Three workers can produce pizza per day at a total cost of --- Pizza per day Fixed cost Variable cost Workers per day $/day S/day 400 25 400 200 75 400 350 13 115 400 450 145 400 600 15 170 400 800 O 115; $450 O 115; $50 115; $850
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- Why is the calculation of the total cost is wrong. The below is the right numbers but it is different from the solution given and if it comes down to this, will it be 2 or 3 security guards to employ to minimize the loss? 50*25 = 1250 30*25 = 750 20*25 = 500 14*25 = 350 Please provide clarification and provide the correct solutiobA labor-intensive process has a fixed cost of $338,000 and a variable cost of $143 per unit. A capital-intensive (automated) process for the same product has a fixed cost of $1,244,000 and a variable cost of $92.50 per unit. How many units must be produced and sold at $197 each for the automated process to be preferred to the labor-intensive process?My aunt is thinking of opening a simple café in your neighborhood. She estimates that it would cost Php120,000 per year to rent the location, plus another Php240,000 for the ingredients and labor per year. She wants to work as the cashier in the cafe but she would have to quit her job as an accountant where she is receiving Php20,000 per month. She expects a total sale of Php1M. Which of the FF. statements is correct? A. the total explicit cost is Php360,000 per year B. the total implicit cost is Php240,000 per year C. the accounting profit is Php640,000 per year D. all are correct E. none is correct
- Agree or Disagree and Why: One year ago, I loaned a friend $1000 and he just paid me back the whole $1,000. The loan did not cost me anything. An oil refinery bought millions of barrels of oil four months ago for $80 per barrel, compared to $120 / barrel today. The cost of using those barrels of oil to produce gasoline today is still $80.BC Company produces 100 pendants per day. The total fixed cost for the plant is $5000 and the total variable cost is $15000 per day. Calculate the oer unit total cost ?This is engineering economic.
- Paul owns and operates his own business. To keep up with new technology, he spends $3,000 per year upgrading his computer equipment. He runs the business out of an office in the center. If he didn't use the office as his business office, he could rent it out for $12,000 per year. Paul knows that if he didn't run his own business, he could return to his previous job with a salary of $100,000 per year. Other expenses amount $25,000 per year. How much total revenue does Paul need to make in order for him to want to remain self-employed? A) $128,000 (B) $140,000 C) $28,000 D) None of the answers are correct.In engineering economics, the term cost is used in many ways. What are they?The economic order quantity of Inc. is 1,000 unit. They sold their sole product for a selling price of P5. It takes P20,000 a year for Inc. in ordering 1,000 units per transaction. Carrying cost is P4 per unit per year. The lead time for this product is one week. How much sales revenue should Inc. have for this economic order quantity to be plausible? (Use 360 days a year)
- If engineering change order is the activity for an application of the ABC method of overhead allocation, the most reasonable cost driver(s) may be:1 – number of changes processed2 – size of the work force3 – management cost to process the change ordera. 1b. 2c. 3d. 1 and 3Owen conner works part time packaging software for a local distribution company in indiana. The annual fixed cost is $15,000 for this process, direct labor is $4.00 per package, and material is $5.00 per package. The selling price will be $15.00 per package. How much revenue do we need to take in before breaking even? What is the break even point in units?Please correct & concise working out and correct solution. Thank you!