Talbot Industries manufactures two models of wireless headset: TI-12 and TI-28. Each product requires time on a single machine. Themachine has a monthly capacity of 540 hours. Total market demand for the two products is limited to 2,000 units of TI-12 and 1,000units of TI-28 monthly. Talbot is currently producing and selling 1,500 TI-12 models and 780 TI-28 models each month. Cost andmachine-usage data for the two products are shown in the following spreadsheet, which analysts at Talbot use for production planningpurposes:PriceLess variable costs per unitMaterialLaborOverheadContribution margin per unitFixed costsManufacturingMarketing and administrativeMachine hours per unitMachine hours usedMachine hours availableQuantity producedMaximum demandProfitRequired ARequired BTI-12 ModelTI-28 ModelTI-12$ 8023298$ 20unitsunits0.1< Required A1,5002,000TI-28$ 290Complete this question by entering your answers in the tabs below.906420$ 1160.57801,000Required:a. What is the optimal production schedule for Talbot Industries? In other words, how many TI-12s and TI-28s should the companyproduce each month to maximize monthly profit?b. If Talbot Industries produces at the level found in requirement (a), how much will monthly profit increase over the current productionschedule?Total$ 34,000$ 31,000$ 65,000What is the optimal production schedule for Talbot Industries? In other words, how many TI-12s and TI-28s should thecompany produce each month to maximize monthly profit?540540$ 55,480Required B >

When some input is in limited capacity, then we need to find out contribution per input.For example,…

Complete this question by entering your answers in the tabs below. Required A Required B What is the optimal production schedule for Talbot Industries? In other words, how many TI-12s and TI-28s should the company produce each month to maximize monthly profit? TI-12 Model TI-28 Model units units

Complete this question by entering your answers in the tabs below. Required A Required B What is the optimal production schedule for Talbot Industries? In other words, how many TI-12s and TI-28s should the company produce each month to maximize monthly profit? TI-12 Model TI-28 Model units units

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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Consider the following production and cost data for two products, L and C: Product L Product C Contribution margin per unit Machine minutes needed per unit $120 10 minutes $112 8 minutes A total of 60,000 machine minutes are available each period and there is unlimited demand for each product. What is the largest possible total contribution margin that can be realized each period? Multiple Choice $840,000 $780,000 $720,000
Q.11) Pak Cables SAOG makes four components P, Q, R and S for which costs in the forthcoming year are expected to be as follows: Product (code name) Production (Units) Unit Margin Costs: Direct Materials Direct Labour Variable production overheads P R S 2,000 4,000 8,000 6,000 Omani Rial Omani Rial Omani Rial Omani Rial 08 10 04 08 16 18 08 12 04 06 02 04 28 34 14 24 Directly attributable fixed costs per annum and committed fixed costs: Incurred as direct consequence of making P Incurred as direct consequence of making Q Incurred as direct consequence of making R Incurred as direct consequence of making S Other fixed costs (committed) Omani Rial 2,000 10,000 12,000 16,000 60,000 100,000 Directly attributable fixed costs are all items of cash expenditures that are incurred as a direct the product in house. A sub contractor has offered to supply units of P, Q, R and S for Omani Rial 24, Omani Rial 42, Omani 28 respectively. Required: A. Which of the components Pak Cables SAOG should make…
Question #2 Car Suds, Inc. has the following information available for December 2023. Unit selling price of Car Suds Soap Unit variable costs Total fixed costs Units sold $12 $8 $3,300 1,365 Required: (a) Prepare in proper form a CVP income statement that shows both total and per unit amounts. (b) Compute Car Suds breakeven in units and dollars. (c) Compute the margin of safety for Car Suds.
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Required _ what is the average cost per tractor.....
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Current Attempt in Progress Bridgeport, Inc. manufactures and sells two products, Standard and Deluxe. Relevant per unit data for each product are given below: Selling price Variable costs Machine hours (a) Product Standard $44 $22 2 Deluxe Contribution margin per unit of limited resource $75 $30 3 Compute the contribution margin per unit of limited resource for each product. $ Standard Product Deluxe
Question 1 BARTELS Limited expects to sell 8,200 mobile phones this year. The cost of placing an order from its supplier is GH¢200. Each phone costs GH¢600, and carrying costs are 20% of the purchase price. Currently, they order 250 mobile phones at a time. They are however not sure if this is efficient. You have been tasked to help. a. Provide them with an optimal order quantity (round to the nearest whole) b. What savings will accrue to BARTELS Ltd as a result of the switch? c. Based on the EOQ, how many order cycles will BARTELS have for the year? d. If daily demand is 20 mobile phones with a lead time of 2 days and safety stock of 20 phones, what is the Reorder point for Cool Ltd?
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QUESTION 38 Insourcing incurs an annual fixed cost of $30,000 and a variable cost of $60 per unit. Outsourcing incurs an annual fixed cost of $50,000 and a variable cost of $20 per unit. Using the Make-or-Buy analysis, what is the indifference point between the two alternatives? (Note your answer for question 39) a) 500 units b) 1000 units c) 1500units d) 2000 units e) 800 units QUESTION 39 For the scenario in Q38, anticipated demand is then forecast to be 1000 units. Which option would be most appropriate? a) Insource b) Outsource c) Either option d) Not enough information to evaluate e) None
Pierson Pet Products produces two models of dog beds: Basic and Custom. Price, cost and expected sales volume data for the two models are as follows: Selling price per bed Variable cost per bed Expected sales (beds) The total fixed costs for the company are $403,200. Basic $24.00 $ 17.00 66,000 Required: a. What is the anticipated level of profits for the expected sales volumes? b. Assuming that the expected product mix applies regardless of total sales, compute the break-even volume. c. If the product sales mix were to change to three Basic beds for each Custom bed, what would be the new break-even volume? Required A Required B Complete this question by entering your answers in the tabs below. Custom $ 59.00 $38.00 44,000 Basic beds Custom beds Required C Assuming that the expected product mix applies regardless of total sales, compute the break-even volume. Note: In your computations, round up the total units to break-even to the nearest whole number and round other intermediate…