Economics
Havard School
Page 2 out of 11 results
Sort by
-
Test Bank Economic Analysis 14th Edition by Newnan, Eschenbach, Lavelle, Lewis
- Exam (elaborations) • 5 pages • 2021
-
- $7.49
- 4x sold
- + learn more
CHAPTER 2 
ESTIMATING ENGINEERING COSTS AND BENEFITS 
 
						 
Reference: Table 1 
Tech Engineering in TN is making a product for the overseas market. 
The following cost data for the product has been compiled. 
Item	Cost 
Selling price	$167 
Materials and purchased parts	$25/unit 
Direct Labor	 2 hrs at $20 per hour 
Fixed Cost	$1,400,000 
 
	 
2.1. If the overhead expenses are charged at 80 % of labor cost, determine the manufacturing cost per unit. 
A) $72 
B) $97 
C) $65 
D) None of these 
...
Get paid weekly? You can!
That summary you just bought made someone very happy. Also get paid weekly? Sell your study resources on Stuvia! Discover all about earning on Stuvia