Mathematics, 08.07.2020 14:01 chloeann4688
Mr. T has a small pressing firm where he presses sesame seeds to extract
sesame oil. He buys the sesame seeds from farmers who live in nearby
villages and sells the sesame oil to an oil merchant in town.
He produces one kilo of sesame oil from 5 kilos of sesame seeds.
The firm has an oil press with the following cost figures:
Price of the oil press
14 000 dollars
I
Scrap value
2 000
Life
10 years
The other fixed costs of the firm are:
Rent
200 dollars
per month
Municipal taxes
50 dollars per month
Answers: 3
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Mr. T has a small pressing firm where he presses sesame seeds to extract
sesame oil. He buys the se...
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