Answer:
7.78 minutes
Explanation:
Solving Mathematically this will be :
<em>Time for the 6th task = Time for 6 tasks - time for 5 tasks</em>
y = ax^b
where,
y is cumulative time required to produce x units
a is time required to produce first unit of the output
x is the number of units under consideration
b is the log of Learning Curve % divided by 2
therefore,
Time for 6 tasks = 11.23 minutes × 6 tasks
= 67.38 minutes
Time for 5 tasks = 11.92 minutes × 5 tasks
= 59,60 minutes
Time for the 6th task = 67.38 minutes - 59,60 minutes
= 7.78 minutes
<u>Conclusion :</u>
She need 7.78 minutes to complete the 6th task
Answer:
Liability will be $2,030,412
Explanation:
We need to calculate the present value of future cash flows in order to determine the liability value.
Liability to be recored = PV of $200,000 payment for 10 years at 6% + PV of $1,000,000 at the end of year 10 at 6%
As we know the payment of $200,000 for 10 years is the annuity payment.
Liability to be recored = $200,000 x ( 1 - ( 1 + 6% )^-10 /6% + ( $1,000,000 x ( 1 + 6% )^-10
Liability to be recored = $1,472,017.41 + $558,394.78 = $2,030,412.18
Answer:
a) Average Cost per unit = $63 / unit
b) Cost per unit below break point = $ 70 / unit
c) Marginal Cost for 650th Unit = $35 / unit
Explanation:
a) To calculate average cost per unit, we simply divide the total cost for the month $31500 by the total units shipped this month 500 units.
Average cost p.u = 31500 / 500 = $63 / unit
b) The breaking point is at 400 units. The cost for initial 400 units is twice that of the additional units after 400. So, we can say that in this case of 500 units, it takes 2x cost to test initial 400 units while x to test the later 100 units.
Thus,
- 31500 = 400 * 2x + 100 * x
So, plugging 35 in place of x,
the cost per unit below cost break = 2 * 35 = $70 / unit
c) Marginal cost of 650th unit is simply x that is $35 / unit
Answer:
1. Option (e) is correct.
2. Option (e) is correct.
Explanation:
(a) Weighted-average unit contribution margin:
= (Unit selling price of plain - plain's variable cost) × 60% + (Unit selling price of fancy - fancy's variable cost) × 40%
= (20 - 12) × 60% + (35 - 24.50) × 40%
= $4.8 + $4.2
= $9
(b) Break even sales:
= Annual fixed expenses ÷ Weighted-average unit contribution margin
= 45,000 ÷ 9
= 5,000
Answer:
Option (A) is correct.
Explanation:
Following will be the definitions :
Efficiency = (Actual output ÷ Effective capacity) × 100
Utilization = (Actual output ÷ Design capacity) × 100
Therefore,
Efficiency of the system:
= (950 ÷ 1050) × 100
= 90.47% ( 90.5% rounded to one decimal point)
Utilization
:
= (950 ÷ 1,200) × 100
= 79.16% ( 79.2% rounded to one decimal point)