Mr Store who runs his photocopy business working8 hours per day process 100 scripts. He estimates his labour costto be €9 per hour. Also he has estimated that the total materialcost for each script is approximately €2; while the daily expensesare €28. Calculate the multifactor productivity.In an effort to increase the rate of the photocopy process to 150 scripts, he decides to change the quality of ink thus raising the mate-rial cost to €2.5 per day. Is the new productivity better than before? If Mr Store would like to increase the photocopy process to150 scripts without sacrificing the initial multifactor productivity,by what amount has the material costs to be increased?

Mr Store who runs his photocopy business working8 hours per day process 100 scripts. He estimates his labour costto be €9 per hour. Also he has estimated that the total materialcost for each script is approximately €2; while the daily expensesare €28. Calculate the multifactor productivity.In an effort to increase the rate of the photocopy process to 150 scripts, he decides to change the quality of ink thus raising the mate-rial cost to €2.5 per day. Is the new productivity better than before? If Mr Store would like to increase the photocopy process to150 scripts without sacrificing the initial multifactor productivity,by what amount has the material costs to be increased?

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

See similar textbooks

Similar questions

Mr Store who runs his photocopy business working 8hours per day process 100 scripts. He estimates his labour cost tobe € 9 per hour. Also he has estimated that the total material costfor each script is approximately € 2; while the daily expenses are€28. Calculate the multifactor productivity.In an effort to increase the rate of the photocopy process to 150scripts, he decides to change the quality of ink thus raising the material cost to € 2.5 per day. Is the new productivity better than before?If Mr Store would like to increase the photocopy process to 150scripts without sacrificing the initial multifactor productivity, bywhat amount has the material costs to be increased?
So and Ralph have joined forces to start SoRap Chip Products, a processor of packaged okra chips.So has years of food processing experience, and Ralph has extensive commercial food preparationexperience. Together with the help from vendors, they can adequately estimate demand, fixed costs,revenues, and variable cost per 5-pound bag of okra. They think a largely manual process will havemonthly fixed cost of 37,500Php and variable cost of 1.75Php per 5-pound bag. A more mechanizedprocess will have fixed costs of 75,000Php per month with variable costs of 1.25Php per 5-poundbag. They expect to sell the okra chips for 2.50Php per 5-pound bag. What is the break-even quantityfor the manual process?
1) Yuri want to determine the work efficiency of her team. She ask for information from the HR Department that would be able to tell her which of her team member works on extra shift. To her surprise HR forwarded the working contract and basic salary scheme of her team. What quality of information was not observed by the HR? 2) The point of sales system of Aling Nenas Digital Karinderya is having a problem. Aling Nena notice that the financial report produce is not balance. Aling Nena was advice by an IT consultant suggesting that the cause of the problem is because the system does not allow centavo value to be inputted. The point of sales system requires the data input to be coded in whole value. What disadvantages of coding is being described in this scenario?
Sammy spent $10 on stationery. This was d dollars less than 4 times what she spent on dinner. How much did she spend on dinner?
Development and Production Plan Maintaining your output level in order to meet your customers' demands is a necessary skill. As a result, the following questions must be addressed:• What quantity and how frequently should my goods be produced? (This would depend on sales turnover)• What raw material is used in production?• Is the raw material available?• Do I need anyone to assist in the production (you may want to be a bit more specific here)?• If special skills are needed, how can they be acquired and retained?• What are the total production costs?In order to estimate the cost of production you would need to do the following:• Identify all the inputs needed to produce and sell.• Calculate the cost of the production of a specific quantity that you can manage.• Identify production inputs under the following headings:Fixed cost: Costs that will be incurred regardless of the level of production.Variable Costs: Costs that are directly related to the level of production. The more goods…
Jubelien and Joshua have joined forces to start Rosen old Lettuce Products, a processor ofpackaged shredded lettuce. Jubelien has years of food processing experience and Joshua hasextensive commercial food preparation experience. Together with the help from vendors, theycan adequately estimate demand, fixed costs, revenues, and variable cost per 5-pound bag oflettuce. They think a largely manual process will have monthly fixed cost of 37,500Php andvariable cost of 1.75Php per 5-pound bag. A more mechanized process will have fixed costs of75,000Php per month with variable costs of 1.25Php per 5-pound bag. They expect to sell theshredded lettuce for 2.50Php per 5-pound bag.a. What is the break-even quantity for the manual process?b. What is the revenue at the break-even quantity for the manual process?c. What is the break-even quantity for the mechanized process?d. What is the revenue at the break-even quantity for the mechanized process?e. What is the monthly profit or loss of the…
A company manufactures 1,500,000 units of a product yearly. A new design of the productwill reduce materials cost by 20% but will increase processing cost by 8%. If materials cost is₱10.00 per unit and processing will cost ₱0.50 per unit, how much can the company afford topay for the preparation of the new design and making changes in equipment?
Could you show me the equation and breakdown of this, that I could understand? Particulars Amount Units Produced 5,000 Total production cost 290,000 Fixed cost 30,000 Total variable cost 260,000 Variable cost per unit $52
The following information has been extracted from the cost information system of Kevianmanufacturers ltd for the last 12 weeks in the year ended 31st December 2020 Required:a) Using the high-low cost estimation method develop a cost estimation function for Production department Overhead Cost using the Machine hours as the activity level. b) The actual Production Department Overhead Cost in week 12 from above is 963,000. Using the machine hours of 48, direct labour hours of 38 from week 12 explain which of the two cost functions developed above is more accurate. c)Calculate and interpret the coefficient of Determination (R^2) using the cost estimation function derived using the Machine hours as the activity level.
Here are four samples A В of business cards. Juan Dea Cue, MD pediatrician CLEAR VISON EYE CEN了! Identify what is wrong with the design of each card and suggest HM Mall of Canlubang 3rd Floor Buildling C improve to ways them. Clinic Schedule: MWF 8:00 – 12:00 Phone: 0909 090 0909 0606 000 6666 Your child's health is my concerm! Your chilld's health is my concern! I can provide you with the best and mest premising breakthrough trends and Maria O. Clara Gigi San Simone: Decorator nteriotr skop at 777 Writter. Editr. Content Creatress. Jveeuntatn Avenue, Bukidnon. Our phone number is (777) 077.7700.. Our email adresss is GGSS. Hurry and avail of sur latest quarantine diseount with free PPE! 'All these bareause I eare for you now and ferever! I specializes in all kind of content. Visit my FB page OCLARA CARD Issues in the Design Suggestions for Improvement A B C D
WAI knows from historical records that approximately 40percent of its labor is used in Department 101 and 60 percentis used in Department 102. Th e reverse is true of machine time;60 percent is used in Department 101 and 40 percent is used inDepartment 102.(a) Calculate the labor and machine hours needed inDepartment 101 for each period of the MPS developed inProblem 4.(b) Calculate the labor and machine hours needed inDepartment 102 for each period of the MPS developed inProblem 4.
Heath Production manufactures chairs. Several weeks ago, the company received an inquiry from Rose Limited. Rose wants to market a foldable chair similar to one of Heath’s and has offered to purchase 12 000 units if the offer can be completed in three months. The cost data for Heath’s foldable chair is as follow: Direct material $16.40 Direct labour (0.125 @ $36 per hour) 4.50 Total manufacturing overhead 20.00 Total $40.90 The normal selling price of Heath’s foldable chair is $51.00. However, Rose has offered Heath only $31.50 because of the large quantity it is willing to purchase. Rose requires a modification of the design that will allow a $4.20 reduction in direct material cost. The production manager of Heath notes that the company will incur $8400 in additional setup costs and will have to purchase $5800 special equipment to…