XY Company manufactures and sells LCD monitor at P5000 each. The production officer reported the following: Sale price: P5000 per monitor direct materials cost: P1000 per unit direct labor cost: P550 per unit other overhead cost P950 per unit Fixed costs related to the production are also reported: salary of management: P200,000 rent for the factory: P150,000, other salaries: P140,000
Q: Identify some of the important short term and long term considerations in forecasting capacity…
A: As a matter of fact, we can say that where capacity refers to a system’s potential for producing…
Q: Laura is the associate director of a nonprofit agency that aids children and families. She is the…
A: For an organizational context, leadership refers to a scenario whereby the employees of the…
Q: The career counselor at Mountain Peak College has a tough job. She is expected to provide…
A: 1) To find payoff table showing the 3-year gross salaries of the different careers. Payoff table…
Q: Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service…
A: Direct method:
Q: Adobe Consulting Services (ACS), a provider of human resources software application systems, prides…
A: The answer to all the parts of question one is given below.
Q: Is the cost volume profit analysis can be applied in service operator companies in making their…
A: Meaning of Cost-Volume-Profit Analysis:- Cost-Volume-Profit Analysis (CVP examination), additionally…
Q: Scranton Shipyards has $20 million in total investor-supplied operating capital. The company’s WACC…
A: Given, Operating capital = $20,000,000 Weighted average cost of Capital (WACC) = 10% = 0.1 Operating…
Q: Why is it important that a thorough analysis of training needs be conducted prior to holding a…
A: The motivation behind taking such training is to get the employees working in the most proficient…
Q: Mr. Mohammed is the owner and the Manager of Big Fried Chicken LLC in Muscat; his company made a…
A: Total revenue in 2020= 300,000 OMR The total expenses in 2020=320,000OMR
Q: Company XYZ produces and sells scientific calculators. The company is currently producing and…
A: Given that: Units Selling = 10000 Fixed Expenses = 10500
Q: Adobe Consulting Services (ACS), a provider of human resources software application systems, prides…
A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…
Q: Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and…
A: To calculate the incremental manufacturing cost Martinez will incur, If it increases from 10000 to…
Q: Acme Corp has fixed has fixed overhead of $250,000 for its plant and salaries of $350,000. It sells…
A: Acme Corp has following cost structure Number of product sold = 40,000 units COST A fixed Overhead…
Q: Your hospital has built a new freestanding facility that includes a 36-bed medical telemetry care…
A: A Small Introduction about Productivity Productivity is the proportion between the result of…
Q: Harness International, a global wiring harness company, allows each customer to access its…
A: The engineering design process are usual series of steps that engineers use in developing functional…
Q: Management information system for ig electronics its my fyp detail.its about home appliances.…
A: In a business organization, a businessman has to develop goals and objectives that have to be…
Q: Adobe Consulting Services (ACS), a provider of human resources software application systems, prides…
A: The Employee benefits are recognized as perks and fringe interests, are given to workers over &…
Q: 4. In January 2014, Buckeye Engineering had grown to a company with $25-million in sales. The…
A: a. The reason behind the loss of contract is the lack of project management expertise in the Buckeye…
Q: The Unemployment Program of the Government of Guava Land has several offices throughout the country,…
A: To begin with, the term of contract which reads as no Big Trouble Security will be held liable for…
Q: F Precision Building Cost Forecast by City S70,000 S60,000 Cost Forecasts by City - Kitchens 2…
A: Given data is
Q: Palisades Eco-Park is a small ecological reserve that admits a relatively small number of visitors…
A: Need for estimating costs Cost estimation is recognizable proof of fixed costs and…
Q: Is Ashby Associates’ strategy for 2019 one of product differentiation or cost leadership? Explain…
A: In the given scenario, We are given the business operations, compensation strategy and pricing…
Q: Adobe Consulting Services (ACS), a provider of human resources software application systems, prides…
A: Blancero faces a lot of difficult calls once she is evaluating the personal requests of workers than…
Q: During a month, a machine runs for 600 hours. The machine was under breakdown for 60 hours. There…
A: Total Available working hours = 30*24 = 720 hours a month Break Down hours = 60 hours Breakdown…
Q: Collins Title Insurance Ltd. wants to evaluate its labor and multifactor productivity…
A: Here, we could see that both the labour productivity and multifactor productivity data are needed to…
Q: In their efforts to plan for production, the Operations Planning Group at the Akon Manufacturing…
A: Given that: Quarter Forecast 1 12800 2 12500 3 13100 4 12100
Q: Brief Exercises 7-11 through 7-14 involve departmental cost allocation with two service…
A: 7-12. P1 P2 Total cost after allocation $ 120000 180000
Q: Raw material - Rs.34000 capita linput - Rs. 50,000 Energy input - 20% of output output -…
A: Raw material - Rs.34000 capital input - Rs. 50,000 Energy input - 20% of output i.e. Rs. 64,000…
Q: Read the scenarios below and discuss what possible solutions would be best lor зach. 1. What if you…
A: A number of relevant skills are required to be considered as a great candidate for an open position…
Q: SCENARIO 3 Fadli are the operation manager for a software company since July 2019 and was asked by…
A: The above case study is about the change organizational change that includes the change in…
Q: A recently hired chief executive officer wants to reduce future production costs to improve the…
A: THE ANSWER IS AS BELOW:
Q: How many are required materials need for produces the product in NIKE Company? 2- there are any…
A: Nike utilizes many materials to make every one of their items yet there are just six main materials…
Q: Performance metrics Buffalo BBQ Restaurant is trying to become more efficient in training its…
A: Given that - No. of Chefs in Program A = 5 No. of Chefs in Program B = 5 Hence, we begin with the…
Q: 1. What would be the objections for each party involved in the scenarios? (Explain minimum five…
A: 1. Objections He can took feedback from 4 to 5 people group discuss benefits of software so…
Q: Suppose SureStep could begin a machinery upgrade and training program to increase its worker…
A: In this table, we are also given and use the following cell formulas: we enter the formula =B5 into…
Q: Dr. David Paul is a medical doctor at a small private hospital in XYZ city. He sits on the Board of…
A: Conflict of Interest is a situation where an individual or an entity have different concerns or aims…
Q: How management techniques differ to each other? What are the benefits of just in time? What is…
A: Quality refers to the degree of excellence of something. Quality has some standard on the basis of…
Q: 3 Problems seen in the situation: 1. It does not earn too much but it makes sales enough for…
A: From the case details, the following information can be extracted. 1. The company is not earning…
Q: 8. Emily needs to estimate the annual labor and material cost for a new facility. The data obtained…
A: This question is related to the topic-project management and this topic falls under the operations…
Q: ABC Sdn. Bhd. has been awarded a construction project of a 50-story condominium with the contract…
A: The management will take care of the day to day activities of the organization. The top management…
Q: Earnings at End of Federal Hours Previous Total Income Name Worked Week Earnings Class. Other…
A: Payroll refers to the total amount that is required to be paid by the company to its employees…
Q: Explain what is a balanced scorecard and what is its primary objective?
A: A balanced scorecard management tool that is used to determine the efficiency of employees. Managers…
Q: How you would develop a compensation plan for a position within an organization?
A: Compensation and rewards are paid to employees in exchange for the services delivered for the…
Q: Elen Bright pondered how she could determine which decision had better performance. The luxury…
A: Facts of the case In the given case, the B and her official group chosen to fundamentally change the…
Q: . At the conclusion of her first month of operating Val’s Donut Shop, Val computed the following…
A:
Management Science:
- XY Company manufactures and sells LCD monitor at P5000 each. The production officer reported the following:
- Sale price: P5000 per monitor
- direct materials cost: P1000 per unit
- direct labor cost: P550 per unit
- other overhead cost P950 per unit
- Fixed costs related to the production are also reported:
- salary of management: P200,000
- rent for the factory: P150,000,
- other salaries: P140,000
depreciation of equipment: P12,000
Compute total cost (TC) function
Step by step
Solved in 2 steps
- Management Science: XY Company manufactures and sells LCD monitor at P5000 each. The production officer reported the following: Sale price: P5000 per monitor direct materials cost: P1000 per unit direct labor cost: P550 per unit other overhead cost P950 per unit Fixed costs related to the production are also reported: salary of management: P200,000 rent for the factory: P150,000, other salaries: P140,000 depreciation of equipment: P12,000Compute the total variable costAshby Associates is an architectural firm located in Barbados that has been in practice only a few years. The market for architectural services is very competitive. To compete successfully, Ashby must deliver quality services at a low cost. Ashby presents the following data for 2018 and 2019.2018 20191. Number of jobs billed 40 502. Selling price per job $32,000 $30,0003. Architect labour hours 24,000 27,0004. Cost per architect labour hour $35 $365. Architect/software support capacity (number of jobs the firm can do) 60 606. Total cost of software-implementation support $168,000 $180,0007. Software-implementation support-capacity cost per job (row 6/row5) $2,800 $3,000Architect labor-hour costs are variable costs. Architect (software) support costs for each year depend on the Architect support capacity that Ashby chooses to maintain each year (that is, the number of jobs it can do each year). Architect support costs do not vary with the actual number of jobs done that year. i. Is…Company ZYX is a small consulting organization with 40 employees. The manager who is responsible for employee performance appraisal has a particular way of conducting it. He has a firm belief that formal performance evaluations (with developed criteria, ratings, formal discussions etc.) are an absolute waste of time and should never be done. Instead, he thinks that he is well familiar with each employeeâs work and achievements, and he can easily tell âwhat they are worthâ by interacting with them and observing their performance on a daily basis. As a result, the manager periodically stops at employeesâ desks, talks to them, asks about their progress on projects and discusses other work-related issues. Employees have a lot of daily feedback and seem to like it. However, no written performance appraisal forms are ever filled in. When it comes to pay raises and promotion, the manager makes his decisions and announces them…
- Rubatex Corporation manufactures rubber and foam for a variety of products, including artificial turf housing and insulation, hockey helmet liners, scuba diving suits, sports sandals and mouse pads. The company was purchased by an investment firm called American industrial partners (AIP) that has so far earned only a 1 percent return on its investment. Obviously the company is having problems. Its sales are up but earnings are down. In the first three months after acquisition, the company lost $2 million on $68 million in sales. Understandably, AIP wants to know why and is demanding aggressive action. Employees at the Bedford, Virginia, plant say they know something’s wrong. The plant is hot and dirty and crumbling, and they are working harder to produce items of poorer quality. Fewer than 7 of 10 orders are shipped on time, and 2% of sales are returned as defective. Built in 1924, the plant sprawls over 14 buildings, with only the offices and lunchroom air-conditioned. Equipment is…Candidate A’s scores for the non-monetary attributes are given below. COMMITMENT100 MANAGEMENT EXP 10 IDEAS 65 CHARITY EXP 0 EDUCATION 10 Q: Using the weights given in part (b), show how the personnel manager obtained a score of 50 (subject to rounding) for this candidate?What is the definition of 'Balanced scorecard?'
- Problem Answer ALL questions from this section. Write your answers on the supplied answer sheet. Show sufficient work. If necessary, round intermediate calculations and final answers to three decimal places. J 1. The manager of a crew that installs carpeting has tracked the crew's output over the past several we eks, obtaining these figures: Week 10 20 30 43 50 6 Crew Size تمه 30 45 Yards Installed 96- 72- 92- 50, 699 52- 20 39 2₂ Compute the labor productivity for each of the weeks. On the basis of your calculations, what can you conclude about crew size and productivity?58) When the American Airlines CEO developed yield management, what type of information was crucial to its success? A. Employee wages B. Fuel prices C. Forecasting D. Destination timesThe CEO of J&B, Ld., would like to propose in the next Council meeting a rise of capital as one of thepossible ways to increase the forecast of the working capital for the next financial year and reached6,000,000 €. This number will allow the company to have a degree of robustness comparable toother competitive companies in the industry. Daily Amount Average Deferments (days)Raw Materials 60.000 10Salaries 150.000 7Overheads 90.000 ? If the operating cycle is 30 days, what should the manager answer if a director asks him about theaverage deferment of the overheads?( answer: Average deferment in Overhead is 15 days) HOW DO I DO THIS?????
- A car company modifies 375 cars per year. The manager is interested in obtaining a measure of overall performance. He has asked you to provide him with a multifactor measure of last year's performance as a benchmark for future comparison. You have assembled the following data. Resource inputs were labour, 10,000 hours; 500 kilowatt-hours of energy. Average labour cost last year was €20 per hour, kits cost €1,000 each and energy costs were €3 per kilowatt-hour. What do you tell the manager?The following are some check points: * Problem 6: Month 9 forecast: 26.333; Month 9 error: -3.333 * Problem 7: Month 7 forecast: 22.68; Month 7 error -0.68 * Problem 16A: ROLLED DOWN unit forecast for part C is 22, F is 2, I is 254, and L is 3.The purchase price of a machine is 10,000 TL and the expected scrap value is 2,000 TL. The economic life of the machine is 5 years. Calculate the depreciation amount in the 4th year according to the Sum of Year Figures method of this machine 010455871 B A 857,14 TL 1.11,11 TL 919010455 1.066,67 TL 9871 1.523,81 TL D E F 1.428,57 TL 4559 G 2.133.33 TL 919010455 H 1.142,86 TL