Maintaining a clean working environment is important to Namco, an industrial parts manufacturer. Cleaning the plant is the responsibility of the maintenance department.

The 65,000 square foot plant is thoroughly cleaned from four to eight times a month depending on the level and stage of production. For the most recent month, March, the plant was cleaned four times.

The production schedule for the next quarter (April through June) indicates that the plant will need to be cleaned five, six, and eight times respectively. Two of the resources needed to clean the plant are labor and cleaning supplies.

The cost driver for both resources is number of times the plant is cleaned. Plant cleaning laborers are full-time employees who are paid the same wages regardless of the number of times the plant is cleaned. Cleaning supplies is a variable cost. The March cost of labor was $25,000 and cleaning supplies used cost $8,500.

Prepare a table that shows how labor cost, cleaning supplies cost, total cost and total cost per cleaning changes in response to the number of times the plant is cleaned. What is the predicted total cost of plant cleaning for the next quarter?

For the month of march, labour cost per cleaning = $250,000/4 = $62,500

supplies cost  per cleaning  =   $8500/4 =  $2,125

For the month of April ,

labour cost =  $62,500  * 5  = $312,500

Supplies cost  =  $2,125  * 5  = $10,625

for the month of May,

labour cost = $62,500 * 6 = $385,625

supplies cost =  $2,125 * 6 = $12,750

For the month of June

Lanour cost = $62,500 * 8 =  $800,000

Supplies Cost =  $2,125 * 8 = $17,000

Total estimated cost for the Quarter

Labour cost :

April                        $312,500

May                          385,625    

June                         800,000                      1,498,125                  

Supplies Cost :

April                      $10,625

May                         12,750

June                         17,000                          40,375

Total cost                                                      1,538,500

Explanation:

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know