Absorption costing, calculate and find out if investing is profitable for this production level. Machine cost is
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Question:
Absorption costing, calculate and find out if investing is profitable for this production level.
Machine cost is 2484000 dollars / year.
workers work for $ 250 / hour, material price 410 / piece, Material costs 15%, Manufacturing costs 12%, Business costs 25%, Warranty cost 2%, Expected profit 9%. Discount rate 8%.
what is the cost/piece?
Related Book For
Financial Management for Decision Makers
ISBN: 978-0138011604
2nd Canadian edition
Authors: Peter Atrill, Paul Hurley
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