Two people developed first-cut cost estimates to construct a new 130,000 square foot building on a university campus. Person A applied a generalpurpose per unit cost estimate of $180 per square foot for the estimate. Individual B was more specific: she used the area estimates and per unit cost factors shown below. (a) What are the cost estimates developed by the two people? (b) What is the percent increase between the lower and higher cost estimates? Type of Usage Area, % Cost per ft2, $ Classroom 30 125 Laboratory 40 185 Offices 30 110 Furnishings—labs 25 150 Furnishings—all others 75 25

Q: Alpha Associates has the following details: Fixed cost = $20,00,000 Variable cost per unit = $ 100…

A: Following are the given values: FC = $2000000VC = $100Price = $200Quantity = 60000

Q: The total cost (in dollars) of manufacturing x auto body frames is C(x)= 70,000 + 800x. (A) Find the…

A: Answer to the question is as follows:

Q: The cost of constructing an 8000 ft2 warehouse was $400,000. The ENR construction cost index was…

A: According to the question, the information given is the index (ENR) of the cost of the production of…

Q: The company you work for currently allocates insurance costs on the basis of cost per direct labor…

A: For department A: Rate direct labor hour(R) can be calculated as follows:

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: An implicit cost is another name for a(n):     Explicit cost     Production cost     Economic…

A: Option D Implicit cost is a cost to a business that occurs due to the cost of resources that were…

Q: Estimate the cost in 2011 of chemical processing equipment if the cost of a unit one-fourth its size…

A: Cost of ¼ of its size C1 = $60,000 in 2005 Exponent factor = 0.24

Q: The total cost for a production plant that supplies hydrogen to the refining industry is estimated…

A: a) Following information is given: Equipment cost = $17.8 million Total estimated cost = $55.4…

Q: Identify the following cost elements as first-cost (FC) components or annual operating cost (AOC)…

A: Fixed cost is the cost that occurs one time in the production process. On the other hand, annual…

Q: The Vera Molding company has two alternatives for meeting a customer requirement for 10,500 units of…

A: Using this, we have to arrive at the break even quantity.

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: 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: In Benefit/cost ratio analysis, if the salvage value is used to recover the first cost, it is being…

A: Answer - Given in the question- In Benefit/cost ratio analysis, if salavage value is used to recover…

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: 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: 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: During a major expansion in 2004, Douwalla’s Import Company developed a new processing line for…

A: * SOLUTION :-

Q: Nicole is an engineer on temporary assignment at a refinery operation in Seaside. She has reviewed a…

A: (a) Cost estimate is given as $430000 and equipment is itself estimated at $250000. Here,…

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: 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: How many books will a publisher have to sell to breakeven if fixed costs are $100,000, the selling…

A: The Break-even point is that level of output, beyond which the producer starts earning supernormal…

Q: C = 140,000 p − 1400 (a) Find the rate of change of cost with respect to p when impurities account…

A: Industrial economics is the study and appraisal of business financial issues utilising abstract…

Q: C� = 2.38 - 0.006153Q� + 0.000005359Q2�2 + 19.2X1�1     (2.86)   (3.08)   (3.68)   (2.96)   where C�…

A: The variable Q and Q2 are statistically significant in explaining variations in the average…

Q: The equipment cost for removing arsenic from a well that delivers 800 gallons per minute is $1.8…

A: Given:- The equipment cost is given as $1.8 million or $1,800,000 The overall cost factor is 2.25.…

Q: The Audubon Society at Enormous State University (ESU) is planning its annual fund-raising…

A: Price per serving of pasta (P) = 55 cents or $0.55 Cost of pasta per serving = 17 cents or $0.17…

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: A call center in India used by U.S. and U.K. credit card holders has a capacity of 1,500,000 calls…

A: Given, Total capacity of call annually = 1,500,000 Total fixed cost = $ 850,000 Average variable…

Q: The cost of a 68 m2 falling-film evaporator was 1.65 times the cost of the 30 m2 unit. What exponent…

A: The cost capacity factor can be calculated by using the following formula:

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: An understanding of the underlying behavior of costs helps in all of the following EXCEPT:…

A: Any firm has to incur costs when undertaking the production of a commodity or a service. The costs…

Q: The delivered equipment cost for a fully equipped CNC machining system is $1.6 million. The direct…

A: a.) The delivered equipment cost can be calculated as follows: Thus, the delivered equipment cost…

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: Required information The delivered-equipment cost for a fully equipped CNC machining system is $4.8…

A: Given:-Equipment cost=$4.8 millionDirect cost factor=1.52Indirect cost factor=0.43Please find…