Cans are made in a process with two resources. The first resource has a capacity of 5.6 cans per hour. The capacity of the second esource is 4.5 cans per hour. The first resource has 1 worker and the second resource has 3 workers. Demand for this process is 3.1 cans per hour. Wages are $10 per hour. What is the cost of direct labor (in $)? Note: Round your answer to 2 decimal places. > Answer is complete but not entirely correct. 3.73 per unit Cost of direct labor $

Cans are made in a process with two resources. The first resource has a capacity of 5.6 cans per hour. The capacity of the second esource is 4.5 cans per hour. The first resource has 1 worker and the second resource has 3 workers. Demand for this process is 3.1 cans per hour. Wages are $10 per hour. What is the cost of direct labor (in $)? Note: Round your answer to 2 decimal places. > Answer is complete but not entirely correct. 3.73 per unit Cost of direct labor $

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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