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What is the total variable cost (Labor +Plastic+Bearing) for each spinner produced on Production line 2? input Amount of Input Cost Labor 6 laborers working
What is the total variable cost (Labor +Plastic+Bearing) for each spinner produced on Production line 2? input Amount of Input Cost Labor 6 laborers working 8 hours per day $15 per hour + 30% for costs and benefits Plastic 0.35 pounds of plastic per spinner $0.38 per pound Bearing 1 per spinner $0.12 each Production Line 2: Capacity is 5,000 Spinners per 8 hour day. The company operates 250 days per year. Input Amount of Input Cost Labor 5 laborers working 8 hours per day $15 per hour + 30% for costs and benefits Plastic 0.30 pounds of plastic per spinner $0.38 per pound Bearing 1 per spinner $0.12 each Other Costs: Management Costs are $480,000 per year. Other fixed costs are $360,000 per year. This is the capital costs of the equipment, the building, repair and maintenance
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