Economics UTeM Sdn Bhd is planning to expand its range of automotive components by producing several sheet metal parts. Several combinations of new machine and workers could serve to fulfil this new agenda. There are two final proposal identified by the engineering department. Both proposals are: Machining Centre 1: New machining centre with two workers.
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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 demand of 40000, and ordering cost of P48. *A manufacturing plant wishes to buy a new equipment so the purchasing department did some research on different types of this equipment. In the monthly meeting, the purchasing department presented a report about the two types of equipment that they have found. Pertinent data are as follows: Туре А Туре В First cost P250,000 P350,000 Annual operating cost 30,000 22,000 Annual labor cost 52,000 34,000 Insurance and property taxes 3% 3% Labor/Payroll taxes 4% 4% Estimated life 10 10 If the minimum required rate of return is 19%, 1. What is the annual worth of Type A? [ Select ] 2. What is the annual worth of Type B? [ Select ] 3. Which machine should be selected? [ Select ] >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…
- 6:08 PM ě 3.5KB/s 1l 82 4G+ 01:52:56 Remaining Multiple Choice If breakeven point is 100 units, each unit sells for P30, and fixed costs are P1,000, then on a graph the: total revenue line and the total cost line will intersect at P3,000 of revenue O total cost line will be zero at zero units sold revenue line will start at P1,000 total revenue line and the total fixed cost line will intersect at P3,000 of revenue 56 of 64 II レPlease answer with CFD: In building a plant, the Santos Novelty Corporation had the choice between three alternatives: One alternative is to build in San Mateo, Rizal where the plant would cost P2,000,000. Annual labor would cost P120,000 and annual overhead cost of P40,000. Taxes and insurance would total 5% of the first cost of the plant. The second alternative would be to build in Montalban Rizal where the plant would cost P1,950,000. Labor would cost annually P115,000 and overhead would be P50,000. Taxes and insurance would be 4% of the first cost. The third alternative would be to build in Marikina City a plant costing P2,250,000. Labor would cost annually P100,000 and overhead would be P55,000. Taxes and insurance would be 3% of the first cost. The cost of raw materials would be the same in other plant. If capital must be recovered within 10 years and money is worth at least 20%, which site should the officers of the company choose? Use Future Worth Cost Method.The graph shown below is that of Do Drop In, a shop in the dry-cleaning industry. Cost and revenues (in dollars) 20 18 16 14 12 10 60 MR 120 180 240 MC D Quantity per period AC 300 360 420
- A jewelry firm buys semiprecious stones to make bracelets and rings The supplier quotes a price of S8.30 per stone for quantities of 600 stones or more, S8.70 per stone for orders of 400 to 599 stones, and $0.20 per stone for lesser quantities The jewelry firm operates 102 days per yea. Usage rate is 20 stones per day, and ordering costs are 540. The carrying cost is $3 per year for each stone 1) What is the candidate order quantty at the unit price of 50 207 (Round your answer to the nearest whole number) 2) What is the candidate order quantity at the unit price of $0.707 (Round your ansewer to the nearest whole number) 3) What is the candidate order quantity at the unit price of $8.307 (Round your answer to the nearest whole number.) 4) What order quantity is optimal the intent in to mnimize total annual conts? Round nteredmate calcuations to the nearest whole numbers before compuling the conesponding total annual costs (Round your answer to the nearest whole number 5) What is the…The projected profit of a hi-tech recording disks retailer is Birr 200,000 for the current year based on sale volume of 200,000 units. The company has been selling the disks for $16 each; variable costs consist of the Birr 10 purchase price and Birr 2 handling cost. The retailer’s annual costs are Birr 600,000. Required: a. Calculate the breakeven point for the current year in units. b. What will be the company’s profit for the current year if there is a 10% increase in projected unit sales volume? c. Management is planning for the coming year when it expects that the unit purchase price of the disks will increase by 30%. What volume of dollar sales must the retailer achieve in the coming year to maintain the current year’s profit if the selling price remains constant at Birr 1613.12 You work for Bellevue Window Products. While performing an analysis for a new window prod- uct, you found a report from last year that pro- vided the following information regarding the manufacture of a similar product: annual produc- tion rate T 40,000 units; selling price = $70 per unit; fixed production cost = $240,000 per year; variable production cost = $1,700,000 per year; variable selling expenses = $96,000 per year. As a first-cut, you decide to use this information to estimate (a) the breakeven production rate per year, (b) the company's profit last year, and (c) the annual production rate that would generate a profit of $1,000,000 per year. What are your estimates?
- In Sheridan Company, total materials costs are $37,600, and total conversion costs are $61.560 for June. Equivalent units of production are materials 10,000 and conversion costs 12.000. (a1) Compute the unit costs for materials and conversion costs. (Round answers to 2 decimal places, eg. 2.25.) Materials cost per unit %24 Conversion cost per unit %246. A cement grinding mill "A" with the capacity of 50 tons per hour utilizes forged steel grinding balls costing P12,000 per ton, which have a wear rate of 100grams per ton cement milled. Another cement mill "B" of same capacity uses high chrome steel grinding balls costing P30,000 per ton with wear rate of 10grams per ton cement milled. Determine by calculation the more economical grinding mill, considering other factors to be the same and how much is the difference incurred in losses.Investors put up $1040000 to construct a building and purchase all equipment for a new restaurant. The investors expect to earn a minimum return of 10 per cent on thier investment. The restaurant is open 52 weeks per year and serves 900 meals per week. The fixed costs are spread over the 52 weeks. Included in the fixed costs in 10% return to the investors and $2000 in other fixed costs. Variable costs include $2000 in weekly wages, and $600 per week in materials, electricity, etc. The restaurant charges $8 on average per meal. The operating profit per week of the restaurant is A)$0 B)$2900 C)$4600 D)$4900