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

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

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter11: Performance Evaluation And Decentralization

Section: Chapter Questions

Problem 47P: (Appendix 11A) Cycle Time, Velocity, Conversion Cost The theoretical cycle time for a product is 30...

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(Appendix 11A) Cycle Time, Velocity, Conversion Cost The theoretical cycle time for a product is 30 minutes per unit. The budgeted conversion costs for the manufacturing cell are 2,700,000 per year. The total labor minutes available are 600,000. During the year, the cell was able to produce 1.5 units of the product per hour. Suppose also that production incentives exist to minimize unit product costs. Required: 1. Compute the theoretical conversion cost per unit. 2. Compute the applied conversion cost per unit (the amount of conversion cost actually assigned to the product). 3. CONCEPTUAL CONNECTION Discuss how this approach to assigning conversion costs can improve delivery time performance.
See Cornerstone Exercise 20.4. Fisher Company has three sequential processes: cutting, welding, and assembly. Assume that the optimal mix is Component A = 0 units per week; and Component B = 30 units per week. Demand is uniformly spread out over the five-day work week. Fisher requires a 2.5-day buffer. Required: 1. Identify the drummer, the rate of production, the time buffer, and the rope. 2. Illustrate the DBR structure of Fisher Company. 3. What if the Welding Department was allowed or encouraged to produce at capacity? What effect will this have on work-in-process inventories?
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tres per day with the following resources: Labor 425 hours per day @ $12.00 per hour Raw Material: 20,000 pounds per day @ $1.00 per pound Energy: $5,250 per day Capital $10.250 per day a) Labor productivity per labor hour for these tires= tires/labor hour (round your response to two decimal places).
Q5: Clone Computers assembles and packages personal computer systems from brand-name components. Its Home Office PC System is assembled from components costing $1400 per system and sells for $2000. Labour costs for assembly are $100 per system. This product line's share of overhead costs is $10,000 per month. a) How many Home Office Systems must be sold each month to break even on this product line? ________ b) What will be the profit or loss for a month in which 13 Home Office Systems are sold? _________
Usher Dash is president of Dash Manufacturing, a producer of Go-Kart tires. Dash makes 870,000 tires per day with the following resources:Labor 1670 hours per day @ 225 per hourRaw Material 900,000 pounds per day @ Rs.10 per poundEnergy Rs.87,000 per dayCapital Rs.560,000 per daya) What is the labor productivity per labor hour for these tires?b) What is the multifactor productivity for these tires?c) What is the percentage change in multifactor productivity if Upton can reduce the energy bill by Rs.13,000 per day without cutting production or changing any other input?What is the capital productivity per tire per rupee?
fix my answer: 5)Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 36,000 Rets per year. Costs associated with this level of production and sales are given below: Unit Total Direct materials $ 25 $ 900,000 Direct labor 8 288,000 Variable manufacturing overhead 3 108,000 Fixed manufacturing overhead 7 252,000 Variable selling expense 4 144,000 Fixed selling expense 6 216,000 Total cost $ 53 $ 1,908,000 The Rets normally sell for $58 each. Fixed manufacturing overhead is $252,000 per year within the range of 26,000 through 36,000 Rets per year. Required: Assume due to a recession, Polaski Company expects to sell only 26,000 Rets through regular channels next year. A large retail chain offered to purchase 10,000 Rets if Polaski will accept a 16% discount off the regular price. There would be no sales commissions on this order; thus, variable selling expenses would be slashed by 75%.…
QUESTION 4 Lusakasa Corporation produces baseball bats for kids that it sells for $32 each. At capacity, the company can produce 50,000 bats a year. The costs of producing and selling 50,000 bats are as follows. Cost per Bat Total Costs Direct materials $12 $600, 000 Direct manufacturing labour 3 150,000 Variable manufacturing overhead 1 50,000 Fixed manufacturing overhead 5 250,000 Variable selling expenses 2 100,000 Fixed selling expenses 4 200,000 Total costs $27 $1,350,000 Suppose Lusakasa is currently producing and selling 40,000 bats. At this level of…
Chapter 7 Problem Solution 1 Please select the correct answer and solve and explain. "Goodstone Tire Corp sells tires for $90 each. Per unit costs associated with producing and selling the tires are: Direct Materials $35 Direct Labor $10 Factory Overhead $20 The variable portion of the factory overhead is $8 per unit. A foreign company wants to purchase 1,000 tires for $65 each. Assuming Goodstone has excess capacity: 1) The incremental profit from special order will be $12,000 2) The incremental loss from the special order will be $25,000 3) The will be no incremental loss or profit from the special order
Question 1 Flounder Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the company has enough orders to keep the factory production at 10,000 helmets per month (80% of its full capacity). Flounder’s monthly manufacturing cost and other expense data are as follows. Rent on factory equipment $12,000 Insurance on factory building 1,780 Raw materials used (plastics, polystyrene, etc.) 80,800 Utility costs for factory 920 Supplies for general office 320 Wages for assembly line workers 59,700 Depreciation on office equipment 830 Miscellaneous materials (glue, thread, etc.) 1,470 Factory manager’s salary 6,200 Property taxes on factory building 490 Advertising for helmets 14,900 Sales commissions 10,900 Depreciation on factory building 1,640 Prepare an answer sheet with the following column headings.Enter each cost item on your answer sheet, placing the dollar amount under…
Q1 Bauss Company, a manufacturer of bicycles, started its production in December 2019. For the preceding 5 years Boss Co. had been a retailer of bicycles. After a thorough survey of bicycles markets, management of the Bauss Co. decided to turn its retail store into a bicycles manufacturing factory. Cost of steel frame for a bicycles will total to $80 per unit. The cost of tires for every bicycle would be $25. Workers on the production lines are on average paid $35 per hour. A bicycle usually takes 8 hours to complete. In addition, the rent on the equipment used to assemble bicycle amounts to $6,000 per month. Indirect materials cost $7 per bicycle. A supervisor was hired to oversee production; her monthly salary is $3,500. Factory cleaning costs are $1,500 monthly. Utility costs amounts to $250 per month. Advertising costs to sell bicycles will be 10,500 per year. The factory building depreciation expense is $2,400 per month. Property taxes on the factory building will be $9,900 per…
I need help with questions 4/5/6A Lou Barlow, a divisional manager for Sage Company, has an opportunity to manufacture and sell one of two new products for a five-year period. His annual pay raises are determined by his division’s return on investment (ROI), which has exceeded 21% each of the last three years. He has computed the cost and revenue estimates for each product as follows: Product A Product B Initial investment: Cost of equipment (zero salvage value) $ 210,000 $ 420,000 Annual revenues and costs: Sales revenues $ 290,000 $ 390,000 Variable expenses $ 136,000 $ 186,000 Depreciation expense $ 42,000 $ 84,000 Fixed out-of-pocket operating costs $ 74,000 $ 54,000 The company’s discount rate is 19%. Click here to view Exhibit 8B-1 and Exhibit 8B-2, to determine the appropriate discount factor using tables. Required: 1. Calculate the payback period for each product. (Round your answers to 2 decimal places.)…
5 Lasker Company divided its tool production factory into manufacturing cells. Each cell produces one product. The cordless drill cell had the following data for last quarter: Maximum units produced in a quarter: 90,000 units Actual units produced in a quarter: 72,000 units Hours of cell production labor in a quarter: 40,000 hours If required, round your answers to one decimal place. Required: 1. Compute the theoretical cycle time (in minutes per unit). 2. Compute the actual cycle time (in minutes per unit). 3. Compute the theoretical velocity (in units per hour). 4. Compute the actual velocity (in units per hour).