Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost P8.00, annual demand of 40000, and ordering cost of P48. *
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Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost P8.00, annual
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- Company sells titanium alloy fasteners for airframe applications. The fasteners sell in packets of 1000 units, which each packet selling for $145. The company's total cost function is:TC = 3,200,000 + 0.002 Q^2,in which Q is expressed in packets produced per year and TC in dollars per year.What is company's annual profit if the quantity of packets produced and sold per year is 50,000?Suppose ADI Corporation's breakeven sales volume is $450,000 with fixedcosts of $200.000.(a) Compute the contribution margin percentage.(b) Compute the selling price if va ri a ble costs are $12 per unit.A company's unit costs based on 500,000 units are: Variable costs $32 Fixed costs 20 The normal unit sales price per unit is $110. A special order from a foreign company has been received for 4,000 units at $90 a unit. In order to fulfill the order, 2,000 units of regular sales would have to be foregone. The opportunity cost associated with this order is A) $64,000. B) $180,000. C) $220,000. D) $156,000.
- The cost of producing a computer diskette is as follows: Material cost is $7.00 each, labor cost is $2.00 each, and another expense is $1.50 each. If the fixed expenses are $69,000/month, how many diskettes must be produced each month for break even if each diskette is worth $250?Company sells titanium alloy fasteners for airframe applications. They sell in packets of 1000 units, which each packet selling for $230. The company's total cost function is:TC = 1,660,000 + 0.002 Q^2,Q is expressed in packets produced per year and TC in dollars per year.How many packets must be produced and sold per year to maximize annual profits?Heinrich is a manufacturing engineer with the Miller Company. He has determined the costs of producing a new product to be as follows: Equipment cost: $288,000/year Equipment salvage value at EOY5 = $41,000 Variable cost per unit of production: $14.55 Overhead cost per year: $48,300 If the Miller Company uses a 5-year planning horizon and the product can be sold for a unit price of $39.75, how many units must be produced and sold each year to break even?
- AN EXECUTIVE RECEIVES AN ANNUAL SALARY OF P600,000 AND HIS SECRETARY A SALARY OD 180,000.A CERTAIN TASK CAN BE PERFORMED BY THE EXECUTIVE WORKING ALONE IN FOUR HOURS. IF HE DLEGATES THE TASK TO HIS SECRETARY WILL REQUIRE HIM 30 MINS TO EXPLAIN THE WORK AND ANOTHER 45MINS TO CHECK THE WORK. DUE TO THE UNFAMILIARITY OF THE SECRETARY TO DO TASK, IT TAKES HER AN ADDITIONAL TIME OF 6HOURS AFTER BEING INSTRUCTED. CONSIDERING SALARY COST ONLY, DETERMINE THE COST OF PERFORMING THE TASK BY EACH METHOD, IF THE SECRETARY WORKS 2400HOURS A YEAR AND THE EXECUTIVE 3000 HOURS A YEAR. COST OF PERFORMING THE TASK: SECRETARY WORKING WITH EXECUTIVEProblem # 3 Night Timers is a small company manufacturing glow-in-the-dark products. One of the hottest items the engineering department has developed is adhesive tape that can be applied to walls and floors. Night Timers' chief engineer anticipates that the product will be sold in ten-foot rolls. At present, the company's maximum production capacity is 140,000 rolls per year. The engineer believes the cost function to be described by: C = $60,000 + .5Q. (The high fixed costs represent development cost and tooling to prepare coating equipment). Night Timers' president seeks to establish a price that maximizes profit (since she is the chief stockholder). She thinks that the firm should be able to sell at least 120,000 rolls of tape per year. a) If Night Timers plans to sell 120,000 rolls per year, what is the necessary price if the firm is to break even? What if it can only sell 100,000? b) The marketing manager forecasts demand for the tape to be: Q = 400,000 - 200,000P. Find the…If explicit cost equals to $40000 and implicit cost $ 95,000 and the accounting profit is $23,000 what is the revenue and the economic profit
- The costs of producing a commodity consist of ₱102.00 per unit for labor and material cost and ₱54.00 per unit for other variable cost. The fixed cost per month amounts to ₱850,000. The commodity is sold at ₱740.00 each, what is the break-even quality per month? (Hint: for Break-even quality, COST = REVENUE)Metters Cabinets, Inc., needs to choose a production method for its new office shelf, the Maxistand. To help accomplish this, the firm has gathered the following production cost data: Variable costs (per unit) ($) Process type Annualized fixed cost labor material energy Of plant & equip. Intermittent $1,000,000 24 26 20 Mass customization $1,190,000 30 18 12 Repetitive $1,385,000 28 15 11 Continuous $1,660,000 25 15 10 Determine the most economical…Fast pls solve this question correctly in 5 min pls I will give u like for sure Svtik The cost of an electrode position control system in an electric arc furnace was $16,000 when the applicable equipment cost index had a value of 1,192. If the current index value is 1,364 and the exponent in the cost-capacity equation has a value of 0.65, the estimated cost now of a similar system twice as large is
