Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces sub
components at a rate of 305 per day, and it uses these subcomponents at a rate of 12 comma 400 per year (of 250 working days). Holding costs are $3 per item per year, and ordering costs are $29 per order.
a) What is the economic production quantity?
b) How many production runs per year will be made?
c) What will be the maximum inventory level?
d) What percentage of time will the facility be producing components?
e) What is the annual cost of ordering and holding inventory?
a) What is the economic production quantity?
b) How many production runs per year will be made?
c) What will be the maximum inventory level?
d) What percentage of time will the facility be producing components?
e) What is the annual cost of ordering and holding inventory?
1 answer:
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Answer:
Kindly find the complete questions attached.
a) 325,000 units were transferred to finished goods
direct materials 171,053
direct labor 85,526
factor overhead 68,421
(b) February's equivalent units of production was 445,000 units :
direct materials 234,211
direct labor 117,105
factor overhead 93,684
(c) the cost of direct material introduced into production during February was $234,211
(d) The cost of direct labor introduced into production in February was $35,132
(e) The factory overhead application rate was 80% of Direct Labor
(f ) Of the total cost (beginning inventory plus additional production cost), allocation to
ending work in process is 120,000 units costing $80,211
(g) Of the total cost (beginning inventory plus additional production cost), transfer to finished goods inventory is $217,237
(h) February's gross profit is $373,363
Please review the attached for detailed workings and presentation of the answers
Answer:
Hello your question is incomplete attached below is a screenshot of the question
Answer: i) Darby is doing something wrong
ii) Ethic traps are : Money and Rationalization
Explanation:
Darby is doing something wrong because she is taking the benefits of H associates company for personal purposes. and this totally unethical behavior been exhibited by Darby
The ethics trap faced by Darby are :
Money ; Money is the most influential trap that makes employees engage in most unethical activities because Human beings want more money always
Rationalization : Darby is using the company's facilities for personal use because she feels that her usage of the facilities for personal use won't affect the company negatively
