The table below summarizes the data that may be useful for evaluating one of the suppliers, Ling Ling Inc. If Ling Ling's competing supplier quotes a price of $46, what is the total evaluation score for Ling Ling Inc. using the weighted point method? Factor Weights Method of measurement | Supplier performance (past 12 months) Quality 40 1% defective, subtract 5% 0.8% defective Delivery 30 1 day late, subtract 1% Average 2 days late Price 20 Lowest price paid or price charged $50 Service 10 Good 70%; Fair = 70%; Poor = 40% | Fair = 70% (a) 89.7 (b) 93.2 (c) Neither 89.7 nor 93.2 (d) Cannot determine from the above information because it cannot be compared to another supplier's performance rating

The table below summarizes the data that may be useful for evaluating one of the suppliers, Ling Ling Inc. If Ling Ling's competing supplier quotes a price of $46, what is the total evaluation score for Ling Ling Inc. using the weighted point method? Factor Weights Method of measurement | Supplier performance (past 12 months) Quality 40 1% defective, subtract 5% 0.8% defective Delivery 30 1 day late, subtract 1% Average 2 days late Price 20 Lowest price paid or price charged $50 Service 10 Good 70%; Fair = 70%; Poor = 40% | Fair = 70% (a) 89.7 (b) 93.2 (c) Neither 89.7 nor 93.2 (d) Cannot determine from the above information because it cannot be compared to another supplier's performance rating

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter13: Emerging Topics In Managerial Accounting

Section: Chapter Questions

Problem 41E: Bradshaw Company reported sales of 5,000,000 in 20X1. At the end of the fiscal year (June 30, 20X1),...

See similar textbooks

Similar questions

None
Please help me with show all Calculation thanku
Bradshaw Company reported sales of 5,000,000 in 20X1. At the end of the fiscal year (June 30, 20X1), the following quality costs were reported: Required: 1. Prepare a quality cost report. 2. Prepare a graph (pie chart or bar graph) that shows the relative distribution of quality costs, and comment on the distribution. 3. Assuming sales of 5,000,000, by how much would profits increase if quality improves so that quality costs are only 3% of sales?
When prices are falling (deflation), which costing method would produce the highest gross margin for the following? Choose first-in, first-out (FIFO); last-in, first-out (LIFO); or weighted average, assuming that B62 Company had the following transactions for the month. Calculate the gross margin for each of the following cost allocation methods, assuming B62 sold just one unit of these goods for $400. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)
Quality Cost Report Whitley Company had total sales of 1,000,000 for the year ending 20X1. The costs of quality are given below. Required: 1. Prepare a quality cost report, classifying costs by category and expressing each category as a percentage of sales. What message does the cost report provide? 2. Prepare a bar graph and pie chart that illustrate each categorys contribution to total quality costs. Comment on the significance of the distribution.
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.
The table represents the breakdown of cost structure, which is constructed based on the information of Zara case. What is the worst interpretation regarding the table below? Representative Competitor Zara Posted Selling Price 100.0 100.0 - Markdown -10.5 -2.6 Retail Selling Price (RSP) =89.5 =97.4 Manufacturing Cost -51.1 -44.8 Gross Margin =44.7 =46.3 - Advertising -3.1 -0.3 Advertising-adjusted Margins =41.6 =46.3 (a) Zara has the lower markdown and advertising cost than its competitors because of its entry-timing decision (i.e., entering the market later until the demand uncertainty is substantially resolved). (b) Zara has higher manufacturing cost than its competitors because of its speed decision (i.e., shorter cycle from design to retail). (c) Zara realizes its cost leadership because the cost decreases in markdown and advertising are greater than the cost increases in manufacturing cost. (d) Zara realizes its cost leadership because of its speed decision, not because of its…
Please help answer
please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)
A. Manufacturing margin? b. Contribution margin? C. Operating income for PhiladelPho's company ?
Method of Least Squares, Predicting Cost for Different Time Periods from the One Used to Develop a Cost Formula Refer to the information for Farnsworth Company on the previous page. However, assume that Tracy has used the method of least squares on the receiving data and has gotten the following results: Required: 1. Using the results from the method of least squares, prepare a cost formula for the receiving activity. 2. Using the formula from Requirement 1, what is the predicted cost of receiving for a month in which 1,450 receiving orders are processed? (Note: Round your answer to the nearest dollar.) 3. Prepare a cost formula for the receiving activity for a quarter. Based on this formula, what is the predicted cost of receiving for a quarter in which 4,650 receiving orders are anticipated? Prepare a cost formula for the receiving activity for a year. Based on this formula, what is the predicted cost of receiving for a year in which 18,000 receiving orders are anticipated?
Do not use EXCEL to type answers please write out answers and give explanations. - Determine the cost goods sold under LIFO - Determine the cost of goods sold under average-cost