The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now ?

Related Mcqs:

What is the type of annuity where the payments are made at the end of each period starting from the first period ?

A. Ordinary annuity B. Perpetuity C. Annuity due D. Deferred annuity...

Aside from many sellers and many buyers, which one is a characteristic of perfect competition ?

A. Homogeneous product B. Free market entry and exit C. Perfect information and absence of all economic friction D. All of the above...

The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?

A. 3.90 % B. 3.92 % C. 3.95 % D. 3.98 %...

What do you call the after-tax present worth of all depreciation effects over the depreciation period of the asset ?

A. Asset recovery B. Depreciation recovery C. Period recovery D. After-tax recovery...

What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save ?

A. Compulsory saving B. Consumer saving C. Forced saving D. All of the above...