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valentina_108 [34]
2 years ago
6

The following information relates to the manufacturing operations of the JNR Printing Company for the year: Beginning Ending Raw

materials inventory $ 53,000 $ 56,000 Finished goods 64,000 56,000 The raw materials used in manufacturing during the year totaled $114,000. Raw materials purchased during the year amount to:
Business
1 answer:
grin007 [14]2 years ago
8 0

Answer: $117,000

Explanation:

So we are to calculate the Raw Materials purchased during the year.

Logically speaking the following should hold,

Raw materials purchased during the year + beginning raw materials = ending Raw materials + Raw materials used

Agreeing on that and rearranging the formula we will have,

Raw Material purchased during the year = Raw Material used during the year + Ending Raw Material Inventory - Opening Raw Material Inventory

Slotting in the figures we will then have,

Raw Material purchased during the year = 114,000 + 56,000 - 53,000

= $117,000

Raw materials purchased during the year amount to $117,000.

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Sandy is asked to produce 250 squidgets an hour. It takes 30 minutes to receive the necessary materials from the previous workst
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Answer:

360

Explanation:

Kanban is a method that is used to mange workflow in order to assist in visualizing the work and maximize the efficiency of a workers as well as making the workers agile.

The formula for calculating the number of Kanban is given as follows:

Number of Kanban = (Dd × LT × (1 + SS)) ÷ QC   .................. (1)

DD = Daily required production level = 250

LT = Lead Time (in minutes) = 30

SS = Safety Stock  = 20% = 0.2

QC = Number of squidgets in a container = 25

Substituting the values above into equation (1), we have:

Number of Kanban = (250 × 30 × (1 + 0.2)) ÷ 25

                                = (250 × 30 × 1.2) ÷ 25

                                = 9,000 ÷ 25

                                =  360  

Therefore, the number of kanbans to be circulated between Sandy's process and the previous operations is 360.

4 0
2 years ago
A sales manager creates a weekly group sales target of $10,000 for her employees. To entice her group members to achieve this ta
Novay_Z [31]

Answer:

pooled task interdependence.

Explanation:

This is the most interdependent type. Although each business unit accomplishes separate tasks, they provide contributions to the main common goal. If one part fails, the whole project or goal may also fail. While working independently, team members still share loose or unstructured responsibilities to achieving goals.

3 0
2 years ago
An Office Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every 10 da
adoni [48]

Answer:

880 blue ink pens

Explanation:

The computation of the inventory position is shown below:

= Current stock counted in the closet + already placed orders with the supplier

where,

Current stock counted in the closet is 220 blue ink pens

And, the  already placed orders with the supplier is 600 blue ink pens

Now placing these values to the above formula

So, the inventory position is

= 220 blue ink pens + 600 blue ink pens

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8 0
2 years ago
Myers Business Systems is evaluating the introduction of a new product. The possible levels of unit sales and the probabilities
loris [4]

Answer:

a. What is the expected value of unit sales for the new product? (Do not round intermediate calculations and round your answer to the nearest whole unit.)

Possible Market Reaction    Sales Units     Probability     Expected sales

Low response                             20                 .30                    6

Moderate response                    35                 .20                    7

High response                            50                 .20                    10

<u>Very high response                    90                 .30                    27          </u>

Total                                                                                          50 units

b. What is the standard deviation of unit sales? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

mean = (6 + 7 + 10 + 27) / 4  = 12.5

variance = {[0.30 x (20 - 50)²] + [0.20 x (35 - 50)²] + [0.20 x (50 - 50)²] + [0.30 x (90 - 50)²]} / 4 = (270 + 45 + 0 + 480) / 4 = 795 / 4 = 198.75

standard deviation = √198.75 = 14.10 units

4 0
2 years ago
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