Question

The production cost of a printer consists of
th
cost of raw materials at $100, the cost
overheads at $80 and wages at $120. If the cost
of raw materials and overheads are increased b
11% and 20% respectively, while wages are
decreased by 15%, find the percentage increase
or decrease in the production cost of the printer.​

Answer 1

Answer:

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Answer 2

Answer:

Step-by-step explanation:

3% = $9

increase in production cost

Explanation:

11% of $100=11

(cost increase of raw material=$111)

20% of $80=16

(cost increase of overheads=$96)

15% of 120=18

(decrease in wage=120-18=$102)

Total production cost= 111+96+102=$309

Previous cost of production was =100+80+120=$300

So, how much cost is increased in production, calculate it. That $9

So, there's a increase in production cost, but how much percentage of increase, we have to find that.

What percent of $300 is $9

How do you calculate percent of your test paper? , it is similar to that.

Here you got 9 out of 300

Percentage =9/300 x 100 = 3%

Your answer is 3%