eco-friendly laundry drier
We Ease Your Day
Friday 23 May 2014
Presentation of Project Session
Our crews with Dr. Radzi ( Supervisor & Lecturer of PDD subject)
Bro. Irfan (Manager Project) take 2nd place present from Dr. Mustafizul Karim ( Examiner Presentation)
Finishing Project Part 2 ( Laundry Dryer )
Put the cover on the frame
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Bro. Fakhrullah try to test zip function
Bro. Firdaus try to fit the cover with the frame
Bro. Irfan hold the air heater
The air heater is put below the laundry
Process of Installation of all Parts of Laundry Dryer is done
Finishing Project Part 1 ( Frame of Laundry Dryer)
Bro. Firdaus try to combine the pvc pipe with 'L' connector pipe
Painting session
Frame Laundry Dryer
Thursday 22 May 2014
ASSIGNMENT 17.4
QUESTION:
A manufacturer of a small hydraulic turbine has the annual cost data given. Calculate the manufacturing cost and the selling price for the turbine:
A manufacturer of a small hydraulic turbine has the annual cost data given. Calculate the manufacturing cost and the selling price for the turbine:
Raw material and components
costs $2,150,000
Direct
labor 950,000
Direct expenses 60,000
Plant manager and
staff
180,000
Utilities for plant
70,000
Taxes and
insurance
50,000
Plant and equipment
depreciation 120,000
Warehouse
Expenses 60,000
Office
Utilities
10,000
Engineering expenses (plant) 90,000
Engineering staff and salaries (plant)
30,000
Administrative staff
salaries 120,000
Sales staff, salaries and
commissions 100,000
Total Annual
Sales: 60 units
Profit Margin: 15%
SOLUTION:
Variable costs
Raw material and components costs
$2,150,000
Direct labor
950,000
Direct expenses
60,000
Engineering expenses (plant)
90,000
Engineering staff and salaries (plant)
30,000
Total Variable
Costs
$3,280,000
Factory Expenses
Utilities for
plant
$70,000
Taxes and
insurance
50,000
Plant and equipment
depreciation 120,000
Warehouse
Expenses
60,000
Total Factory Expenses
$300,000
General and Administrative Expenses (G & A)
Plant manager and
staff
$180,000
Office
Utilities
10,000
Administrative staff
salaries 120,000
Total G & A
$310,000
Manufacturing Cost = Variable costs + Factory Expenses +
General and Administrative Expenses
= $3,280,000 + $300,000 + $310,000
=
$3,890,000
Sales, staff, salaries and commissions: $100,000
Total Cost = Manufacturing costs + Sales, staff, salaries and commissions
= $3,990,000
Manufacturing cost for a turbine = $3,990,000
Profit Margin = Profit / Sales
0.15 = Profit / Sales -> equation 1
Sales = Profit + Total Cost
Sales = (0.15)Sales + $3 990 000 -> equation 2
Interception equation 1 & 2
Sales = $ 4 987 500.00
Sales = Selling Price
Profit Margin = Profit / Sales
0.15 = Profit / Sales -> equation 1
Sales = Profit + Total Cost
Sales = (0.15)Sales + $3 990 000 -> equation 2
Interception equation 1 & 2
Sales = $ 4 987 500.00
Sales = Selling Price
Total Annual Sales = 60 units
Selling Price for One Turbine = Selling Price / 60 = $4,987,500.00
/ 60
Selling Price = $83,125.00 per unit
Selling Price = $83,125.00 per unit
ASSIGNMENT 17.3 BREAK-EVEN POINT
QUESTION
The type of tooling to make for a manufacturing process depends on the
expected total quantity of parts. Tooling made from standard components and
less wear-resistant materials (soft tooling) can be made more quickly and
cheaply than conventional tooling made from hardened steel (hard tooling). Use
the concept of break-even point to determine the production quantity for which
soft tooling can be justified.
The following cost data applies:
Soft tooling Hard
tooling
Tool Tooling cost
CS $600
CH $7500
Setu Setup cost
SS $100
SH $60
Unit Unit Part cost
CPS $3.40
CPH $0.80
ANSWER
The break-even point is the sales or production volume at which sales
and costs balance.
CH + (QBEP/b) SH +
CPH QBEP = CS + (QBEP/b) SS+ CPS QBEP
Break-even point,
QBEP = CH - CS /
[(SS - SH}/b) + (CPS - CPH)]
= 7500 – 600/ [((100 – 60)/500) + (3.4
– 0.8)]
= 2574.63
= 2575 units
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