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Julli [10]
2 years ago
12

During December, the production department of a process operations system completed and transferred to finished goods a total of

65,000 units of product. At the end of March, 15,000 additional units were in process in the production department and were 80% complete with respect to materials. The beginning inventory included materials cost of $57,500 and the production department incurred direct materials cost of $183,000 during December. Compute the direct materials cost per equivalent unit for the department using the weighted-average method
Business
1 answer:
Sedaia [141]2 years ago
4 0

Answer:

$3.12

Explanation:

EUP and cost per EUP DM

* Completed and transferred 65,000 x 100% = 65,000

* Ending Work in Process

* Direct materials 15,000 x 80% = 12,000

* Equivalent units = 77,000

* Costs of beginning inventory = $57,500

* Costs incurred this period = 183,000

* Total costs = $240,500

* Cost per equivalent unit $240,500 ÷ 77,000 = $3.12

Cheers

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You purchased 100 shares of IBM common stock on margin at $130 per share. Assume the initial margin is 50%, and the maintenance
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$46.43

Explanation:

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7 0
2 years ago
a) Determine a minimum inventory production plan (i.e., one that allows arbitrary hiring and firing). b) Determine the productio
PIT_PIT [208]

Answer:

Hello your question is incomplete attached below is the complete question

answer:

A) 32 units ( number of units per month per worker )

B) number of workers required = 975 / 32 ≈ 31

c) mean of the two values = 138 + 41 ) / 2 = $89.50

Explanation:

A) Determine a minimum inventory production plan ( i.e. one that allows arbitrary hiring and firing )

The number of units per month per worker = 32 units

To have a minimum/least inventory; production plan  = demand by hiring or firing

of employees

<em>attached below is the table </em>

B)  determine the production plan that meets demand but does not hire or fire workers during the six-month period

To determine this production plan we have to find the per month production = (Total demand - beginning inventory ) / 6

                   = ( 6350 - 500 ) / 6  = 975 units produced

number of workers required = 975 / 32 ≈ 31

C) Calculate The cost of subcontracting needed to beat the cheaper of the two options above

regular cost = 8 * 5 = $40

we will keep 30 workers in order to determine how much subcontracting is needed and the maximum and minimum value of each unit is kept hence the overall cost <  $253900.

if subcontracting cost = $138  then total cost = $253820

If subcontracting cost = $41  then total cost = $245090.

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Z <= (Y+1)*7680 , X + 32Y >= 5850

6 0
2 years ago
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Susan's idea of completing all work including the extras is a behavior intentionally put up to escape the constant unpleasant stimuli from Sheppad.

6 0
3 years ago
The_______of the strategic sourcing process, which is sometimes kicked off in response to an entirely new need within an organiz
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The main purpose of strategic sourcing is to save money, acquisition process, supplier performance, and minimizing risk.

Based on the seven steps the strategic source processing is performed. They are profile the category means that it defines the categories and commodities in it.

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The sixth step is implement and integrate are used for implementation process. The final step is benchmark and track results is the key element for sourcing process.

5 0
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