a. On your own paper, develop a graph for each product (three graphs), with Job Number (in date order) on the horizontal axis and Unit Cost on the vertical axis. Then, determine Alvarez Manufacturing Inc.'s cost performance over time for the three products. Round all answers to the nearest cent. Job No. Unit Cost 1. 22 30 41 49 58 65 78 82 92
a. On your own paper, develop a graph for each product (three graphs), with Job Number (in date order) on the horizontal axis and Unit Cost on the vertical axis. Then, determine Alvarez Manufacturing Inc.'s cost performance over time for the three products. Round all answers to the nearest cent. Job No. Unit Cost 1. 22 30 41 49 58 65 78 82 92
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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11. Decision Making with
Alvarez Manufacturing Inc. is a job shop. The management of Alvarez Manufacturing Inc. uses the cost information from the job sheets to assess cost performance. Information on the total cost, product type, and quantity of items produced is as follows:
| Date | Job No. | Product | Quantity | Amount |
|---|---|---|---|---|
| Jan. 2 | 1 | TT | 520 | $16,120 |
| Jan. 15 | 22 | SS | 1,610 | 20,125 |
| Feb. 3 | 30 | SS | 1,420 | 25,560 |
| Mar. 7 | 41 | TT | 670 | 15,075 |
| Mar. 24 | 49 | SLK | 2,210 | 22,100 |
| May 19 | 58 | SLK | 2,550 | 31,875 |
| June 12 | 65 | TT | 620 | 10,540 |
| Aug. 18 | 78 | SLK | 3,110 | 48,205 |
| Sept. 2 | 82 | SS | 1,210 | 16,940 |
| Nov. 14 | 92 | TT | 750 | 8,250 |
| Dec. 12 | 98 | SLK | 2,700 | 52,650 |
Transcribed Image Text:a. On your own paper, develop a graph for each product (three graphs), with Job Number (in date order) on the horizontal axis and Unit Cost on the
vertical axis. Then, determine Alvarez Manufacturing Inc.'s cost performance over time for the three products. Round all answers to the nearest cent.
Job No.
Unit Cost
1.
22
30
41
49
58
65
78
82
92
98
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