Question 23ABC company is analyzing a make vs. purchase situation for a raw material component used in their several finished good products. Thus,the engineering department has developed the following data to analyze their decision;Alternative A - Purchase 1,000 items per year at a fixed price of $17 per item. The cost of placing the order is negligible according to thepresent cost accounting procedure.Alternative B - Manufacture 1,000 items per year, using available capacity in the factory. Cost estimates are direct materials = $10 peritem and direct labor $3 per item. Manufacturing overhead is $6 per item.Based from this data, the Total Cost of Alternative A is $Blank 1 while the Total Cost of Alternative B is $Blank 2. Therefore, weselect Alternative Blank 3.Note: No need to type the UOM (Unit of Measure).Blank 1Add your answerBlank 2 Add your answerBlank 3 Add your answer

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Answered: ABC company is analyzing a make vs.…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,100 new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,800 new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,450 new students to take business courses. The utilization rate for Southeastern =% (enter your response as a percentage rounded to one decimal place). The efficiency rate for Southeastern =% (enter your response as a percentage rounded to one decimal place).
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A local firm is planning its workforce and production levels over the next year. The firm makes a variety of microprocessors and uses sales dollars as its aggregate production unit. Based on orders received and sales forecasts provided by the marketing department, the estimate of dollar sales for the next year by month is as follows: Month Production Days Predicted Demand(in $10,000) Month Production Days Predicted Demand(in $10,000) January 20 595 July 20 410 February 19 225 August 21 130 March 22 565 September 19 405 April 18 205 October 23 315 May 21 230 November 21 355 June 22 120 December 18 350 Inventory holding costs are based on a 25% annual interest charge. It is anticipated that there will be 675 workers on the payroll at the end of the current year and inventories will amount to $120,000. The firm would like to have at least $100,000 of inventory at the end of December…
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