90) |
What is the average annual cost for servicing each of the 5 manufacturing plants (assume 4
weeks in a month)?
Correct answer: E
Explanation
Average weekly servicing cost = (1050 + 1100 + 950 + 1025 + 875)/5 = 1000 Assuming there are 4
weeks in a month, then we have 48 weeks in a year.
Hence Average annual servicing cost = 1000 x 48 = 48,000
|