The Smelting Department of Sunland Company has the following production datafor November. Beginning work in process 1,880 units that are 100% complete as to materials and 20% complete as to conversion costs: units completed and transferred out 8,460 units; and ending work in process 6,580 units that are 100% complete as to materials and 40% complete as to conversion costs. Compute the equivalent units of production tor (a) materials and (b) conversion costs for the month of November. Materials Conversion Costs Total equivalent units

The Smelting Department of Sunland Company has the following production datafor November. Beginning work in process 1,880 units that are 100% complete as to materials and 20% complete as to conversion costs: units completed and transferred out 8,460 units; and ending work in process 6,580 units that are 100% complete as to materials and 40% complete as to conversion costs. Compute the equivalent units of production tor (a) materials and (b) conversion costs for the month of November. Materials Conversion Costs Total equivalent units

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

XY Inc. finds that the total cost of producing and selling "D" number of ACU sets is 50OD2 +3000D -43750. Each product is sold for Php600. The break even points are Blank 1units and Blank 2 units. (round off to 2 decimal places
I think these two questions are testing a similar type of concept. Why don't we include the 4.3 in q1 or 310 in q2 as cost and subtract it
Garber Furniture manufactures beds selling for $529 each. Variable costs per unit are $187 for direct material, $165 for direct labor, $44 for variable production overhead, and $15 for variable selling and administrative costs. Annual fixed costs for production overhead are $200,000 and for selling and administrative costs $124,000. What is the number of units required to breakeven? 2,436 units 2,492 units 1,831 units 2,746 units 612 units Onone of the above / listed
A manufacturer sells a particular product in both Brazil and the U.S. In Brazil, the manufacturer has been selling 4,900 units per year of the product at a price of $200 and a contribution margin of 25 percent. For sales of this product in Brazil, calculate the breakeven sales level for a $20 price increase. Show your work. In the U.S., the manufacturer’s price for this product is $400 and the contribution margin is 50 percent. The manufacturer knows that, because of gray market commerce, every one-unit change of sales of this product in Brazil leads to a 0.15-unit sales change in the opposite direction in the U.S. Given this information, recalculate the breakeven sales level in Brazil described in Part a. Show your work. Using the course material, describe the concept of a price corridor. Then explain how the difference between the breakeven you calculated in Part (b) and the one you calculated in Part (a) is helpful for applying the price-corridor concept in this situation.
Solve the attachment
Write Company has a maximum capacity of 200,000 units per year. Variable manufacturing costs are $12 per unit. Fixed overhead is $600,000 per year. Variable selling and administrative costs are $5 per unit, and fixed selling and administrative costs are $300,000 per year. The current sales price is $23 per unit. A. What is the breakeven point in (a) sales units and (b) sales dollars? B. How many units must the Write Company sells to earn a profit of $240,000 per year?
Am. 101.
The monthly demand for ice cans being manufactured by Mr. Cruz is 3k pieces. With a manually guillotine, the unit cutting cost is $50.00. An electrically operated hydraulic guillotine was offered to Mr. Cruz at a price of $350 and which will cut by 25% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Cruz be able to recover of the machine if he decides to buy now?
A-Design Inc., a federally incorporated company in Canada, specializing in the design and manufacturing of armrests for the wheelchair industry plans to produce and sell 15,000 armrests at $50 per unit in its third year of operation and has also planned $20,000 for marketing campaigns, $100,000 for electricity, $240,000 for salaries, $300,000 for production materials, $20,000 for overhead, $24,000 for rent and $10,000 for depreciation. A-Design has a debt of $100,000 at an annual simple interest rate of 5% and a 25% income tax rate. Stock image: MSOffice GNG2101 – Introduction to product development and management for engineers and computer scientists Questions 1. Produce A-Design’s income statement at the end of their third year and determine the operating income, earnings before taxes and net income. 2. As at December 31st , 2022, A-Design Inc. presented the following financial data: $320,000 in cash, $100,000 for inventory, $580,000 in equipment, $500,000 in bank loans, $300,000 in…
ECONOMICS UPVOTE WILL BE GIVEN. PLEASE WRITE THE SOLUTIONS LEGIBLY. NO LONG EXPLANATION NEEDED. A company is analyzing a make-versus-purchase situation for a component used in several products, and the engineering department has developed these data: Option A: Purchase 10,000 items per year at a fixed price of Php 425 per item. The cost of placing the order is negligible according to the present cost accounting procedure. Option B: Manufacture 10,000 items per year, using available capacity in the factory. Cost estimates are direct materials = Php 250 per item and direct labor = Php 75 per item. Manufacturing overhead is allocated at 200% of direct labor (= Php 150 per item). Based on these data, should the item be purchased or manufactured?
None
The following information is available for Product 7TY which EOQ is of 125 kg. The maximum usage level is 250 kg per day while the minimum usage level is 250kg per day. Lead time is between 3-7 days. Calculate the maximum inventory level for Product 7TY,