Multiple Choice Question 185 A patent a. is nonrenewable. b. is rarely subject to litigation because it is an exclusive right. c
1 answer:
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Answer:
A) 40
Explanation:
The chart is not very clear, but the information included is:
- it takes four hours to produce one shirt
- it takes two hours to produce one pair of socks
If the total number of labor hours is 80, then the maximum number of socks produced will = 80 hours / 2 hours per pair of socks = 40 pairs of socks
The total number of shirts produced would be 20.
Cost of machine = $1,000
= 
= $1,492.11
)= 
= $75.13
Total NPV = -1000+1492.11+75.13 = $567.24 ≈ $567
Total NPV = -1000+1492.11+75.13 = $567.24 ≈ $567