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The Colonial House Furniture Company manufactures two- drawer oak file cabinets that are sold unassembled through catalogues. The company initiates production of 150 cabi- net packages each week. The percentage of good-quality

The Colonial House Furniture Company manufactures two- drawer oak file cabinets that are sold unassembled through catalogues. The company initiates production of 150 cabi- net packages each week. The percentage of good-quality

FINANCIAL ACCOUNTING
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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Please do question 2-3. Thanks
cabinets averages 83% per week, and the percentage of poor-quality cabinets that can be reworked is 60%. a. Determine the weekly product yield of file cabinets. b. If the company desires a product yield of 145 units per week, what increase in the percentage of good-quality products must result? 2-4. In Problem 2-3, if the direct manufacturing cost for cabinets is $27 and the rework cost is $8, compute the manufactur- ing cost per good product. Determine the manufacturing cost per product if the percentage of good-quality file cabi- nets is increased from 83% to 90%.
Transcribed Image Text:cabinets averages 83% per week, and the percentage of poor-quality cabinets that can be reworked is 60%. a. Determine the weekly product yield of file cabinets. b. If the company desires a product yield of 145 units per week, what increase in the percentage of good-quality products must result? 2-4. In Problem 2-3, if the direct manufacturing cost for cabinets is $27 and the rework cost is $8, compute the manufactur- ing cost per good product. Determine the manufacturing cost per product if the percentage of good-quality file cabi- nets is increased from 83% to 90%.
quality management program? 2-3. The Colonial House Furniture Company manufactures two- drawer oak file cabinets that are sold unassembled through catalogues. The company initiates production of 150 cabi- net packages each week. The percentage of good-quality
Transcribed Image Text:quality management program? 2-3. The Colonial House Furniture Company manufactures two- drawer oak file cabinets that are sold unassembled through catalogues. The company initiates production of 150 cabi- net packages each week. The percentage of good-quality
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