A Laser cutting machine is costed on a machine hour rate basis. On the basis of the given information determine the cost for running the machine for 45 hours to complete a specific customer order. Select your answer (to the nearest £1) from A to E below. Time used (for this specific order) Power cost of machine 45 hours £2-00 per hour Depreciation and annual running costs (including labour) £350,000 per year The expected running time of the machine is 235 days per year with two 7.5 hour shifts each day. £4558 £3998 £9026 £4468 £8936
A Laser cutting machine is costed on a machine hour rate basis. On the basis of the given information determine the cost for running the machine for 45 hours to complete a specific customer order. Select your answer (to the nearest £1) from A to E below. Time used (for this specific order) Power cost of machine 45 hours £2-00 per hour Depreciation and annual running costs (including labour) £350,000 per year The expected running time of the machine is 235 days per year with two 7.5 hour shifts each day. £4558 £3998 £9026 £4468 £8936
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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