Calculate total cost
Q: Thompson manufacturing produces industrial scales for the electronics industry. Management is…
A: Answer: Break even quantity denotes the volume at which total costs equal total revenue. Variable…
Q: A manufacturer plans to introduce a new shirt based on the following information. The selling price…
A:
Q: Operations management How does the capacity analysis react when many processes are running…
A: Limit Analysis is the way toward distinguishing the accessible limit with regards to your…
Q: Cranston Company estimates the following overhead costs for the coming year: Equipment…
A: To determine the overhead rate with relation to direct labor costs and machine hours. Total overhead…
Q: Plan production for the next year. The demand forecast is: spring, 20,000; summer, 10,000; fall,…
A:
Q: Given the demand, cost, and operating data shown below, evaluate the following production plans:…
A: Find the Given details below: Month January February March April May June Total Demand (Unit)…
Q: For a manufacturing plant, which category is labor cost considered under higher than usual…
A: In the manufacturing plant, the usual cost of the labour will be considered as the fixed cost, but…
Q: Draw operations strategy matrix for a successful restaurant. Fill up to 10 boxes out of 20 in the…
A: ANSWER IS AS BELOW:
Q: Rao Technologies, a California-based high-techmanufacturer, is considering outsourcing some of its…
A: The weighted mark for all the selections is the totality product of the weights & the respective…
Q: Production systems can be classified into four types, describe them briefly, and give one example…
A: A production system is the process by which the raw material inputs enter the system on which labor…
Q: During the upcoming year De Anza Co. expects the following data: Expected unit selling price is:…
A: Hi, we are supposed to answer one question at a time. Since you have not mentioned which question…
Q: If Average Product of labor is 16, Number of labor is 4 then the Total Product is …… Select one: a.…
A: The answer is as follows:
Q: A company offers ID theft protection using leads obtained from client banks. Three employees work 40…
A: Multifactor Productivity = Output ($) / Input ($) Potential Lead Identifies = 3400*3 = 10200 Actual…
Q: A small electronic company assembles power supplies for use in bread maker, cake mixer and food…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: manufacturer of printed circuit board capacity of 1000 boards per day. the effective capacity is 686…
A: The quantity of storage provided to applications is known as effective capacity. The effective…
Q: Boats Ltd provides a boat repair service. Each month 8,000 direct labour hours are worked and…
A: Monthly Overhead 120,000 / Direct Labor Hours 8,000 Overhead rate 15 Direct…
Q: A chair manufacturer who produces three different models ( A,B and C) has developed a master…
A: Given information Week No 1 2 3 4 5 A 200 0 200 0 100 B 0 0 0 200 100 C 100 300 100…
Q: Find the minimum number of machines (integer) required to achieve target production for the…
A: In the question, we have various data, these are Target production volume for a year, standard time…
Q: Your small toy manufacturing facility has the following information: Revenue per toy $2.29 Fixed…
A: Break-even point is the point where the cost of production and revenue of production are equal in an…
Q: A manager is trying to decide whether to purchase (buy) a certain part or to have it produced…
A: Given that: the 5 alternatives the manager has: Internal 1: Fixed cost = $220,000 Variable cost =…
Q: b) Draw a detailed break-even chart, making sure to label the variables on the y- and x-axes, as…
A: Given, Selling price = $57 Variable costs = $18 Fixed costs = $78000 Let x be number of units. Sales…
Q: Explain how to keep a repetitive or product-oriented facility's production flow balanced?
A: Manufacturing is a repetitious and product-oriented enterprise in which standard products are…
Q: ABC Industry operates 6 days a week. There are two 8-hours shifts each day, with a half-hour break…
A: Takt time is described as the rate at which one needs to complete the manufacture of a product to…
Q: add production lines for its new product and plans to produce as many as 800 units per hour. The…
A: Production rate=800 units per hour Total Task time=60 sec Daily production time=8 hour
Q: Jack’s Packs manufactures backpacks made from microfabrics.The cutting department prepares the…
A: Formula:
Q: A TV factory plans to add production lines for its new product and plans to produce as many as 200…
A: Below is the solution:-
Q: If customer demand is 200,000 units per month, and available manufacturing capacity is 6,000…
A: Takt Time = Available manufacturing time / Customer demand
Q: The Total Manufacturing costs incurred for the month was $620,525. Beginning work in process was…
A: The question is related to cost of goods manufactured in Production management. The Cost of Goods…
Q: The weekly output of a fabrication process is shown below, together with data for labor and material…
A: Productivity is the ability to produce the production services using some measures. In other words,…
Q: Explain and briefly discuss any 2 types of capacity planning measurement in operations
A: Both skills can be quantified.
Q: Krafts, Inc. uses the decentralized form of organization and considers each of its divisions as an…
A: Transfer price means the price charged by one department or branch of the company from another…
Q: With relevant example, explain the important framework for managing operations used by production…
A: Any organization's policies, principles, goals, training, and procedures are driven by an…
Q: EZ-Windows, Inc. manufacturers replacement windows for the home remodeling business. In January, the…
A: Let F = Number of windows manufactured in February M = Number of windows manufactured in…
Q: The Vera Molding company has two alternatives for meeting a customer requirement for 7,500 units of…
A: As per Bartleby guidelines, we can only solve one question at a time...Kindly upload the other…
Q: Hoosier Manufacturing operates a production shop that is designed to have the lowest unit production…
A: Find the given details below: Given Details: Designed Capacity (Maximum) 125 Units Per Hour…
Q: North South Bank employs several account officers, each working eight hours per day. The bank…
A: Working hours 8 per day No. of applications 30 per day Labor productivity 1.25 applications per…
Q: You are the operations manager for Louisiana Oysters, Inc. The company has designed new "Oyster…
A: Breakeven crossover identify the range of units each of the model required to deliver more profit.…
Q: Determine the following items: h. labor efficiency variance i. actual variable overhead incurred…
A: ANSWER IS AS BELOW:
Q: Stackhouse Computing produces high-performance desktop computers. Labor cost data show that…
A: Given that, Total cost = $1,000,000 Number of computers produced = 5,000
Q: The company controller is somewhat surprised that the cost estimates are so different. You have…
A: The equation derived by Lance: 10.6000+16.05 per Unit In terms of X and Y, the equation will be Y =…
Q: Your company is preparing an estimate of its production costs for the coming period. The controller…
A: Here, the overhead cost is dependant on the unit production, which means changes in the unit…
Q: A company has two alternatives for meeting a customer requirement for 8,000 units of a specialty…
A: Below is the solution:-
Q: Analyze the below scenario and answer the following. Use headings and bullet points to explain.…
A: Determining requirement: Before starting the process it is very important to identify or determine…
Q: LeGaroutte Industries makes industrial pipe manufacturing equipment. Use direct-labor hours as the…
A: The whole direct labor hours = 64,000 + 20,000 + 32,000 = 116,000 Manufacturing indirect cost,…
Q: sales commissions would not be paid on the order, a loss would still result. Required: a. Determine…
A: The answer is as below:
Q: Explain the concept of “Production Mix Modification” strategy by using the following data, which…
A: The bottleneck of the process will be task 1, that will restrict the entire capacity of the process,…
Q: The Morning Brew Coffee Shop sells Regular, Cappuccino,and Vienna blends of coffee. The shop’s…
A: Multifactor productivity Multifactor Productivity or MFP is a calculation of output that relates the…
Q: The Walden Manufacturing Corp. has office support salaries of $4,000, factory supplies of…
A: Formula:
The per unit cost is $15 and the output is 44 units
Calculate total cost
Step by step
Solved in 3 steps
- Discuss the plans that provide for variable incentives linked to a standard expressed as a time period per unit of production.Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Unit product cost Additional data concerning these products are listed below. A B C $15.30 $ 11.20 $12.00 20.40 28.40 34.60 3.70 3.60 4.20 35.80 27.60 38.20 $79.10 $ 77.80 $ 95.40 5.30 27.50 $ 68.50 Multiple Choice A 4.80 $77.10 $ 3.20 5,000 D $11.60 41.40 Products C D 4.40 5.30 $88.40 $ 105.20 $ 4.30 $ 2.60 4,000 3,000 Grinding minutes per unit B 6.30 $ 94.50 $ 2.20 Selling price per unit Variable selling cost per unit Monthly demand in units 5,000 The grinding machines are potentially the constraint in the production facility. A total of 89,600 minutes are available per month on these machines. Direct labor is a variable cost in this company. Up to how much should the company be willing to pay for one additional minute of grinding machine time if the company has made the…The Chineke Group of Company manufactures two products, namely product B and product P, and provides you with the following information: Prod. B Prod. P Selling price per unit 80.00 50.00 Less cost of sales: Direct material A @ R5.00 per kg 15.00 10.00 Direct material B @ R4.00 per kg 8.00 12.00 Direct labour @ R6.00 per hour 12.00 6.00 Variable manufacturing overhead @ R5.00 per labour hour 10.00 5.00 Fixed manufacturing overhead per unit 5.00 5.00 Gross profit 30.00 12.00 Less sales & administrative costs: Variable 6.00 4.00 Fixed 10.00 5.00 Net profit per unit 14.00 3.00 Take note of the following constraints: Material A available 360 kg Material B available 360 kg Labour hours available…
- c. Compute and tabulate the daily demand for each month in the table below (round off to the nearest whole number). MONTH PRODUCTION DAYS DEMAND FORECAST DEMAND PER DAY JAN 2022 16 150 ? FEB 2022 16 150 ? MAR 2022 23 250 ? APR 2022 21 250 ? MAY 2022 22 400 ? JUN 2022 22 500 ? JUL 2022 21 600 ? AUG 2022 20 750 ? SEP 2022 20 450 ? OCT 2022 20 250 ? NOV 2022 16 150 ? DEC 2022 16 150 ? TOTAL ? ? d. Assuming that MPQ Limited had adopted a level strategy for the year ended 31 December 2022, compute the average daily demand for the year (round off to the nearest whole number). e. Prepare a graph showing the monthly forecasts and average daily forecast (in units per day) for MPQ Limited.Answer 12.7a-c Please show detailed calculations or software outputWhat is the main goal of the revenue stream?
- I need correct and non plagiarised answer. I will rate accordingly. What is the difference between Quantity Production and Flow Line Production?Supply/Demand Info Predicted Sales Regular production Overtime production Subcontract production Ending inventory Hired employees Fired employees Total employees Cost variables are as follows: Cost Variables Labor cost/hour Overtime cost/ton Subcontracting costiton Holding cost ton/month Hiring cost employee Firing cost/employee Beginning Apr May 4,200 531 $20 $32 $25 $10 $3.700 $4.000 Jun 51,500 50.300 61,600 Here is some additional relevant (capacity) information: Capacity Information Total labor hours/ton Regular production tons/employee/month Max regular production (tons/month) Max overtime production (tons/month) Max subcontractor production (tons/month) 3 100 56,700 3,700 6,000 Jul Aug Sep 45,400 56.600 62,800 Given the above information (and don't overlook beginning number of employees and inventory levels in the first table), create a LEVEL production plan with only the use of regular production and no inventory left over at the end of the six-month period. What is the regular…Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…
- What is marginal revenue (MR)?Last Year Sales $208,000 $221,000 Cost of goods sold 106,000 116,000 Gross margin 102,000 105,000 Other expenses 49,000 49,000 Net income 53,000 56,000 Finished goods inventory 2,700 5,000 Work-in-process inventory 11,000 8,000 Raw material inventory 5,500 7,000 Total inventory (average for year) 19,200 20,000 Other current assets 93,000 109,000 Other assets 210,000 249,000 Total assets 322,200 378,000 ^THIS YEAR The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his inventory…Explain briefly a) Efficient Production b) Inefficient Production c) What causes NPV to increase