Total cost

variable cost is $1 per flange for materials, and $2 per flange ($20 per hour divided by 10 flanges per hour) for direct manufacturing labor. 2. The inventoriable (manufacturing) cost per unit for 5,000 flanges is $3 × 5,000 + $20,000 = $35,000. Average (unit) cost = $35,000 ÷ 5,000 units = $7 per unit. This is below Fred’s selling price of $8.25 per flange. However, in order to make a profit, Graham’s Glassworks also needs to cover the period (non-manufacturing) costs of…

Written Assignment Unit 3 Please note: Wikipedia, wiki’s, Answers.com, Ask.com, online dictionaries, or online encyclopedias may not be used as research sources for this project. As a senior level student you are responsible for independent research and for veracity of source. A search engine is not a source but a tool used to find the resource. For any internet article or information an APA reference must include the full and complete web address that will take the reader directly to…

unit and total costs for $32,000 units shows that the Midwest Division should purchase the parts from Marley Company for saving of $15,440. Because the costs of purchase is less than the costs of make. So, the Midwest Company should purchase the equipment. i. Cost per unit Make Purchase Difference Bid price from Marley $ 17.30 Direct material ($195,000/30,000)*1.08 $7.02 Direct labor ($120,000/30,000)*1.05 $4.20 Factory space rental ($84,000/32,000) $2.625 Equipment leasing costs…

of PalmPro units sold as well as a drop in the actual contribution margin per unit below budget, led to the total contribution margin being much lower than budgeted. Other factors could be discussed here––for example, it seems that the PalmKid did not achieve much success with a three digit price point––selling price was budgeted at $149 but dropped to $102. At the same time, variable costs increased. This could have been due to a marketing push that did not succeed. 14-33 (20 min.)…

density apple orchard is contained in Table 6. A cash flow analysis shows the cash costs required to establish the orchard (Mowen, Hansen & Heitger, 2014). Cash costs include labor, trees, the irrigation system, chemicals, bee hives, equipment repairs and property taxes. The cost of the land is not included, since the orchard is paid off from income from another established farm. The income, variable costs, and fixed costs are shown for each of the 10 establishment years. It is assumes…

impact the law of diminishing marginal returns has on both marginal cost and average total cost MARGINAL COST Marginal cost is a total cost to the company to produce one more product. This cost changes depending on how many products the company aims to produce. Changes in production may increase or decrease the marginal cost due to the marginal cost including all costs such as materials, labour, infrastructure. Marginal cost diagram has a U-shaped curve as a result of increasing and then…

• C- total cost of Milk Runs given per day • S1- the cost per small truck (407) per day • S2- the cost per large truck (909) per day • S3- the fixed administrative cost charged per day • X1- number of small trucks used every day • X2- number of large trucks used every day • Pj- trips of the small trucks • Qj- trips of the large trucks • jth- supplier for every day • Mj- the mass to be transported • Kj and Lj- the round-trip times to the jth supplier Let S1 be the cost per small truck (407)…

Materials, labor, and overhead were his responsibility. This was done to provide incentive to control all costs whether caused by use waste, damage, theft, or inefficiencies. The Apple iPhone 4 The iPhone 4 contained more than 100 components manufactured in plants located in Europe, Asia, and the United States. For examples, Samsung supplied flash memories and application processors, and Infineon (a German chip maker) supplied chips that send and receive phone calls and data. A gyroscope, new…

the production of adipic acid. They are the production from cyclohexane using catalyst, phenol and benzene via cyclohexene process. Even though these three routes have very different characteristics and cost distributions, ranging from the high raw material costs but comparatively low capital costs for the phenol-based route. Figure 2.1 represent all kind of processes involves in order to produce adipic acid. Three routes of processes are shown in that figure which are commercially…

hours than cafeteria even on weekend as other tacofino truck hours in Vancouver . Tacofino food truck will act as s refreshment for the students, which will make them, feel relax and concentrate on their studies. Staffing The business will hire total employees, from college and around area. Jobs will post in the Douglas College job section and on DSU activities boards too. Hired students can do on-campus work, which will help them to gain some experience and make some money to pay their…