly rate chargeable against the machine is P38.00, regardless of machine speed. Which speed is more economical? Speed B, PO.096/pc Speed B. PO.087/pc Speed A, P.054/pc Speed A, P.037/pc
- A COMPANY IS CONSIDERING CONSTRUCTING A PLANT TO MANUFACTURE A PROPOSED NEW PRODUCT. THE LAND COSTS P300,000, AND THE BUILDING COSTS P600,000, THE EQUIPMENT COSTS P250,000 AND P100,000 ADDITIONAL WORKING CAPITAL IS REQUIRED. IT IS EXPECTED THAT THE PRODUCT WILL RESULT IN SALES OF P750,000 PER YEAR FOR 10 YEARS, AT WHICH TIME THE LAND CAN BE SOLD FOR P400,000, THE BUILDING FOR P350,000 AND THE EQUIPMENT FOR P50,000. ALL OF THE WORKING CAPITAL WOULD BE RECOVERED AT THE END OF YEAR 10. THE ANNUAL EXPENSES FOR LABOR, MATERIALS, AND ALL OTHER ITEMS ARE ESTIMATED TO TOTAL P475,000. IF THE COMPANY REQUIRESS MARR OF 15% PER YEAR ON PROJECTS OF COMPARABLE RISK, DETERMINE IF IT SHOULD INVEST IN THE NEW PRODUCT LINE. EVALUATE USING ALL METHODS: A. RATE OF RETURN METHOD (RR) B. ANNUAL COST METHOD C. ANNUAL WORTH METHODA company is considering constructing a plant to manufacture a proposed new product. The land costs P300,000, the building costs P600,000, the equipment costs P250,000 and P100,000 additional working capital is required. It is expected that the product will result in sales of P750,000 per year for 10 years, at which time the land can be sold for P400,000, the building for P350,000 and the equipment for P50,000. All of the working capital would be recovered at the end of year 10. The annual expenses for labor, materials, and all other items are estimated to total P475,000. If the company requires a minimum rate of return of 15% per year on projects of comparable risk, determine if it should invest in the new product line. SOLVE FOR ROR MANUALLY.A company is considering constructing a plant to manufacture a proposed new product. The land costs P300,000, the building costs P600,000, the equipment costs P250,000 and P100,000 additional working capital is required. It is expected that the product will result in sales of P750,000 per year for 10 years, at which time the land can be sold for P400,000, the building for P350,000 and the equipment for P50,000. All of the working capital would be recovered at the end of year 10. The annual expenses for labor, materials, and all other items are estimated to total P475,000. If the company requires a minimum rate of return of 15% per year on projects of comparable risk, determine if it should invest in the new product line. Evaluate using the following methods: a) RORb) Annual Worth Methodc) Present Worth Methodd) Future Worth Method
- A manufacturing company leases a building for $100,000 per year for its manufacturing facilities. In addition, the machinery in this building is being paid for in installments of $20,000 per year. Each unit of the product produced costs $15 in labor and $10 in materials. The product can be sold for $40. what are the following 1. How many units per year must be sold for the company to breakeven? 2. If 10,000 units per year are sold, what is the annual profit? 3. If the selling price is lowered to $35 per unit, how many units must be sold each year for the company to earn a profit of $60,000 per year? 4. If the labor cost is increased by 10% and materials cost is increased by 5%, the number of units to break even is closest to:Electric posts and transmission lines must be installed in a new industrial park. It has been estimated that 23 km of transmission lines will be needed and each kilometer of line costs P14,000.00 including the installation. In addition a pole must be placed every 100 meters on the average to support the lines, and the cost of the pole and its installation is P2,100.00 including labor. What is the cost of the entire project?A company in Batangas is planning to buy a new gantry crane that has a capacity of 50 tons. In the market, there are four available cranes offered by different well-known companies. The first equipment is a portable/mobile gantry crane with a cost of P2,400,000 and an installation cost of P50,000. During its life of 5 years, the cost of power and labor is P130,000 and P280,000 respectively. Maintenance should be followed as well and must be done on its scheduled program. The cost of maintenance per year is P116,000. The second equipment is a double girder gantry crane with a cost of P3,000,000 and an installation cost of P40,000. During its life of 5 years. the cost of power and labor is P136,000 and P190,000 respectively. The cost of maintenance per year is P93.000. The third equipment is an electric trolley gantry crane with a cost of P4.960,000 and an installation cost of P55,000. During its life of 5 years, the cost of power and labor is P240,000 and P130,000 respectively. The cost…
- A company in Batangas is planning to buy a new gantry crane that has a capacity of 50 tons. In the market, there are four available cranes offered by different well-known companies. The first equipment is a portable/mobile gantry crane with a cost of P2,400,000 and an installation cost of P50,000. During its life of 5 years, the cost of power and labor is P130,000 and P280,000 respectively. Maintenance should be followed as well and must be done on its scheduled program. The cost of maintenance per year is P116,000. The second equipment is a double girder gantry crane with a cost of P3,000,000 and an installation cost of P40,000. During its life of 5 years. the cost of power and labor is P136,000 and P190,000 respectively. The cost of maintenance per year is P93.000. The third equipment is an electric trolley gantry crane with a cost of P4.960,000 and an installation cost of P55,000. During its life of 5 years, the cost of power and labor is P240,000 and P130,000 respectively. The cost…A new machine is purchased on the basis of guaranteed performance. However, initial tests indicate that the operating cost will be P40, 000 more per year than guaranteed. If the expected life is 25 years and money is worth 10%, what deduction from the purchased price would compensate the buyer for the operating cost?The cost of making a small transistor radio is 23.00 php in labor costs and 37.00 php in material costs. The fixed cost of running the system is P 100,000.00 per month. The variable cost is P1.00 per set. The price of the radio is php75.00 each. Determine how many sets must be produced each month in order to break even.