these questions are under cost estimation in engineering economy. Question 2The ore of a copper mine in Visayas contains, 0.7 grams of copper per ton. First method of processing costs Php 1,050 per ton andrecovers 94% of the copper, while another method costs only Php 900 per ton and recovers 80% of the copper. If copper can besold at Php 10 per gram how much is the net profit using the first method?Use the editor to format your answerQuestion 3The ore of a copper mine in Visayas contains, 0.7 grams of copper per ton. First method of processing costs Php 1,050 per ton andrecovers 94% of the copper, while another method costs only Php 900 per ton and recovers 80% of the copper. If copper can besold at Php 10 per gram which method is better?Use the editor to format your answer

Grams in ton=907,184.74 0r 907,184.75 Method 1 Copper recovered = (907,184.75×.0.7)…

Answered: The ore of a copper mine in Visayas…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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An Engineering consultant firm measures its output in a standard hour unit, which is a function of the personnel grade levels in the professional stuff. The variable cost is $62 per standard service hour. The charge-out rate (i.e., selling price) is $85.56 per hour. The maximum output of the firm is 160,000 hours per year, and its fixed cost is $2,024,000 per year. For this firm: (a) What is the breakeven point in standard service hours and in percentage of total capacity? (b) What is the percentage reduction in breakeven (sensitivity) if fixed costs are reduced 10%; if variable cost per hour is reduced 10%; and if the selling price per unit is increased by 10%. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
A car wheel making company has the following data related to cost: Total Cost = $ 15000 + 1000X and Total Revenue = 2500X, where X is the number of wheel. Calculate the Breakeven Point.
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The fixed and variable costs for three potential manufacturing plant sites for a rattan chair weaver are shown: Site Fixed Cost Per Year Variable Cost per Unit 1 $700 $11.00 2 $1,200 $6.00 3 $2,100 $4.00 Part 2 a) After rounding to the nearest whole number, site 1 is best below ▼ 0 450 100 units.
The ABC Manufacturing Company incurs an annual fixed cost of $100,000 to maintain its production facilities. Additionally, the variable cost per unit produced is $10. If the company produces and sells 5,000 units in a year, what is the total annual cost?
A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p = 79 – 0.11D units. The fixed cost is $800 per month and the variable cost $32 per unit produced. What number of units, D*,should be produced per month and sold to maximize the profit per month related to the product?
ABC company is planning to double their production capacity in 2023. The construction cost of a similar plan in 2000 was $1.7 mil. The company has concluded that there is a significant Economy of scale opportunity with an exponent of 0.35. The construction cost index was 125 in the year 2000 and it is 250 in 2023. What is your best estimate of the cost of this expansion?
Economies of Scope refers to situations where per unit costs are:
4) A company produces a chemical at a rate of 1000 tons/year with a planned sale price of 0.8 TL / kg. The fixed cost is 60000 TL/year and direct production is 5.5 x 106 TL/year at full capacity. Determine the direct product cost per unit product (TL /kg). Find the breakeven capacity of the company for this product. Draw breakeven chart according to determined results in (ii). Calculate the new breakeven point if the price of the product decreased to 0.5 TL/kg.
Garber Furniture manufactures beds selling for $529 each. Variable costs per unit are $187 for direct material, $165 for direct labor, $44 for variable production overhead, and $15 for variable selling and administrative costs. Annual fixed costs for production overhead are $200,000 and for selling and administrative costs $124,000. What is the number of units required to breakeven? 2,436 units 2,492 units 1,831 units 2,746 units 612 units Onone of the above / listed
If the cost of an 8000-operation-per-second assembly line robot is $80,000 and the cost for one with twice the capacity is $120,000, the value of the exponent in the cost-capacity equation is closest to:a. 0.51b. 0.58c. 0.62d. 0.69
A product that has a list price by the company to be 589 while the variable cost of manufacturing is 340. 1. What is the fixed cost per year that the company can afford to breakeven with sales 9000/year? 2. If the fixed cost of the company is actually 750,000 per year, what is the profit at a sales level of 7000 units?

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