Harry and Mary each produce 221 pieces of jig per hour. Because of poor craftmanship, 20 pieces produced by mary does not conform with specifications and repaired at a unit cost of PhP 4. Material cost per piece is Php8. if each worker is paid Php35, determine the cost per acceptable piece for mary.
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- Solomon Concrete Company pours concrete slabs for single-family dwellings. Lancing Construction Company, which operates outside Solomon's normal sales territory, asks Solomon to pour 49 slabs for Lancing's new development of homes. Solomon has the capacity to build 330 slabs and is presently working on 180 of them. Lancing is willing to pay only $2,630 per slab. Solomon estimates the cost of a typical job to include unit-level materials, $860; unit-level labor, $530; and an allocated portion of facility-level overhead, $1,310. Required Calculate the contribution to profit from the special order. Should Solomon accept or reject the special order to pour 49 slabs for $2,630 each? Contribution to profit Should Solomon accept or reject the special order? AcceptIn Myanmar, five laborers, each making the equivalent of $3.50 per day, can produce 42 units per day. In China, nine laborers, each making the equivalent of $1.75 per day, can produce 45 units. In Billings, Montana, four laborers, each making $63.00 per day, can make 102 units. Based on labor cost per unit only, the most economical location to produce the item is with a labor cost per unit of $ (Enter your response rounded to two decin ChinaMary Ann is the wife of Kevin Lomax (an associate of John Milton) and earns a little extra money by making bee inspired accessories. She sells them on Saturday mornings in Central Park to joggers and other passerby’s. Sara charges $5 per accessory (unit) and has unit variable costs (beads, wire rings, etc.) of $2. Her fixed costs consist of small pliers, a glue gun, etc., which cost her $90. a. Calculate Mary Ann’s break-even units b. Prepare a profit-volume graph for Mary Ann c. Prepare a cost-volume-profit graph for Mary Ann
- Imperial Jewelers manufactures and sells a gold bracelet for $408.00. The company's accounting system says that the unit product cost for this bracelet is $267.00 as shown below: Direct materials Direct labor Manufacturing overhead Unit product cost The members of a wedding party have approached Imperial Jewelers about buying 28 of these gold bracelets for the discounted price of $368.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the direct materials cost per bracelet by $11. Imperial Jewelers would also have to buy a special tool for $454 to apply the filigree to the bracelets. The special tool would have no other use once the special order is completed. $ 145 84 38 $ 267 To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $12.00 of the overhead is…The Robotics Manufacturing Company operates an equipment repair business where emergency jobs arrive randomly at the rate of three jobs per 8-hour day. The company's repair facility is a single-server system operated by a repair technician. The service time varies, with a mean repair time of 2 hours and a standard deviation of 1.5 hours. The company's cost of the repair operation is $28 per hour. In the economic analysis of the waiting line system, Robotics uses $35 per hour cost for customers waiting during the repair process. a. What are the arrival rate and service rate in jobs per hour? b. The company is considering purchasing a computer-based equipment repair system that would enable a constant repair time of 2 hours. For practical purposes, the standard deviation is 0. Because of the computer-based system, the company's cost of the new operation would be $32 per hour. The firm's director of operations rejected the request for the new system because the hourly cost $4 higher and…Kofi Abebrese runs a small industrial company that specialized in the production of high standard windows for housing estates. A worker is paid GH¢0.9 per hour and can produce two window s with an hour. Each window uses a frame costing GH¢1 and incur a variable overheads of GH¢0.7. Each window sells for GH¢3. Currently, due to the economic condition, work is rather slack and three employees are occupied in carrying out extensive repairs to Kofi Abebrese's own house. Kofi owns a warehouse next to the factory, which had been used as a factory store, in the past. It is now let out on a renewable annual lease of GH¢600. A new building company, Allied Consult, which specializes in the production of prefabricated houses has asked Kofi if he would be interested in accepting a contract for GH¢30,000 which will be for a year initially, to produce molded internal building sections. Kofi estimates that, the contract will take 13,200 hours of works, or the work of five men for a year, and that…
- Adams Concrete Company pours concrete slabs for single-family dwellings. Lancing Construction Company, which operates outside Adams's normal sales territory, asks Adams to pour 50 slabs for Lancing's new development of homes. Adams has the capacity to build 360 slabs and is presently working on 210 of them. Lancing is willing to pay only $2,660 per slab. Adams estimates the cost of a typical job to include unit-level materials, $960; unit-level labor, $490; and an allocated portion of facility-level overhead, $1,300. Required Calculate the contribution to profit from the special order. Should Adams accept or reject the special order to pour 50 slabs for $2,660 each?Kofi Abebrese runs a small industrial company that specialized in the production of high standardwindows for housing estates. A worker is paid GH¢0.9 per hour and can produce two window swith an hour. Each window uses a frame costing GH¢1 and incur a variable overheads of GH¢0.7.Each window sells for GH¢3. Currently, due to the economic condition, work is rather slack and three employees are occupied in carrying out extensive repairs to Kofi Abebrese's own house.Kofi owns a warehouse next to the factory, which had been used as a factory store, in the past. Itis now let out on a renewable annual lease of GH¢600.A new building company, Allied Consult, which specializes in the production of prefabricatedhouses has asked Kofi if he would be interested in accepting a contract for GH¢30,000 which willbe for a year initially, to produce molded internal building sections. Kofi estimates that, thecontract will take 13,200 hours of works, or the work of five men for a year, and that…Kofi Abebrese runs a small industrial company that specializes in the production of high-standard windows for housing estates. A worker is paid GH¢0.9 per hour and can produce two windows with an hour. Each window uses a frame costing GH¢1 and incurs a variable overhead of GH¢0.7. Each window sells for GH¢3. Currently, due to the economic condition, work is rather slack and three employees are occupied in carrying out extensive repairs to Kofi Abebrese's own house. Kofi owns a warehouse next to the factory, which had been used as a factory store, in the past. It is now let out on a renewable annual lease of GH¢600. A new building company, Allied Consult, which specializes in the production of prefabricated houses has asked Kofi if he would be interested in accepting a contract for GH¢30,000 which will be for a year initially, to produced molded internal building sections. Kofi estimates that the contract will take 13,200 hours of works, or the work of five men for a year, and that…
- Lela makes boots for Belleville Factory. she is paid on the following differential pay scale: 1-50 = $1.65 51-150= $3.30 151-200= $4.95 over 200 = $6.00 What is Lela's pay if she produced 192 boots per week on the following pay scale?Rye pays his employees on a combined minimum rate and piecework rate plan. The minimum guaranteed daily wage is 420. Any employee who produces more than 10 shirts receives a bonus. If Mr. Hae produced 14 shirts, what amount should be charged to work in process? Prepare Journal Entries.