How does it affect Ford Australia’s suppliers, particularly the metals and plastics industries? Explain.
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How does it affect Ford Australia’s suppliers, particularly the metals and plastics industries? Explain.
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- Question Covid 19 has caused an economic meltdown globally. Suppose, you are an owner of a popular export oriented readymade garments company in Bangladesh. How would your business have impacted due to the Corona outbreak? Answer the question based on your knowledge of product cost, period cost and CVP analysis ONLY.Refer to Exercise 13-48. Suppose that Kamber is considering building a new plant inside a foreign trade zone to replace its chemical manufacturing plant. Required: 1. How much duty will be paid per year by the factory located inside the foreign trade zone? 2. How much in duty and duty-related carrying costs will be saved by relocating inside the foreign trade zone? Kamber, Inc., owns a factory located close to, but not inside, a foreign trade zone. The plant imports volatile chemicals that are used in the manufacture of chemical reagents for laboratories. Each year, Kamber imports about 14,200,000 of chemicals subject to a 30% tariff when shipped into the United States. About 15% of the imported chemicals are lost through evaporation during the manufacturing process. In addition, Kamber has a carrying cost of 10% per year associated with the duty payment. On average, the chemicals are held in inventory for 9 months. Required: 1. How much duty is paid annually by Kamber? 2. What is the carrying cost associated with the payment of duty?A company decides to close down its plastics division. It has on hand 20 tons of styrens monomer, a raw material that has a market price of $600 per ton, which had been originally purchased at $550 per ton. Given that the company has no use for the styrene monomer, and that it would cost the company $5,500 to store it, what is the value of the 20 tons of styrene monomer to the company? OA. $11,000 B. - $5,500 ◆ OC. SO OD. $12,000
- Due to rising labor costs in Malaysia, Domain Computer, based in Singapore, is considering shorting part of its production facilities from Malaysia to an emerging market, Vietnam, to better integrate its supply chain in the South east Asia region. John Lawson, the CFO of the company, estimates that Domain Computer needs to invest USD735,000 to acquire an existing factory in Vietnam and another USD285,000 in renovations and installation of new machineries. The cost of training new workers is estimated to be USD310,000. Andrew believes that the new factory will lead to an estimated USD928,000 savings in labor costs and another USD417,000 savings in logistics expenses. Required: Use cost-benefit analysis to recommend whether Domain Computer should shift parts of its production facilities from Malaysia to Vietnam. Explain your answer.C16Q3 Need help The studs are sold as rough-cut lumber after emerging from the sawmill operation without further processing by Hoover Sawmill. Also, the posts require no further processing beyond the splitoff point. The decorative pieces must be planed and further sized after emerging from the sawmill. This additional processing costs $120,000 per month and normally results in a loss of 10% of the units entering the process. Without this planing and sizing process, there is still an active intermediate market for the unfinished decorative pieces in which the selling price averages $60 per unit.Jumbo Pty Ltd Jumbo Pty Ltd manufactures a number of products in its five departments. In the first department, car seats are manufactured. Currently, two products, namely a budget car seat and a standard car seat are being manufactured. Management have noted with concern the impact of the global pandemic Covid-19 on the sudden decline in the sales of the standard car seat. Regardless of attempts to cut the number of employees on the production line as well as a recent productivity drive aimed at higher productivity and less wastage of resources, the department is still operating at a loss. The following budget has been compiled at 60% of the available capacity, based on labour hours for the year ending 30 September 2020. Budget car seat Standard car seat Sales R 1358000 R1620000Less expenses (R1281000) (R2004000)Direct material…
- Due to rising labor costs in Malaysia, Domain Computer, based in Singapore, is considering shifting part of its production facilities from Malaysia to an emerging market, Vietnam, to better integrate its supply chain in the South east Asia region. John Lawson, the CFO of the company, estimates that Domain Computer needs to invest USD735,000 to acquire an existing factory in Vietnam and another USD285,000 in renovations and installation of new machineries. The cost of training new workers is estimated to be USD310,000. He believes that the new factory will lead to an estimated USD928,000 savings in labor costs and another USD417,000 savings in logistics expenses. Required: Use cost-benefit analysis to recommend whether Domain Computer should shift parts of its production facilities from Malaysia to Vietnam. Explain your answer. You are required to write 500 to 800 words. ( Currently I have completed my Cost-benefit analysis; but I am confused as to how to use PESTLE's analysis with…Lobby Company produces and sells its only product XT-300. The company has been approached by a new customer from the USA with an offer to purchase 15,000 units of XT-300 for $11.50 each. Selling to the US will not affect the company’s other customers, and existing sales would not be affected. Lobby normally produces 110,000 units per year but only plans to produce and sell 90,000 in the coming year. Exporting the product to the USA will require a further packaging cost of $0.30 per unit. The normal sales price is $16 per unit. Unit cost information for the normal level of activity is as follows: Direct materials $4.50 Direct labour 4.20 Variable overhead 1.65 Fixed overhead 2.00 Total $12.35 Required: A). What are the relevant costs and benefits of this special order? B). Will operating income increase or decrease if the order from this new customer is accepted – if so, by how much? C). Suppose the new customer wants to buy 25,000 units, should…Lobby Company produces and sells its only product XT-300. The company has been approached by a new customer from the USA with an offer to purchase 15,000 units of XT-300 for $11.50 each. Selling to the US will not affect the company’s other customers, and existing sales would not be affected. Lobby normally produces 110,000 units per year but only plans to produce and sell 90,000 in the coming year. Exporting the product to the USA will require a further packaging cost of $0.30 per unit. The normal sales price is $16 per unit. Unit cost information for the normal level of activity is as follows: Direct materials $4.50 Direct labour 4.20 Variable overhead 1.65 Fixed overhead 2.00 Total $12.35 Required: C). Suppose the new customer wants to buy 25,000 units, should Lobby accept the offer? Show with calculations the effect on net income
- The Japanese tsunami disaster of March 2011 had a negative effect on the automobile industry. With production and distribution in Japan at a standstill, American auto assembly plants could not get the auto parts that usually come from Japan. "The Japanese Crisis, Terrorism, and American Business," companies must stay flexible, and create appropriate, alternate plans in case they are confronted by unexpected occurrences. These actions are more specifically referred to as Group of answer choices a. operational planning b. contingency planning c. tactical planning d. motivational planningCase Analysis:CBA Rural Bank is a rural bank serving the entire Zamboanga Peninsula and just like anybusiness organization it has been significantly affected by the pandemic. It has 13 branches allover ZP and a total of 170 employees as of the latest manpower headcount. Below is itshypothetical manpower data and labor productivity related costs: How has the income been affected because of the pandemic? What could be thereason for its decreasing trend? What do you think was the strategy of the bank in terms of how it managed ithuman resources taking into consideration its manpower data and its salariesexpenses?Question 3 Though COVID-19 has affected the majority of companies and individuals worldwide, to some companies; the pandemic is regarded as a window of business opportunity. Simox Pharmaceuticals Cc is one of the few Namibian companies that are locally manufacturing hand sanitizers for use in the fight of COVID-19. The hand sanitizers are produced in masses through a process costing system. The following information was extracted from the company’s records for the month ended 31 August 2020 Description units N$ work in progress - 1 july 2020 2000 - materials 100% complete - 50000 - Coversion 80% - 45000 During the month units introduced to production 80000 - work in progress - 31 August 2020 - Material 100% complete…