Compare cost of shredding cabbage in house vs. buying processed.
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Compare cost of shredding cabbage in house vs. buying processed. O O 3. House salad: shredded...
The Brookings Nut house sells peanuts for $3 per pound and cashews for $5 per pound with a 10% discount for orders over $20. Since this is a special offering there is a limit of 20 lb for each kind of nut for each customer. A unit has been programmed to compute the price of an order given the weights of peanuts and cashews. The unit is required to print an invalid data message for weights that are negative or...
PLEASE SHOW ALL CALCULATIONS!!!!! OSCM Assignment 6 - Reducing Waste vs. Price Increase In a competitive marketing environment for consumer products, manufacturers are not allowed the luxury of raising selling prices to increase profits. This environment makes it difficult to increase sales unit volume without increasing very costly marketing expenses. Without price increases and sales volume increases, it is the job of top management decision makers to find other ways to increase profitability – they turn to Continuous Improvement. Background:...
Problem 7-25 Nancy's Nut House is a processor and distributor of a variety of different nuts. The company buys nuts from around the world and roasts, seasons, and packages them for resale. Nancy's Nut House currently offers 15 different types of nuts in one-pound bags through catalogs and gourmet shops The company's major cost is that of the raw nuts; however, the predominantly automated roasting and packing processes consume a substantial amount of manufacturing overhead cost. The company uses relatively...
Question 3: Make versus buy You make refrigerators. Currently, you manufacture compressors for your refrigerators in-house. An outside supplier has offered to sell you equivalent compressors at a wholesale price of $65 per unit. You need 1,000 compressors per month. The internal production costs per compressor are as follows: cost per unit direct materials $20 direct labor $20 variable overhead $20 total If you outsource the production of compressors (the buy option) in the short term, how will this choice...
Question Material
g) Ending finished goods inventory budget (3 marks) h) Cost of goods sold budget (4 marks) Fizzy Pop bottles a lemon flavoured soft drink. All inventory is in direct materials and finished goods at the end of each quarter. There is no work-in-process inventory. Fizzy Pop uses cases as the unit of analysis in its budgeting. Each case contains 24 bottles. The business is preparing to build its master budget for the next financial year ending 31 December...
Little Annin Flagmakers
Cost of Goods Sold Budget (USD)
Cost of Goods Sold (FIFO)
Units
Cost/unit
Total Cost
Beg. FG inventory
Add: Cost of Goods Mfg'd
Good Available for Sale
Less: Ending FG inventory
Cost of Good Sold
Little Annin Flagmakers
Selling and Administrative Expense Budget (USD)
April
May
June
Quarter
Budgeted sales in units
Variable S&A per unit
Total Variable S&A
Total Fixed S&A
Total S&A Expense
Less: Depreciation
Cash Disbursements for S&A
Little Annin Flagmakers
Cash Budget (USD)
April
May...
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Chapter 2 An Introduction to Cost Terms and Purposes Function Representative Cost Driver 1. Accounting 2. Human resources 3. Data processing 4. Research and development 5. Purchasing 6. Distribution 7. Billing A. Number of invoices sent B. Number of purchase orders C. Number of research scientists D. Hours of computer processing unit (CPU) E. Number of employees F...
Blues Traveler Company sells electric razors. The company’s home office is in Princeton, New Jersey. The company was founded in 2005 when John Popper invested $300,000 for 30,000 shares and Chan Kinchla invested $200,000 for 20,000 shares of common stock. The only other financing activities relate to a $500,000 bank loan from 1st National Bank that accrues interest at six percent per year payable on January 1 each year that has an unpaid balance of $400,000. The loan is due...
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L M N O P Q R S at 10 at A1 ✓ fx Part 2 C D E F G H I J K 7 The budget director for Bird House Unlimited, Inc., has gathered the following data for use in developing the budgeted income statement for January 2020. Estimated sales for January Bird House 34,000 units $42 per unit Bird Feeder 25,000 units $70 per unit Direct materials Estimated inventories at January 1(beginning)...
11-30 Relevant Cost Exercises Each of the following situations is independent: a. Make or Buy Terry Inc. manufactures machine parts for aircraft engines. CEO Bucky Walters is considering an offer from a subcontractor to provide 2,000 units of product OP89 for $120,000. If Terry does not purchase these parts from the subcontractor, it must continue to produce them in-house with these costs: Cost per Unit Direct materials $28 Direct labor 18 Variable overhead 16 Allocated fixed overhead 4 Required 1....