At the end of 2018, Diatomic Company implemented a new labor process and redesigned its product with the expectation that input usage efficiency would increase. Now, at the end of 2019, the president of the company wants an assessment of the changes on the company's productivity. The data needed for the assessment are as follows: 2018 2019 Output 45,000 54,000 Output prices $10.00 $10.00 Materials (Ibs.) 22,500 22,950 Materials unit price $3.00 $4.00 Labor (hrs.) 18,000 16,875 Labor rate per hour $5.00 $5.00 Power (kwh) 11,250 14,625 Price per kwh $2.00 $3.00 How much profit was generated in 2019? a. $540,000 Ob. $270,000 Oc. $319,950 Od. $220,050 se . Which of the following is true of non-value-added activities? Oa. These activities are a source of waste in the value stream of a product. Ob. These activities are identified only after the finished goods reaches final customers. Oc. These activities ensure that no rework is required as the final product has zero-defects. d. These activities result from adopting new technology for the production process. С.

At the end of 2018, Diatomic Company implemented a new labor process and redesigned its product with the expectation that input usage efficiency would increase. Now, at the end of 2019, the president of the company wants an assessment of the changes on the company's productivity. The data needed for the assessment are as follows: 2018 2019 Output 45,000 54,000 Output prices $10.00 $10.00 Materials (Ibs.) 22,500 22,950 Materials unit price $3.00 $4.00 Labor (hrs.) 18,000 16,875 Labor rate per hour $5.00 $5.00 Power (kwh) 11,250 14,625 Price per kwh $2.00 $3.00 How much profit was generated in 2019? a. $540,000 Ob. $270,000 Oc. $319,950 Od. $220,050 se . Which of the following is true of non-value-added activities? Oa. These activities are a source of waste in the value stream of a product. Ob. These activities are identified only after the finished goods reaches final customers. Oc. These activities ensure that no rework is required as the final product has zero-defects. d. These activities result from adopting new technology for the production process. С.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject: accounting
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9. Sil Enterprises manufactures a special product "X" The following particulars were collected for the year 2019. Monthly demand of X, 15,000 units Cost of placing an order OMR 100 Annual carrying cost per unitOMR 150 Normal usage 600 units per week Maximum usage 850units per week 350 units per week Minimum usage Reorder period 4 to 6 weeks Compute from the above: (a) Reorder quantity, (b) Reorder level, (c) Minimum level, (d) Maximum level, and (e) Average stock level.
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The following information is available for Mazoon company's electricity cost for operating its heavy machinery over the last quarter of the year 2020. Month Machine hours Electricity cost September 1,800 $ 11,900 October 1,300 %24 $ 5,200 November 4,800 $ 15,200 December 6,500 $ 19,200 Using the high-low method, the estimated variable cost per machine hour for total cost of electricity is approximately: O a. $2.69 O b. None of the given answers O c. $0.37 O d. $2.86 O e. $2.95 1403 ype here to search W A a d0 ENG 15-04-2021 hp delete home end Dg dn dn 6d & 7. %23 $ 4 num 2. 6 9 + backspace lock V 8 A 94 E T. home dn 6d K L 5 0 6. enter F J LI pause C V B N M 1 shift 11 end alt ctrl /t ins