x
Info
x
Warning
x
Danger
 / 
 / 
 / 
A 1,500,000 SF plant employs 300 people and produces 284,000

Question : A 1,500,000 SF plant employs 300 people and produces 284,000 : 1278

A 1,500,000 SF plant employs 300 people and produces 284,000 LCD panel per month. The plant is idle, on average, 2 months each year for maintenance, repairs, and retooling. The plant has fixed costs of $4,000,000 per month and variable costs of $50 per LCD panel. What is the total operating cost for the plant per YEAR? Express your answer in $ to the nearest $1 million. Answer: $190,000,000

 

Solution
5 (1 Ratings )

Solved
Finance 1 Year Ago 165 Views
This Question has Been Answered!
Unlimited Access Free
Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!
Ask an Expert
Our Experts can answer your tough homework and study questions
275782 Finance Questions Answered!
Post a Question