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3 years ago

Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:

Business

1 answer:

malfutka [58]3 years ago

4 0

Answer:

$1,100

Explanation:

Computation for the Work-in-Process transferred to the finished goods warehouse on April 30

Work-In-Process Inventory, April 1 300

Direct materials used in production 225

Direct labor costs incurred 400

Manufacturing overhead costs 350

Less Work-In-Process Inventory, April 30 ($175)

Work-in-Process transferred to the finished goods warehouse $1,100

Therefore the Work-in-Process transferred to the finished goods warehouse on April 30 will be $1,100

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In early economic history money was not always available and transactions occurred through ____________ which was often very dif

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3 years ago

Part U16 is used by Mcvean Corporation to make one of its products. A total of 14,000 units of this part are produced and used e

Rus_ich [418]

Answer:

$13400

Explanation:

<u>Workings</u>

Unit of of production

Direct materials - 3.10

Direct labor - 7.70

Variable manufacturing overhead - 8.2

Supervisor's salary - 3.6

Depreciation - 2.00

Allocated general overhead 7.20

Total cost - 31.8

Cost per year = 31.8*14000

445,200

Cost of buying = 25.50

Allocated general overhead - 7.20

Total cost =32.7

Annual cost 32.7*14000 = 457800

Annual opportunity cost of internal production = 26,000

The overall advantage of buying = 26000 - (457800-445200)

= 13,400

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3 years ago

Hardwig Inc. is considering whether to pursue a restricted or relaxed current asset investment policy. The firm's annual sales a

DerKrebs [107]

Answer:

d. 2.24%

Explanation:

total annual sales = $3,600,000

fixed asset turnover = total sales / fixed assets = 4, that means that total fixed assets = $3,600,000 / 4 = $900,000

debt = 50% = $450,000

equity = 50% = $450,000

EBIT = $150,000

net income = $150,000 x (1 - 40%) = $90,000

restricted policy:

asset turnover = 2.5

sales = $3,600,000 x (1 - 15%) = $3,060,000

EBIT = $135,000

net income = $81,000

assets = $3,060,000 / 2.5 = $1,224,000

equity = $1,224,000 x 50% = $612,000

ROE = $81,000 / $612,000 = 13.24%

relaxed policy:

asset turnover = 2.2

EBIT = $150,000

net income = $90,000

assets = $3,600,000 / 2.2 = $1,636,364

equity = 50% x $1,636,364 = $818,182

ROE = $90,000 / $818,182 = 11%

difference between ROEs = 13.24% - 11% = 2.24%

8 0

3 years ago

What does the process of designing marketing channels startâ€‹ with?

umka21 [38]

The journey of a manufactured goods from its raw materials to a consumer’s hands is its marketing channel. The initial step in scheming a marketing channel is recognizing what the target consumer necessitates. Getting this step right is critical, or you’ll wind up with a mound of unsold goods. Market research is a complicated industry, but with the correct implements and direction, you can make a high-demand good that essentially sells itself.

3 0

3 years ago

A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at th

stellarik [79]

Answer: Please see answer below

Explanation:

a)No of batches of heating elements produced annually =315 per day x 248 days

Batch size = 2300

No of batches produced annually = 315 x 248 / 2300 = 33.96 = 33.97 batches

Number of inventory daily during production

= Daily production rate – Daily usage rate

= 830 – 315

= 515

so number of inventory on hand 4 days later = 515 per day x 4 days = 2060

c) Inventory for the heating elements = Batch size x ( 1 – daily requirement/ Daily production ) = 2300 x ( 1 – 315/830 ) = 2300 x ( 1 – 0.38) = 1,426

our minimum inventory per day =0

Average inventory = ( Max. inventory + Min inventory )/ 2 = 1426/2 = 713

d)we already have that 33.97batches of production of heating elements are required .

set up time of heating element per batch to use = 1/2 day

then Total set up time required in a year = 0.5 x 33.97days = 16.985 days

Number of heating elements required in a year = 315 per day x 248 days = 78,120

At production rate of 830 per day ,with no set up time required for heating element = 78120 /830 = 94.12 days

the total time required in a year for heating elements will now be

= Actual production time + Set up time

= 94.12 + 16.985

= 111.105 days

which means the spare time available annually to produce other components = 248 days – 111.105 = 136.895= 136.9 days

i )YES, since the time required to complete the other job is 6 days , there would be enough time because 6 days is less than 136.9 days of spare time

7 0

2 years ago