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- Information on a business is given below.Variable Expenses:Raw material expense: 250 TL / pieceAuxiliary equipment expense: 150 TL / pieceElectricity expenses: 100 TL / pieceSpare parts expense: 75 TL / pieceOther variable expenses: 125 TL / pieceFixed costs:Depreciation, interest and insurance expenses: 75 000 TLLabor and personnel expenses: 250 000 TLOther fixed expenses: 115 000 TLProduction capacity: 2000 pcs / monthSale price: 1600 TL / pieceAccording to the above,a) Find the break-even point as the production quantity?b) Find the amount that the business has to produce in order to make a profit of 500 000 TL / month?Barker Company produces and sells a single product with budgeted or standard costs as follows: Inputs Standards Direct materials 10 lbs at $10.00 per pound Direct labor 8 hours at $12.50 per hour Variable factory overhead 8 hours at $20.00 per hour Fixed factory overhead 8 hours at $40.00 per hour Overhead rates are based on 8,000 standard direct labor hours per month, i.e., this is the master budget denominator activity level. Desired ending inventories of materials are based on 10% of the next months materials needed. Desired ending finished goods are based on 5% of next periods budgeted unit sales. Unit Sales are budgeted as follows: January February March April 1,000 1,200 1,600 1,400 The budgeted sales price is $1000 per unit. Sales are budgeted as 80% credit sales and 20% cash sales. Past experience indicates that 60% of credit sales are collected during the month of sale, 38% are collected in the following month, and…You manage a production line that operates using a monthly production cycle. There are five different products that could be made this month. However, you only have 500 hours of line capacity, so you must be careful which products you select to make in the production cycle. Making a product incurs two types of setup costs: (1) a material “tear down” cost (measured in dollars) and (2) downtime for line preparation (measured in hours). Any quantity up to the forecasted monthly demand can be sold. Additional production details are given in the table below: Product 1 Product 2 Product 3 Product 4 Product 5 Monthly Demand 1000 units 1100 units 1700 units 1600 units 1500 units Revenue (per unit) $150 $175 $155 $200 $225 Production Cost (per unit) $60 $70 $60 $100 $110 Set Up Cost $10000 $15000 $25000 $10000 $5000 Set Up Time 25 hrs 15 hrs 0 hrs 10 hrs 30 hrs Production Time (per unit) .1 hrs .12…
- Answer the following questions using the output below please be brief. If there are two possibleanswers one will suffice. Where necessary a range analysis must be shown.(hint;convert to minutes) g) Suppose that the profit contribution of component 3 decrease by $2.00 . Would theoptimal solution change?h) Is the problem degenerate? Explain! i) Are there alternative optima in this problem?Your Corporation manufactures four products that use the same raw material and production machine. Your Company is experiencing a shortage of pounds of the raw material. Information related to the four products are shown below. Products A B C D Selling price $40 $32 $35 $65 Variable cots $34 $22 $27 50 Machine hours per unit 6 8 5 7 Pounds per unit 18 20 28 38 To maximize profit next month, in what order would it be best to schedule production (first to last)? a. A, B, C, D b. A, D, B, C c. B, D, A, C d. D, A, C, BJohn Ozment, director of special projects and analysis for Ozment’s Corporation, is responsible for preparing corporate financial analyses and monthly statements and reviewing and presenting the economic impacts of proposed strategies to upper management. Data for such financial analyses are obtained from operations and financial databases through direct queries of Ozment’s department staff. Reports and charts for presentations are then prepared by hand and typed. Multiple copies are prepared and distributed to various users. The pressure on Ozment’s group has intensified as demand for more and more current information increases. A solution to this reporting problem must be found.The systems department wants to develop a proprietary software package to produce the reports automatically. The project would require the company to make a considerable programming investment. Ozment is concerned about the accuracy, completeness, and currency of data isautomatically produced reports. He has…
- The Chineke Group of Company manufactures two products, namely product B and product P, and provides you with the following information: Prod. B Prod. P Selling price per unit 80.00 50.00 Less cost of sales: Direct material A @ R5.00 per kg 15.00 10.00 Direct material B @ R4.00 per kg 8.00 12.00 Direct labour @ R6.00 per hour 12.00 6.00 Variable manufacturing overhead @ R5.00 per labour hour 10.00 5.00 Fixed manufacturing overhead per unit 5.00 5.00 Gross profit 30.00 12.00 Less sales & administrative costs: Variable 6.00 4.00 Fixed 10.00 5.00 Net profit per unit 14.00 3.00 Take note of the following constraints: Material A available 360 kg Material B available 360 kg Labour hours available…SOLVE STEP BY STEP IN DIGITAL FORMAT 1. Investigate how the production planning of the beer business is carried out, based on the following elements: a. Frequency. b. Software or way of making it. c. Performance indicators used (KPI).Fitness Express sells three different types of elliptical machines. They have manufactured 50 of each machine for a special sale. The store already ha orders for 46 of machine A and 16 of machine B. Use the following information to determine how many of machine C the store needs to sell to break even? Show your work on a separate sheet of paper. Manufacturing Cost $105.00 $140.00 $175.00 Elliptical Machine Machine A Machine B Machine C Total costs of all machines: $ Total revenue: $ Number of machine Cs to sell to break even: Retail Cost $250.00 $305.00 $420.00
- Property DataAnswer the following questions about property data: Briefly describe how STR obtains raw property data. Identify the various metrics used by the hotel Industry, both the raw values, the KPIs, and the Percent Changes. Explain how metrics are calculated when it comes to multiple time periods. Compare the differences between how monthly and daily data is treated Identify “hints” that should be remember when working with the various metrics.Just need help finding the sausage constraint quantity valueA company makes two models, A and B. Which of the following production schedulesis more level?a. ABABABABABb. AAAAABBBBB