Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 10 Feb 2018 My Price 7.00

shop fabricated a prototype

A job shop fabricated a prototype of a new product in in total of 640 direct labor hours, using a team of eight workers. It charged the customer a labor cost of $20/hr, plus an overhead of 70%. plus a profit margin of 10% above that, for a total price of $23,936. (a) What was the profit (in dollars) for this job? (b) If the shop fabricated a second prototype exactly like the first one, using the same work team, and charged the customer the same total as it did for the first unit what profit would the company make for that second prototype? Assume that learning occurred. Use Table 13.5 to estimate the learning rate.

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Feb 2018 10:02 PM My Price 7.00

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