Conny has found a new material to work with. It's a 17.9% price reduction of his original raw materials that cost $258.07. However, the new material is more delicate and he can not work as fast. This means He must work an extra 5 hours for one piece. Conny charges $20 per hour. How much will Conny be saving if he uses this new material?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Conny has found a new material to work with. It's a 17.9% price reduction of his
original raw materials that cost $258.07. However, the new material is more
delicate and he can not work as fast. This means He must work an extra 5 hours
for one piece. Conny charges $20 per hour. How much will Conny be saving if he
uses this new material?
Transcribed Image Text:Conny has found a new material to work with. It's a 17.9% price reduction of his original raw materials that cost $258.07. However, the new material is more delicate and he can not work as fast. This means He must work an extra 5 hours for one piece. Conny charges $20 per hour. How much will Conny be saving if he uses this new material?
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