The following is the cost data for planting rice Alternative/Brand Manual betha Gamma Mega machine Machine Machine Fixed cost 15 000 55 000 175 000 (Rp 1000,-/year) Variable costs 1 200 1 000 800 500 (Rp 1000,-/ha) Get in the range of planting area how many hectares / year using manual power, beta machines, Gamma machines and Beta machines.
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- A farmer in Mankweng is considering replacing 150 hectares of lettuce with 150 hectares of cucumbers. Consider the cost and income information below related to the two enterprises Lettuce Expected yield 6.3 ton/ha Cucumber Expected yeild 5.7 ton/ha Lettuce Input cost per ton R 1 320 Cucumber Input cost per ton R 1 270 Lettuce Expected selling price per ton R 3 200 Cucumber Expected selling price per ton R4 150. I. Calculate the expected change in net income for the farmer’s proposed change. II. Briefly advise the farmer if the change is desirable or not.Make or Buy Filtration, Inc. manufactures filters for use in secondary water irrigation systems. The costs per unit, for 20,000 filters, are as follows. Direct materials $6.00 Direct labor 7.00 Variable overhead 1.00 Fixed overhead 2.00 Total costs $16.00 Irrigation Products has offered to sell 20,000 filters to Filtration for $16 per filter. If Filtration accepts Irrigation Products’ offer, the facilities used to manufacture filters could be used to produce refrigerator filtration units. Revenues from the sale of refrigerator filtration units are estimated at $54,000, with variable costs amounting to 50% of sales. In addition, $1 per unit of the fixed overhead associated with the manufacture of secondary water irrigation filters could be eliminated. Compute the following: Cost to make filters Answer Cost to buy filters Answer Should Filtration, Inc. accept Irrigation Product’s offer? Yes, the cost to purchase the filters is less than the cost to…A horticulturist has just set up vegetable cultivation in a greenhouse where he grows peppers and tomatoes using sustainable energy sources, electricity for lighting and thermal energy for heating. He grows x units of peppers and y units of tomatoes. The entire amount that the farmer grows is sent to the market. The cost function of the crop is described as follows equation: ?(?, ?) = 12?2 + 24?2 The lighting's capacity means that it cannot grow more than 5,000 units in total per month. a. What should be the division between the production of peppers and tomatoes to minimize cost per month with the aim of always fully utilizing the capacity of the greenhouse? What is this minimum cost per month? b. Explain the significance of calculating the Lagrange multiplier i.e. interpret and at the same time discuss how it can be used to calculate if more productive lighting is obtained in the greenhouse and the cultivation will be 5,750 units per month.
- Filtration, Inc. manufactures filters for use in secondary water irrigation systems. The costs per unit, for 20,000 filters, are as follows. Direct materials $8.00 Direct labor 9.00 Variable overhead 1.00 Fixed overhead 2.00 Total costs $20.00 Irrigation Products has offered to sell 20,000 filters to Filtration for $20 per filter. If Filtration accepts Irrigation Products’ offer, the facilities used to manufacture filters could be used to produce refrigerator filtration units. Revenues from the sale of refrigerator filtration units are estimated at $57,000, with variable costs amounting to 50% of sales. In addition, $1 per unit of the fixed overhead associated with the manufacture of secondary water irrigation filters could be eliminated. Compute the following: Cost to make filters Answer Cost to buy filters Answer Should Filtration, Inc. accept Irrigation Product’s offer? Yes, the cost to purchase the filters is less than the cost to make them.…Cooperative Society manufactures and sells two types of water filters which are high quality and low quality by using its old equipment. The cost structure of water filters are: High Quality Low Quality Selling price per unit 90,000 25.000 Variable cost per unit 80,000 20,000 The sales mix in units is in the ratio of 3:2 for high quality and low quality respectively. The fixed costs per annum are TZS 945,000,000. Required: (a) (i) Compute breakeven point in units and in shillings for each type of the water filters. show all calculations (ii) Compute the margin of safety in units and in shillings for each type of water filters if a total of 210,000 units are sold annually. show all calculations (b) Basing on the information in (a) above, the Society is considering buying new production equipment. The new equipment will increase the fixed costs by TZS 181,000,000 per annum and will reduce the variable costs by TZS 9,000 and TZS 5,000 for high quality and low quality…Graham Corp. has 1,000 cartons of oranges that were harvested at a cost of $28,400. The oranges can be sold as is for $33,200. The oranges can be processed further into orange juice at an additional cost of $12,750 and be sold at a price of $49,500. The net benefit (additional income) from processing the oranges into orange juice instead of selling as is would be: rev: 12_08_2020_QC_CS-243270 Multiple Choice $(3,550). $(16,300). $16,300. $3,550. $36,750.
- A company has already spent $5,180 to harvest tomatoes. The tomatoes can be sold as is for $93,240. Instead, the company could incur further processing costs of $49,700 and sell the resulting salsa for $130,500. Prepare a sell as is or process further analysis of income effects.A local furniture company has estimated the following components for a new product. (in pesos) Fixed cost = 50,000Material cost per unit = 2.15Labor cost per unit = 2.00Revenue per unit = 7.50 Using spreadsheet, find the exact breakeven point. Attach excel solution. Group of answer choices 15, 380 units 14,875 units 14,925 units 15,030 units No choice givenFarmer LMN cultivates maize, wheat and sorghum on a farm with an area of 200 hectares that is suitable for cultivation. His expected yield is 4.5 tons for maize, 3.8 tons for wheat and 2.1 tons for sorghum per hectare. The expected prices are R4 800 per ton for maize, R3 500 per ton for wheat and R2 730 per ton for sorghum. His total costs are R580 000. He estimates input costs of R10 500 per hectare for maize, R8 600 per hectare for wheat and R7 880 per hectare for sorghum. Consider the information for Mr LMN’s farm to determine the minimum cultivated area he needs for his gross income to break even with his total cost
- Old Southwest Canning Co. has determined that any one of four machines can be used in a certain phase of its chili-canning operation. The first costsand annual operating costs (AOC) are estimated below, and all machines have a 5-year life. The MARR is 25% per year. (a) Determine which machine should be selected on the basis of a rate of return analysis. (b) Use a spreadsheet to perform PW analysis of each machine. Compare the machine selections with that of the ROR analysis.1. A farmer has recently acquired a 110 hectares piece of land. He has decided to grow Wheat and barley on that land. Due to the quality of the sun and the region’s excellent climate, the entire production of Wheat and Barley can be sold. He wants to know how to plant each variety in the 110 hectares, given the costs, net profits and labor requirements according to the data shown below: Variety Cost(Price/Hec.) Net Profit (price/Hec.) Man-days/Hec. Wheat 100 50 10 Barley 200 120 30 The farmer has a budget of US$10,000 and availability of 1,200 man-days during the planning horizon. In addition, the farmer would like to get a profit of at least $3000. Generate the mathematical model for the optimal usage of land area to produce wheat and barley. Using a graphical method to optimize land usage, how many hectares are to be used for wheat and barley.I need help with this question. Can you please solve d) to g) the first set was already solved. Buggs-Off Corporation produces and sells a line of mosquito repellants that are sold usually all year round. The product sells at $100 per box. The following cost data has been prepared for its estimated upper and lower limits of activity for the year ended December 31, 2020.Lower Limit Upper LimitProduction (# of boxes) 4,000 6,000Production Costs:Direct Materials …………………… $60,000 $90,000Direct Labour ………………………. 80,000 120,000Overhead:Indirect Materials…………... 25,000 37,500Indirect Labour ……………. 40,000 50,000Depreciation ………………. 20,000 20,000Selling & Administrative Expenses:Sales Salaries ……………………… 50,000 65,000Office Salaries ……………………… 30,000 30,000Advertising ………………………….. 45,000 45,000Other …………………………………………. __15,000 __20,000Total $365,000 $477,500Required:a) Classify each cost element as either fixed, variable, or mixed b) Calculate:i) the variable production cost per unit and…