An order for a metal fabrication requires production processes from two departments as follows: 1. Laser cutting 2. Folding/bending and welding The laser cutting is costed on a machine hour rate basis and has already been determined to be £2500 for this order. Determine the total cost of this fabrication given the following information The bending and welding department requires 30 hours of labour costed at £15 per hour The folding/bending and welding department has an annual overhead of £216k to absorb The total annual labour hours for this department are 3600 hours (overheads are absorbed on this basis) The direct cost of materials for this fabrication is £800. What is the total production cost of this order?

An order for a metal fabrication requires production processes from two departments as follows: 1. Laser cutting 2. Folding/bending and welding The laser cutting is costed on a machine hour rate basis and has already been determined to be £2500 for this order. Determine the total cost of this fabrication given the following information The bending and welding department requires 30 hours of labour costed at £15 per hour The folding/bending and welding department has an annual overhead of £216k to absorb The total annual labour hours for this department are 3600 hours (overheads are absorbed on this basis) The direct cost of materials for this fabrication is £800. What is the total production cost of this order?

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

See similar textbooks

Similar questions

In a factory where there are three shifts: The machine overhead cost is found to be £8.20 / hr, the labour overhead cost is found to be £30.20/hr, and the premises overhead cost is found to be £3.50/hr. Using the principle of overhead costing: If a single component takes 23 minutes to manufacture on the milling machine. What is the cost / part? You should include machine costs, labour costs and premises costs in your answer, but you can neglect material and energy costs. Express your answer in £ rounded up to the nearest penny.
A CNC milling machine has a purchase price of £100,000 and it is considered from an accounting standpoint to be depreciated to zero value over a period of 6 years. If the machine is to be used for 2 shifts with each shift working for 37 hours/week and 45 weeks/ year. What is the machine cost/ hr which must be charged in order to amortise the costs over the 6 year period? Express your answer in £/ hour but just write the numerical answer rounded up to the nearest penny. To make the calculation simpler ignore the effects of compound interest, you can assume that over the 6 year period you will be required to pay back borrowed money for the machine purchase amounting to 6% interest on the sum borrowed.
A toy manufacturing uses 51030 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can can produce at a rate of 800 per day. The toy trucks are assembled uniformly ( at a constant rate ) over the entire year. Carrying cost is $ 1.50 per wheel per year. setup cost for the production run of the wheel is $ 47. The firm operatyes 243 days per year. Determine each of the following: 1-Optimal run size 2-Use your final answer from part 1 to determine minimum total annual cost for carrying and setup 3-Cycle time for the optimal run size 4-Run time
A company has received orders for 5 products for fabrication. The order of arrival with processing time and due date for delivery is given below. Determine the schedule for the jobs using i) FCFS, ii)LCFS, iii)STR and iv) Due date first rules and compare the rules with the optimal solution for the scheduling
A final assembly plant for a certain automobilemodel is to have a capacity of 240,000 units annually.The plant will operate 50 wk/yr, 2 shifts/day, 5 days/wk, and 8.0 hr/shift. It will be divided into three departments: (1) body shop, (2) paint shop, (3) trim-chassis-final department. The body shop welds the car bodies using robots, and the paint shop coats the bodies. Both of these departments are highly auto-mated. Trim-chassis-final has no automation. There are 15.5 hr of direct labor content on each car in this department, where cars are moved by a continuous conveyor. Determine (a) hourly production rate ofthe plant, (b) number of workers and workstations required in trim-chassis-final if no automated stations are used, the average manning level is 2.5, balancing efficiency 1⁄4 93%, proportion uptime 1⁄495%, and a repositioning time of 0.15 min is allowedfor each worker.
ILLUSTRATION 2: An operator manufactures 50 jobs in 6 hours and 30 minutes. If this time includes the time for setting his machine. Standard time allowed for the job was: Setting time = 35 min Production time per piece = 8 min %3D
A certain job shop specializes in one-of-a-kind orders dealing with parts of medium-to-high complexity. A typical part is processed sequentially through 10 machines in batch sizes of 1. The shop contains a total of eight conventional machine tools and operates 40 hr/wk of pro duction time. Average time values on each part per machine are: machining time = 0.5 hr, work handling time = 0.3 hr, tool change time = 0.2 hr, setup time = 3 hr, and non operation time = 12 hr. A new programmable machine is being considered that can per form all 10 operations in a single setup. The programming of the machine for this part will require 20 hr; however, the programming can be done off-line, without tying up the machine. Setup time will be just 2 hr because simpler fixtures will be used. Total machining time will be reduced to 80% of its previous value due to advanced tool control algorithms; work han dling time will be the same as for one machine; and total tool change time will be reduced by…
2. You wish to lift a 15,000 lb stone by a vertical distance of 25 ft. Unfortunately, you can only generate a maximum pushing force of 2,500 lb. a. Sketch the diagram representing the problem b. What is the amount of work you must input in order to move the stone? c. What is the actual mechanical advantage (AMA) required by a machine to complete the work above? d. You build a ramp to create the ideal mechanical advantage. What is the length of the ramp in feet?
In a casting machining company, it takes an operator 15 seconds to load and 15 seconds to unload each machining center. There are several same centers, all working on the same type of part, and the duration of the automatic operation is 1 minute. Given that the cost per hour of the operator and the cost per hour of the machine is $10, using the man-machine diagram, determine the value of the highest production rate for the system.
1 points Save Answer Which of the following processes would be appropriate for cutting a narrow slot, less than 0.4 mm wide, in a 10 mm thick sheet of fiber- reinforced plastic: a. Abrasive jet machining Ob. Chemical milling O. Other nontraditional machining process Od. Laser beam machining Oe. Electric discharge machining
A firm is attempting to minimize its shipping costs. The firm has 3 factories and must supply the needs of its 3 customers without shortages. Since the firm has no storage facilities, each factory must make daily shipments to its customers. The table below shows the capacity of each factory, the amount required by each customer, and the cost of shipping from each factory to each customer. Complete the table below to show the quantity shipped from each factory to each customer. (Leave no cells blank - be certain to enter "0" wherever required.) Shipping Costs ($/unit) Factory/Capacity Customer 1 Customer 2 Customer 3 A/100 units 11 5 9 B/180 units 8 7 8 C/130 units 12 7 10 Requirement— 205 units Requirement— 68 units Requirement— 137 units What is the total cost of meeting customer requirements each day?
A Laser cutting machine is costed on a machine hour rate basis. On the basis of the given information determine the cost for running the machine for 45 hours to complete a specific customer order. Select your answer (to the nearest £1) from A to E below. Time used (for this specific order) 45 hours Power cost of machine £2-00 per hour Depreciation and annual running costs (including labour) £350,000 per year The expected running time of the machine is 235 days per year with two 7.5 hour shifts each day. £4468 £9026 £4558 £3998 £8936 ENG