"A company currently operates its flour mill 6 days per week
(Monday through Saturday).
Flour sells for $24.17 per hundredweight (cwt) and the company
purchases wheat at a price of $4.76 per bushel. 2.56 bushels of
wheat are required per cwt of flour.
Fixed costs are currently $7,228 per day of operation. The labor
cost of mill operations is $0.60 per cwt.
If the company decides to operate on Sunday, the labor cost of
Sunday operations increases to $1.07 per cwt. If the mill were to
operate on Sunday, the fixed cost on Sunday would increase by
$793.
If the company decides to operate 7 days a week, what is the weekly
break-even volume in terms of cwt? Assume the same amount of flour
is produced in each day of the week.
HINT: You need to calculate the average daily variable cost for
labor for a 7-day operation."
"A company currently operates its flour mill 6 days per week (Monday through Saturday). Flour sells...
The Goodparts Company produces a component that is subsequently used in the aerospace industry. The component consists of three parts (A, B, and C) that are purchased from outside and cost 40, 35, and 15 cents per piece, respectively. Parts A and B are assembled first on assembly line 1, which produces 155 components per hour. Part C undergoes a drilling operation before being finally assembled with the output from assembly line 1. There are in total six drilling machines,...
i need help with d-1 d-2 and e please! Problem 7-15 Chec The Goodparts Company produces a component that is subsequently used in the aerospace industry. The component consists of three parts (A, B, and C) that are purchased from outside and cost 35, 30, and 10 cents per piece, respectively. Parts A and B are assembled first on assembly line 1, which produces 110 components per hour. Part C undergoes a drilling operation before being finally assembled with the...