It takes Boeing 28,718 hours to produce the eighth 787 jet. The learning factor is 75%.Time required for the production of the twelfth 787:12th unit timehours(round your response to the nearest whole number).

Step 1: Step 2: Step 3: Step 4:

Answered: It takes Boeing 28,718 hours to produce…

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter3: Cost Behavior

Section: Chapter Questions

Problem 23E: Bordner Company manufactures HVAC (heating, ventilation, and air conditioning) systems for...

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ondor Airplane Company has built a new model jet aircraft which it intends to sell to high net worth clients. This aircraft required 25,000 hours to complete. Condor believes an incremental unit-time learning model with an 82% learning curve best reflects the company's production efficiency. Condor just received a contract to make fifteen identical aircraft. What will be the expected unit time for the sixteenth aircraft?
NUBD Company is planning to introduce a new product with a 75 percent incremental unit-time learning curve for production in batches of 1,500 units. The variable labor costs are P55 per unit for the first 1,500-unit batch. Each batch requires 200 hours. There are P15,000 in fixed costs not subject to learning. What is the cumulative total time (labor hours) to produce 3,000 units?
Please answer may questions as possible as you can. Time runningThank you❤
Nash Corporation manufactures and sells custom snowmobiles. From the time an order is placed till the time the snowmobile reaches the customer averages 50 days. This 50 days is spent as follows: Wait time: 10 days Move time: 5 days Process time: 15 days Queue time: 15 days Inspection time: 5 days What is Nash's manufacturing cycle efficiency (MCE) for its snowmobiles?
Bordner Company manufactures HVAC (heating, ventilation, and air conditioning) systems for commercial buildings. For each new design, Bordner faces a 90 percent learning rate. On average, the first unit of a new design takes 600 hours. Direct labor is paid 25 per hour. Required: 1. Set up a table with columns showing: the cumulative number of units, cumulative average time per unit in hours, and cumulative total time in hours. Show results by row for total production of one unit, two units, four units, eight units, and sixteen units. (Round hour answers to two significant digits.) 2. What is the total labor cost if Bordner makes the following number of units: one, four, sixteen? What is the average cost per system for the following number of systems: one, four, or sixteen? (Round your answers to the nearest dollar.) 3. Using the logarithmic function, set up a table with columns showing: the cumulative number of units, cumulative average time per unit in hours, cumulative total time in hours, and the time for the last unit. Show results by row for each of units one through eight. (Round answers to two significant digits.)
After spending a year and $48,000, you finally have the design of your new product ready. In order to start production, you will need $27,000 in raw materials and you will also need to use some existing equipment that you've fully depreciated, but which has a market value of $101,000. Your colleague notes that the new product could represent 10% of the company's overall sales and that 10% of overhead is $60,000. Your tax rate is 40%. As you start your analysis of the product, what should be your initial incremental free cash flow? The initial incremental free cash flow is $ sign if the answer is negative.) . (Round to the nearest dollar. Be sure to use a negative
Explain the computation needed. We have been producing product A for several years and look forward to several more years of sales at 500,000 units per year or 2,000 units per day. The present method requires a standard time of 2.0 mins per unit or 30 pcs per hour. At this rate, it takes 33.33 hrs to make 1,000 units. All production will run on the day shift. Present Method and Costs- with a labor rate of $10.00/hr, the labor cost will be $333.30 to produce 1,000 units. The cost of 500,000 units per year would be $166,650.00 in direct labor. New Method and Cost- we have a reduction idea. If we buy this new machine attachment for $1000, the new time standard would be lowered to 1.5 minutes per unit. Will this investment be good for us?
Your firm designs training materials for computer training classes, and you have just received a request to bid on a contract to produce a complete set of training manuals for an 8-session class. From previous experience, you know that your firm follows a 90% learning rate. For this contract, it appears that the effort will be substantial, running 400 hours for the first session. Your firm has an average cost of labor of $60/hour and the overhead is expected to run a fixed $1000 per session. The customer will pay you a flat fixed rate per session (Per Session Price.) If your profit markup is 12%, what will be the Total Price, the Per Session Price, and at what session will you break even? Answer the following four questions: What is the Total Price? This is what you would charge the customer so that you can have your profit markup of 10% over all of your costs. To calculate this, first figure out your cost per each session, add them up, and then add your profit. What is the Per…
Amanufacturermakes 7,900,000 memory chips per year. Each chip takes 0.4minutes of direct labor at the rate of $8 per hour. The overhead costs are estimated at $11 per direct labor hour. A new process will reduce the unit production time by 0.01 minutes. If the overhead cost will be reduced by $5.50 for each hour by which total direct hours are reduced, what is the maximum amount you will pay for the new process? Assume that the new process must pay for itself by the end of the first year. (a) $25,017 (b) $1,066,500 (c) $10,533 (d) $17,775 (e) $711,000.
After spending a year and $80,000, you finally have the design of your new product ready. In order to start production, you will need $22,000 in raw materials and you will also need to use some existing equipment that you've fully depreciated, but which has a market value of $100,000. Your colleague notes that the new product could represent 10% of the company's overall sales and that 10% of overhead is $40,000. Your tax rate is 20%. As you start your analysis of the product, what should be your initial incremental free cash flow?
You run a software development business where customers require immediate technical support. You plan to target 1,092 users this month of which 12.22% will convert and become customers. Each customer will require about 48 minutes of phone support per month from the first month. You plan to recruit the support staff on an hourly basis for $27.7 per hour plus 21.3% in benefits. For every 30 minutes of phone support, each support staff will be entitled to another 15 minutes of administrative and email/messaging support time. How much is the monthly support expense for the customers targeted this month assuming no churn? Options: $5,380 $5,515 $5,649 $5,784 $5,918

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