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A certain Batch manufacturing plant requires one operator to tend to 2 semiautomatic machines used in production. The plant operates one 10-hour shift per
A certain Batch manufacturing plant requires one operator to tend to 2 semiautomatic machines used in production. The plant operates one 10-hour shift per day for 250 days in a year. The operator is paid $30 per hour with applicable factory labor overhead rate of 50%. Other pertinent information about the system in include the information provided below. Determine the hourly cost of the system. (30 points) Machine 1 Machine 2 Initial cost $125,000 $150,000 Installation $10,000 Yearly maintenance cost $5000 $5000 $3000 SL 10 years SV $5000 8 years $10,000 ROR 20% Applicable MOHR 30% 20% 50%
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