Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

5. A machine part requires the making of several holes In each piece. Two methods are available. The first consists of laying out the position

image text in transcribed
5. A machine part requires the making of several holes In each piece. Two methods are available. The first consists of laying out the position of the holes with dividers and a center punch and the drilling. In this method, a workman, who is paid P28.00 per hour, can complete 2 pieces per minute. The other method is to make a drill jig costing P3,000 for use in drilling the holes. By this method, a workman, who is paid P24.00 per hour, can complete 6 pieces per minute. All other costs are the same for both methods. a. Determine the comparative costs for making 24, 000 pieces. Assume that the cost of the drill Jig is charged to this operation. b. Determine the number of pieces that will have to be made so that the costs will be the same for both methods

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Capitalism Its Fall And Rise In The Twentieth Century

Authors: Jeffry Frieden

1st Edition

039332981X, 9780393329810

More Books

Students also viewed these Economics questions

Question

Understand employee mentoring

Answered: 1 week ago

Question

Appreciate the importance of new-employee orientation

Answered: 1 week ago