Boris Company introduced JIT manufacturing last year and has prepared the following data to assess the benefits
Question:
Boris Company introduced JIT manufacturing last year and has prepared the following data to assess the benefits from the change:
Inventory financing costs are 12% per year. Support costs are based on a time-driven activity-based costing analysis. Estimate the total financial benefits that resulted from the switch to JIT manufacturing operations.
Transcribed Image Text:
AFTER THE CHANCE 25 days BEFORE THE CHANGE CATECORY 50 days Production cycle time Inventories Total sales Costs as percent of sales: Direct materials Direct labor Support $220,000 $40,000 $1,000,000 $1,500,000 25% 20% 20% 15% 27% 17%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
As shown below benefits from the switch to JIT operations are esti...View the full answer
Answered By
Aysha Ali
my name is ayesha ali. i have done my matriculation in science topics with a+ . then i got admission in the field of computer science and technology in punjab college, lahore. i have passed my final examination of college with a+ also. after that, i got admission in the biggest university of pakistan which is university of the punjab. i am studying business and information technology in my university. i always stand first in my class. i am very brilliant client. my experts always appreciate my work. my projects are very popular in my university because i always complete my work with extreme devotion. i have a great knowledge about all major science topics. science topics always remain my favorite topics. i am also a home expert. i teach many clients at my home ranging from pre-school level to university level. my clients always show excellent result. i am expert in writing essays, reports, speeches, researches and all type of projects. i also have a vast knowledge about business, marketing, cost accounting and finance. i am also expert in making presentations on powerpoint and microsoft word. if you need any sort of help in any topic, please dont hesitate to consult with me. i will provide you the best work at a very reasonable price. i am quality oriented and i have 5 year experience in the following field.
matriculation in science topics; inter in computer science; bachelors in business and information technology
_embed src=http://www.clocklink.com/clocks/0018-orange.swf?timezone=usa_albany& width=200 height=200 wmode=transparent type=application/x-shockwave-flash_
4.40+
11+ Reviews
14+ Question Solved
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
Question Posted:
Students also viewed these Managerial Accounting questions
-
The budget director of Natalias Florist has prepared the following sales budget. The company had $100,000 in accounts receivable on July 1. Natalias Florist normally collects 100 percent of accounts...
-
The bookkeeper for Garfield Corp. has prepared the following statement of financial position as at July 31, 2014: The following additional information is provided: 1. Cash includes $1,200 in a petty...
-
The budget director of Heather's Florist has prepared the following sales budget. The company had $50,000 in accounts receivable on July 1. Heather's Florist normally collects 100 percent of accounts...
-
The following is an example of the reasoning of a rule utilitarian: "if the practice of lying is bad, then one ought not to lie now, even if in this case to lie would actually bring about better...
-
The following table reports the operating cycle, cash conversion cycle, and current ratio for three apparel retailers all having year-ends at January 31, 2015. Aeropostale, which was originally owned...
-
What does a call provision (call feature) allow (bond) issuers to do and under what circumstances would they do it?
-
Why are most engineers likely to have experience with deterministic risk and not probabilistic risk?
-
Use the dependency diagram shown in Figure 6.8 to work the following problems. a. Break up the dependency diagram in Figure 6.8 to create two new dependency diagrams, one in 3NF and one in 2NF. b....
-
Six-sevenths of Jesse Black's inventory was destroyed by fire. He sold the remaining part, which was slightly damaged, for nine-elevenths of its value and received $2400. (a) What was the value of...
-
Frank Petronick decided to start an accounting practice after graduation from university. The following is a list of events that occurred concerning Franks practice during June 2021, the first month...
-
Of the four quality costing categories, which quality cost is the most damaging to the organization? Explain
-
SMY Corporation produces 60,000 videophones per year. The company estimates its direct material costs for the videophone to be $300 per unit and its conversion (direct labor plus support) costs to...
-
How can 0.04 be interpreted? PG 4.5K@81.10 0.39 BAC 0.65M@12.70 0.54 DIS 2.55K @95.31 1.08 K 0.76K@73.45 0.04
-
Two small spheres, with charges 1 . 6 1 . 6 x 1 0 - 5 C and 6 . 4 6 . 4 x 1 0 1 0 - 5 C , , are 2 . 0 2 . 0 m apart. The charges have the same sign. Where, relative to these two spheres, should a...
-
If someone changes an incline on a ramp, does work by an object cause a kinetic energy chnge or a potential energy change? Explain your logic.
-
You are scheduled to receive the following annual cash flows: (1.e., you get $0 today, you get $200 one year from today, you get $300 two years from today, etc.) Year Cash flow 0 (today) $0 1 2 3 4...
-
What is the "lemons problem"? Explain how the "lemons problem" can explain the failure of financial markets. (10 points) This question is about regulations in banking industry: a) What is the...
-
Consider two investment options for your$ 6 , 0 0 0 :Investing in a business venture, expected to grow to$ 7 , 5 0 0 infour years.Placing the amount in a time deposit with a 5 % interest...
-
At zero units of output, total cost is equal to ______.
-
Explain the Hawthorne effect.
-
Fraudulent transfers can occur up to two years before the debtor files for bankruptcy. (True/False)
-
Draw the exit diagrams for Series B-F for Example 15.5.
-
True, False, or Uncertain: Other things equal, the value of a binary call option decreases as volatility increases.
-
Suppose EBV is considering a $5M Series A investment in Newco. EBV proposes to structure the investment as 5M shares of PCP with a threshold at $3 per share. The employees of Newco have claims on 15M...
-
Microblogging is found in Web 2.0. Explain clearly and in detail why microblogging could only exist in, and be a product of, Web 2.0, and not exist in or be a product of Web 1.0.
-
The brute force algorithm for string matching is given below: ALGORITHM Brute Force String Match(T[0..n-1], P[0..m-1]) //Implements brute-force string matching //Input: An array T[0..n-1] of n...
-
Below is a 2-3 tree, into which 4 elements were inserted so far. Please insert C,H,X,P and L in this tree in the given order. Show all intermediate steps with your drawings. E RS
Study smarter with the SolutionInn App