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Test Bank Economic Analysis 14th Edition by Newnan, Eschenbach, Lavelle, Lewis
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 
...
- Exam (elaborations)
- • 5 pages •
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 
...
Test Bank for Crafting and Executing Strategy: The Quest for Competitive Advantage: Concepts, 22th Edition by Thompson, Peteraf, Gamble, Strickland
Crafting and Executing Strategy, 22e (Thompson) 
Chapter 2 Charting a Company's Direction 
 
1) The five basic tasks of the strategy-making, strategy-executing process DO NOT include 
A) developing a strategic vision of where the company needs to head and what its future business makeup will be. 
B) strategic management to convert the strategic vision into specific strategic and financial performance outcomes for the company to achieve. 
C) crafting a strategy to achieve the objectives and ge...
- Exam (elaborations)
- • 80 pages •
Crafting and Executing Strategy, 22e (Thompson) 
Chapter 2 Charting a Company's Direction 
 
1) The five basic tasks of the strategy-making, strategy-executing process DO NOT include 
A) developing a strategic vision of where the company needs to head and what its future business makeup will be. 
B) strategic management to convert the strategic vision into specific strategic and financial performance outcomes for the company to achieve. 
C) crafting a strategy to achieve the objectives and ge...
Test Bank for Crafting and Executing Strategy: The Quest for Competitive Advantage: Concepts, 22th Edition by Thompson, Peteraf, Gamble, Strickland
Test Bank Economic Analysis 14th Edition by Newnan, Eschenbach, Lavelle, Lewis