Question

Question 2 -of 15 Step 1 of 1No Time LimitA company manufactures two products. One requires 5 hours of labor, 3 poundsof raw materials, and costs $70.80 each to produce. The second product requires3.5 hours of labor, 13 pounds of raw materials, and costs $176.00 each toproduce. Find the cost of labor per hour and the cost of raw materials per pound.(Assume the same labor and raw materials are used in the production of theseproducts.)Answer How to enter your answer (opens in newwindow)KeypadKeyboard Shortcuts2 PointsCost of labor per hour: $Cost of raw materials per pound: $

Answer 1

the cost of labour per hour is $7.20

the cost of raw materials per pound is $11.60

Explanation:

For product one:

time = 5 hours of labour

let the cost labour per hour = x

Amount = 3 pounds of raw amterials

let the cost of one pound raw material = y

Cost to produce each product = $70.8

The equation:

time (cost per hour) + amount (cost of one pound of raw material) = Cost to produce each product

5(x) + 3(y) = 70.80

$5x+3y=70.8....\mleft(1\mright)$

For product 2:

time = 3.5 hours of labour

let the cost of labour per hour = x

Amount = 13 pounds of raw amterials

let the cost of one pound raw material = y

Cost to produce each product = $176.00

The equation:

time (cost per hour) + amount (cost of one pound of raw material) = Cost to produce each product

3.5(x) + 13(y) = 176

$3.5x+13y=176\text{ .... (2)}$

combining both equations:

5x + 3y = 70.8 ...(1)

3.5x + 13y = 176 ....(2)

Using elimination method:

To eliminate y, we will multiply equation (1) by 13 and equation (2) by 3 so that both coefficient of y become the same

65x + 39y = 920.4 ...(*1)

10.5x + 39y = 528 ...(2*)

subtract equation (2*) from (1*):

65x - 10.5x + 39y - 39y = 920.4 - 528

54.5x + 0 = 392.4

54.5x = 392.4

divide both sides by 54.5:

x = 392.4/54.5

x = 7.2

substitute for x in any of the equations

Using equation 1: 5x + 3y = 70.8

$\begin{gathered} 5\mleft(7.2\mright)+3y=\text{ 70.8} \\ 36\text{ + 3y = 70.8} \\ 3y\text{ = 70.8 - 36} \\ 3y\text{ = 34.8} \\ \\ \text{divide both sides by 3:} \\ \frac{3y}{3}=\frac{34.8}{3} \\ y\text{ = }11.6 \end{gathered}$

Hence, the cost of labour per hour is $7.20 and the cost of raw materials per pound is $11.60