Questions about PP01 (Worth Six Points in Total):
1) (1 point) In this exercise, you create MRP views for your raw material, Wood Kit. The following screen shows the result after performing the first five steps of this exercise. Note that the following fields are already populated: Material Description; Plant; Base Unit of Measure; and Purchasing Group. Also note the message at the bottom of the screen.
The message at the bottom of the screen means that a master record for Wood Kit already exists and will now be extended (i.e., expanded) to include further data regarding MRP.
In which previous exercise did you create your Wood Kit, and what views were created in that exercise?
2) (2 point) Note on the screenshot on the previous
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Step #5 requires you to enter your order number from PP09. See the screenshot below. The order number that should have been entered is 1000000. Note the error message that results from leaving off a zero.
Based on the error message shown, what kind of application control is present on the “Order” field? Explain.
2) (1 point) What kind of control is this control procedure – a preventive or detective control? Explain.
3) (1 point) Step #7 of the exercise requires you to enter the storage location for each material used to produce Rocker.
From which MM exercise did you initially assign Cushion and Wood Kit to their respective storage locations referred to in this exercise?
Question about PP14 (Worth 3 Point):
1) In this exercise, you viewed the settlement of costs to finished goods and manufactured output settlement. As noted in the exercise, each should be for $42,000.
Identify the respective MM and PP exercises and associated step numbers that prove $42,000 is the correct amount that should have been recorded to both finished goods and manufactured output settlement. A proper explanation to this question is evidence of understanding the integration of modules, such as MM with PP, as well as activities within a module such as PP, which improves the efficiency and effectiveness of an organization’s value chain.
Question about PP Exercises (Worth 4 Points):
Chapter 1 for this tutorial discusses
This report will provide insight on what your management team should do concerning production costs. We will examine 2 different scenarios and provide our decision as to which makes most sense. In the first scenario, the total fixed cost of the production is 1,000,000. In the second
Develop and diagram an activity based cost model using the information in the case. Provide your best estimates about the cost and profitability of Wilkerson’s three product lines. What difference does your cost assignment have on reported product costs and profitability? What causes any shifts in cost and profitability?
| Interpret the given information relating to moving, handling and/or storing resources, relevant to the given occupation.
Read the “Space Age Furniture Company” case study in Chapter 9 of your text. Answer the following questions: and include any MRP calculations.
This spreadsheet allows you to ensure that you are able to meet MetalWorks short term needs (2010) as well as that in 2011 and
The data for Exercises 6 and 7 are in the data file named Lesson 20 Exercise File 1. Answer Exercises 6 and 7 based on the following
Id 56, Define process to follow up with customer when installation does not meet BPUB service standards.
3. Briefly describe how the current production cost assignment system works. What are the consumption ratios (activity percentages) for assigning manufacturing overhead to each product at present?
The second error I noticed is that I failed to fill out action summary section that would have helped me determine how many action or steps that could be eliminated during the process.
Going into 2004, Bob Moyer planned to produce 10,000 bicycles at Mile High Cycles. Construction of his bicycles includes the utilization of three departments, frames, wheel assembly, and final assembly. During this year, Mile High Cycles ended up actually producing 10,800 bicycles to meet higher than expected demand. Bob is curious as to whether or not he was successful in maintaining costs to meet these higher levels of demand.
Installations –VB35, Vanessa Beecroft, 1998 (page 563) – An artwork created by the assembling and arrangement of objects within a specific location.
1. Use the Overhead Cost Activity Analysis in Exhibit 5 and other data on manufacturing
7. Though numbers given in the cost data can not be contested, I would definitely contest the way total cost has been computed. The item 345 department operates within a large manufacturing facility that churns out number of other products too. Hence judging the profitability of item 345 on the basis of total cost is not practical.
First, we have identified if there is really an insufficiency in the amount of selling prices set by the Sales Department, in reference to Exhibit 1 of the case. We did this through identifying the maximum amount of overhead costs that the company can incur for the three products and comparing it with the total overhead costs. See Table 1 for details.
1. Correct the EOQ and ROP quantities for each of the five items mentioned in the case.