Q: How much does it cost to construct a refinery of 30000 barrel per day?

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60000 + 30000 = 90000 = 60% / 60 = 1500 = 1% x 100 = 150000 = 100% X .4 = 60000 The above solution is incorrect. By definition, the conversion cost is the sum of the direct labor cost and the overhead. Therefore, if we assume x is the conversion cost, then x = 0.4x + 60,000. The solution is conversion cost = 100,000. Hence, the direct labor cost = 40,000. Note that the knowing the direct material cost is not necessary for the computation of the labor cost. I am really bad at math so i just have to think you are right on this one

Do you mean 'how do you calculate the percent increase?' If so, talking prices, subtract selling price - cost. Then divide thet answer by the cost and multiply by 100 to change to a percent. Example A car lot sells a car for 36,000 that it bought for 30,000 36000 -30000 = 6000 6000/30000 x 100 = 20% increase Same for anything else ... 1 caught 10 fish this week. I caught 8 least week. What is the incresee? 10 - 8 = 2 2 / 8 x100 = 25% increase

Overhead cost is part of total cost and not different from total cost as formula is as follows: Total cost = material cost + labor cost + overhead cost

marginal cost, total cost, variable, and fixed cost

Total cost price = Material cost + labor cost + overheads costs

Related questions

it cost 30000$ it cost 30000$

Sales revenue = breakeven sales + Fixed Cost Sales revenue = 40000 + 30000 sales revenue = 70000 Prove Sales revenue = 70000 Less: V.C = 40000 Contribution Margin = 30000 Less:Fixed Cost = 30000 Profit (loss) = Nill

A car in sinpore cost about 30000$-very expensive

Anything from $30000-$60000

around $30000

30000

30000

30000

30000 and. Up

between 20000 and 30000 pounds

what was the cost of a barrel of oil in 1965

The cost of a barrel of oil in 1991 was about $20.20. Adjusted for inflation, in 2010, the same barrel would cost about $32.14.