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- First Question Previous Question Question 5 of 10 Next Question Last QuestionUnsaved change Moving to another question will save this response. The following transactions relate to the AKHTER CORP. for the month of November 2015: Product - A Product – B Production 10,000 units 8,000 units Beginning Inventory 1,000 units 900 units Ending Inventory 2,000 units 100 units Unit Cost applicable to inventories and Production Direct Material Rs. 4 per unit Rs. 3 per unit Direct Labour Rs. 10 per unit Rs. 20 per unit Factory Overhead Rs. 7 per unit Rs. 14 per unit Actual FOH was Rs. 182,400, under or over applied factory overhead is to be adjusted in Cost of Goods Sold. Calculate Prime Cost.Question 8.1 T2 Manufacturing Ltd. manufactures electrical parts. Data for two of the company's customers is as follows: Customer 1 Customer 2 Revenues at list price $592,500 $102,000 Units sold 75,000 10,000 Unit list price $7.90 $10.20 Cost of goods per unit $5.10 $6.25 Sales discounts $11,850 $1,020 Customer-specific costs Order-taking $13,600 $1,500 Product-handling $14,100 $1,350 Delivery $9,400 $1,290 Required: Prepare a comparative income statement in gross margin format with one column for each customer; present customer-specific costs as period expenses.QUESTION 4 An organisation manufactures a single product. The following information with regard to the raw material needed in the production process is supplied to you: Normal delivery time: 2.5 weeksMaximum delivery time: 3.5 weeksNormal usage: 52 000 units per yearPurchase price per unit: R8.50Cost of placing an order: R18.00Interest rate: 2% per yearStoring cost per unit: R2.50 Required: Calculate the EOQ. Calculate the re-order point if the organisation does not keep safety stock.
- Q#3 HASF Corporation began operations at the beginning of the current year. one of the year company product a compressor sells for 370 per unit’s information related to the current year activities follows Variable cost per unit Direct material 40 Direct labor 74 Manufacturing overhead 96 Annual fixed cost Manufacturing cost 1,200,000 Selling and administrative 1,720,000 Sales and production Sales in units 20,000 Production 24,000 Required - Cost of the December 31 finished goods inventory Net income for the current year Dec 31 If next year production decrease to 22,500 units and general cost behavior patterns do not change what is the likely effect on The direct labor cost of 74 per…Ch. 8 Homework Question 4 Please solve and explain the following: Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 30 closures on hand on May 1, 20 closures on May 31, and 25 closures on June 30. Additionally, Shadee’s fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $1.25 per unit produced. Required:1. Determine Shadee's budgeted cost of closures purchased for May and June 2. Determine Shadee's budget manufacturing overhead for May and June2. [EXCEL] Operating cycle: Lilly’s Bakery distributes its products to more than 75 restaurants and delis. The company's average collection period is 27 days, and it keeps its inventory for an average of four days. What is Lilly's operating cycle? Please use excel
- Plz solve correctly. An automotive supply store sells a product that has a demand of 400 units per month. Its supplier charges an ordering cost of $60 per order and $25 per unit with a 20% discount for orders of 250 units or higher. The store incurs a 20% annual holding cost. What is the store’s total annual cost (purchasing, ordering, and holding) if it orders at a quantity of 300 units? a. $121,560 b. $96,000 c. $120,000 d. $97,560Question A All That Remains Products has projected sales for next year of: Q1 Q2 Q3 Q4 Sales $ 77,300 $ 80,750 $ 87,150 $ 95,040 The company places orders each quarter that are 65 percent of the following quarter's sales and has a 60-day payables period. What is the accounts payable balance at the end of the third quarter? Full explain this question and text typing work only We should answer our question within 2 hours takes more time then we will reduce Rating Dont ignore this line.Fast pls solve this question on correctly in 5 min pls I will give u like for sure Surbh Scenario 1: The Garden Center department at a Walmart store in Michigan had a BOM (Beginning of Month) stock of $230,000 at retail at the beginning of February. Net sales for the month were $85,000 and the EOM (End of Month) stock was $430,000. The department manager was expecting sell-thru in February of 25 percent (25%). What was the department's sell-thru for the month of February? What should the department manager consider in light of this sell-thru rate?
- QUESTION 4 An organisation manufactures a single product. The following information with regard to the raw material needed in the production process is supplied to you: Normal delivery time: 2.5 weeksMaximum delivery time: 3.5 weeksNormal usage: 52 000 units per yearPurchase price per unit: R8.50Cost of placing an order: R18.00Interest rate: 2% per yearStoring cost per unit: R2.50 Required: Calculate the re-order point if the organisation has a policy to keep safety stock. Calculate the safety stock that should be kept by the organisation.CH11_HW_QA2_PIR Required 1: 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. (Round your answers to 1 decimal place.) Throughput Time Manufacturing Cycle Efficiency (MCE) Delivery Cycle Time Month 1 days % days Month 2 days % days Month 3 days % days Month 4 days % days Required 3: 3-a. (Month 5) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. 3-b. (Month 6) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so…M5-16 (Algo) Preparing a Contribution Margin Income Statement [LO 5-5] Handy’s Hats makes the world’s best hats. Information for the last eight months follows: Month Number of Hats Produced Total Cost January 4,750 5,900 February 3,150 4,850 March 2,600 4,200 April 4,800 6,125 May 6,400 7,655 June 7,350 8,575 July 5,600 7,000 August 8,550 9,555 Suppose that Handy’s expects to sell 6,000 hats during the month of September and that each hat sells for $2.75. Handy performed a least-squares regression and obtained the following results: Coefficients Intercept 1,855.99 X Variable 1 0.90 Prepare Handy’s contribution margin income statement for the month of September. (Round your answers to 2 decimal places.) M5-16 (Algo) Preparing a Contribution Margin Income Statement [LO 5-5] Handy’s Hats makes the world’s best hats. Information for the last eight months follows: Month Number of Hats Produced Total Cost January 4,750 5,900…