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A company that manufactures products A, B, and C does both manufacturing and testing. The hours...
Stanley Manufacturing produces three products: A, B, and C. A limitation of 195 labor-hours per week...
Stanley Manufacturing produces three products: A, B, and C. A limitation of 195 labor-hours per week prevents Stanley from meeting the sales demands for its products. The product information is as follows: A B C Unit selling price $90 $120 $200 Unit variable costs - 50 - 32 - 160 Unit contribution margin $ 40 $88 $ Labor-hours per unit 4 2 1 In addition, the maximum weekly demand for each product is: Product Demand A 55 units B 30...
White Oak Inc. manufactures two products. Both products require highly skilled labor which is the only...
White Oak Inc. manufactures two products. Both products require highly skilled labor which is the only constrained resource that prevents more units from being manufactured. The company has two full time employees who provide the skilled labor. They are available for a total of 80 hours per week. The company can sell more units than it can manufacture. The product information for the two products is given below. Product M Product P Selling price per unit 0 0 Variable cost...
4. A company manufactures two products, X and Y by using three machines A, B, and...
4. A company manufactures two products, X and Y by using three machines A, B, and c Each of the products has to be processed on each machines. The Table below shows (a) the hours required on each machine to produce one unit of each of the products (b) the total number of hours available on each machine (c) the profit made on one unit of each product. It is assumed that the profit is directly proportional to the number...
A) B) C) Hickory Company manufactures two products-14,000 units of Product Y and 6,000 units of...
A)
B)
C)
Hickory Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all $614,400 of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Estimated Expected Overhead Cost Activity $ 198,000 10,000 MHs $ a 86,400...
Question 3 Not yet answered Marked out of 4.00 A company manufactures products A, B and...
Question 3 Not yet answered Marked out of 4.00 A company manufactures products A, B and C. Each product is processed in three departments I, II and III. The total available labour-hours per week for departments I, II and III are 900, 1080 and 840, respectively. The time required (in hours per unit) and profit per unit for each product are as follows: 1 A B C 2 2 II 3 2 2 2 1 Profit $ 18 $ 12...
Use the 'Solver' add in on excel to formulate the constraints The Clarke Special Parts Company manufactures thre...
Use the 'Solver' add in on excel to formulate the constraints The Clarke Special Parts Company manufactures three products: A, B, and C. Three manufacturing centers are necessary for the production process. Product A only passes through Centers 1 and 2; Products B and C must pass through all three manufacturing centers. The time required in each center to produce one unit of each of the three products is noted as follows: X1 X2 X3 Z Profit Constraints Center 1...
A furniture manufacturing company manufactures dining-room tables and chairs. A table requires 10 labor-hours for a...
A furniture manufacturing company manufactures dining-room tables and chairs. A table requires 10 labor-hours for assembly and 4 labor-hours for finishing. A chair requires 6 labor-hours for assembly and 2 labor-hours for finishing The maximum labor hours available per day for assembly and finishing are 350 and 90, respectively. Write a system of linear inequalities that represents this situation. Use the following variables: Use z for the number of tables and y for the number of chairs manufactured in a...
i) Origin Company manufactures two products, Product A and Product B. Product B is a fairly...
i) Origin Company manufactures two products, Product A and Product B. Product B is a fairly new product and is the more complex of the two products, requiring 3 hours of direct labour time per unit to manufacture compared to the 2 hours of direct labour time required for Product A. The company estimated it would incur $870,000 in manufacturing overhead costs and produce 15,000 units of Product B and 50,000 units of Product A during the current year. Unit...
Required information Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product...
Required information Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z Estimated Overhead Cost s 221,100 Expected ActivitY Activity Cost Pool Machining Machine setups Production...
Goodwin Co, manufactures two products: R and W. The company uses activity-based costing to apply manufacturing...
Goodwin Co, manufactures two products: R and W. The company uses activity-based costing to apply manufacturing overhead costs to products. The cost pools and related estimated overhead costs for 20x3 are as follows: Activity Cost Activity measure Overhead cost Pool Assembly Number of direct labour $33289 hours Inspection Number of inspections 153569 Product support Number of engineers 247332 The expected activity measures for the manufacturing of product R in 20x3 are: 135 direct labour hours, 4548 inspections, and 2 engineer(s)....
4. A company manufactures two products, X and Y by using three machines A, B, and c Each of the products has to be processed on each machines. The Table below shows (a) the hours required on each machine to produce one unit of each of the products (b) the total number of hours available on each machine (c) the profit made on one unit of each product. It is assumed that the profit is directly proportional to the number...
A)
B)
C)
Hickory Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all $614,400 of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Estimated Expected Overhead Cost Activity $ 198,000 10,000 MHs $ a 86,400...
Question 3 Not yet answered Marked out of 4.00 A company manufactures products A, B and C. Each product is processed in three departments I, II and III. The total available labour-hours per week for departments I, II and III are 900, 1080 and 840, respectively. The time required (in hours per unit) and profit per unit for each product are as follows: 1 A B C 2 2 II 3 2 2 2 1 Profit $ 18 $ 12...
A furniture manufacturing company manufactures dining-room tables and chairs. A table requires 10 labor-hours for assembly and 4 labor-hours for finishing. A chair requires 6 labor-hours for assembly and 2 labor-hours for finishing The maximum labor hours available per day for assembly and finishing are 350 and 90, respectively. Write a system of linear inequalities that represents this situation. Use the following variables: Use z for the number of tables and y for the number of chairs manufactured in a...
i) Origin Company manufactures two products, Product A and Product B. Product B is a fairly new product and is the more complex of the two products, requiring 3 hours of direct labour time per unit to manufacture compared to the 2 hours of direct labour time required for Product A. The company estimated it would incur $870,000 in manufacturing overhead costs and produce 15,000 units of Product B and 50,000 units of Product A during the current year. Unit...
Required information Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z Estimated Overhead Cost s 221,100 Expected ActivitY Activity Cost Pool Machining Machine setups Production...
Goodwin Co, manufactures two products: R and W. The company uses activity-based costing to apply manufacturing overhead costs to products. The cost pools and related estimated overhead costs for 20x3 are as follows: Activity Cost Activity measure Overhead cost Pool Assembly Number of direct labour $33289 hours Inspection Number of inspections 153569 Product support Number of engineers 247332 The expected activity measures for the manufacturing of product R in 20x3 are: 135 direct labour hours, 4548 inspections, and 2 engineer(s)....
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