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Calculate the unit cost of a product if the material cost is $3 per unit, labor is $5 per unit, and overhead is calculated at a rate of 150% of labor. The first cost of the equipment needed for production is $50,000, with a life of 12 years and a salvage value of $4,000. Five thousand units per year are required. ROI is 15%. Annual operating costs of $1,000 per year are also required. What is the unit cost?
Since 2005, the production of oil in the USA has increased dramatically The price of oil has fallen from $70 per barrel to $45 per barrel. This additional production has been very expensive, with operating cost around $55 per barrel to produce. From ..
a design-build engineering firm completed a pipeline project wherein the company realized a profit of 2.3 million in 1
If she has to eat only whole servings, what will she have for breakfast, and how many calories will she consume? If she can eat partial servings, how would your answer differ?
Explain how are presidential election outcomes related to the performance of the economy. What are the major factors that have affected U.S. household consumption since the recession in 2001.
she estimates that she can produce and sell an extra 1,400 hamburgers per day by keeping the restaurant open for three more hours per day at a cost of $50 per hour. Which of these two alternative ways of increasing output should sh..
A number of people have argued for a flat tax with each person getting a personal exemption of, say, $10,000, meaning that they pay zero tax on the first $10,000 of income and then 20% on all income above that. Is such a flat tax progressive, proport..
Employee evaluations require a strong set of job descriptions, as well as a proactive communication system from managers who give timely feedback to their employees about performance issues as they arise. What should this kind of evaluation system lo..
It’s your 1st yr in college and you have agreed to loan a friend you met $3,000, which your friend will pay you back for at the end of your 4 years. How much will your friend pay you at the end of the 4 years? How much would this annual payment be at..
The timeline should also reflect that it costs $2,000 for the loan origination fees. 4. What is the rate of return on your investment now? use excel.
Defenders of communist economic systems may point out that consumers pay lower prices for certain goods because the government imposes a limit. Cite at least two other ways which consumers may be paying for these goods
What phrase best describes medical care spending in the United States? Which of the following will not change the demand for office visits to the physician? The dead-weight loss from an excise tax. Supply curves are positively-sloped because of
Now consider the following information for the U.S.: During 2014, consumption expenditures increased by $20.5 billion, gross private domestic investment declined by $8.8 billion, and government expenditures increased by $14.4 billion. In addition, th..
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