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m = 2000 6. A steel pipe manufacture has installed a seam welder for making ERW pipe. The welder is being used to make a

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m = 2000 6. A steel pipe manufacture has installed a seam welder for making ERW pipe. The welder is being used to make a 40-foot-long, 18-inch diameter pipe with the wall thickness of 1/4". The material cost is $2000 for a 40-foot length of pipe. The cost of the welder was $1.8 million. The anticipated life of the equipment is 10 years. Overhead cost (rate) for the welder is 30%. The welder is operated for 16 hours per day, six (6) days a week and 50 weeks per year. Tooling cost for the C. - 18 million welder is $500 and the tooling must be changed out after 20 hours of operation. It takes five (5) minutes to change out the tooling. The actual processing time - 10yrs per length of pipe is 20 minutes and it takes 10 minutes to change out the pipe. The average operator rate is $24 an hour. Row = 30% C. = 16 his * A. (10 points) Calculate the cost rate for the equipment. 6 days B. (10 points) Calculate the number of 40 foot lengths of pipe that are produced 50 vleeks per year. ons C. (10 points) Calculate the cost per length of pipe assuming that the scrap rate changed to his is 1% of pipe produced. m = 2000 6. A steel pipe manufacture has installed a seam welder for making ERW pipe. The welder is being used to make a 40-foot-long, 18-inch diameter pipe with the wall thickness of 1/4". The material cost is $2000 for a 40-foot length of pipe. The cost of the welder was $1.8 million. The anticipated life of the equipment is 10 years. Overhead cost (rate) for the welder is 30%. The welder is operated for 16 hours per day, six (6) days a week and 50 weeks per year. Tooling cost for the C. - 18 million welder is $500 and the tooling must be changed out after 20 hours of operation. It takes five (5) minutes to change out the tooling. The actual processing time - 10yrs per length of pipe is 20 minutes and it takes 10 minutes to change out the pipe. The average operator rate is $24 an hour. Row = 30% C. = 16 his * A. (10 points) Calculate the cost rate for the equipment. 6 days B. (10 points) Calculate the number of 40 foot lengths of pipe that are produced 50 vleeks per year. ons C. (10 points) Calculate the cost per length of pipe assuming that the scrap rate changed to his is 1% of pipe produced

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