A Family Goes on Vacation for One Week but Forgets

question 145

Short Answer

A family goes on vacation for one week but forgets to turn off an electric fan that
consumes electricity at the rate of 200 W. If the cost of electricity is 12.0¢/kW·h how much
does it cost (to the nearest penny) to run the fan for the week?

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Definitions:

February

The second month of the year in the Gregorian calendar, typically consisting of 28 days, or 29 in leap years.

Standard Hours Allowed

The predetermined amount of time expected to be required to produce a certain quantity of output under normal working conditions.

Actual Output

The real quantity of goods or services produced by a business during a specific period, as opposed to planned or potential output.

Materials Price Variance

The difference between the actual cost of materials used in production and the standard cost of materials that were expected to be used.