A microbrewery was built in 2004 at a total cost of 650000, Ask an Expert

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A microbrewery was built in 2004 at a total cost of $650,000. Additional information is given in the accompanying table (all 2000 indices=100). (3.3)

Average Percentage of Index Cost Element Total Brewery Cost (2004) (2008)

Labor 30 160 200 Materials 20 145 175 Equipment 50 135 162

1. Prepare a budget estimate for a microbrewery in 2008.

2. Compute a weighted index for microbrewery construction in 2008.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91227014

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