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3 years ago

The way to do inventory on bottles of liquid is:

1 answer:

5 0

The way to do inventory on bottles of liquid is count the bottles by the way they are positioned. See the bottles as if they are in a graph. Maybe a 5x9. then you know you have 45 bottles!

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Real Cool produces two different models of air conditioners. The company produces the mechanical systems in their components dep

brilliants [131]

Answer:

1. Plantwide Overhead Rate $ 220.06 per machine hour

Total Cost per Unit= Model 145 $ 555.96 per unit

Total cost per unit = Model 212 $ 616.94 per unit

Profit (loss) Model 145 219.04

Loss Model 212 (26.94)

Explanation:

Real Cool

Process Activity Overhead Cost Driver Quantity

Components

Changeover $452,000 Number of batches 750

Machining 300,200 Machine hours 7,640

Setups 229,000 Number of setups 40

$981,200

Finishing

Welding $180,100 Welding hours 3,600

Inspecting 231,000 Number of inspections 850

Rework 81,250 Rework orders 210

$472,350

Support

Purchasing $136,500 Purchase orders 480

Providing space 30,300 Number of units 4,500

Providing utilities 50,910 Number of units 4,500

$227,710

Additional production information concerning its two product lines follows.

Model 145 Model 212

Units produced 1,500 3,000

Welding hours 1,400 2,200

Batches 375 375

Number of inspections 610 340

Machine hours 2,290 6,350

Setups 20 20

Rework orders 80 130

Purchase orders 320 160

We find the plantwide overhead rate by dividing the total overhead with the total machine hours.

1. Plantwide Overhead Rate= Total Factory Overhead/ Total Machine Hours

Plantwide Overhead Rate= $981,200+ $472,350+$227,710/7640

= 1681260/7640= $ 220.06 per machine hour

We multiply the machine hours of each model to get the overhead .

2. Cost of Model 145

Materials and Labor = $220 *1500= $330,000

Overhead = $220.06 *2290= $503,937.4

Total Cost = $83,3937.4

Total Cost per Unit= $83,3937.4/1500= $ 555.96 per unit

Cost Of Model 212

Materials and Labor = $150 *3000= $ 450,000

Overhead = $220.06 *6350= $ 1400,810

Total Cost = $ 1850810

Total cost per unit = $ 1850810/ 3000= $ 616.94 per unit

We find the profit or loss by subtracting the mfg cost from the market value.

3. Model 145 Model 212

Market Price $775 $590

Manufacturing Cost ($555.96) ($616.94)

Profit (loss) 219.04 (26.94)

6 0

3 years ago

Leach Inc. experienced the following events for the first two years of its operations:

aniked [119]

Answer:

that is too hard check gogle

3 0

3 years ago

The following labor standards have been established for a particular product:Standard labor hours per unit of output 4.3 hoursSt

Nat2105 [25]

Answer: 1. $690 (favorable)

2. $9045 (favorable)

Explanation: These can be computed as follows :-

Labor rate variance = Actual labor cost - (standard rate * actual hours)

= $139,380 - ( $20.1 * 6900 hours )

= $690 (favorable)

Labor efficiency variance = ( Actual hours - standard hours ) * (standard rate )

= [6900 hours - (1500 units * 4.3 hours) ] * ($20.1)

= $9045 (favorable)

7 0

3 years ago

Rose decides she wants to begin her own business, marketing toward online game players. Which of the following best answers the

marta [7]

The best option is B Paint Space game Online character portraits to sell on her website.

Rose decides she wants to begin her own business, marketing toward online game players. The statement which best describe the economic question What to produce is Paint Space game Online character portraits to sell on her website.

3 0

3 years ago

Explain the marketing concept

Orlov [11]

Answer:

Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and utilizing the appropriate people to provide the customer service associated with those goods, services, or ideas. This concept is referred to as the “right” principle and is the basis of all marketing strategy. We can say that marketing is finding out the needs and wants of potential buyers (whether organizations or consumers) and then providing goods and services that meet or exceed the expectations of those buyers. Marketing is about creating exchanges. An exchange takes place when two parties give something of value to each other to satisfy their respective needs or wants. In a typical exchange, a consumer trades money for a good or service. In some exchanges, nonmonetary things are exchanged, such as when a person who volunteers for the company charity receives a T-shirt in exchange for time spent. One common misconception is that some people see no difference between marketing and sales. They are two different things that are both part of a company’s strategy. Sales incorporates actually selling the company’s products or service to its customers, while marketing is the process of communicating the value of a product or service to customers so that the product or service sells.

7 0

3 years ago

The way to do inventory on bottles of liquid is:​

The way to do inventory on bottles of liquid is: