For the operation of part R-193, two operations are being considered. The capital investment associated with each operation isidentical. Each completed part can be sold at Php 7 per part.Operation 1 produces 2,000 parts per hour. After each hour, the tooling must be adjusted by the machine operator. Theadjustment takes 20 minutes. The machine operator for Operation 1 is paid Php350 per hour.Operation 2 produces 1,300 parts per hour, but the tooling needs to be adjusted by the operator only once every two hours.The adjustment takes 30 minutes. The machine operator for Operation 2 is paid Php 192.5 per hour.Assume an 8-hour work day. Further assume all parts produced can be sold. Should operation 1 or Operation 2 berecommended?

Answer - Need to find- Assume an 8-hour work day. Further assume all parts produced can be sold.…

Answered: For the operation of part R-193, two…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Determine the breakeven point in terms of number of units produced per month and draw its corresponding break-even chart using the following data:➢ Selling price/unit 600 PhP➢ Total monthly overhead expenses 428,000 PhP➢ Labor cost 115 PhP➢ Cost of Materials 76 PhP➢ Other variable 2.32 Php
A small shop in Bulacan fabricates portable threshers for palay producers in the locality. The shop can produce each thresher at labor cost of P1,813. The cost of materials for each unit is P2,527. The variable costs amount to P651 per unit, while fixed charges incurred per annum totals P69,428. If the portable threshers are sold at P7,865 per unit, how many units must be produced and sold per annum to break-even?
EF is preparing its budget for next year. Variable costs per unit are budgeted to be 60% of selling price. Fixed costs are budgeted to be 10% of total sales value. If EF increases its budgeted selling price by 10% and budgeted variable costs, budgeted fixed costs and budgeted sales volume remains unchanged, EF’s budgeted contribution per unit would:
ECONOMICS UPVOTE WILL BE GIVEN. PLEASE WRITE THE SOLUTIONS LEGIBLY. NO LONG EXPLANATION NEEDED. A company is analyzing a make-versus-purchase situation for a component used in several products, and the engineering department has developed these data: Option A: Purchase 10,000 items per year at a fixed price of Php 425 per item. The cost of placing the order is negligible according to the present cost accounting procedure. Option B: Manufacture 10,000 items per year, using available capacity in the factory. Cost estimates are direct materials = Php 250 per item and direct labor = Php 75 per item. Manufacturing overhead is allocated at 200% of direct labor (= Php 150 per item). Based on these data, should the item be purchased or manufactured?
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
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a) After determining the total product cost of P100.00 per unit, Mr. Rick the owner, decided to set mark-up of 15% on cost of his product. Determine the final retail price per unit of product. b) What is the pricing strategy used by Mr. Rick? Briefly explain this pricing strategy. c) How many units must be sold for Mr. Rick to Break-even if Fixed Cost is Php 100,000, Unit Selling Price is Php10.00 and Unit Variable cost is Php 5.00.
The project is to construct a lateral canal that will provide irrigation for 150 ha production area along the ricefields of a town| and it is being considered by the municipality. The locality has two (wet and dry) croppings. A one (1) ha ricefarm yields 90 çavans for rainfed areas. The following costs have been identified. Land: 800 meters long x 6 meters parcel of land at Php 950.00 per ha 4,500,000.00 500,000.00 250,000.00 Construction: Annual O&M (government): Annual O&M (farmer irrigators): Rental receipts from irrigators: 17 çav/ha Convenience to farmers: 500,000.00 Yield increase: 22% Neglecting other factors associated with production yield increase, determine the B/C ratio of the project with a MARR of 10% per year if the project is to be used for 25 years. Is the project acceptable?
PRO Engineering is considering whether to purchase or lease a piece of earthmoving equipment.The data associated with the purchase are as followsInitial cost = $150,000Residual value = $12,000Maintenance cost = $1,800/per yearOperator cost per day = $300/dayIf the equipment is rented, the operator cost is incurred, at the rate of $300 per day and $100 for the daily rental of the equipment.Determine the minimum number of days per year the equipment must be used to justify the purchase. Use an interest rate of 7%
Wylie has been offered the choice of receiving $4,700 today or an agreed-upon amount in 1 year. While negotiating the future amount, Wylie notes that he would be willing to take no less than $5,500 if he has to wait a year. What is his TVOM in %? % Carry all interim calculations to 5 decimal places and then round your final answer to 1 decimal place. The tolerance is ±0.2.
A local company assembles radio transmitters and produces certain units per month. This costs 852.42 pesos per unit. Each unit is sold at Php 1159.74. If the fixed costs are at Php 22425 a month, determine the number of units that must be produced annually to achieve break-even point. Add your answer

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