A cement kiln with production capacity of 1200 tons per day (24 hours) of clinker has at its burning zone about 120 tons of magnetite chrome bricks being replaced periodically, depending on some operational factors and the life of the bricks. If locally produced bricks costs P37,000 per ton and have a life of 4 months, while certain imported bricks costing P42,000 per ton and have a life of 6 months, determine the more economical bricks and by how much per month.

A cement kiln with production capacity of 1200 tons per day (24 hours) of clinker has at its burning zone about 120 tons of magnetite chrome bricks being replaced periodically, depending on some operational factors and the life of the bricks. If locally produced bricks costs P37,000 per ton and have a life of 4 months, while certain imported bricks costing P42,000 per ton and have a life of 6 months, determine the more economical bricks and by how much per month.

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 30P

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