Thursday
April 24, 2014

Homework Help: math

Posted by Ayensu on Tuesday, March 20, 2012 at 6:29pm.

Tema Oil Refinery ( TOR ) is the only company mandated to refine crude oil in Ghana. The company has estimated that the fixed cost would be $ 80000. Variable costs depends on the amount of crude oil refined but include the cost of labour and administrative expenses and it is estimated to be $ 30 per barrel of crude oil refined. The proposed price for a barrel of refined crude oil is $ 50. How many barrels of crude oil must be refined and sold to cover an extra cost of spare parts of $ 8000 ?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math Help Please - An oil refinery is located on the north bank of a straight ...
Math - An oil refinery is located 1 km north of the north bank of a straight ...
Calc - An oil refinery is located on the north bank of a straight river that is ...
science - why archaeologist and environmental scientists were worried about the ...
Calculus - Can anyone help me with these two optimization problems? A boat ...
chemistry - what are the gases that constitute the air in a refinery Are you ...
Linear programing - The Sebastopol Refinery processes two different kinds of ...
Calculus - Optimization An offshore oil well is 2km off the coast. The refinery ...
Physics - A refinery recieves 4.23434x10^4 m3/h of crude oil. After the ...
Chemistry - As I read it, the question provides you with a word description of ...

Search
Members