Aw sh~ here we go again.....

The demand rate for raw material A is normally distributed with an average of 300 pints per day. The standard deviation of daily

andrew11 [14]

Answer:

the standard deviation of demand during the 4-day lead time is 30

Explanation:

the computation of the standard deviation of demand during the 4-day lead time is given below;

= Sqrt(Lead time) × Std deviation daily demand

= Sqrt(4) × 15

=2 × 15

= 30

Hence, the standard deviation of demand during the 4-day lead time is 30

4 0

3 years ago

Perrette Motor Company rebuilds automobile engines that have been damaged or are in need of extensive repair. The rebuilt engine

kow [346]

Answer:

Perrette Motor Company

Computation of the cost per equivalent unit for materials and conversion for the month:

1. Material cost per equivalent unit: $1,100

2. Conversion cost per equivalent unit: $1,350

Explanation:

a) Data and Calculations:

Units % of completion Equivalent unit

Materials Conversion Materials Conversion

Beginning WIP 120 50% 50% 60 60

a) Started and

Completed 530 100% 100% 530 530

b) Ending WIP 220 50% 30% 110 66

Equivalent units 640 596

Cost of production:

Materials Conversion

Beginning WIP $68,000 $73,200

Started & completed 636,000 731,400

Total cost $704,000 $804,600

Equivalent units 640 596

Cost per equivalent unit $1,100 $1,350

b) When calculating the equivalent units under the weighted average process costing method, the units beginning work-in-process are not taken into consideration, but the costs are.

5 0

3 years ago

A natural monopoly, such as a local electricity provider, is the result of: i. a firm owning or controlling a key input used in

Leni [432]

A natural monopoly, such as a local electricity provider, is the result of long run average total costs declining continuously as output increases. The correct option among all the options that are given in the question is option "3". The initial cost of power generation and power distribution cost is high. Once the generation starts and the number of consumer increases, the average cost starts declining.

7 0

3 years ago

The amount of money deposited 25 years ago at 5% interest that would now provide a perpetual payment of $15,000 per year is clos

Mademuasel [1]

The amount of money needed now to begin the perpetual payments is
P = A/I =15,000÷0.05=300,000

The amount that would need to have been deposited 25 years ago is
P=A÷(1+r)^t
P=300,000÷(1+0.05)^(25)
P=88,590.83

6 0

4 years ago

The O'Neill Shoe Manufacturing Company will produce a special-style shoe if the order size is large enough to provide a reasonab

Dmitriy789 [7]

Answer:

TC = $1,700 + $20x

P = $20x - $1,700

x = 85

Explanation:

Develop a mathematical model for the total cost of producing x pairs of shoes.

The total cost of producing x pairs is given by the fixed cost of $1700 added to a variable cost of $20 per pair. For x pairs:

$TC =\$1,700 + \$20x$

Let P indicate the total profit. Develop a mathematical model for the total profit realized from an order for x pairs of shoes.

Total profit is given by Revenue from sales minus total costs (found on the previous item). Revenue is $40 per pair. The profit function is:

$P = \$40x-(\$1,700 + \$20x)\\P = \$20x-\$1,700$

How large must the shoe order be before O'Neill will break even?

The break-even point occurs when profit is zero:

$0 = \$20x-\$1,700\\x=85$

The shoe order must be at least 85 pairs.

6 0

4 years ago