Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following informationfor the machine whose limited capacity is prohibiting the company from producing and selling additional units.Actual run time this weekMachine time available per weekActual run rate this weekIdeal run rate6,552 minutes7,800 minutesDefect-free output this weekTotal output this week (including defects)6.72 units per minute8.00 units per minute15,006 units18,300 unitsRequired:1. Compute the utilization rate. (Round your answer to 2 decimal places.)2. Compute the efficiency rate. (Round your answer to 2 decimal places.)3. Compute the quality rate. (Round your answer to 2 decimal places.)4. Compute the overall equipment effectiveness (OEE). (Do not round intermediate calculations. Round your final answer to 3decimal places.)Utilization rateEfficiency rateQuality rateOverall equipment effectiveness< Prev2 of 2NextMcGrawHillMacBook Pro

Utilization rate = [Operating time / Scheduled time]*100 Efficiency rate = (Total output / Operating…

Answered: Jefferson Company's demand for its only…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Product Decisions Under Bottlenecked Operations Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high demand. Thus, Youngstown Glass is able to sell all the safety glass that it can make. The production process includes an autoclave operation, which is a pressurized heat treatment. The autoclave is a production bottleneck. Total fixed costs are $270,000 for the company as a whole. In addition, the following information is available about the three products: Large Medium Small Unit selling price $122 $347 $448 Unit variable cost 96 284 394 Unit contribution margin $ 26 $ 63 $ 54 Autoclave hours per unit 2 6 4 Total process hours per unit 4 12 12 Budgeted units of production 4,200 4,200 4,200 a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production. Large Medium…
Product Decisions Under Bottlenecked Operations Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high demand. Thus, Youngstown Glass is able to sell all the safety glass it can make. The production process includes an autoclave operation, which is a pressurized heat treatment. The autoclave is a production bottleneck. Total fixed costs are $167,000 for the company as a whole. In addition, the following information is available about the three products: Large Medium Small Unit selling price $381 $209 $199 Unit variable cost 300 171 175 Unit contribution margin $ 81 $ 38 $ 24 Autoclave hours per unit 6 4 2 Total process hours per unit 18 8 6 Budgeted units of production 2,600 2,600 2,600 a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production. Large Medium Small Total Units…
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Please do not give solution in image format thanku
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Mooran Corporation has been asked by a customer to fill a special order for 9,000 units of product AB40 for $20.50 a unit. While the product would be modified slightly for the special order, product AB's normal unit product cost is $14.40: Direct materials $ 3.10 Direct labor 1.50 Variable manufacturing overhead 6.40 Fixed manufacturing overhead 3.40 Unit product cost $ 14.40 Assume that direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing overhead costs. The customer would like modifications made to product AB45 that would increase the variable costs by $5.00 per unit and that would require an investment of $36,000 in special molds that would have no salvage value. This special order would have no effect on the company's other sales. The company has ample spare capacity for producing the special order. The annual financial…
Memofax Inc. produces memory enhancement kits for fax machines. Sales have been very erratic, with some months showing a profit and some months showing a loss. The company's contribution format income statement for the most recent month is given below. Sales (12,600 units at $40 per unit $504,000 Variable expenses Contribution margin Fixed expenses 302,400 201,600 Net operating loss 225,600 $(24,000) The sales manager feels that a $7,700 increase in the monthly advertising budget, combined with an intensified effort by the sales staff, will result in a $73,000 increase in monthly sales. If the sales manager is right, what will the revised net operating income or loss?
Ivanhoe Bikes could sell its bicycles to retailers either assembled or unassembled. The cost of an unassembled bike is as follows. Direct materials $ 162 Direct labor 70 Variable overhead (70% of direct labor) 49 Fixed overhead (30% of direct labor) 21 Manufacturing cost per unit $ 302 The unassembled bikes are sold to retailers at $ 476 each. Ivanhoe has unused productive capacity that is expected to continue indefinitely; management has concluded that some of this capacity could be used to assemble the bikes and sell them at $ 521 each. Assembling the bikes will increase direct materials by $ 5 per bike and direct labor by $ 10 per bike. Additional variable overhead will be incurred at the normal rates, but there will be no additional fixed overhead as a result of assembling the bikes. Prepare an incremental analysis for the sell-or-process-further decision. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45). Do not leave any…
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