The quarrying cost of marble and granite blocks plus delivery cost to the processing plant for each is P 2,400 per cubic meter. Processing cost of marble into tiles is P 200 per sq.m, and that of granite into tiles is P 600 per sq.m. If marble has a net yield of 40 sq.m. of tiles per cu.m. of block and sells at P 400 per sq.m., and granite gives a net yield of 50 sq.m. of tiles per cu.m. of block, and sells at P1,000 per sq.m., determine the more profitable material considering all other costs to be the same, and by how much?

The quarrying cost of marble and granite blocks plus delivery cost to the processing plant for each is P 2,400 per cubic meter. Processing cost of marble into tiles is P 200 per sq.m, and that of granite into tiles is P 600 per sq.m. If marble has a net yield of 40 sq.m. of tiles per cu.m. of block and sells at P 400 per sq.m., and granite gives a net yield of 50 sq.m. of tiles per cu.m. of block, and sells at P1,000 per sq.m., determine the more profitable material considering all other costs to be the same, and by how much?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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The quarrying cost of marble and granite blocks plus delivery cost to the processing
plant for each is P 2,400 per cubic meter. Processing cost of marble into tiles is P 200
per sq.m, and that of granite into tiles is P 600 per sq.m.
If marble has a net yield of 40 sq.m. of tiles per cu.m. of block and sells at P
400 per sq.m., and granite gives a net yield of 50 sq.m. of tiles per cu.m. of block, and
sells at P1,000 per sq.m., determine the more profitable material considering all other
costs to be the same, and by how much?

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