Question

Determine the cost if labour amounts to 1245,with an equipment renting fee of R250,to produce 5 devices

Answer 1

Solution

It is given that the Labour cost is $= R1245$

The Rental Fee is $=R 250$

Therefore, the total cost will be

$= R 1245 + R 250\\ = R 1495$

Therefore, for producing $5$ devices the cost is $R1495$

Hence the cost of one device will be

$=\frac{R1495}{5}\\ = R 299$

Hence unit cost is $R299$