In a few sentences, describe how to find the standard cost of an item based on...
In a few sentences, describe how to find the standard cost of an item based on the time it takes to make it, the work center rates, and the component standard costs.
Homework Answers
Standard cost of an item is composed of the following factoral cost:
1. Cost of raw material
2. Cost of machining.
3. Employee wage.
4. Overhead cost- Salary of management,administrative cost etc.
5. Consumables cost- Tools, electricity etc
6. Space cost.
7. Marketing cost
8. Transportation cost.
All these cost are converted in terms of per unit cost depending upon the production quantity for a period. The per unit cost are added to determine the standard cost of the product.
Add Answer to:
In a few sentences, describe how to find the standard cost of an
item based on...
Using sketches and a few short sentences, describe how an ultra-shallow junction (<20nm) is achieved when...
Using sketches and a few short sentences, describe how an ultra-shallow junction (<20nm) is achieved when implanting Boron into silicon. Why do we need an ultra shallow junction in transistor devices.
Personal Health& Wellness Thesis Directions: 1-Write an introduction, i.e., describe in a few sentences what you...
Personal Health& Wellness Thesis Directions: 1-Write an introduction, i.e., describe in a few sentences what you are writing in this paper. (intro-paragraph) 2-Describe how your understanding of the interconnection of body (physical), mind (psychological), and spirit (spiritual) been reinforced? Please address all 3 areas and give examples of the interconnection. (3-4 paragraphs) 3-Write your conclusion, describe in a few sentences your ending thoughts. (ending- paragraph) Paper length is between 7-8 paragraphs
15 pts Question 6 Describe in a few sentences what each of these algorithms learn from...
15 pts Question 6 Describe in a few sentences what each of these algorithms learn from training data, and how they classify unseen data - (1) SVMs 2) Learned Decision Trees
Item X is a standard item stocked in a company's inventory of component parts. Each year...
Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2,700 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $9 per unit of average inventory. Every time an order is placed for more of item X, it costs $6. a. Whenever item X is ordered, what should the order size be? (Round your answer to the...
Item X is a standard item stocked in a company's inventory of component parts. Each year...
Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 3,000 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $10 per unit of average inventory. Every time an order is placed for more of item X, it costs $6. a. Whenever item X is ordered, what should the order size be? (Round your answer to the...
Week5 Saved Help Save & Exit Sub Item X is a standard item stocked in a...
Week5 Saved Help Save & Exit Sub Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2,600 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $7 per unit of average inventory. Every time an order is placed for more of item X, it costs $26. a. Whenever item X is ordered, what should the order...
Describe how CO2 level impact climate change from the EPA footprint lab. ( In a few...
Describe how CO2 level impact climate change from the EPA footprint lab. ( In a few sentences).
Problem 11-21 (Algo) Item X is a standard item stocked in a company's inventory of component...
Problem 11-21 (Algo) Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2.000 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $5 per unit of average inventory. Every time an order is placed for more of item X, it costs $12. a. Whenever item X is ordered, what should the order size be? (Round your...
In a few sentences describe: First, choose one type of product, service, or retail store for...
In a few sentences describe: First, choose one type of product, service, or retail store for the analysis. Then, discuss how various types of features for your chosen product or retail store meet what kinds of consumers' unmet needs, given one selected needs classification model such as Maslow’s Hierarchy of Needs model, Alderfer’s ERG model, or Max-Need Human-Scale Development model (identifying four types of needs such as being, having, doing, and interacting). Next, provide at least two examples of how...
a. Explain and describe the magnitude of the optimal production level of an item that has...
a. Explain and describe the magnitude of the optimal production level of an item that has a negative externality (for example: pollution), if the company takes into account social costs. Compare this level of production with the level of production which only takes into account 'private costs' (private cost). b. What policy can be done by the government to reduce the production of goods that have negative externalities and encourage the production of goods that have positive externalities? Explain.
15 pts Question 6 Describe in a few sentences what each of these algorithms learn from training data, and how they classify unseen data - (1) SVMs 2) Learned Decision Trees
Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 3,000 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $10 per unit of average inventory. Every time an order is placed for more of item X, it costs $6. a. Whenever item X is ordered, what should the order size be? (Round your answer to the...
Week5 Saved Help Save & Exit Sub Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2,600 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $7 per unit of average inventory. Every time an order is placed for more of item X, it costs $26. a. Whenever item X is ordered, what should the order...
Problem 11-21 (Algo) Item X is a standard item stocked in a company's inventory of component parts. Each year the firm, on a random basis, uses about 2.000 of item X, which costs $25 each. Storage costs, which include insurance and cost of capital, amount to $5 per unit of average inventory. Every time an order is placed for more of item X, it costs $12. a. Whenever item X is ordered, what should the order size be? (Round your...
Most questions answered within 3 hours.
-
Write a program to solve the Josephus problem, with the following
modification:
Sample Input:
./a.out n...
asked 55 minutes ago -
At the start of a CD it is spinning at a rate of 525 rpm
(revolutions...
asked 1 hour ago -
4. Without doing any calculations, predict whether the observed
∆T would increase, decrease or remain the...
asked 2 hours ago -
Based on the range, which of the following sets of scores has
the greatest variability? 3,...
asked 3 hours ago -
Ripples in a pond travel at a velocity of 3 m/s with one peak
passing a...
asked 3 hours ago -
A man stands on the roof of a building of height 13.0 mm and
throws a...
asked 3 hours ago -
The extent to which assets are financed by borrowed funds and
other liabilities is indicated by:...
asked 4 hours ago -
Explain in detail
Germany is the fifth largest economy
explain what goods and services Germany specializes...
asked 5 hours ago -
The density of platinum is 21.45 g/mL. If a cube of platinum
with a mass of...
asked 5 hours ago -
Accounts Receivable
Sales
A/R Posting
Extended Sales Invoice
Packing Slip
Compare invoice to packing slip 2...
asked 5 hours ago -
Michaella, age 23, is a full-time law student and is claimed by
her parents as a...
asked 5 hours ago -
Why are polymers not typically casted into products?
asked 5 hours ago