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AURORKA [14]
3 years ago
14

On the same day that the sales department at Duffin House received an order for 500 packages from the OHaganBooks Texas headquar

ters, it received an additional order for 150 packages from FantasyBooks, based in California. Duffin House has warehouses in New York and Illinois. The New York warehouse has 500 packages in stock, but the Illinois warehouse is closing down and has only 250 packages in stock. Shipping costs per package of books are as follows: New York to Texas: $20; New York to California: $50; Illinois to Texas: $30; Illinois to California: $40. What is the lowest total shipping cost for which Duffin House can fill the orders
Business
1 answer:
Inessa05 [86]3 years ago
3 0

Answer:

Duffin House

The lowest total shipping cost for which Duffin House can fill the orders is:

= $16,000.

Explanation:

a) Data and Calculations:

Orders received from OHaganBooks, Texas = 500 packages

Orders received from FantasyBooks, California = 150 packages

No. of packages in stock at New York Warehouse = 500

No. of packages in stock at Illinois Warehouse = 250

Shipping cost:

New York to Texas: $20;

New York to California: $50;

Illinois to Texas: $30;

Illinois to California: $40

Lowest shipping cost arrangement:

500 packages from New York to Texas at $20 = $10,000

150 packages from Illinois to California at $40 = $6,000

Total shipping cost = $16,000

Other shipping cost arrangement:

150 packages from New York to California at $50 = $7,500

350 packages from New York to Texas at $20 = $7,000

150 packages from Illinois to Texas at $30 = $4,500

Total shipping cost under this arrangement = $19,000

b) The key in making this shipping arrangement is to identify the lowest shipping cost per package.  The order that attracts this shipping cost is taken first.  Then identify the next lowest shipping cost that is feasible and have the order fulfilled accordingly.

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NISA [10]

Answer:

Direct labor time (efficiency) variance= $2,080 unfavorable

Explanation:

Giving the following information:

Standard= 3 hours of direct labor per unit

The standard labor cost is $13 per hour.

During August, Hassock produced 9,000 units and used 27,160 hours

<u>To calculate the direct labor efficiency variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (3*9,000 - 27,160)*13

Direct labor time (efficiency) variance= $2,080 unfavorable

5 0
2 years ago
The journal entry to record the purchase of materials on account in process cost accounting is a(n): Multiple choice question. i
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The journal entry to record the purchase of materials on account in process cost accounting is an Increase in assets and an increase in liabilities. Option A. This is further explained below.

<h3>What is a journal entry?</h3>

Generally, In process cost accounting, a rise in assets and an increase in liabilities are recorded in the journal entry for the purchase of materials on account.

In conclusion, A journal entry is a kind of entry that is used in the accounting records of a company to record a transaction that occurred inside the company.

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7 0
2 years ago
Tom is responsible for ordering hardware for a custom home his company is building. The contractor installing the hardware is sc
Vilka [71]

Answer:

A

Explanation:

Free slack can be described as the total amount of time a project can be delayed without affecting the project's completion time . Tom and the contractor share a slack time of 10 days

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4 0
3 years ago
Why are social security and medicare considered highly efficient programs? multiple choice they are administered at the local le
gregori [183]

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3 years ago
Assume that a company sells customized sweatshirts for $15 per unit. It pays a sales commission of $5 per unit sold. The company
Annette [7]

Answer:

The  The number of sweatshirts the company would need to sell to earn a target profit of $1,710 is closest to <u>570</u> sweatshirts.

Explanation:

This can be calculated as follows:

Selling price per unit = $15

Total cost price per unit = Average unit cost + Sales commission per unit = $7 + $5 = $12

Profit per unit = Selling price per unit - Total cost price per unit = $15 - $12 = $3

Target profit = $1,710

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