Question
In: Advanced Math
An aircraft factory manufactures airplane engines. The unit cost C (the cost in dollars to make each airplane engine) depends on the number of engines made.
An aircraft factory manufactures airplane engines. The unit cost C (the cost in dollars to make each airplane engine) depends on the number of engines made. If x engines are made, then the unit cost is given by the function C(x)=0.1x^2 - 26 x 14,015 .How many engines must be made to minimize the unit cost? Do not round your answer.
Solutions
Colby Messinger answered 2 years agoRelated Solutions
An aircraft factory manufactures airplane engines. The unit cost C (the cost in dollars to make...
An aircraft factory manufactures airplane engines. The unit cost
C (the cost in dollars to make each airplane engine) depends on the
number of engines made. If x engines are made, then the unit cost
is given by the function C(x)=0.3x2-156x+37,629 .What is the
minimum unit cost? Do not round your answer.
Air Travel Inc. manufactures a wide variety of parts for commercial aircraft, including airplane engines. The...
Air Travel Inc. manufactures a wide variety of parts for
commercial aircraft, including airplane engines. The component is
purchased by OEM (Original Equipment Manufacturers) such as Boeing,
for use in the larger and more powerful outboards. The units sell
for $10,000, and sales volume averages 2,000 units per year.
Recently, Air Travel’s major competitor lowered the price of the
equivalent part of $9,500. The market was very competitive, and
AirTravel realized it had to meet the new price or lose...
Make or Buy Terry Inc. manufactures machine parts for aircraft engines. CEO Bucky Walters is considering...
Make or Buy Terry Inc. manufactures machine parts for aircraft
engines. CEO Bucky Walters is considering an offer from a
subcontractor to provide 3,000 units of product OP89 for $165,000.
If Terry does not purchase these parts from the subcontractor, it
must continue to produce them in-house with these costs:
Costs per Unit
Direct materials $26
Direct labor $17
$Variable overhead $15
Allocated fixed overhead $4
Required: Calculate the relevant cost for producing the product.
Relevant Cost Per Unit Total...
The Platter Valley factory of Bybee Industries manufactures field boots. The cost of each boot includes...
The Platter Valley factory of Bybee Industries manufactures
field boots. The cost of each boot includes direct materials,
direct labor, and manufacturing (factory) overhead. The firm traces
all direct costs to products, and it assigns overhead cost to
products based on direct labor hours.
The company budgeted $10,250 variable factory overhead cost and
2,050 direct labor hours to manufacture 4,100 pairs of boots in
March.
The factory used 3,500 direct labor hours in March to
manufacture 4,000 pairs of boots...
The Platter Valley factory of Bybee Industries manufactures field boots. The cost of each boot includes...
The Platter Valley factory of Bybee Industries manufactures
field boots. The cost of each boot includes direct materials,
direct labor, and manufacturing (factory) overhead. The firm traces
all direct costs to products, and it assigns overhead cost to
products based on direct labor hours. The company budgeted $14,160
variable factory overhead cost and 2,400 direct labor hours to
manufacture 4,800 pairs of boots in March. The factory used 2,800
direct labor hours in March to manufacture 4,700 pairs of boots...
The Platter Valley factory of Bybee Industries manufactures field boots. The cost of each boot includes...
The Platter Valley factory of Bybee Industries manufactures
field boots. The cost of each boot includes direct materials,
direct labor, and manufacturing overhead. The firm traces all
direct costs to products, and it assigns overhead based on direct
labor hours. The company budgeted $15,000 variable overhead and
2,500 direct labor hours to manufacture 5,000 pairs of boots in
March. The factory used 2,700 direct labor hours in March to
manufacture 4,800 pairs of boots and spent $15,600 on variable
overhead...
Andreasen Corporation manufactures thermostats for office buildings. The following is the cost of each unit: Materials...
Andreasen Corporation manufactures thermostats for office
buildings. The following is the cost of each unit:
Materials
$
18.90
Labor
7.90
Variable overhead
2.90
Fixed overhead ($1,079,100 per
year; 109,000 units per year)
9.90
Total
$
39.60
Simpson Company has approached Andreasen with an offer to buy 7,000
thermostats at a price of $39 each. The regular price is $59.
Andreasen has the capacity to produce the 7,000 additional units
without affecting its current production of 109,000 units. Simpson
requires that...
Your company manufactures widgets. The fixed cost incurred (independent of the number of widgets produced) each...
Your company manufactures widgets. The fixed cost incurred
(independent of the number of widgets produced) each year is
$80,000. The variable cost per widget is $0.25. The sale price of
each widget is $1.00. The price and the costs are expected to
remain unchanged over time. In year 1, the company expects to sell
100,000 widgets. It expects its sales to increase at the rate of 4%
a year forever. The discount rate is 10%. Ignore taxes. What is the...
Franklin Products Limited manufactures and distributes a number of products to retailers. One of these products, SuperStick, requires four kilograms of material 0236 in the manufacture of each unit.
Franklin Products Limited manufactures and distributes a number of products to retailers. One of these products, SuperStick, requires four kilograms of material 0236 in the manufacture of each unit. The company is now planning raw materials needs for the third quarter-July, August, and September. Peak sales of SuperStick occur in the third quarter of each year. To keep production and shipments moving smoothly, the company has the following inventory requirements:
a. The finished goods inventory on hand at the end...
a) Kofi Brokeman Ltd manufactures four products using the same machinery. The following details relate to its cost and sales per unit of each product:
a) Kofi Brokeman Ltd manufactures four products using the same machinery. The following details relate to its cost and sales per unit of each product: Fandango FanChoco Fanice Choco Malt GHȼ GHȼ GHȼ GHȼ Selling price 28 30 45 42 Direct material 5 6 8 6 Direct labour 4 4 8 8 Variable overhead 3 3 6 6 Fixed overhead* 8 8 16 16 Profit 8 9 7 6 Labour hours 0.25 0.25 0.50 0.50 Machine hours 4 3 4 ...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- What are the two reasons that limit the ability of correlational studies to provide information on...
- Suppose that 20 monthly payments of $100 each are followed by 30 monthly payments of $200...
- D. Explain what it means for recommendations to be specific and actionable. E. Discuss how charts...
- Capital Toys’ management is considering eliminating product A, which has been showing a loss for several...
- Computer Networks IT 210 Please Use your own words . sorry No handwriting no copy paste...
- The Coronavirus will obviously impact the economy of big organizations like FIFA or the NBA but...
- Question: what is the difference between rights of assertion and observation assertion. Include which financial statements...
ADVERTISEMENT