A factory produces ball bearings for the industry. It makes 10,000, all the same type. Materials cost $5,000 Labor $30,000 Power $10,000 per year Unit cost is $
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- Need your helpTrucks have the following predicted costs for the next year Rent $120,000 Insurance $5,000 Power $12,000 Direct Labor $80,000 Maintenance $15,000 Direct Materials $75,000 Labour hours for the year 10,000 Units of materials 50,000 What is the overhead recovery rate per labor hour? Cost up the full cost of the following job including overheads Labor 20 hours Materials 35 units Please show all your calculationsr PAndreasen Corporation manufactures thermostats for office buildings. The following is the cost of each unit. Materials $ 36.00 Labor 14.00 Variable overhead 4.00 Fixed overhead ($1,926,000 per year; 107,000 units per year) 18.00 Total $ 72.00 Simpson Company has approached Andreasen with an offer to buy 9,100 thermostats at a price of $60 each. The regular price is $100. Andreasen has the capacity to produce the 9,100 additional units without affecting its current production of 107,000 units. Simpson requires that each unit use its branding, which requires a more expensive label, resulting in an additional $2.00 per unit material cost. The labor cost of affixing the label will be the same as for the current models. The Simpson order will also require a one-time rental of packaging equipment for $34,000. Required: a. Prepare a schedule to show the impact of filling the Simpson order on Andreasen's profits for the year. b. Do you agree with the decision to accept the special order? c.…
- Your Company has the capacity to produce 80,000 units. It produces and sells 70,000 units of a product each year. At this level of activity, Clark Company incurs the following unit costs:Direct materials $18Direct labor 25Variable overhead 9Fixed overhead 10Variable S&A 7Fixed S&A 12A special order for 9,000 units under consideration would require the one-time rental of a special machine. The rental is for $36,000. If the order is accepted, $5 of the variable S&A can be avoided. What is the least amount the company can charge per unit in this special pricing decision? (Think breakeven.) a) $61 b) $56 c) $58 d) $59 e) $57Andreasen Corporation manufactures thermostats for office buildings. The following is the cost of each unit. Materials Labor Variable overhead Fixed overhead ($1,980,000 per year; 110,000 units per year) Total $36.00 14.00 4.00 18.00 $72.00 Simpson Company has approached Andreasen with an offer to buy 9,400 thermostats at a price of $60 each. The regular price is $100. Andreasen has the capacity to produce the 9,400 additional units without affecting its current production of 110,000 units. Simpson requires that each unit use its branding, which requires a more expensive label, resulting in an additional $2.00 per unit material cost. The labor cost of affixing the label will be the same as for the current models. The Simpson order will also require a one- time rental of packaging equipment for $34,600. Required: a. Prepare a schedule to show the impact of filling the Simpson order on Andreasen's profits for the year. b. Do you agree with the decision to accept the special order? c.…Jones Products manufactures and sells to wholesalers approximately 400,000 packages per year of underwater markers at $6 per package. Annual costs for the production and sale of this quantity are shown in the table.
- 5. Hernandez, Inc. manufactures three models of picture frames for a total of 8,000 frames per year. The unit cost to produce a metal frame follows: Direct materials Direct labor Variable overhead Fixed overhead (based on 8,000 units) (70% unavoidable) $ 6 8 2 5 Total $21 A local company has offered to supply Hernandez the 8,000 metal frames it needs for $18 each. (a) Prepare an analysis for this make or buy decision. babs mont 9269onlw areas bex rito8 (0 2200 orata baxit to tinu eq 22 b200 sideh as al netto lege (b) What should Hernandez do? Explain. ( * 0002) A 000.00 заколол 000 £29 c) If Hernandez buys the product from an outside supplier, it can generate an income of $20,000 from the released productive capacity used to make the product. How does this financially affect your analysis from a? 000,00-0000! (600,0PJ 0000200 $100,001 000.01A thermoplastic film manufacturer is trying to decide between 8 types of thermoforming molding processes to be added to its molding operation. The estimated costs and revenues are shown below. Compare them on the basis of the IRR method and determine which process should be selected if the company's MARR is 7% per year. B C D E F G Initial Costs $13,000 $12,00o $11,000 $12,500 $16,000 $26,000 $19,500 Annual expenses $6,550 $9,125 $7,000 $8,000 $7,000 $11,000 $12,000 $13,000 Annual revenue $9,000 $10,000 $9,500 $13,500 $16,000 $16,200 Lifetime(years) 9. 9 9. 9. IRR 11.54% 6.88% 9.17% 11.81% 5.24% 4.86% 6.48% Perform an IRR-incremental analysis to find the best alternative.Mervin Company produces circuit boards that sell for $8 per unit. It currently has capacity to produce 600,000 circuit boards per year but is selling 550,000 boards per year. Annual costs for the 550,000 circuit boards follow. Direct materials $ 825,000 Direct labor 1,100,000 Overhead . 1,375,000 Selling expenses 275,000 Administrative expenses . 550,000 Total costs and expenses $4,125,000 An overseas customer has offered to buy 50,000 circuit boards for $6 per unit. The customer is in a different market from Mervin’s regular customers and would not affect regular sales. A study of its costs in anticipation of this additional business reveals the following: ∙ Direct materials and direct labor are 100% variable. ∙ Twenty percent of overhead is fixed at any production level from 550,000 units to 600,000 units; the remaining 80% of annual overhead costs are variable with respect to volume. ∙ Selling expenses are 40% variable with respect to number of units sold, and the other 60% of…
- solve all partsBlack pens produces 12,000 units of gel pen T50 annually at a total cost of 270,000 Direct materials 51,000 Direct labor 75,000 Variable overhead 65,000 Fixed overhead 90,000 Total 281,000 Classic pens has offered to supply 12,000 units of T50 per year for 20 per unit. If Black pens accepts the offer, 5 per unit of the fixed overhead would be saved. In addition, some of Black pens facilities could be rented to a third party for 23,000 per year. What are the relevant costs for the "make" alternative?A company manufactures travel cases. Travel cases have the following manufacturing costs: £ per bag Labour (5 hours at £5.00/hour) 25 Materials 40 Variable production overheads 10 In addition, the company has monthly fixed manufacturing overhead costs of £100,000. If 5,000 travel cases are manufactured every month, what is the total cost of manufacturing? a) £375,000 b) £475,000 c) £425,000 d) £325,000
