The equations for manufacturing cost and buyer's purchase price are confusing me, I don't understand...
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Accounting
The equations for manufacturing cost and buyer's purchase price are confusing me, I don't understand what goes where.
and buyer's purchase price A manufacturer of small hydraulic turbines has the annual cost data for 100 turbines is given below. Calculate the manufacturing cost for one turbine Total cost of materials 2,150,000 Total cost of labor 950,000 Total cost of capital equipment 160,000 Factory Overhead 70,000 One time design cost 90,000 Corporate Overhead 10,000 Cost of selling 100 turbines 10,000 Profit 10% of the manufacturing cost
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