SWISS ARMY KNIFE - HOW IT'S MADE

2587 WordsOct 13, 201311 Pages
How It’s Made Project – Swiss Army Knife Contents Background …………………………………………………………………………………………….……………………………….. 3 Questions and Learning Objectives ………………………………………………………………………………….………. 4 How It’s Made ……………………………………………………………………………………………………………….………… 5 Activities Flow Chart …………………………………………………………………………………………………….…………. 7 Chart Table 1 Table 2 Table 3 Table 4 Per Unit Calculations Table 5 Job Costing ………………………………………………………………………………………………………………….…………… 9 Job Order (Customers & Vendors) Job T-Accounts Cost Behavior 12 Month Analysis ………………………………………………………………………………………….. 13 Table 6 Cost-Volume Profit Relationship ……………………………………………………………………………………………. 13 Problem and Solution…show more content…
Employees then use a molding machine to line up parts and combine them to product specifications. Each part requires a spring, divider, and is held together by 3 rivets that is capped by the cover. Though completed, each finished good is individually hand inspected one final time to ensure quality. Once defects are marked out, the knives are packaged and shipped off to stores around the world. Activities Flow Charts Table 1: Materials – Direct Vs. Indirect Materials Qty per U Cost per U Total per U Direct Indirect Sheet Metal 1000 $1000 $1000000 X PVC 600 $300 $180000 X Molds 100 $250 $25000 X Precision Machines 20 $36000 $720000 X Polishing Rocks 500 $800 $400000 X Polishing Powder 300 $300 $90000 X Total: $2415000 $1180000 $1235000 Table 2: Labor – Direct Vs. Indirect Job Descript Hours Rate Total Cost Total Direct Indirect Cutting 1200 2000parts/hr $15/hr $18000 X Polishing 1500 1000parts/hr $30/hr $45000 X Furnace 2000 1000parts/hr $25/hr $50000 X Sharpening 2000 800parts/hr $15/hr $30000 X Sorting 800 3000parts/hr $10/hr $8000 X Assembly 1500 1500parts/hr $35/hr $52500 X Inspection 2000 2000parts/hr $20/hr $40000 X Packaging 1000 2000parts/hr $15/hr $15000 X Shipping 500 10000parts/hr $25/hr $12500 X Admin 1000 $15/hr $15000 X Maint. 200 $50/hr $10000 X Janitorial 500 $10/hr $5000 X

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