Supplier Factory Wholesale Retailer Inventory in 30 90 40 20 days Accounts 20 45 30 40 receivable in days 30 Accounts pay- able in days 45 60 37 Sourcing unit cost $ 5 $20 $55 $ 70 Added unit cost $10 $25 $10 $ 30 Sales unit price $20 $55 $70 $110 On-time 85 95 75 95 delivery (%) %24
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A supply chain has the following information:(a). Compute the total supply chain throughput time for all the entities from beginning to end.
b. Compute the cash-to-cash cycle time for each of the
four entities separately. Based on this calculation, who is benefiting the most?
c. Compute the total delivered unit cost in the supply
chain from beginning to end. How much profit is
there in the supply chain?
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- KPR manufactures deals in various products. Relevant details of the products are as under: AWAXAYAZ Estimated annual demand (units)5000100070008000 Sales price per unit (Rs.)150180154175 Material consumption: Q (Rs)2729.524.529.75 Labor hours (Rs)5056.2543.7562.5 Variable overheads (based on labor cost) 70%80%10%90% Fixed overheads per unit (Rs.)10201416 Machine hours required: Processing machine hours 56810 The capacity utilization is as under:Hours Processing machine 150,000 RequiredCompute the number of units of each product that the company should produce in order tomaximize the profit. (B) KPR manufactures is considering a special order for 20 handcrafted gold bracelets to be given as gifts to members of a wedding party. The normal selling price of a gold bracelet is Rs 184 and its unit product cost is Rs140.00 as shown below: Direct materials . . . . . . . . . . . . . . . . . . . . Rs 81.00Direct labor . . . . . . . . . . . . . . . . . . . . . . . 42.00Manufacturing…Order Date Region Rep Item Units Unit cost Total sales 06/01/2018 East Jones Pencil 95 1.99 189.05 23/01/2018 Central Kivell Binder 50 19.99 999.5 09/02/2018 Central Jardine Penil 36 4.99 179.64 26/02/2018 Central Gill Pen 27 19.99 539.73 15/03/2018 West Sorvino Pencil 56 2.99 167.44 01/04/2018 East Jones Binder 60 4.99 299.4 18/04/2018 Central Andrews Pencil 75 1.99 149.25 05/05/2018 Central Jardine Pencil 90 4.99 449.1 22/05/2018 West Thompson Pencil 32 1.99 63.68 08/06/2018 East Jones Binder 60 8.99 539.4 25/06/2018 Central Morgan Pencil 90 4.99 449.1 12/07/2018 East Howard Binder 29 1.99 57.71 29/07/2018 East Parent Binder 81 19.99 1,619.19 15/08/2018 East Jones Pencil 35 4.99 174.65 01/09/2018 Central Smith Desk 2 125.00 250.00 18/09/2018 East Jones Pen Set 16 15.99 255.84 5/10/2018 Central Morgan Binder 28 8.99 251.72 22/10/2018 East Jones Pencil 64 8.99 575.36 8/11/2018 East Parent Pencil 15 19.99 299.85 25/11/2018 Central Kivell Pen Set…needed in 10 minutes Quantity (Product X) - 1,200.00Quantity (Product Y) - 1,800.00Purchase cost per unit (Product X) - 70.00Purchase cost per unit (Product Y) - 90.00Cash discount taken for both products – 10%Freight cost from supplier (Product X) 10.00Freight cost from supplier (Product Y) 30.00Estimated selling price (Product X) 120.00Estimated selling price (Product Y) 150.00Estimated selling costs (Product X) 22.00Estimated selling costs (Product Y) 35.00General and administrative (Product X) 15.00General and administrative (Product Y) 21.00Cost of goods sold per record – 385,800After considering the relevant information, determine the correct cost of goods sold to be presented in its financial performance statement.
- SCRUMPTIOUS CUPCAKESProfit and loss accountfor the year ended 30 April 20202020£SalesSales 220,000Cost of sales 120,000Gross Profit 100,000ExpensesSalaries 24,000Other Fixed cost 4,800Distribution 3,000Advertising 4,500Rent 13,200AHUtilities 3,600Other Cost 4,00057,100Operating Profit 42,900 SCRUMPTIOUS CUPCAKESBalance Sheetas at 30 April 20202020£Fixed assetsIntangible assets -Tangible assets 35,000Investments -35,000Current assetsStocks 3,000Debtors 10,000Cash at bank and in hand 6,30019,300Written ReportsCreditors: amounts falling duewithin one year (11,300)Net Current Assets 8,000Total assets less currentliabilities 43,000Net Assets 43,000Capital and reservesCalled up share capital 100Profit and loss account 42,900Shareholders' funds 43,000 please calculate the folliwing ratios: Profitability Ratios – Gross Profit Margin, Net Profit Margin and ROCE● Liquidity – Current Test and Acid Test● Gearing● Activity/Performance – Stock Turnover, Debtors’ Collection Period and AssetTurnover…Figure out what the Cost of Goods Sold is for the order placed for FIFO LIFO and Weighted Average Cost (Average Cost) Building 925 Purchase Schedule Date Item Units ordered Unit Price Total Cost Jan 1 Lanyards 100 $2 200 Jan 2 Tshirts 1000 $3 3000 Jan 3 Mugs 500 $2 1000 Jan 4 Hats 100 $3 300 Jan 5 Bags 1000 $1 1000 Total 2700 $5500 Sales Date Unit Unit Price Amount ordered Total Jan 10 Lanyard $4 100 $400 Tshirts $10 100 $1000 Total…Pro Hockey Store is evaluating two supplies of hockey skates: JA skates and Power skates. Pertinent information about each potential supplier follows: Relevant Item JA Skates Power Skates Purchase Price $50.00 $51.20 Ordering cost per order $8.00 $8.00 Carrying cost per year 20% of Purchase price 5% of Purchase price Inspection cost per unit $0.02 $0.00 Insurance, material handling, and so on per unit per year $3.00 $3.50 Annual Demand 12,000 12,000 Average quantity of inventory held during the year 120 units 120 units Required Return on investment 10% 10% Stockout cost per unit $34 $22 Stockout units per year 350 65 Customer Returns 300 25 Customer-return costs per unit $45 $45 a. Calculate the EOQ for both suppliers b. Calculate the relevant costs of purchasing (1) JA Skates and (2) Power Skates. From where should Pro Hockey buy skates ?
- Problem: AAA Company produces and sells Product X: Annual Demand 24,000 units Annual cost to held one unit of inventory P11.52 Order Cost P38.40 Beg. Inventory P 0 a. What is the Economic Order Quantity? b. How much is the total Order Costs? c. How much is the total Carrying Costs?Thomas Corporation produces heating units. The following values apply for a part used in their production (purchased from external suppliers): D = 12,500 Q = 250 P = 45 C = 4.50 Required: 1. For Thomas, calculate the ordering cost, the carrying cost, and the total cost associated with an order size of 250 units. 2. Calculate the EOQ and its associated ordering cost, carrying cost, and total cost. Compare and comment on the EOQ relative to the current order quantity. 3. What if Thomas enters into an exclusive supplier agreement with one supplier who will supply all of the demands with smaller, more frequent orders? Under this arrangement, the ordering cost is reduced to 0.45 per order. Calculate the new EOQ and comment on the implications.INFORMATION The following information relates to the only product produced by Clermont Manufactures during August 2022. Openong inventory.....................................................................Nil Number of units manufactured...................................................5 000 Number of units sold...................................................................4 500 Selling price per unit....................................................................R300 Direct materials cost per unit.......................................................R60 Direct labour cost per unit............................................................R40 Fixed manufacturing overheads cost...........................................R90 000 Variable manufacturing overheads per unit..................................R30 Fixed selling cost..........................................................................R50 000 Fixed administrative…
- E15-19. Scatter Diagrams and High-Low Cost Estimation Assume the local Pearle Vision has the following information on the number of sales orders received and order-processing costs. Month Sales Orders Order Processing Costs 1 3,300 $90,970 2 1,650 55,412 3 4,840 132,770 4 3,080 90,090 5 2,530 76,752 6 1,320 47,410 7 2,200 68,750 Required a. Use information from the high- and low-volume months to develop a cost-estimating equation for monthly order-processing costs. b. Plot the data on a scatter diagram. Using the information from representative high- and low-volume months, develop a cost-estimating equation for monthly production costs. c. What factors might have caused the difference in the equations developed for requirements (a) and (b)?NEED IT ASAP LO.3 (FIFO cost assignment) In October 2010, Tibbetts Company had the following production and cost data:Beginning inventory units (80% complete as to DM;45% complete as to DL; 30% complete as to OH)42,600October completed production 1,570,000Units in ending inventory (35% complete as to DM;15% complete as to DL; 5% complete as to OH) 28,400Beginning inventory cost $458,482October direct material cost per EUP $10.74October direct labor cost per EUP $13.88October overhead cost per EUP $24.80 a. What is the cost of the beginning inventory transferred out in October?b. What is the total cost transferred out in October?c. What is the cost of ending inventory at the end of October?d. What is the total cost to account for during October?A firm buys and sell two models, P and Q. The following unit’s cost are available (all figures are in GHc and all the cost are borne by the firm). P Q Purchase 100 200 Delivery cost from supplier 20 30 Delivery costs to customer 22 40 Packaging costs 15 18 Selling price 150 300 Required: calculate the figure to be included in closing inventory for a unit each model, according o IAS 2 Inventories.
