a. What is the cost of labor and equipment per kilogram, in pesos? b. What is the cost of materials per kilogram, in pesos? c. What is the unit cost of the project per kilogram, in pesos?

1. In the Philippine set up, what makes up the cost of labor? Describe each. 2. Define Production rate. Cite examples based on your daily activities. 3. What are the considerations when computing equipment cost. Describe each.

3. An aircraft manufacturer uses 1,000,000 special rivets per year at a uniform rate. The rivets are made on a single-spindle automatic screw machine at the rate of 3,000 per hour. The manufacturing cost is $0.0052 per rivet and the storage cost is estimated to be $0.0008 per rivet per year. The set-up cost is $40 per set-up. Calculate the economic production quantity and the allow- able variation in this quantity for a maximum deviation from the minimum cost of 5%. Assume the machine operates 1,700 hours per year,

35 of 35 Estimating Cost And Valuation Save Calculate the annual percentage depreciation of a machine using the constant percentage method, if purchasing cost is Rs. 12,000 and scrap value is Rs. 3,000 and the life of the machine is 8 years.