An example of a business/industry that uses batch flowprocess structure is:A. Automobile assemblyB. Heavy equipmentC. Commercial printerD. Sugar refinery
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An example of a business/industry that uses batch flowprocess structure is:
A. Automobile assembly
B. Heavy equipment
C. Commercial printer
D. Sugar refinery
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- Which of the following descriptions is notcorrect?a. The routing sheet shows the manufacturingpath for a particular product.b. Bill of materials shows the cost of producing asingle unit.c. Move ticket authorizes the movement of abatch from one department to another.d. Materials requisition authorizes the storekeeperto release materials.Please see the pictures for the questions. The first production department in a process manufacturing system reports the following unit data...Providing the power required to run production equipment is an example of unit-level activity. Why is it not for a batch-level activity or product-level activity since both will require power? Please explain in detail by giving some examples of other activity levels (batch and product).
- Reducir, Inc., produces two different types of hydraulic cylinders. Reducir produces a major subassembly for the cylinders in the Cutting and Welding Department. Other parts and the subassembly are then assembled in the Assembly Department. The activities, expected costs, and drivers associated with these two manufacturing processes are given below. Note: In the assembly process, the materials-handling activity is a function of product characteristics rather than batch activity. Other overhead activities, their costs, and drivers are listed below. Other production information concerning the two hydraulic cylinders is also provided: Required: 1. Using a plantwide rate based on machine hours, calculate the total overhead cost assigned to each product and the unit overhead cost. 2. Using activity rates, calculate the total overhead cost assigned to each product and the unit overhead cost. Comment on the accuracy of the plantwide rate. 3. Calculate the global consumption ratios. 4. Calculate the consumption ratios for welding and materials handling (Assembly) and show that two drivers, welding hours and number of parts, can be used to achieve the same ABC product costs calculated in Requirement 2. Explain the value of this simplification. 5. Calculate the consumption ratios for inspection and engineering, and show that the drivers for these two activities also duplicate the ABC product costs calculated in Requirement 2.Hales Company produces a product that requires two processes. In the first process, a subassembly is produced (subassembly A). In the second process, this subassembly and a subassembly purchased from outside the company (subassembly B) are assembled to produce the final product. For simplicity, assume that the assembly of one final unit takes the same time as the production of subassembly A. Subassembly A is placed in a container and sent to an area called the subassembly stores (SB stores) area. A production Kanban is attached to this container. A second container, also with one subassembly, is located near the assembly line (called the withdrawal store). This container has attached to it a withdrawal Kanban. Required: 1. Explain how withdrawal and production Kanban cards are used to control the work flow between the two processes. How does this approach minimize inventories? 2. Explain how vendor Kanban cards can be used to control the flow of the purchased subassembly. What implications does this have for supplier relationships? What role, if any, do continuous replenishment and EDI play in this process?Nonunit-level drivers are prominent in activity-based coting systems. Which of the following is a nonunit-level driver? a. Machine hours b. Direct materials c. Assembly hours d. Setup hours
- A process costing system Is most likely used by which of the following? airplane manufacturing a paper manufacturing company an accounting firm specializing in tax returns a hospitalCan process costing be used for a service organization? Explain. Describe how process costing can be used for JIT manufacturing firms.Nonunit-level drivers are prominent in activity-based coting systems. Which of the following is anonunit-level driver?a. Machine hoursb. Direct materialsc. Assembly hoursd. Setup hours
- Which of the following is a characteristic of a process cost accounting system? A. Material, Labor, and Overheads are accumulated by orders. B. Companies use this system if they process custom orders. C. Only Closing stock of work in process is restated in terms of completed units. D. Opening and Closing stock of work in process are related in terms of completed units.Label each of the following activities as unit-level batch-level, product-level, or facility-level activity. Determine one or more potential cost driver(s) for each activities. warehouse expense machine setup quality control engineering design production schedulingABC, process costing. Sander Company produces mathematical and nancial calculators and operates at capacity. Data related to the two products are presented here:
