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9966 [12]
2 years ago
8

As operations manager, you are concerned about being able to meet sales requirements in the coming months. You have just been gi

ven the following production report: JAN FEB MAR APR Units produced 2,100 1,600 2,600 2,800 Hours per machine 297 178 371 299 Number of machines 2 4 3 3Find the average monthly productivity (units per hour).
Business
1 answer:
Stella [2.4K]2 years ago
6 0

Answer:

January    3.54

February  2.24

March       2.33

April          3. 12

Explanation:

\frac{Production}{machine \times hours \: per \: machine}

<em>We should calcualte the total machine hours:</em>

hours per machine x machine used and then we divide the production of the month by this amount The result is how many units of output we generate per machine hours.

<em />

<em>January</em>

2,100 / (297 x 2) = 3.54

<em>February</em>

1,600 / (178 x 4) = 2.24

<em>March</em>

2,600 / (371 x 3) = 2.33

<em>April</em>

2,800 / (299 x 3) = 3.12

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Based on the following data, estimate the cost of the ending merchandise inventory:
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Answer:

$205,000

Explanation:

Given that,

Sales = $9,250,000

Estimated gross profit rate = 36%

Beginning merchandise inventory = $180,000

Purchases (net) = $5,945,000

Merchandise available for sale = $6,125,000

Estimated cost of merchandise sold:

= Sales(net) - Gross profit

= $9,250,000 - (36% × $9,250,000)

= $9,250,000 - $3,330,000

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Cost of Ending Merchandise Inventory:

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= $6,125,000 - $5,920,000

= $205,000

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1 year ago
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Explanation:

The law of equity says ' he who comes to equity must come with a clean hand. Although the law requires the enforcement of a valid contract but the precensce of a substantial mathematics mistakes make the contract unenforceable.

It's not a bilateral mistake because it's from one the parties, though not all unilateral mistakes can cancel a contract especially when done with negligence.

The contract been below the price of contract of similar nature is not a valid excuse for non performance after agreement.

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"When ClubCorp had an attrition problem, they hired a market research company to get to the bottom of things. What two things di
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Emerald Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the s
Inessa05 [86]

Answer:

a) Sales volume variance = $1496000 unfavorable

flexible-budget variance = $192000 favorable

b) For direct materials

Price variance = `$135000 unfavorable

efficiency variances = $527920 favorable

For direct manufacturing labor

Price variance = `$36600 unfavorable

efficiency variances = $914815 favorable

Explanation:

a) Sales volume variance = (Actual units sold - Budgeted units sold) x Budgeted price per unit = (4800 - 7000) × $680 = $1496000 unfavorable

flexible-budget variance =  (Actual price - Budgeted price) x Actual units sold= ($720 - $680) × 4800 = $192000 favorable

b) For direct materials

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For direct manufacturing labor

Price variance = (Actual cost - standard cost) x Actual hours = ($48/hour - $50/hour) × 18300 hours = `$36600 unfavorable

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Experience-based differentiation (EBD) which we describe as: a continuously loyalty-building systematic response to customer interaction. Don't linger on the word too much.

Organisations must pursue a multi-year path to achieve with EBD. This is why organisations will make this is one of every top business initiatives. In the financial sector, education and travel sectors we foresee EBD to make rapid progress.

WACOAL DIA, a luxury brand of WACOAL, is an example of marketing by which expertise in the procurement process has been improved.

5 0
2 years ago
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