No. There are times where
some projects are so important that they need to be finished as soon as
possible. You have to make sure that
employees will be compensated for their work when they do so. Make sure that the company follows proper
guidelines in doing overtime.
Answer:
$26.59
Explanation:
Data provided in the question:
Production volume = 602,000 units per year
Market price = $30 per unit
Desired operating income = 15% of total assets
Total assets = $13,700,000
Now,
Target profit = 15% of $13,700,000
= $2,055,000
Sale value = 602,000 × $30
= $18,060,000
Therefore,
Total cost = sale value -target profit
= $18,060,000 - $2,055,000
= $16,005,000
Thus,
Price per unit = 
= 
= $26.586 ≈ $26.59
<span>d(p) = 3200 - 8p
The demand function that the marketing depart is specifying is a simple linear equation. So it will be of the form
d = ap + b
where
d = demand for tablets
p = price of tables
a = slope of demand
b = y intercept
So let's calculate the slope first. We already have one point where price = 350 and demand = 400. We can easily create a second point by subtracting 10 from the price and increasing demand by 80, so the second point is price = 340, demand = 480. Now let's calculate a
a = (480 - 400)/(340 - 350)
a = 80/(-10)
a = -80/10
a = -8/1
a = -8
So our demand function now looks like
d = -8p + b
Let's now solve for b, then plug in the known price and sales figures and calculate. So:
d = -8p + b
d + 8p = b
400 + 8*350 = b
400 + 2800 = b
3200 = b
So our final demand equation is
d = -8p + 3200
Making it a function is
d(p) = 3200 - 8p</span>
Answer: 666.13 units
Explanation:
Given that,
Production Per day (P) = 295
Usage rate of sub-components (D) = 12,700 per year (250 working days)
Holding cost (H) = $2 per item
Ordering costs (S) = $29 per order
= $50.8
![[1-\frac{d}{P}]=[1-\frac{50.8}{295}]](https://tex.z-dn.net/?f=%5B1-%5Cfrac%7Bd%7D%7BP%7D%5D%3D%5B1-%5Cfrac%7B50.8%7D%7B295%7D%5D)
= 1 - 0.1722
= 0.8278
= 0.83
![Economic\ production\ Quantity=\sqrt{\frac{2\times D\times S}{H\times[1-\frac{d}{P}] }}](https://tex.z-dn.net/?f=Economic%5C%20production%5C%E2%80%8B%20Quantity%3D%5Csqrt%7B%5Cfrac%7B2%5Ctimes%20D%5Ctimes%20S%7D%7BH%5Ctimes%5B1-%5Cfrac%7Bd%7D%7BP%7D%5D%20%7D%7D)
= 666.13 units
Answer:
Product D
Explanation:
Calculation to determine Which product makes the MOST profitable use of the grinding machines
First step is to calculate the Variable cost per unit
Products
A B C D
Direct materials $16.10 $20.00 $13.00 $15.70
Add Direct labor 18.10 21.50 15.90 9.90
Add Variable manufacturing overhead 4.90 6.10 8.60 5.60
Add Variable selling cost per unit $3.10 $3.60 $3.30 $4.00
Variable cost per unit $42.20 $51.60 $40.80 $35.20
Now let calculate the product that makes the MOST profitable use of the grinding machines
Selling price per unit $81.20 $73.60 $70.40 $65.10
Less Variable cost per unit $42.20 $51.60 $40.80 $35.20
=Contribution margin per unit $39 $22 $29.60 $29.90
÷Grinding minutes per unit 2.25 1.35 0.95 0.55
=Contribution per grinding minutes $17.33 $16.30 $31.16 $54.36
Therefore Based on the above calculation the product that makes the MOST profitable use of the grinding machines is PRODUCT D because it has the highest Contribution per grinding minutes of the amount of $54.36
