Wichita, and Kansas City customer zones is satisfied by
Wichita, and Kansas City customer zones is satisfied by
2. Using budget data, what was the total expected cost per unit if all manufacturing and…
Question No. 3 (a) 6 Marks Solution The following financial data apply to the DVD production plant of ABC Company for the month of July: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing costs Budgeted Costs per DVD $ 1.500 $ 0.800 $ 0.700 $ 1.000 $ 4.000 Variable manufacturing overhead varies with respect to units produced. Fixed manufacturing overhead as per above financial date is based on the followings:…
Cobb Corporation produces three products, A, B and C. The normal volume is 900 units of A, 120 units of B and 180 units of C. The price per unit is $5, $7, $10, for products A, B, and C, respectively. The variable cost per unit is $2, $3, $4, for products A, B, and C. respectively. The total fixed costs are $5,800.…
The company applies manufacturing overhead cost to production on the basis of $8 per machine-hour. A total of 30,000 machine-hours were recorded for October. g. Production orders costing $520,000 according to their job cost sheets were completed during October and transferred to Finished Goods. h. Production orders that had cost $480,000 to complete according to their job cost sheets were shipped to customers during the month. These goods were sold on account at 25% above cost.…
Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products.…
The cost of shipping a meter from each of the two plants to each of the three distribution…
Refer to the above table. The total cost of five units of output will be:…
| √2 x current use x order cost / carry cost per unit per year =…
The increase in supply shows that the best and optimal distribution pattern is Shanghai would ship 1500 units to warehouse 2. Shuzworld H would ship 300 units to Warehouse 1, and 1800 units to Warehouse 3. Finally, Shuzworld F would ship 2200 units to Warehouse 1. The additional units 1500 are shipped to a dummy warehouse, 1300 units are allocated to Shanghai and 200 units are allocated to Shuzworld H. Again, using the transportation model to implement this shipping plan would reduce the cost associated with shipping from Shuzworld F to Warehouse 3 which is the most expensive route. Additionally, increasing the supply units and storing them in a dummy warehouse decreases the transportation costs. By shipping the excess units to a dummy location does not increase the cost for the company. The transportation model finds the lowest cost by analyzing the different shipping methods.…
During the postclassical period from 600 to 1450 CE empires, such as the Tang dynasty in China and the Byzantine Empire, used new methods of equal land distribution in their societies. Each empire had very distinct methods for organizing the distribution of land in their empires.For the Tang dynasty land was distributed according to the equal field system while in the Byzantine empire land was given according to the theme system. The land distribution systems were designed to keep order by not allowing a large concentration of land towards certain families ,and how they were organized was at times according to the political system of the empire, as well as who the land was given by, who received the land and how.Both empires used these systems to provide stability for a short term. The equal field system in China became a foundation of stability and prosperity to rural areas. Also in the Byzantine empire the theme system made the empire stronger and able to expand. These systems got rid of possibilities of social tensions between those with great amounts of land and those with little.…
The Martinez Company has decided to introduce a new product and would like to evaluate the costs of manufacturing through capital intensive and labor intensive manufacturing methods to determine which of the two methods to employ. The values to be used in the evaluation for capital intensive manufacturing are direct materials at $5 per unit, direct labor at $6 per unit, a variable overhead of $3 per unit, and fixed manufacturing costs of $2,508,000. The values for material, labor, and overhead are summed to find the total variable cost of $14. The labor intensive values are direct materials at $5.50 per unit, direct labor at $8 per unit, a variable overhead of $4.50 per unit, and fixed manufacturing costs of $1,538,000. The research department of Martinez recommended an introductory price unit sales price of $30. Incremental selling expenses are estimated to be $502,000 annually plus $2 for each unit sold regardless of the method used to manufacture.…
Answer the question on the basis of the following cost data:Refer to the above data. The total variable cost of producing 5 units is:Answer…
A bakery buys sugar in 15-pound bags. The bakery uses 5000 bags of sugar each year. Carrying costs are $20 per bag per year. Ordering costs are estimated at $5 per order. Assume that the bakery is open 250 days a year and its daily demand is estimated at 20 bags. It takes 5 days for each order of sugar to be filled.…