Felton Paper produces paper for textbooks. Felton plans to produce 500,000 cases of paper next quarter to sell at a price of $100 per case. The variable cost per case, including both manufacturing andselling costs, is $80. What is the total contribution margin for next quarter?
Q: profit (or loss) if 480,000 units are sold?
A: AT 4,80,000 UNITS IT WILL BE A PROFIT
Q: Justify why aggregate planning is different when a business does not produce a tangible good
A: Aggregate planning is a methodology for forecasting the future volume and timing of demand (3-18…
Q: You work for the Brad's Nailer Company which manufactures two types of nailers: a pneumatic model…
A: For scenario 3 Decision variables - x1 - Number of pneumatic nailers x2 - Number of Cordless nailers…
Q: Mikey W. Smitty, an emerging rapper, is getting ready tocut his first CD, called “Western Rap.” The…
A: Fixed cost = $5000 Variable cost = $5 per CD Selling price = $15 per CD The following methods will…
Q: For a product of your choice, describe and explain the following A one or two sentence description…
A: The product selected could be an Sports Utility Vehicle (SUV) car . Over the past decade few decades…
Q: Zan Azlett and Angela Zesiger have joined forces to start A&Z Lettuce Products, a processor of…
A: Break-even point (BEP) identify the point of revenue or quantity of item which facilitate the no…
Q: Zan Azlett and Angela Zesiger have joined forces to start A&Z Lettuce Products, a processor of…
A: Break-even quantity is the quantity where the production cost and the production revenue of an…
Q: The selling price per unit of a product is $35, the fixed costs per month are $12,500, and the total…
A: A breakeven point is a unit sales level or revenue level which helps to identify no profit or No…
Q: Ford Tops manufactures hats for baseball teams. Ford has fixed costs of $175,000 per quarter…
A: The break-even point = Fixed costs / Contribution margin
Q: Zan Azlett and Angela Zesiger have joined forces to start A&Z Lettuce Products, a processor of…
A: (a) break even quantity =?at break even pointTR=TC TR - total revenue…
Q: The S&OP team at Kansas Furniture, has received estimates of demand requirements as shown in the…
A: Level plan of aggregation refers to the plan wherein the size of workforce is kept constant…
Q: Appraisal cost would be high so wait for Failure Cost? Human factors can never be underestimate…
A: "Since you have asked multiple questions, we will solve the first three sub-parts for you. To get…
Q: 4 - Smithson Cutting is opening a new line of scissors for supermarket distribution. It estimates…
A: The break-even point is the point where total costs and total revenues are equal, with no benefit or…
Q: uggs-Off Corporation produces and sells a line of mosquito repellants that are sold usually all year…
A: PLEASE BE NOTED AS PER THE BARTLEBY POLICY I HAVE SOLVED THE FIRST THREE SUB-PARTS. Organizations…
Q: . Eastman Publishing Company is considering publishing a paperback textbook on spreadsheet…
A: Fixed cost of publishing is $160,000 variable cost is $6 per book selling cost is $46 per text.
Q: An item which can be sold for PhP 63.00 per unit wholesale is being produced with the following cost…
A: The Break-even point is the point where the production cost and production revenue of a company are…
Q: Why is Aggregate Planning important in the service sector? Take the example of Airline industry to…
A: Aggregate planning is the way toward creating, examining, and keeping a starter, rough timetable of…
Q: Mira Mesa Appliances makes and sells kitchen equipment for offices and hotel rooms. Mira Mesa…
A: This question is related to the topic Production and Supply Chain Management and This topic falls…
Q: As an operations management consultant, you have been asked to evaluate a furniture manufacturer’s…
A: Sales = $23.5 million Cost of products sold = $20.8 million Operating weeks a year = 50 weeks Total…
Q: Owen Conner works part-time packaging software for a local distribution company in Indiana. The…
A: Given, Annual fixed cost = $10,000 Labor = $3.50 per package. Material = $4.50 per package. Selling…
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: Product A has a fixed cost of $5,000 and a variable cost of $5 per unit, it can sell for $20 per…
A:
Q: Zan Azlett and Angela Zesiger have joined forces to start A&Z Lettuce Products, a processor of…
A: Your break-even point is the point at which complete revenue approaches all out expenses or costs.…
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: Derby Phones is considering the introduction of a new model of headphones with the following price…
A: Operating profit is the remaining income received from a firm primary or core company operations.
Q: Acme Steel Fabricators experienced booming business forthe past five years. The company fabricates a…
A: Decision Tree A decision tree is a support system with a tree-like framework that models likely…
Q: Some firms pool overhead into a single plantwide overhead pool, while others accumulate…
A: Some firms pool overhead into a single plant wide overhead pool, while others accumulate overhead…
Q: Problem 7-13 (Algo) Owen Conner works part-time packaging software for a local distribution company…
A: The Breakeven Point is that level of sales at which there is no profit no loss. In other words it is…
Q: Jesaki Publishing is planning for a new novel, and figures fixed costs (overhead, advances,…
A: We will first understand each term in the cost function. C(x) is the total cost for a particular…
Q: esaki Publishing is planning for a new novel, and figures fixed costs (overhead, advances,…
A: Break even quantity = Fixed costs / (Sales price per unit – Variable cost per unit)
Q: Hotel Galway is a 50 room Boutique hotel in a pop-ular city break destination in Ireland. Until…
A:
Q: You work for the Brad's Nailer Company which manufactures two types of nailers: a pneumatic model…
A: Decision variables: X1 = Units of Pneum. model X2 = Units of Cordless model Objective function:…
Q: The S&OP team at Kansas Furniture, has received estimates of demand requirements as shown in the…
A: On-demand manufacturing, also known as demand-driven manufacturing, is a way of creating items only…
Q: why Capacity Requirement Planning (CRP) is primarily used in MTO, and not used in MTS and ATO?
A: Capacity requirements planning is shortly called CRP and it is known as the plan which is helpful in…
Q: A public school is being renovated for $13.5 million. The building has geothermal heating and…
A: Given, Cost of renovation = $13.5 million Annual benefits = $2.7 million Life = 40 years
Q: Complete the level production plan, using the following information. The only costs you need to…
A: Find the Given details below: Month March April May June July August September October November…
Q: carrying costs of $20 per unit per month, and zero beginning and ending inventory, evaluate the…
A: Loss of revenue and customers as a result of a stockout include stockout charges. This is especially…
Q: Blazerauto inc is considering whether to produce a new line of car. The company estimates that the…
A: Break-even point is the point where production revenue and cost are equal to each other of products…
Q: An item which can be sold for P63.00 per unit wholesale is being produced with the following cost…
A: The break-even point is the point where the total production cost and total sales revenue of the…
Q: The S&OP team at Kansas Furniture, has received estimates of demand requirements as shown in the…
A: Inventory is the stock, items, and raw material that the company stores in the warehouse to use in…
Q: What cost segregation technique gives the most mathematically precise cost estimate? a. Scatter…
A: THE ANSWER IS AS BELOW:
Q: One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently…
A: Demand Data- Year 1 400,000 Year 2 500,000 Year 3 700,000 Taiwanese supplier Bid's Data…
Q: Define yield management. How does it differ from the pure strategies in production planning?
A: Yield management is a variable pricing methodology executed by understanding, influencing, and…
Q: Stapleton Manufacturing intends to increase capacity through the addition of new equipment. Two…
A: GIVEN THAT FIXED COST OF PROPOSAL A= 55000 FIXED COST OF PROPOSAL B = 33000 VARIABLE COST OF…
Q: , contrast the “Level” strategy from the “chase” strategy?
A: Sales and operations are two functions of an organization that helps in the smooth flow of processes…
Q: A retail store sells a popular cosmetic called Devine and the store manager was given $120,000 by…
A: Given data: Contribution Repurchase Defection Price Margin Frequency Rate VLC in $ $28…
Felton Paper produces paper for textbooks. Felton plans to produce 500,000 cases of paper next quarter to sell at a price of $100 per case. The variable cost per case, including both manufacturing and
selling costs, is $80. What is the total contribution margin for next quarter?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Mavis and John have joined forces to start M&J Food Products, a processor of packaged shredded lettuce for institutional use. John has years of food processing experience, and Mavis has extensive commercial food preparation experience. The process will consist of opening crates of lettuce and then sorting, washing, slicing, preserving, and finally packaging the prepared lettuce. Together, with help from vendors, they think they can adequately estimate demand, fixed costs, revenues, and variable cost per 5-pound bag of lettuce. They think a largely manual process will have monthly fixed cost of $50,000and a variable cost of $2.50 per bag. They expect to sell 75,000 bags of lettuce per month. They expect to sell the shredded lettuce for $3.25 per 5-pound bag. John and Mavis has been contacted by a vendor to consider a more mechanized process. This new process will have monthly fixed cost of $125,000 per month with a variable cost of $1.75 per bag. Based on the above scenario: Should…Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 11,000; winter, 8,000; spring, 6,000; summer, 13,000. Inventory at the beginning of fall is 500 units. At the beginning of fall you currently have 30 workers, but you plan to hire temporary workers at the beginning of summer and lay them off at the end of summer. In addition, you have negotiated with the union an option to use the regular workforce on overtime during winter or spring if overtime is necessary to prevent stockouts at the end of those quarters. Overtime is not available during the fall. Relevant costs are hiring, $100 for each temp; layoff $200 for each worker laid off; inventory holding, $5 per unit-quarter; backorder, $10 per unit; straight time, $5 per hour; overtime, $8 per hour. Assume that the productivity is 0.5 unit per worker hour, with eight hours per day and 60 days per season. a. What is the total cost for this plan?Mary Jones and Jack Smart have joined forces to start M&J Food Products, a processor of packaged shredded lettuce for institutional use. Jack has years of food processing experience, and Mary has extensive commercial food preparation experience. The process will consist of opening crates of lettuce and then sorting, washing, slicing, preserving, and finally packaging the prepared lettuce. Together, with help from vendors, they think they can adequately estimate demand, fixed costs, revenues, and variable cost per 5-pound bag of lettuce. They think a largely manual process will have monthly fixed cost of $50,000 and a variable cost of $2.50 per bag. They expect to sell 75,000 bags of lettuce per month. They expect to sell the shredded lettuce for $3.25 per 5-pound bag. Jack and Mary has been contacted by a vendor to consider a more mechanized process. This new process will have monthly fixed cost of $125,000 per month with a variable cost of $1.75 per bag. Based on the above…
- Develop a production plan and calculate the annual cost for a firm whose demand forecast is fall, 10,000; winter, 8,000; spring, 7,000; summer, 12,000. Inventory at the beginning of fall is 500 units. At the beginning of fall, you currently have 30 workers, but you plan to hire temporary workers at the beginning of summer and lay them off at the end of summer. In addition,you have negotiated with the union an option to use the regular workforce on overtime during winter or spring if overtime is necessary to prevent stock-outs at the end of those quarters. Overtime is not available during the fall. Relevant costs are hiring, $100 for each temp; layoff, $200 for each worker laid off; inventory holding, $5 per unit-quarter; backorder, $10 per unit; straight time, $5 per hour; over time, $8 per hour. Assume that productivity is 0.5 units per worker hour, with eight hours per day and 60 days per season. (Answer in Appendix D)College Creations, Inc (CC), builds a loft that is easily adaptable to most dorm rooms or apartments and can be assembled into a variety of configurations. Each loft is sold for $500, and the cost to produce one loft is $300, including all parts and labor. CC has fixed costs of $100,000. A.What happens if CC produces nothing? B.Now, assume CC produces and sells one unit (loft). What are their financial results? C.Now, what do you think would happen if they produced and sold 501 units? D.How many units would CC need to sell in order to break even? E.How many units would CC need to sell if they wanted to have a pretax profit of $50,000?Complete your solutions and production plan Task 1: Solution/computation of the breakeven price and profit for the production of 1,000,000 bearings Task 2: Five-Year Progressive Production Plan Solution of the number of bearings to be manufactured for 5 years and the recoverycost Year 1: Year 2: Year 3: Year 4: Year 5:
- Develop a production plan and calculate the annual cost for a firm whose demand forecast is: fall, 10,100; winter, 8,100; spring, 7,100; summer, 12,100. Inventory at the beginning of fall is 505 units. At the beginning of fall you currently have 30 workers, but you plan to hire temporary workers at the beginning of summer and lay them off at the end of summer. In addition, you have negotiated with the union an option to use the regular workforce on overtime during winter or spring if overtime is necessary to prevent stock-outs at the end of those quarters. Overtime is not available during the fall. Relevant costs are hiring, $100 for each temp; layoff, $200 for each worker laid off; inventory holding, $5 per unit-quarter; backorder, $10 per unit; regular time, $5 per hour; overtime, $8 per hour. Assume that the productivity is 0.5 unit per worker hour, with eight hours per day and 60 days per season. In each quarter, produce to the full output of your regular workforce, even if that…Zan Azlett and Angela Zesiger have joined forces to start A&Z Lettuce Products, a processor of packaged shredded lettuce for institutional use. Zan has years of food processing experience, and Angela has extensive commercial food preparation experience. The process will consist of opening crates of lettuce and then sorting, washing, slicing, preserving, and finally packaging the prepared lettuce. Together, with help from vendors, they think they can adequately estimate demand, fixed costs, revenues, and variable cost per bag of lettuce. They think a largely manual process will have monthly fixed costs of $40,000 and variable costs of $2.00 per bag. A more mechanized process will have fixed costs of $72,000 per month with variable costs of $1.25 per bag. They expect to sell the shredded lettuce for $3.00 per bag. a) The break-even quantity in units for the manual process = enter your response here bags (round your response to the nearest whole number). b) The revenue…EZ-Windows, Inc. manufacturers replacement windows for the home remodeling business. In January, the company produces 15,000 windows and ended the month with 9,000 windows in inventory. EZ-Windows' management team would like to develop a production schedule for the next three months. A smooth production schedule is obviously desirable because it maintains the current workforce and provides a similar month-to-month operation. However, given the sales forecasts, the productioncapacities, and the storage capabilities as shown in Table 2, the management team does not think a smooth production schedule with the same production quantity each month possible.The company's cost accounting department estimates that increasing production by one window from one month to the next will increase total costs by $1.00 for each unit increase in the production level. In addition, decreasing production by one unit from one month to the next will increase total costs by $0.65 for each unit decrease in the…
- The Walden Manufacturing Corp. has office support salaries of $4,000, factory supplies of $1,000,indirect labor of $6,000, direct materials of $16,000, advertising expense of $2,500, office expense of$14,000, and direct labor of $20,000. What is the total period cost?Break-Even Analysis Jesaki Publishing is planning for a new novel, and figures fixed costs (overhead, advances, promotion, copy editing, typesetting) at $65,000, and variable costs (printing, paper, binding, shipping) at $1.60 for each book produced. The book will be sold to distributors for $12 each. Answer the following questions about this venture. What is the total cost if Jesaki Publishing breaks even? $ . Round to the nearest dollar.Complete the level production plan, using the following information. The only costs you need to consider here are layoff, hiring, and inventory costs. If you complete the plan correctly, your hiring, layoff, and inventory costs should match those given here. Month Forecasted salesMarch 1,539April 1,422May 1,162June 934July 1,427August 2,089September 2,575October 2,564November 3,023December 3,017January 2,552February 2,104