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Homework-1 Total Points: 5 Due date: July 06, 2018 1. (2.​5 points​) The following data concern a new product to be launched by ABC Inc. Estimate the selling price per unit. Labor = 5 hours at \$12/ hour Factory overhead = 150% of labor Material costs = \$25.00 Packing cost = 15% of manufacturing cost Advertizing cost = 10% of manufacturing cost Profit = 26% of selling price 2. (2.​5 points)​ A new 21-kW power substation was built in County A for 1.4 million dollars. County B, a neighboring county, is planning on building a similar though smaller substation. An 18-kW substation is planned for County B. If the power sizing exponent is .80 for this type of facility what is the estimated cost of construction? 1

Fleming51
School: Cornell University

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Homework one

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QUESTION ONE
Cost Sheet

Particulars
Amount (\$)
Labour
60 (12*5)
25
Prime cost = (Labour ...

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