The senior buyer at How Does Your Garden Grow Inc. needs to select a supplier for plastic patio chairs for a one-year contract. Thechairs will be shipped to the company's distribution center in Toledo, Ohio. Three potential suppliers have been identified and the datawere gathered.CompanyAnnual salesPlant locationPurchase price per unitQuality (defective parts permillion)Delivery (% on time)Transportation timeSupplier Assessment ScoresCategoryQuality performance and systemsManagement capabilities and attitudesABC Molding$9 millionErie, PA$8.40280 ppmDelivery performancePurchase priceTotal Weighted Score98.5%1 day*Shipping is not included.pictureClick here for the Excel Data Filea. Complete the weighted-point model. (Round your answers to 1 decimal place.)Weight50%10%20%20%ABC MoldingRating33Perfection Plastics$73 millionOakland, CA$10.5564 ppm4590%5 daysScorePerfection PlasticsRating Score54221-Products$34 millionSt. Louis, MO$11.45123 ppm95%2 days1-ProductsRating3132ScoreCheck my work a. Complete the weighted-point model. (Round your answers to 1 decimal place.)Supplier Assessment ScoresCategoryQuality performance and systemsManagement capabilities and attitudesDelivery performancePurchase priceTotal Weighted ScoreWeight50%10%20%20%ABC MoldingO Perfection PlasticsO I-ProductsABC MoldingRating Score3345All scores on a five-point scale with 1 = poor, 5= excellent.b. Based on this model, which supplier should be selected?Perfection PlasticsRating Score Rating Score5422wwwI-Products3132

A weighted scoring model is used by management as a project management tool to weigh the…

The senior buyer at How Does Your Garden Grow Inc. needs to select a supplier for plastic patio chairs for a one-year contract. The chairs will be shipped to the company's distribution center in Toledo, Ohio. Three potential suppliers have been identified and the data were gathered. Company Annual sales Plant location Purchase price per unit Quality (defective parts per million) Delivery (% on time) Transportation time ABC Molding $9 million Erie, PA $8.40 280 ppm Supplier Assecament Scores Category Quality performance and systems Management capabilities and attitudes Delivery performance Purchase price Total Weighted Score 98.5% 1 day *Shipping is not included. DolctureClick here for the Excel Data Eile a. Complete the weighted-point model. (Round your answers to 1 decimal place.) ABC Molding Weight Rating 50% 10% 20% 20% 3 3 Perfection Plastics $73 million Oakland, CA $10.55 64 ppm 4 5 90% 5 days Score Perfection Plastics Rating 5 4 2 2 -Products $34 million St. Louis, MO $11.45 123 ppm 95% 2 days I-Products Score Rating Score 3 1 3 2

The senior buyer at How Does Your Garden Grow Inc. needs to select a supplier for plastic patio chairs for a one-year contract. The chairs will be shipped to the company's distribution center in Toledo, Ohio. Three potential suppliers have been identified and the data were gathered. Company Annual sales Plant location Purchase price per unit Quality (defective parts per million) Delivery (% on time) Transportation time ABC Molding $9 million Erie, PA $8.40 280 ppm Supplier Assecament Scores Category Quality performance and systems Management capabilities and attitudes Delivery performance Purchase price Total Weighted Score 98.5% 1 day *Shipping is not included. DolctureClick here for the Excel Data Eile a. Complete the weighted-point model. (Round your answers to 1 decimal place.) ABC Molding Weight Rating 50% 10% 20% 20% 3 3 Perfection Plastics $73 million Oakland, CA $10.55 64 ppm 4 5 90% 5 days Score Perfection Plastics Rating 5 4 2 2 -Products $34 million St. Louis, MO $11.45 123 ppm 95% 2 days I-Products Score Rating Score 3 1 3 2

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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Alpha Technology produces two products: a high-end laptop under the label Excellent Laptops and an inexpensive desktop under the label Outstanding Computers. The two products use two overhead activities, with the following costs: Setting up equipment $3,000 Machining $15,000 The controller has collected the expected annual prime costs for each product, the machine hours, the setup hours, and the expected production. Excellent Laptops Outstanding Computers Direct labor $25,000 $10,000 Direct materials $20,000 $5,000 Expected production in units 3,000 3,000 Machine hours 850 2,000 Setup hours 80 75 Calculate the overhead cost per unit for Excellent Laptops using a plantwide rate based on direct labor costs. (Note: Round the overhead rateto two decimal places; round the final answer to two decimal places.)
In its production process, Purple Tree Inc uses a specialized part in the manufacturing of their fancy widget. The costs to make a part are: direct material, $15; direct labor, $27; variable overhead, $15; and applied fixed overhead, $32. Purple Tree has received a quote of $60 from a potential supplier for this part. If Purple Tree buys the part, 75 percent of the applied fixed overhead would continue. They need 12,000 units of the specialized part. Purple Tree Company would be better off by Group of answer choices $60,000 to buy the part. $348,000 to buy the part. $30,000 to manufacture the part. $216,000 to manufacture the part.
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SixthZ currently produces and sells 1,200 treehouses per year and sells them at $1200 per treehouse. SixthZ has the capacity to produce 1,400 treehouses. SixthZ has received a special order from the families in Davis's Village Homes community. They would like to buy 135 treehouses at a price of $800 per treehouse. The product unit cost for the treehouses is shown below: Direct Materials $500 Direct Labor $300 Variable Overhead $40 Fixed Overhead $100 SixthZ incurs no variable selling and administrative expenses. Should SixthZ accept the special order? O No, because accepting the order would result in a $113,400 decrease in operating income O No, because accepting the order would result in a $18,900 decrease in operating income O Yes, because accepting the order would result in a $54,000 increase in operating income O No, because accepting the order would result in a $5,400 decrease in operating income
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PLEASE MAKE IT IN EXCEL AND SHOW THE FORMULAS Comercial El Suspiro, S.A., purchases 2'100,000 units per year of a component. The cost of each order is $25.00. The annual unit maintenance cost is 27% of its cost of $2.00. On a 360-day basis, calculate the reorder point, knowing that it takes 10.5 days for the supplier to put in the LAB company the goods, and the company sorts and stores them in 1.5 days, calculate the reorder point.
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