Please answer this question the answer is 1) 5,000 drums 2) 1053 units. I need the solutions with step the topic is about Break even analysis in engineering economics ty.. ractice Problems1. Steel drum manufacturer incurs a yearly fixed operating cost of $200,000. Each drummanufactured costs $160 to produce and sells $200. What is the manufacturer's break-even saiesvolume in drums per year? (Ans. 5,000 drums)2. A manufacturer produces certain items at a labor cost of P 155 each, material cost of P 76 eachand variable cost of P 2.32 each. If the item has a unit price of P 600, how many number of unitsmust be manufactured each month for the manufacturer to break-even if the monthly overnead isP 428,000? (Ans. 1,053 units)3. JRT Industries manufo

Total cost is sum of variable cost and fixed cost i.e., TC = TFC + TVC --------------- Total revenue…

Steel drum manufacturer incurs a yearly fixed operating cost of $200,000. Each drum manufactured costs $160 to produce and sells $200. What is the manufacturer's break-EYAN SALÜ volume in drums per year? (Ans, 5000 dnuma) A manufIoiu

Steel drum manufacturer incurs a yearly fixed operating cost of $200,000. Each drum manufactured costs $160 to produce and sells $200. What is the manufacturer's break-EYAN SALÜ volume in drums per year? (Ans, 5000 dnuma) A manufIoiu

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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Question

Please answer this question the answer is 1) 5,000 drums 2) 1053 units. I need the solutions with step the topic is about Break even analysis in engineering economics ty..

ractice Problems
1. Steel drum manufacturer incurs a yearly fixed operating cost of $200,000. Each drum
manufactured costs $160 to produce and sells $200. What is the manufacturer's break-even saies
volume in drums per year? (Ans. 5,000 drums)
2. A manufacturer produces certain items at a labor cost of P 155 each, material cost of P 76 each
and variable cost of P 2.32 each. If the item has a unit price of P 600, how many number of units
must be manufactured each month for the manufacturer to break-even if the monthly overnead is
P 428,000? (Ans. 1,053 units)
3. JRT Industries manufo

Application of economic techniques to the evaluation of design and engineering alternatives. The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint.

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