The monthly demand for ice cans being manufactured being manufactured by Mr. Cruz is 3,500 pieces. With a manually operated guillotine, the unit cutting cost is P25.00. If an automatic hydraulic guillotine at a price of P305,000 is being used he will cut by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Cruz be able to recover the cost of the machine if he decides to buy now? a. 65 months b. 12.20 months c. 10.76 months d. 16.12 months
The monthly demand for ice cans being manufactured being manufactured by Mr. Cruz is 3,500 pieces. With a manually operated guillotine, the unit cutting cost is P25.00. If an automatic hydraulic guillotine at a price of P305,000 is being used he will cut by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Cruz be able to recover the cost of the machine if he decides to buy now? a. 65 months b. 12.20 months c. 10.76 months d. 16.12 months
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The monthly
a. 65 months
b. 12.20 months
c. 10.76 months
d. 16.12 months
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