Lincoln Electric Inc. has a direct manufacturing cost of $147/welding unit anddefective units can be reworked for $46/unit. Of the 343 units that beginproduction per day, 89% are good and 60% of defective motors can bereworked.What is the product cost per unit? Hint: you already calculated the Yield for thelast question.Round your answer to 2 decimal places. Do NOT include the $ sign. Answerlike 123.45.

Production is the process in which inputs are combined to have the required output. It includes a…

Answered: What is the product cost per unit?

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 21P

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