FEMA (Federal Emergency Management Agency) has ordered 25 specialized test units capable of field checking 15 separate elements in potable water inemergency situations. Thompson Water Works, Inc., the contractor, took 200hours to build the first unit. If direct and indirect labor costs average $50 perhour, and an 80% learning rate is assumed, estimate (a) the time needed to complete units 5 and 25, and (b) the total labor cost for the 25 units.

Q: A publisher for a promising new novel figures fixed cost (overhead advances promotion copy editing…

A: Total cost is the sum of fixed cost and variable cost.  Fixed cost are the cost that doesn't change…

Q: A corn refining company produces corn gluten cattle feed at a variable cost of ​$83  per ton. If…

A: The profit function is a mathematical equation that determines a company's total income after all…

Q: A company produces two types of solar panels per year: x thousand of type A and y thousand of type…

A: Answer: Given, Revenue function: Rx,y=3x+4y Cost function: Cx,y=x2-2xy+6y2+5x-28y-9 Profit= Revenue…

Q: If QD = 20 - p and QS a) $108 b) $72 c) $60 d) $36 = -4+2p, then variable cost is:

A: Equilibrium in the economy is reached where demand is equal to supply.

Q: Break-Even Point Hilton Enterprises sells a product for $62 per unit. The variable cost is $42 per…

A: The two primary types of costs that a corporation incurs when producing goods and services are…

Q: The equipment for applying specialty coatings that provide a high angle of skid for the paperboard…

A: The overall cost factor (OCF) is 3.96. Delivery cost (DC) is $390,000. The total plant cost (TPC)…

Q: Company A has fixed expenses of $15,000 per year and each unit of product has a $0.20 variable cost.…

A: Break even is the point where the cost of producing by one is equal to the cost of producing by…

Q: ABS engineering decided to build and new factory to produce electrical parts for computer…

A: Fixed Cost is the cost for any firm or business that is fixed in nature and can not increases or…

Q: If the cost of an imported high-speed assemblyline robot is $80,000 and the in-country cost for one…

A: The cost of the robot (CR) is $80,000. The cost of new robot (CNR) is $120,000. The new robot’s…

Q: Given that the relationship between the sales price for one of a company’s products and the quantity…

A: The total income is the amount of money received after all quantities are sold at the going rate.…

Q: The Country Fields Retirement Community charges $6000/month for a single senior citizen to reside in…

A: Answer: Given, The community charges $ 6000/month for a single senior citizen. Let the number of…

Q: A building contractor can source door frames from either a nearby shop or a far-off forest area. The…

A: Solution:-  Total reqquirent of wood = 75 tonnes For Nearby Shop:-    Material cost/ton = $2,000…

Q: A marginal cost fiction C'(q) is given in the figure below. If the fixed costs are $10,000,…

A: Marginal cost is defined as the cost of producing an additional unit of the output. Marginal cost is…

Q: Two automatic systems for dispensing maps are being compared by the state highway department. The…

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Preliminary plans are under way for the construction of a new stadium for a major league baseball…

A: The break-even point is the point at which total cost and total revenue are equal. It shows the…

Q: Sally Statistics is implementing a system of statistical process control (SPC) charts in her factory…

A: Using Wright's cumulative average model: When 75% of learning curve in statistical process control…