The possible locations that must be selected by the firm for its plants.

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Answer 1

Question

Chapter 17, Problem 1CTD

Summary Introduction

To explain: The possible locations that must be selected by the firm for its plants.

Expert Solution & Answer

Explanation of Solution

The possible locations that must be selected by the firm for its plants:

The firm must be looking at a concentrated manufacturing strategy because of the following reasons:

The tariffs for the industry are very low.
The cost required to build a plant to produce the microprocessors are very high.
The value to weight ratio of the product is very high.

The firm should look at the following factors before determining the appropriate location. They are:

Country factors.
Technological factors and
Product factors.

These factors will probably limit the new locations to any one of the developed nations. They have to select a country with a pool of skilled workers. The firm will be forced to select a technically strong country as it would like to reduce the costs involved in constructing a plant. The product will be developed keeping in mind the value to weight ratio and the universal appeal for the product.

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Presented below is information related to Swifty Inc.'s inventory, assuming Swifty uses lower-of-LIFO cost-or-market. (Per unit) Skis Boots Parkas Historical cost $285.00 $ 159.00 $ 79.50 Selling price $318.00 $217.50 $ 110.63 Cost to distribute $ 28.50 $ 12.00 $ 3.75 Current replacement cost $304.50 $157.50 $ 76.50 Normal profit margin $ 48.00 $ 43.50 $ 31.88 Determine the following: a. The two limits to market value (i.e., the ceiling and the floor) that should be used in the lower-of-cost-or-market computation for skis. Celling Limit $ Floor Limit $ b. The cost amount that should be used in the lower-of-cost-or-market comparison of boots. The cost amount $ c. The market amount that should be used to value parkas on the basis of the lower-of-cost-or-market. The market amount $

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Carmelita Inc. has the following information available: Costs from Beginning Direct materials Conversion costs Inventory Costs from Current Period $5,100 6,800 $ 20,200 1,46,900 At the beginning of the period, there were 500 units in a process that was 45% complete as to conversion costs and 100% complete as to direct materials costs. During the period, 5,100 units were started and completed. The ending inventory contained 400 units that were 29% complete as to conversion costs and 100% complete as to materials costs. The company uses the FIFO process cost method. The equivalent units of production for direct materials and conversion costs, respectively, were: a. 5,100 from direct materials and 5,491 for conversion costs. b. 5,491 for direct materials and 5,500 for conversion costs. c. 5,491 for direct materials and 5,491 for conversion costs. d. 5,500 for direct materials and 5,491 for conversion costs.

Answer 2

Question

Chapter 17, Problem 1CTD

Summary Introduction

To explain: The possible locations that must be selected by the firm for its plants.

Expert Solution & Answer

Explanation of Solution

The possible locations that must be selected by the firm for its plants:

The firm must be looking at a concentrated manufacturing strategy because of the following reasons:

The tariffs for the industry are very low.
The cost required to build a plant to produce the microprocessors are very high.
The value to weight ratio of the product is very high.

The firm should look at the following factors before determining the appropriate location. They are:

Country factors.
Technological factors and
Product factors.

These factors will probably limit the new locations to any one of the developed nations. They have to select a country with a pool of skilled workers. The firm will be forced to select a technically strong country as it would like to reduce the costs involved in constructing a plant. The product will be developed keeping in mind the value to weight ratio and the universal appeal for the product.

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Answer 3

Question

Chapter 17, Problem 1CTD

Summary Introduction

To explain: The possible locations that must be selected by the firm for its plants.

Expert Solution & Answer

Explanation of Solution

The possible locations that must be selected by the firm for its plants:

The firm must be looking at a concentrated manufacturing strategy because of the following reasons:

The tariffs for the industry are very low.
The cost required to build a plant to produce the microprocessors are very high.
The value to weight ratio of the product is very high.

The firm should look at the following factors before determining the appropriate location. They are:

Country factors.
Technological factors and
Product factors.

These factors will probably limit the new locations to any one of the developed nations. They have to select a country with a pool of skilled workers. The firm will be forced to select a technically strong country as it would like to reduce the costs involved in constructing a plant. The product will be developed keeping in mind the value to weight ratio and the universal appeal for the product.

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Answer 4

Question

Chapter 17, Problem 1CTD

Summary Introduction

To explain: The possible locations that must be selected by the firm for its plants.

Expert Solution & Answer

Explanation of Solution

The possible locations that must be selected by the firm for its plants:

The firm must be looking at a concentrated manufacturing strategy because of the following reasons:

The tariffs for the industry are very low.
The cost required to build a plant to produce the microprocessors are very high.
The value to weight ratio of the product is very high.

The firm should look at the following factors before determining the appropriate location. They are:

Country factors.
Technological factors and
Product factors.

These factors will probably limit the new locations to any one of the developed nations. They have to select a country with a pool of skilled workers. The firm will be forced to select a technically strong country as it would like to reduce the costs involved in constructing a plant. The product will be developed keeping in mind the value to weight ratio and the universal appeal for the product.

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Answer 5

Chapter 17, Problem 1CTD

Summary Introduction

To explain: The possible locations that must be selected by the firm for its plants.

Expert Solution & Answer

Explanation of Solution

The possible locations that must be selected by the firm for its plants:

The firm must be looking at a concentrated manufacturing strategy because of the following reasons:

The tariffs for the industry are very low.
The cost required to build a plant to produce the microprocessors are very high.
The value to weight ratio of the product is very high.

The firm should look at the following factors before determining the appropriate location. They are:

Country factors.
Technological factors and
Product factors.

These factors will probably limit the new locations to any one of the developed nations. They have to select a country with a pool of skilled workers. The firm will be forced to select a technically strong country as it would like to reduce the costs involved in constructing a plant. The product will be developed keeping in mind the value to weight ratio and the universal appeal for the product.

Answer 6

Chapter 17, Problem 1CTD

Summary Introduction

To explain: The possible locations that must be selected by the firm for its plants.

Expert Solution & Answer

Explanation of Solution

The possible locations that must be selected by the firm for its plants:

The firm must be looking at a concentrated manufacturing strategy because of the following reasons:

The tariffs for the industry are very low.
The cost required to build a plant to produce the microprocessors are very high.
The value to weight ratio of the product is very high.

The firm should look at the following factors before determining the appropriate location. They are:

Country factors.
Technological factors and
Product factors.

These factors will probably limit the new locations to any one of the developed nations. They have to select a country with a pool of skilled workers. The firm will be forced to select a technically strong country as it would like to reduce the costs involved in constructing a plant. The product will be developed keeping in mind the value to weight ratio and the universal appeal for the product.

Answer 7

Chapter 17, Problem 1CTD

Summary Introduction

To explain: The possible locations that must be selected by the firm for its plants.

Answer 8

Expert Solution & Answer

Explanation of Solution

The possible locations that must be selected by the firm for its plants:

The firm must be looking at a concentrated manufacturing strategy because of the following reasons:

The tariffs for the industry are very low.
The cost required to build a plant to produce the microprocessors are very high.
The value to weight ratio of the product is very high.

The firm should look at the following factors before determining the appropriate location. They are:

Country factors.
Technological factors and
Product factors.

These factors will probably limit the new locations to any one of the developed nations. They have to select a country with a pool of skilled workers. The firm will be forced to select a technically strong country as it would like to reduce the costs involved in constructing a plant. The product will be developed keeping in mind the value to weight ratio and the universal appeal for the product.