Identify the following cost elements as first-cost (FC) components or annual operating cost (AOC) components for a piece of equipment in a chemical processing plant: rent, direct labor, equipment overhaul, overhead, supplies, insurance, equipment cost, utility cost, installation, delivery charges, salaried personnel, and periodic safety training.

Q: Oil spill cleanup costs for a nation or region can be estimated by taking the average cost for the…

A: Given:Base Cost: 23.100Oil type factor: 1.35Location type factor: 0.65Cleanup method factor:…

Q: A chemical engineer at Tesoro Refining estimated the total cost for a diesel fuel desulfurization…

A: The cost factor technique can be used to determine the equipment cost. Cr=hCE Where, Cr= Estimated…

Q: The Department of Defense uses area cost factors (ACFs) to compensate for differences in…

A: Cost in H and M regions (CH) is $2.19. cost in M and A region (CM) is $0.83. cold storage cost in M…

Q: A certain seed and fertilizer company compiled the following estimates for its operations. Capacity…

A: The total amount of money received from the sale of goods or services connected to a business's main…

Q: Cost functions are derived from

A: # Cost function is a representation which helps in predicting the cost of good or service with…

Q: If the total fixed cost is given as $320 And the total variable cost is given as $ 480 What would be…

A:

Q: Two people developed first-cut cost estimates to construct a new 130,000 square foot building on a…

A: a. The total cost of construction for A (TCA) can be calculated as follows: The total cost of…

Q: Estimate the cost of a 0.75 million gallon per day (MGD) induced-draft packed tower for…

A:

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: The cost of an electrode position control system in an electric arc furnace was $16,000 when the…

A: The cost of arc furance = $16000 Exponent  = 0.65

Q: The cost for construction of a desulfurization system for flue gas from boilers at a 600 MW power…

A: The given information: Cost (C1) = $250 million Correlation exponent (x) = 0.67 New Cost (C2) = $55…

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: Bags Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200…

A: Break-even Analysis- Breakeven is the point at which a firm must cover its costs of production.…

Q: Eight years ago when the relative cost index was 60, a 10 MW power generation facility cost $5M to…

A: We have, 8 years ago Index, 11 60 Today's Index, 12 = 110 8 years ago Cost, C1 = $5 million Power…

Q: A study of 86 savings and loan associations in six northwestern states yielded the following cost…

A: A cost function is a functional relationship between cost and output.It can be expressed as, where C…

Q: The delivered equipment cost for setting up a production and assembly line for two-way floating ball…

A: In this particular question, we are required to find cost estimate. One method of doing this is…

Q: Determine the Total revenue if the explicit cost is $350 and the Implicit cost is $180.

A: Explicit cost is determined to be as the out of the pockets cost which basically requires an outflaw…

Q: A mini-wind tunnel for calibrating vane or hotwire anemometers costs $3750 in 2011 when the Marshall…

A: Cost estimation using capacity is given as: Ct = C0 (Q1/Q0)x (It/I0) Where, Ct = cost estimation at…

Q: Hilton Enterprises sells a product for $119 per unit. The variable cost is $68 per unit, while fixed…

A: Break-even analysis entails calculating and examining the margin of safety for an entity based on…

Q: Which of the following costs would not be included as part of manufacturing overhead? (A) supplies…

A: Manufacturing overhead is all secondary expenditures incurred throughout the production process.…

Q: The IT department allocates indirect costs to user departments on the basis of CPU time at the rate…

A: Indirect cot (IC) is $2,000 per second. First department usage (FD) is 900 seconds. Second…

Q: The cost for constructing a small building in 1999 was $700,000. The construction cost index was…

A: The estimated cost can be calculated as follows:

Q: A chemical engineer at Western Refining estimated the total cost for a diesel fuel desulfurization…

A: The cost factor technique can be used to determine the equipment cost.