The last unit cost to build.

Question

Want to see more full solutions like this?

Answer 1

Question

Chapter 6, Problem 10OQ

a)

Summary Introduction

To determine: The last unit cost to build.

a)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the last unit (22^nd unit) cost to build:

Labor learning rate=3,2004,000=80%

Material learning rate=21,00030,000=70%

Labor cost for 22nd unit=4,000×0.3697×$18=$26,618.40

Machine cost for 22nd unit=30,000×0.2038=$6,114.00

Total amount for 22nd unit=$26,618.40+$6,114.00=$32,732.40

Hence, the last unit cost is $32,732.40.

b)

Summary Introduction

To determine: The average time for the 20 missile guidance controls.

b)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the average time for the 20 missile guidance controls:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor time=Labor time for 20 more units20=37,72020=1,886 hours

c)

Summary Introduction

To determine: The average cost for guidance control for the 20 in the contract.

c)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine average cost for guidance control for the 20 in the contract:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor cost=Labor time for 20 more units20×$18=37,72020×$18=$33,948

Material cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Material cost forfirst unit)=(7.819−1.700)×$30,000=$183,570

Average cost=Material cost for 20 more units20=$183,57020=$9,178.50

Determine the average total cost:

Average total cost=Average labor cost+Average material cost=$33,948+$9,178.50=$43,126.50

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Students have asked these similar questions

View the video Noodles & Company (8.28minutes, Ctrl + Click on the link); what are your key takeaways (tie to one or more of the topics discussed in Chapters 7 & 7S – service process design, type of job design, methods analysis, work methods, job design, learning curve effect, etc.) after watching this video. https://media.gaspar.mheducation.com/GASPARPlayer/play.html?id=E5i8OKgpqhwywhgFmpp1bmM Note: As a rough guideline, please try to keep the written submission to one or two paragraphs. 2) Leland, the job analyst at Zevo Toys, wanted to perform a time study on the assembling of toys. He observed one of the workers, Magorium, for five hours. During that time, Magorium assembled 250 toys. Leland rated Magorium as performing at 110 percent. The allowance for rest, personal time, etc. at Zevo Toys is 12 percent. a) Compute the normal time for the job. b) Compute the standard time for the job. Note: You could work out the problem by hand or use excel; in chapter 7,…

1) Noodles & Company View the video Noodles & Company (8.28minutes, Ctrl + Click on the link); what are your key takeaways (tie to one or more of the topics discussed in Chapters 7 & 7S – service process design, type of job design, methods analysis, work methods, job design, learning curve effect, etc.) after watching this video. https://media.gaspar.mheducation.com/GASPARPlayer/play.html?id=E5i8OKgpqhwywhgFmpp1bmM Note: As a rough guideline, please try to keep the written submission to one or two paragraphs. 2) Leland, the job analyst at Zevo Toys, wanted to perform a time study on the assembling of toys. He observed one of the workers, Magorium, for five hours. During that time, Magorium assembled 250 toys. Leland rated Magorium as performing at 110 percent. The allowance for rest, personal time, etc. at Zevo Toys is 12 percent. a) Compute the normal time for the job. b) Compute the standard time for the job. Note: You could work out the problem by hand or use…

An investigation of career development opportunities and job satisfaction at

Answer 2

Question

Chapter 6, Problem 10OQ

a)

Summary Introduction

To determine: The last unit cost to build.

a)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the last unit (22^nd unit) cost to build:

Labor learning rate=3,2004,000=80%

Material learning rate=21,00030,000=70%

Labor cost for 22nd unit=4,000×0.3697×$18=$26,618.40

Machine cost for 22nd unit=30,000×0.2038=$6,114.00

Total amount for 22nd unit=$26,618.40+$6,114.00=$32,732.40

Hence, the last unit cost is $32,732.40.

b)

Summary Introduction

To determine: The average time for the 20 missile guidance controls.

b)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the average time for the 20 missile guidance controls:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor time=Labor time for 20 more units20=37,72020=1,886 hours

c)

Summary Introduction

To determine: The average cost for guidance control for the 20 in the contract.

c)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine average cost for guidance control for the 20 in the contract:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor cost=Labor time for 20 more units20×$18=37,72020×$18=$33,948

Material cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Material cost forfirst unit)=(7.819−1.700)×$30,000=$183,570

Average cost=Material cost for 20 more units20=$183,57020=$9,178.50

Determine the average total cost:

Average total cost=Average labor cost+Average material cost=$33,948+$9,178.50=$43,126.50

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 3

Question

Chapter 6, Problem 10OQ

a)

Summary Introduction

To determine: The last unit cost to build.

a)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the last unit (22^nd unit) cost to build:

Labor learning rate=3,2004,000=80%

Material learning rate=21,00030,000=70%

Labor cost for 22nd unit=4,000×0.3697×$18=$26,618.40

Machine cost for 22nd unit=30,000×0.2038=$6,114.00

Total amount for 22nd unit=$26,618.40+$6,114.00=$32,732.40

Hence, the last unit cost is $32,732.40.

b)

Summary Introduction

To determine: The average time for the 20 missile guidance controls.

b)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the average time for the 20 missile guidance controls:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor time=Labor time for 20 more units20=37,72020=1,886 hours

c)

Summary Introduction

To determine: The average cost for guidance control for the 20 in the contract.

c)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine average cost for guidance control for the 20 in the contract:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor cost=Labor time for 20 more units20×$18=37,72020×$18=$33,948

Material cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Material cost forfirst unit)=(7.819−1.700)×$30,000=$183,570

Average cost=Material cost for 20 more units20=$183,57020=$9,178.50

Determine the average total cost:

Average total cost=Average labor cost+Average material cost=$33,948+$9,178.50=$43,126.50

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 4

Question

Chapter 6, Problem 10OQ

a)

Summary Introduction

To determine: The last unit cost to build.

a)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the last unit (22^nd unit) cost to build:

Labor learning rate=3,2004,000=80%

Material learning rate=21,00030,000=70%

Labor cost for 22nd unit=4,000×0.3697×$18=$26,618.40

Machine cost for 22nd unit=30,000×0.2038=$6,114.00

Total amount for 22nd unit=$26,618.40+$6,114.00=$32,732.40

Hence, the last unit cost is $32,732.40.

b)

Summary Introduction

To determine: The average time for the 20 missile guidance controls.

b)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the average time for the 20 missile guidance controls:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor time=Labor time for 20 more units20=37,72020=1,886 hours

c)

Summary Introduction

To determine: The average cost for guidance control for the 20 in the contract.

c)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine average cost for guidance control for the 20 in the contract:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor cost=Labor time for 20 more units20×$18=37,72020×$18=$33,948

Material cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Material cost forfirst unit)=(7.819−1.700)×$30,000=$183,570

Average cost=Material cost for 20 more units20=$183,57020=$9,178.50

Determine the average total cost:

Average total cost=Average labor cost+Average material cost=$33,948+$9,178.50=$43,126.50

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!

Answer 5

Chapter 6, Problem 10OQ

a)

Summary Introduction

To determine: The last unit cost to build.

a)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the last unit (22^nd unit) cost to build:

Labor learning rate=3,2004,000=80%

Material learning rate=21,00030,000=70%

Labor cost for 22nd unit=4,000×0.3697×$18=$26,618.40

Machine cost for 22nd unit=30,000×0.2038=$6,114.00

Total amount for 22nd unit=$26,618.40+$6,114.00=$32,732.40

Hence, the last unit cost is $32,732.40.

b)

Summary Introduction

To determine: The average time for the 20 missile guidance controls.

b)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the average time for the 20 missile guidance controls:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor time=Labor time for 20 more units20=37,72020=1,886 hours

c)

Summary Introduction

To determine: The average cost for guidance control for the 20 in the contract.

c)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine average cost for guidance control for the 20 in the contract:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor cost=Labor time for 20 more units20×$18=37,72020×$18=$33,948

Material cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Material cost forfirst unit)=(7.819−1.700)×$30,000=$183,570

Average cost=Material cost for 20 more units20=$183,57020=$9,178.50

Determine the average total cost:

Average total cost=Average labor cost+Average material cost=$33,948+$9,178.50=$43,126.50

Answer 6

Chapter 6, Problem 10OQ

a)

Summary Introduction

To determine: The last unit cost to build.

a)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the last unit (22^nd unit) cost to build:

Labor learning rate=3,2004,000=80%

Material learning rate=21,00030,000=70%

Labor cost for 22nd unit=4,000×0.3697×$18=$26,618.40

Machine cost for 22nd unit=30,000×0.2038=$6,114.00

Total amount for 22nd unit=$26,618.40+$6,114.00=$32,732.40

Hence, the last unit cost is $32,732.40.

Answer 7

Chapter 6, Problem 10OQ

a)

Summary Introduction

To determine: The last unit cost to build.

Answer 8

a)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the last unit (22^nd unit) cost to build:

Labor learning rate=3,2004,000=80%

Material learning rate=21,00030,000=70%

Labor cost for 22nd unit=4,000×0.3697×$18=$26,618.40

Machine cost for 22nd unit=30,000×0.2038=$6,114.00

Total amount for 22nd unit=$26,618.40+$6,114.00=$32,732.40

Hence, the last unit cost is $32,732.40.

Answer 9

a)

Expert Solution

Answer 10

a)

Expert Solution

Answer 11

Expert Solution

Answer 12

b)

Summary Introduction

To determine: The average time for the 20 missile guidance controls.

b)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the average time for the 20 missile guidance controls:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor time=Labor time for 20 more units20=37,72020=1,886 hours

Answer 13

b)

Summary Introduction

To determine: The average time for the 20 missile guidance controls.

Answer 14

b)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine the average time for the 20 missile guidance controls:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor time=Labor time for 20 more units20=37,72020=1,886 hours

Answer 15

b)

Expert Solution

Answer 16

b)

Expert Solution

Answer 17

Expert Solution

Answer 18

c)

Summary Introduction

To determine: The average cost for guidance control for the 20 in the contract.

c)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine average cost for guidance control for the 20 in the contract:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor cost=Labor time for 20 more units20×$18=37,72020×$18=$33,948

Material cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Material cost forfirst unit)=(7.819−1.700)×$30,000=$183,570

Average cost=Material cost for 20 more units20=$183,57020=$9,178.50

Determine the average total cost:

Average total cost=Average labor cost+Average material cost=$33,948+$9,178.50=$43,126.50

Answer 19

c)

Summary Introduction

To determine: The average cost for guidance control for the 20 in the contract.

Answer 20

c)

Expert Solution

Explanation of Solution

Given information:

It is given that first unit took 4,000 hours to complete and the cost for materials and equipment usage is $30,000. Second unit took 3,200 hours to complete and the cost for materials and equipment usage is $21,000. Labor cost is given as $18 per hour.

Determine average cost for guidance control for the 20 in the contract:

Labor cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Time to producefirst unit)=(11.230−1.800)×4,000=37,720

Average labor cost=Labor time for 20 more units20×$18=37,72020×$18=$33,948

Material cost for20 more units}=(Cumulative value for 22 units−Cumulative value for 2 units)×(Material cost forfirst unit)=(7.819−1.700)×$30,000=$183,570