Answer :
Answer:
at 516.67 tons both proces produce the same cost.
Explanation:
we have to solve at which quantity the annual cost of both process is the same:
[tex]280,000 + 620Q = 125,000 + 920Q\\\\280,000 - 125,000 = 920Q - 620Q\\155,000 = 300Q\\Q = 155,000 / 300[/tex]
Q = 516,66
at 516.67 tons both proces produce the same cost.
280,000 + 620 x 516.67 = 600.335,4
125,000 + 920 x 516.67 = 600.336,4
The quantity at which the two processes should be chosen is 517 unit.
Calculation of the quantity:
here we assume that the quantity is x
For Process 1
Fixed Cost= $280000
Variable cost= 620 per unit* total unit= 620x
For Process 2=
Fixed Cost = $ 125000
Variable Cost = $920x
Now Both the cost will be equal
So,
280000+620x=125000+920x
280000-125000=920x-620x
155000=300x
X= 516.66 =
517 units
Hence, The quantity at which the two processes should be chosen is 517 unit.
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