Stanley Black & Decker produces drills at a manufacturing cost of $59/drill. Defective units can be reworked at a cost of $20/drill. The manufacturing process produces 87% good products and 69% of the defective drills can be reworked. What is the total manufacturing cost PER DRILL if you start a production run of 98 drills (meaning you would yield less)? Hint: don't round your Yield. Give your answer to two decimal places. DO NOT INCLUDE the $ symbol!

Stanley Black & Decker produces drills at a manufacturing cost of $59/drill. Defective units can be reworked at a cost of $20/drill. The manufacturing process produces 87% good products and 69% of the defective drills can be reworked. What is the total manufacturing cost PER DRILL if you start a production run of 98 drills (meaning you would yield less)? Hint: don't round your Yield. Give your answer to two decimal places. DO NOT INCLUDE the $ symbol!

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Description: Stanley Black & Decker produces drills at a manufacturing cost of $59/drill. Defective units can be reworked at a cost of $20/drill. The manufacturing process produces 87% good products and 69% of the defective drills can be reworked. What is the tot

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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