Decision MakingLasting Memories Inc. produces photographic paper for printing digital images. One of the processes for this operation is a coating (solvent spreading)operation, where chemicals are coated onto paper stock. There has been some concern about the cost performance of this operation. As a result, you havebegun an investigation. You first discover that all materials and conversion prices have been stable for the last six months. Thus, increases in prices for inputsare not an explanation for increasing costs. However, you have discovered three possible problems from some of the operating personnel whose quotes follow:Operator 1: "I've been keeping an eye on my operating room instruments. I feel as though our energy consumption is becoming less efficient."Operator 2: "Every time the coating machine goes down, we produce waste on shutdown and subsequent startup. It seems like during the last half year wehave had more unscheduled machine shutdowns than in the past. Thus, I feel as though our yields must be dropping."Operator 3: "My sense is that our coating costs are going up. It seems to me like we are spreading a thicker coating than we should. Perhaps the coatingmachine needs to be recalibrated."The Coating Department had no beginning or ending inventories for any month during the study period. The following data from the cost of production reportare made available:APaper stockCoatingConversion cost (incl. energy)Pounds input to the processPounds transferred outBCDEFGApril May June July August September$72,960 $69,120 $76,800 $69,120 $65,280$16,416 $17,280 $21,120 $21,600 $21,216$36,480 $34,560 $38,400 $34,560 $32,64095,000 90,000 100,000 90,000 85,00091,200 86,400 96,000 86,400 81,600$61,440$23,040$30,72080,00076,800 Complete the table showing the paper cost per output pound, coating cost per output pound, conversion cost per output pound, and yield for each month.Round dollar amounts to the nearest cent.Paper stock ($/pounds output)Coating ($/pounds output)Conversion cost ($/pounds output)Yield (pounds transferred out/pounds input)FeedbackJuneJuly$$ÅÅÅÅÅÅ$$$$%$Lasting Memories Inc.$April%$$$May%%$August%$Sept.%Check My Work(a) Remember that the cost-per-pound information is determined by dividing the costs by the pounds transferred out. The yield is determined bydividing the pounds transferred out by the pounds input.Based on the given formula, prepare a table showing the paper cost per output pound, coating cost per output pound, conversion cost per outputpound, and yield for each month.

Name: Decision MakingLasting Memories Inc. produces photographic paper for
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: Decision MakingLasting Memories Inc. produces photographic paper for printing digital images. One of the processes for this operation is a coating (solvent spreading)operation, where chemicals are coated onto paper stock. There has been some concern