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- Problem solve#17 A company operates 25 days a month. The standard output per worker per day is 40 units. The company is using an exact demand strategy in its production plan. If the demand for next month is 20,000 units, how many workers that the company required to meet the demand? Answer A 500 workers 8 20 workers C 800 workers 2014 - 2022 Chat With Us ENG 928 AM US 2/22/2022Question 3 Angie March owns a catering company that stages banquets and parties for both individuals and companies. The business is seasonal, with heavy demand during the summer months and year-end holidays and light demand at other times. Angie has gathered the following cost information from the past year: Month January February March April May June July August September October November December Total ▼(a) Labor Hours Overhead Costs 3,500 2,800 3,000 4,200 4,500 5,500 6,500 7,500 7,800 4,500 Variable cost = $ x 3,100 6,500 59,400 Your answer is partially correct. Try again. Using the high-low method, compute the overhead cost per labor hour and the fixed overhead cost per month. (Round variable cost to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.) Fixed cost = $ $73,000 69,080 70,000 77,000 80,000 87,000 91,000 96,000 99,580 81,000 73,000 90,000 $986,660 6.1 per labor hour
- I want the solvQuestion 5.1 Stark and Company would like to evaluate one of the product lines that they sell to the defense department. Every month the Stark and Company produce an identical number of units, although the sales in units differ from month to month. Selling price Units in beginning inventory $105 110 Units produced 6,400 Units sold 6,100 Units in ending inventory Variable costs per unit: 410 Direct materials $62 Direct labour $48 Variable manufacturing overhead Variable selling and administrative Fixed costs: $3 $7 Fixed manufacturing overhead Fixed selling and administrative $64,000 $35,600 Submission Instructions: 1. Under variable costing, identify the unit product cost for the month. 2. What is the unit product cost for the month under absorption costing? 3. Prepare an income statement for the month using the contribution format and the variable costing method. 4. Prepare an income statement for the month using the absorption costing method.Question 5.2 Xplornet Ltd. is an internet service provider. The company had 14,000,000 subscribers in 2021, and employed 18 customer service representatives. During 2021 each customer service representative worked 7 1/2 hours per day for 236 days at a fixed annual salary of $42,000. The company received 110,000 telephone calls from its customers in 2021 that lasted fifteen minutes on average. Required Calculate the cost of unused customer service capacity in 2021 with the assumption that customer service costs are engineered costs.
- QUESTION 2 Answer the questions from the information provided. 2.1 Use the information provided below to calculate the number of units of Product Tex that must be produced for July and August. INFORMATION 2.2 2.3 The estimated sales volume of Product Tex is 25 000 units for June, 21 000 units for July, 30 000 units for August and 36 000 units for September. The policy of management is to maintain an ending finished goods inventory each month equal to 20% of the current month's budgeted sales and 30% of the following month's budgeted sales. Study the information provided below and calculate the expected value of closing inventory as at 31 December 2022, if the FIFO method of inventory valuation is used. INFORMATION The following information was supplied by Sunbeam Manufacturers for 2022 in respect of its finished goods: Inventory on 01 January Cost of production of finished goods manufactured Cost of goods sold Sales value of the goods sold Use the information provided below to…Question 9 The yearly demand for a screen is 120,000 pc. Average cost per piece is $100; holding cost rate is 20%; changeover (setup) time for the presses is 2 hours; and cost of downtime for changing over is $300/hr. Calculate: (a) the economic batch size , and (b) the total annual inventory cost. A None of these is correct (a) 1,897 pc, (b) $45,806.48 C (a) 2,683 pc, (b) $53,665.63 D (a) 34,641 pc, (b) $90,932.6PROBLEM #2 Novex Company keeps careful track of the time to complete customer orders. During the most recent quarter, the following average times were recorded for each unit or order: Days . 17.0 Wait time..... Inspection time........0.4 Process time ..........2.0 Move time ..... Queue time.... .5.0 Goods are shipped as soon as production is completed. ..0.6 Required: 1. Compute the throughput time. 2. Compute the manufacturing cycle efficiency (MCE). 3. What percentage of the production time is spent in non-value-added activities? 4. Compute the delivery cycle time.