evis Motors manufactures a product requiring 0.5 ounces of platinum per unit. The cost of platinum is approximately $360 per ounce; the company maintains an ending platinum inventory equal to 10% of the following month's production usage. The following data were taken from the most recent quarterly production budget: JulyAugustSeptember Planned production in units1,0001,100980 The cost of platinum to be purchased to support August production is: Multiple Choice $195,840. $198,000. None of the answers is correct. $391,680. $200,160.

$195,840

Explanation:

Calculation for what The cost of platinum to be purchased to support August production is:

Cost of platinum to be purchased=(1100*0.5)-[(1100*10%*0.5)-(980*10%*0.5)]×$360

Cost of platinum to be purchased =550 - (55 - 49) ×$360

Cost of platinum to be purchased= 544oz x $360

Cost of platinum to be purchased= $195,840

Therefore The cost of platinum to be purchased to support August production is:$195,840

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

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