The Abendigo Division of Block C Enterprises recently redesigned the work that produces halon nozzles for marine applications. The cost of the new equipment is $385000; the equipment is expected to have a useful life of 9 years. The workstation requires 3 workers who are paid an hourly wage of $24. The overhead rate for the workstation is $16 per hour and the material costs for the workstation are $84 per hour. Currently the workstation produces 155 halon nozzles per hour and the hourly revenue is estimated to be $220. Calculate the hours per year that this workstation must operate to show a profit of $25000. 1366 hours 1389 hours 1412 hours
The Abendigo Division of Block C Enterprises recently redesigned the work that produces halon nozzles for marine applications. The cost of the new equipment is $385000; the equipment is expected to have a useful life of 9 years. The workstation requires 3 workers who are paid an hourly wage of $24. The overhead rate for the workstation is $16 per hour and the material costs for the workstation are $84 per hour. Currently the workstation produces 155 halon nozzles per hour and the hourly revenue is estimated to be $220. Calculate the hours per year that this workstation must operate to show a profit of $25000. 1366 hours 1389 hours 1412 hours
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
Help me fast so that I will give Upvote.
Transcribed Image Text:The Abendigo Division of BlockC Enterprises recently redesigned the workstation
that produces halon nozzles for marine applications. The cost of the new equipment
is $385000: the equipment is expected to have a useful life of 9 years. The
workstation requires 3 workers who are paid an hourly wage of $24. The overhead
rate for the workstation is $16 per hour and the material costs for the workstation
are $84 per hour. Currently the workstation produces 155 halon nozzles per hour
and the hourly revenue is estimated to be $220. Calculate the hours per year that
this workstation must operate to show a profit of $25000.
1366 hours
1389 hours
1412 hours
1435 hours
1680 hours
1706 hours
1733 hours
1759 hours
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.