Cpp mcm (1-1) Ct = + a{Int (7 +0.51)+ Сс ñ (Ltwo + Con Eq (4) n nt You are asked to give more detail on the likely manuf

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Cpp mcm (1-1) Ct = + a{Int (7 +0.51)+ Сс ñ (Ltwo + Con Eq (4) n nt You are asked to give more detail on the likely manufacture costs of the manhole covers. Use Eq (4) to estimate the material cost per manhole cover given that each cover weighs 20kg, just 5% of the material is wasted during production and the cost of the raw iron is £0.30 per kg. Give your answer in £ correct to 2 decimal places. a. 1157.90 b. 6.32 C. 0.88 d. 7.29 e. 5.2 F. None of the above are correct After using Edupack you reconsider your initial choice and decide that the best process for the job is automated sand casting. This requires just 2 people to run the machinery in a small factory, resulting in total overhead rates of £120 per hour. The cost the automated sand-casting equipment is £250,000. Assume it will need to be written-off and replaced after 5 years and runs 60% of the time during this period. The equipment is capable of manufacturing 1 iron manhole cover every 30 minutes. Use Eq (4) to determine the cost per part, in £, attributable to non-dedicated costs. Give your answer correct to 2 decimal places. a. 8.72 b. 64.76 C. 32.38 d. 102.32 e. 16.17 F. None of the above are correct