Chapter 8, Problem 3.1C

Crane Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3800 units. The utilities and maintenance are mixed costs. The fixed portions of theses costs are 430 and 270, respectively. Production In Units 3800 Production Costs Direct Materials 7904 Direct Labor 15124 Utilities 1798 Property Taxes 1180 Indirect Labor 4484 Supervisory salaries 2100 Maintenance 1182 Depreciation 2650 Calculate the expected costs when product is 5,300 units

A company makes parts that cost $35.00 in material and labor. 92% of the parts are produced defect free and are sold for full price at $110 each. 2% of the parts made must be scrapped. Scrap parts are sold for $8.00 each. The remaining 6% of the parts made must be reworked at a cost of $12.00 each. After rework 1% still must be scrapped and the other 5% is sold at a discounted price of $90 each. a. Draw the tree diagram showing the quality cost situation. b. Determine the earnings per part. c. Determine the cost of poor quality (COPQ). d. Determine the earnings per part and COPQ if the rework operation was shut down and the parts that required reworking were just sold for scrap instead.

PLEASE USE SIMPLEX METHOD. Thank you! Suppose a company manufactures different electronic components for computers. Component A requires 2 hours of fabrication and an hour of assembly. Component B requires 3 hours of fabrication and an hour of assembly, and component C requires 2 hours of fabrication and 2 hours of assembly. The company has upto 1,000 labor-hours for fabrication, 800 labor-hours of assembly time each work. If the profit on each component A, B, and C is $7, $8, and $10 respectively, how many of each should be produced to maximize profit?

You are asked to help your boss deciding who is considering whether to make or buy a part fora top most demanding product of the company.Your company can make the component for $40 per unit or buy it for $50 per unit from vendor.If the Company decides to make the component, it will require 4 hours of machine time tomake each part. The company has 2,000 hours of machine time available per month. Shouldthe company make or buy the component? How many max parts company can make?________________________________________________________________

Can you please fill out the main boxes in a way that can be easily deciphered??

Kala is one of the top manufacturer of ukuleles. The manufacturer produces three different types of ukuleles. Its Concert produce $6 in profit per unit; its Soprano produce $4 in profit per unit; and its Tenor produce $8 in profit per unit. Each type of ukulele passes through three manufacturing stages as a part of the entire production process. The three process centers of modelling, curing and assembly has an available production time per day of 12 hours, 14 hours and 16 hours, respectively. To produce one hundred units of Concert, the time required for the process of modelling, curing and assembly is 2 hours, 3 hours and 2 hours, respectively. To produce one hundred units of Soprano, 2 hours of modelling, 2 hours of curing and 1 hour of assembly is required. Whereas 4 hours of modelling, 2 hours of curing and 2 hours of assembly is required to produce one hundred units of Tenor. Sensitivity report of the problem is given as below where C = unit of Concert to be produced each day, S…

Slim-Down Manufacturing makes a line of nutritionally complete, weight-reduction beverages. One of their products is a strawberry shake which is designed to be a complete meal. The strawberry shake consists of several ingredients. Some information about each of these ingredients is given below. Calories Total Vitamin Calories Content (per tbsp) (mg/tbsp) 50 20 100 0 120 80 Ingredient Strawberry flavoring Cream Vitamin supplement Artificial sweetener Thickening agent from fat (per tbsp) 1 75 0 0 30 0 50 0 2 Thickeners (mg/tbsp) 3 8 1 2 25 Cost (c/tbsp) 10 8 25 15 6 The nutritional requirements are as follows. The beverage must total between 380 and 420 calories (inclusive). No more than 20% of the total calories should come from fat. There must be at least 50 milligrams (mg) of vitamin content. For taste reasons, there must be at least two tablespoons (tbsp) of strawberry flavoring for each tbsp of artificial sweetener. Finally, to maintain proper thickness, there must be exactly 15 mg…

An analyst has started preparing a spreadsheet as shown below. Column A contains the headings for various parameters and Column B contains the analyst's range names to be used in Excel. A B 1 Price per Unit 2 Cost per Unit 3 Profit per Unit PricePerUnit Cost_Per_Unit Profit per Unit 4 5 Fixed Costs Fixed_Costs 6 Variable Costs Variable Costs Label each of the following range names as "Correct" if is a valid range name in Excel or "Incorrect" if the range name is not valid for use in Excel. Proposed Range Name PricePerUnit Cost Per_Unit Profit per Unit Fixed_Costs Variable Costs

Sam is a new Nurse Practitioner (NP) in an independent physician-owned primary care office located in a small community. He loves working with the patients and gets along very well with his coworkers. Normally, Sam will see a patient on his own, or with a female nurse, if the patient is female. However, Sam recently noticed that his time with a patient was coded and billed to Medicare as one of the physician’s time. He recalled the legal course in nursing school about Medicare and knew that NP’s time is reimbursed at 80% of the actual charge or at 85% of the physician’s fee schedule amount, whichever is the lesser. He also remembered that the physician he was billed under was not in the office that day. Being concerned, he reviewed some additional records and discovered almost all of his time was coded and billed to Medicare as one of the physician’s time. When he questioned the billing clerk about the coding, her reply was “the Physician Assistant’s and NP’s time are always coded that…