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nisha saini

· started a discussion

· 1 Months ago

error (Question: 131505.0 )

where is the tooling cost given in question

Question:

DIRECTIONS: Study the following information carefully and answer the questions that follow:


An alloy manufacturing company manufactures four types of iron alloys by using four materials, namely iron, carbon, nickel and manganese. Study the tables given below and select the most appropriate answer.


Percentage of materials in different alloys.

Alloy

Iron

Carbon

Nickel

Manganese

F1

62

10

13

15

F2

64

6

12

18

F3

56

18

14

12

F4

60

12

8

20


Prices of materials per kg

Material

Price/kg

Nickel

180

Manganese

240

Iron

50

carbon

30


Cost of production of alloy per tonne

Alloy

Labour & tolling cost per tonne (in Rs.)

F1

27000

F2

24000

F3

28000

F4

25000

Cost of alloy = Cost of materials used in alloy + Labour & tooling cost

What is the cost of 45 kg of alloy F3?
Options:
A) 4290 
B) 5129
C) 4578 
D) 4876
E) 5193
Solution:

Cost of materials used for 1 kg of alloy F3 = 0.56 × 50 + 0.18 × 30 + 0.14 × 180 + 0.12 × 240 = Rs.87.40

Labour & tooling cost for 1 kg of alloy F3 = Rs.28

∴ Cost of alloy F3 = 87.40 + 28 = Rs.115.40/kg

⇒ Cost of 45 kg of alloy F3 = 115.40 × 45 = Rs.5193


nisha saini

· commented

· 1 Months ago

sorry it was a mistake
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