# Finance : Prime Cost

Not what you're looking for?

Wholesale company produces circuit breaker containers. The machine operator stamps 15 containers from each strip of aluminum. Each strip costs $1.15. The operator can stamp 540 containers per hour. The direct labor charge is $17.85 per hour. What is the prime cost of manufacturing a circuit breaker container?

a.$.32 b.$.03 c.$.13 d.$.11 e.not given

##### Purchase this Solution

##### Solution Summary

Prime cost of manufacturing is calculated.

##### Solution Preview

Solution. Since the operator can stamp 540 containers per hour, ...

###### Education

- BSc , Wuhan Univ. China
- MA, Shandong Univ.

###### Recent Feedback

- "Your solution, looks excellent. I recognize things from previous chapters. I have seen the standard deviation formula you used to get 5.154. I do understand the Central Limit Theorem needs the sample size (n) to be greater than 30, we have 100. I do understand the sample mean(s) of the population will follow a normal distribution, and that CLT states the sample mean of population is the population (mean), we have 143.74. But when and WHY do we use the standard deviation formula where you got 5.154. WHEN & Why use standard deviation of the sample mean. I don't understand, why don't we simply use the "100" I understand that standard deviation is the square root of variance. I do understand that the variance is the square of the differences of each sample data value minus the mean. But somehow, why not use 100, why use standard deviation of sample mean? Please help explain."
- "excellent work"
- "Thank you so much for all of your help!!! I will be posting another assignment. Please let me know (once posted), if the credits I'm offering is enough or you ! Thanks again!"
- "Thank you"
- "Thank you very much for your valuable time and assistance!"

##### Purchase this Solution

##### Free BrainMass Quizzes

##### Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

##### Introduction to Finance

This quiz test introductory finance topics.

##### Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

##### Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

##### Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.