Research Project Part 1 - Ford Motor Co

Question 4.4                                                                                                                  Celebration Greeting Cards Incorporated is starting a new business venture and are in the process of evaluating its product lines. Information for one new product, traditional parchment grade cards, is as follows: Sixteen times each year, a new card design will be put into production. Each new design will require $600 in setup costs. The parchment grade card product line incurred $75,000 in development costs and is expected to be produced over the next four years. Direct costs of producing the designs average $0.50 each. Indirect manufacturing costs are estimated at $50,000 per year. Customer service expenses average $0.10 per card. Current sales are expected to be 2,500 units of each card design. Each card sells for $3.50. Sales units equal production units each year.   Required   What is the total estimated life-cycle operating income?

Question 4.4                                                                                                         Celebration Greeting Cards Incorporated is starting a new business venture and are in the process of evaluating its product lines. Information for one new product, traditional parchment grade cards, is as follows: Sixteen times each year, a new card design will be put into production. Each new design will require $600 in setup costs. The parchment grade card product line incurred $75,000 in development costs and is expected to be produced over the next four years. Direct costs of producing the designs average $0.50 each. Indirect manufacturing costs are estimated at $50,000 per year. Customer service expenses average $0.10 per card. Current sales are expected to be 2,500 units of each card design. Each card sells for $3.50. Sales units equal production units each year.   Required What are the estimated life-cycle revenues? What is the estimated life-cycle operating…

SM3

Mini Case Study Five years ago, Phil Davis left his position at a large company to start Integrated Solutions Co. (ISC), a software design company. ISC’s first product was a unique software package that seamlessly integrated networked PCs. Robust sales of this initial product permitted the company to begin development of other software products and to hire additional personnel. The staff at ISC quickly grew from three people working out of Davis’s basement to over 70 individuals working in leased spaces at an industrial park. Continued growth led Davis to hire seasoned marketing, distribution, and production managers and an experienced accountant, Jan Smith. Recently, Davis decided that the company had become too large to run on an informal basis and that a formalized planning and control program centered on a budget was necessary. Davis asked the accountant, Jan Smith, to work with him in developing the initial budget for ISC. Davis forecasted sales revenues based on his projections…

QUESTION 1 Khaled has developed a new technology device that is so exciting he is considering quitting his job in order to produce and market it on a large-scale basis. Khaled will rent a small factory for 2,000dhs per month for production purposes. Utilities will cost 500dhs per month, Khaled has already taken an industrial design course at Dubai Men's College to help prepare for this venture. The course cost 800dhs. Khaled will rent production equipment at a monthly cost of 3,000dhs. He estimates the material cost per unit will be 20dhs, and the labor cost will be 12dhs per unit. He will hire workers and spend his time promoting the product. To do this he will quit his job which pays 25,000dhs per month. Advertising and promotion will cost 3,500dhs per month Required: 1- 2- Calculate the total Fixed cost- 3- Calculate the total variable cost per unit 4- If the machine max production capacity is 1000 units per month, what is the selling price he should set to break even monthly?= 5-…

REA MODEL—CRYOGENICS' FIXED ASSET SYSTEM Cryogenics Inc. is a leading developer, designer, and manufacturer of tanks, moveable containers, and trailers for the most efficient storage and distribution of liquid helium and hydrogen. Cryogenics started as a private company when founded in 1960 by industrialist William Hodges. It has since gone public and has grown to support a staff 250 employees between its Tulsa, Oklahoma, and Prague, Czech Republic, operations to meet the global demand for liquid helium and hydrogen storage with the highest performance ratings in the industry. The following describes Cryogenics' fixed asset system.   Asset acquisition begins when the department manager recognizes the need to obtain or replace an existing fixed asset. The manager prepares two copies of a purchase requisition; one is filed in the department, and one is sent to the purchasing department. The purchasing department uses the purchase requisition to prepare three copies of a purchase order.…

Question 5             You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021.                                                                                       R                                 R Unit selling price                                                                                            160 Less: Direct materials                                                 50            Direct labour                                                    30 Fixed Overheads: Admin                                                                         4.00 Rent                                                                            7.50 Rates…

Case Analysis 2: Unit 9 Speed Racer in Victoria makes bicycles for people of all ages. The frames division makes and paints the frames and supplies them to the assembly division where the bicycles are assembled. Speed Racer is a successful and profitable corporation that attributes much of its success to its decentralized operating style. Each division manager is compensated on the basis of division operating income.   The assembly division currently acquires all its frames from the frames division. The assembly division manager could purchase similar frames in the market for $480.   The frames division is currently operating at 80% of its capacity of 4,000 frames (units) and has the following details:     Voltage Regulator Direct materials ($150 per unit x 320 units) $480,000 Direct manufacturing labour ($60 per unit x 3,200 units) 192,000 Variable manufacturing overhead costs ($30 per unit × 3,200 units) 96,000 Fixed manufacturing overhead costs $624,000…

Case Analysis 2: Unit 9 Speed Racer in Victoria makes bicycles for people of all ages. The frames division makes and paints the frames and supplies them to the assembly division where the bicycles are assembled. Speed Racer is a successful and profitable corporation that attributes much of its success to its decentralized operating style. Each division manager is compensated on the basis of division operating income.   The assembly division currently acquires all its frames from the frames division. The assembly division manager could purchase similar frames in the market for $480.   The frames division is currently operating at 80% of its capacity of 4,000 frames (units) and has the following details:     Voltage Regulator Direct materials ($150 per unit x 320 units) $480,000 Direct manufacturing labour ($60 per unit x 3,200 units) 192,000 Variable manufacturing overhead costs ($30 per unit × 3,200 units) 96,000 Fixed manufacturing overhead costs $624,000…

Question 1                                                                                                             Jack & Kerry (Pty) Limited has been in the manufacturing business for more than 10 years and has been making iron fencing rods used in specialised fencing. The manufacturing process has been mainly manual using machinery for basic tasks. After the managers’ strategic meeting at the end of 2019, the company decided to automate operations and to start using palisade bars in palisade fencing. The palisade bars are becoming popular, attracting a demand of 10 000 units per year. The demand for fencing rods is 40 000 units per year. The iron rod takes an hour of direct labour to produce, while the more complex palisade bar takes two direct labour hours to produce. Overhead costs are being allocated on the basis of direct labour hours. Overheads have been estimated at $1 020 000 for 2021, and the production will be scheduled to cater for the above demand.   Unit costs…

Question 1                                                                                                             Jack & Kerry (Pty) Limited has been in the manufacturing business for more than 10 years and has been making iron fencing rods used in specialised fencing. The manufacturing process has been mainly manual using machinery for basic tasks. After the managers’ strategic meeting at the end of 2019, the company decided to automate operations and to start using palisade bars in palisade fencing. The palisade bars are becoming popular, attracting a demand of 10 000 units per year. The demand for fencing rods is 40 000 units per year. The iron rod takes an hour of direct labour to produce, while the more complex palisade bar takes two direct labour hours to produce. Overhead costs are being allocated on the basis of direct labour hours. Overheads have been estimated at $1 020 000 for 2021, and the production will be scheduled to cater for the above demand.   Unit costs…

Question 4             You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021.                                                                                       R                                 R Unit selling price                                                                                            160 Less: Direct materials                                                 50            Direct labour                                                    30 Fixed Overheads: Admin                                                                         4.00 Rent                                                                            7.50 Rates…

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Part C. Please show TI 84 steps PrODiem 1.8 Lian Fok is president of Laketront Manufacturing, a producer of bicycle tires. Fok makes 1,200 tires per day with the following resources Labor 400 hours per day @$12.00 per hour 21,000 pounds per day @ $1.00 per pound $5,000 per day $10,000 per day Raw Material Energy Capitat a) Labor productivity per labor hour for these tires nd your response to wo decimal places) b) Multifactor productivity for koonse to four decimal places) C) The percent change in multifactor productivity if Fok can reduce the energy bill by 5950 per day without cutting production or changing any other inputs = (enter your response sa percentage rounded to hwo decimal places) %3D Note calculate the new mulhfactor productivity to four decimal places before calculating the percentage change

1- Please solve this question with all steps required. Many thanks.

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Question 17             You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021.                                                                                       R                                 R Unit selling price                                                                                            160 Less: Direct materials                                                 50            Direct labour                                                    30 Fixed Overheads: Admin                                                                         4.00 Rent                                                                            7.50 Rates…

Question 7           You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021.                                                                                       R                                 R Unit selling price                                                                                            160 Less: Direct materials                                                 50            Direct labour                                                    30 Fixed Overheads: Admin                                                                         4.00 Rent                                                                            7.50 Rates…

Question 23             You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021.                                                                                       R                                 R Unit selling price                                                                                            160 Less: Direct materials                                                 50            Direct labour                                                    30 Fixed Overheads: Admin                                                                         4.00 Rent                                                                            7.50 Rates…

Chapter 9 Section 4 Problem 2 (09.04-PR002) - use MACRS-GDS 7 year property using excel to a answer the following. Michelin is considering going “lights out” in the mixing area of the business that operates 24/7. Currently, personnel with a loaded cost of $600,000 per year are used to manually weigh real rubber, synthetic rubber, carbon black, oils, and other components prior to manual insertion in a Banbary mixer that provides a homogeneous blend of rubber for making tires (rubber products). New technology is available that has the reliability and consistency desired to equal or exceed the quality of blend now achieved manually. It requires an investment of $2.5 million, with $110,000 per year operational costs and will replace all of the manual effort described above. The planning horizon is 8 years and there will be a $300,000 salvage value at that time for the new technology. The income-tax rate is 25% and the after-tax MARR is 10%. A. Determine the annual cost of purchasing the…

Question 11             You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021.                                                                                       R                                 R Unit selling price                                                                                            160 Less: Direct materials                                                 50            Direct labour                                                    30 Fixed Overheads: Admin                                                                         4.00 Rent                                                                            7.50 Rates…

Question 22           You are contemplating leaving your full-time employment to concentrate your ability on the marketing of a new low-energy portable heater. You have spoken to a group of manufacturers of similar product, and you have produced the following data based upon the production of 1200 heaters in the six months to December 31, 2021.                                                                                       R                                 R Unit selling price                                                                                            160 Less: Direct materials                                                 50            Direct labour                                                    30 Fixed Overheads: Admin                                                                         4.00 Rent                                                                            7.50 Rates…

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Q1 Mat Place purchases old tires and recycles them to produce rubber floor mats and car mats. The company washes, shreds, and molds the recycled tires into sheets. The floor and car mats are cut from these sheets. A small amount of rubber shred remains after the mats are cut. The rubber shreds can be sold to use as cover for paths and playgrounds. The company can produce 25 floor mats, 75 car mats, and 40 pounds of rubber shreds from 100 old tires. In May, Mat Place, which had no beginning inventory, processed 125,000 tires and had joint production costs of $600,000. Mat Place sold 25,000 floor mats, 85,000 car mats, and 43,000 pounds of rubber shreds. The company sells each floor mat for $12 and each car mat for $6. The company treats the rubber shreds as a byproduct that can be sold for $0.70 per pound. Assume that Mat Place allocates the joint costs to floor mats and car mats using the sales value at Required split off method and byproduct revenue reduces joint costs before they are…

Question 1: Faheem Butt, the production manger of Ittefaq Foundries Ltd. (IFL) has just come to know that Crescent Engineering Ltd. (CEL) has recently introduced a new fabrication machine for medium size foundries. The new model is more efficient that the currently available models. Faheem thought that if the new machine were economically attractive, he could discuss with general manager of the company the possibility f replacing the existing machine, which his company had bought five years age. He therefore decided to collect the technical and financial information of the machine from CEL. Amjad the marketing manager of CEL, explained to Faheem the technical features of the machine, and tried to convince him that his company should go for the new model as it was for superior to their existing machine. Faheem asked him the financial details of buying the new model. He informed Amjad that the existing machine has annual operating cost of Rs. 600,000, Amjad stated that IFL would incur…

Parts d,e and f using ms word

Question 5 A manager must decide which type of machine to buy, A, B, or C. Machine costs are as follows: Machine Cost A 75000 45000 55000 Product forecasts and processing times on the machines are as follows: Processing Time Per Unit (minutes) Annual Machine Machine Machine Product Demand A B C 20000 9. 2 25000 4 5 10 8000 10 6. 4 46000 2 8 9. a) all 4 products. Machines operate 10 hours a day, 300 days a year. Calculate how many of each type of machine would be required to satisfy the demand for b) Assume that only purchasing costs are being considered. Which machine would have the lowest total cost? c) Consider this additional information: The machines differ in terms of hourly operating costs: The A machines have an hourly operating cost of $7 each, B machines have an hourly operating cost of $12 each, and C machines have an hourly operating cost of $10 each. Assume that the machines will be used only for one year. Which machine will have the lowest total cost (purchasing cost +…

Book Hint Print -rences Parker & Stone, Incorporated, is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $4.6 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent these facilities from a competitor instead. If the land were sold today, the company would net $4.9 million. The company wants to build its new manufacturing plant on this land; the plant will cost $12.1 million to build, and the site requires $730,000 worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets when evaluating this project? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567.) Cash flow amount