Machine maintenance 150,000 EGP, if you know rate of maintenance = EGP 0.15 (Number of labors hours = 942,200 hours). calculate the variable and fixed cost
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Machine maintenance 150,000 EGP, if you know rate of maintenance = EGP 0.15 (Number of labors hours = 942,200 hours). calculate the variable and fixed cost
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- Machine maintenance 150,000 EGP, if you know rate of maintenance = EGP 0.15 (Number of labors hours). calculate the variable and fixed costDescribe the cost formula for a strictly variable cost such as electrical power cost of 1.15 per machine hour (i.e., every hour the machinery is run, electrical power cost goes up by 1.15).fixed cost=650000.00 variable cost per procedure=20 procedures per year =12500 what is the underlying cost structure? what is the expected total cost?
- Total Material cost is 500000 OMR Fixed cost is 0. Calculate Total Variable costGiven the following cost and activity observations for Leno Enterprises'utilities, use the high-low method to calculate Leno's variable utilities cost permachine hour. Cost Machine HoursSeptember £4,100 22,000October £3,700 18,000November £3,900 19,000December £4,500 28,000a) £0.08b) £4.86c) £0.25d) £12.50fixed cost=650000.00 variable cost per procedure=20 total procedures for the year=12500 what is the total variable cost?
- An industrial firm uses economic analysis to determine which of two different machines to purchase. Each machine is capable. Each machine is capable of performing the same task in a given amount of time. Assume the MARR=8%. Use the following data for analysis:What is the approximate equivalent uniform annual cost of Machine X?6. The Kentucky Tools Machine Shop wants to develop a cost estimating equation for its monthly cost of electricity. It has the following data: Month January April July October Cost of Electricity (Y) Direct Labor-Hours (X) $7,000 750 $7,500 850 $8,500 $7,250 1,000 800 What would be the best equation using the high-low method? A) Y = $2,000+ $7.50X B) Y= $2,500 + $6X C) Y= $1,500 + $8X D) Y = $2,000 + $6XCalculate variable cost per unit. if fixed cost is 50000 OMR Total Variable cost 500000 OMR and the units produced is 25000 Units
- Production Facilities cost is 465000 OMR. Total Variable cost is 65000 OMR. Calculate Total Fixed costWrite a linear cost function equation for each of the following conditions. Use y for estimated costsand X for activity of the cost driver.a. Direct materials cost is $2.70 per pound b. Total cost is fixed at $800 per month regardless of the number of units produced. c. Auto rental has a fixed fee of $90.00 per day plus $1.75 per mile driven. d. Machine operating costs include $1,000 of maintenance per month, and $15.00 of coolant usagecosts for each day the machinery is in operation.QUESTION 1. Let the fixed cost for production of a good, F, be equal to $2,700; the labour requirement to produce one unit, a, be equal to 2 hours and the wage rate, w, be $25 per hour. Let Q stand for the number of units of output. The unit cost when Q = 1 is ________, and when Q = 3 is________: (a) $2,750 and $900. (b) $2,750 and $1,050. (c) $2,750 and $1400. (d) $2,750 and $950. Explain why. QUESTION 2. A country will choose to protect an industry to promote future comparative advantage instead of exploiting its current comparative advantage when: (a) The interest rate is high. (b) Time horizon of decision-making is long. (c) There are fixed cost in technology investments. (d) The growth rate of expertise is low. Explain why.