The production cost of a printer consists of the
cost of raw materials at $100, the cost of
overheads at $80 and wages at $120. If the costs
of raw materials and overheads are increased by
11% and 20% respectively, while wages are
decreased by 15%, find the percentage increase
or decrease in the production cost of the printer.
Answers
Answer:
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%
Answer:
3%=$9
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%