Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are processed independently, a few are related. Grit 337, a coarse cleaning powder with many industrial uses, costs $260 a pound to make and sells for $3.80 a pound. A small portion of the annual production of this product is retained for further processing in the Mixing Department, where it is combined with several other ingredients to form a paste, which is marketed as a silver polish selling for $4.70 per jar. This further processing requires 1/4 pound of Grit 337 per jar Costs of other ingredients, labor, and variable overhead associated with this further processing amount to $2.50 per jar. Variable selling costs are $0.30 per jar. If the decision were made to cease production of the silver polish, $9,000 of Mixing Department fixed costs could be avoided Zytel has limited production capacity for Grit 337, but unlimited demand for the cleaning powder. Required: Calculate the minimum number of jars of silver polish that would have to be sold to justify further processing of Grit 337, (Round your Intermediate calculations to 2 decimal places and final answer to the nearest whole number.) Minimum number of jars Zytel Corporation produces cleaning compounds and solutions for industrial and household use. While most of its products are processed independently, a few are related. Grit 337, a coarse cleaning powder with many industrial uses, costs $260 a pound to make and sells for $3.80 a pound. A small portion of the annual production of this product is retained for further processing in the Mixing Department, where it is combined with several other ingredients to form a paste, which is marketed as a silver polish selling for $4.70 per jar. This further processing requires 1/4 pound of Grit 337 per jar Costs of other ingredients, labor, and variable overhead associated with this further processing amount to $2.50 per jar. Variable selling costs are $0.30 per jar. If the decision were made to cease production of the silver polish, $9,000 of Mixing Department fixed costs could be avoided Zytel has limited production capacity for Grit 337, but unlimited demand for the cleaning powder. Required: Calculate the minimum number of jars of silver polish that would have to be sold to justify further processing of Grit 337, (Round your Intermediate calculations to 2 decimal places and final answer to the nearest whole number.) Minimum number of jars
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Comparative income statements are available for Johanna's Fine Furs: Required Perform horizontal and vertical analyses on each of the items in the above comparative income statements. Round...
-
Using either Skechers USA, Inc. most current Form 10-K or the companys annual report, answer the questions below. To obtain the Form 10-K use either the EDGAR system following the instructions in...
-
Suppose that the supply schedule of Brazilian Coffee beans is as follows: Price of Brazilian Coffee beans (per pound) Quantity of Brazilian Coffee beans supplied (pounds) $4.00 6,000 $3.50 5,000...
-
Most companies include information about inventory in the first note to the financial statement, "Summary of Significant Accounting Policies." This note usually tells the reader which method the...
-
Garcia and Buffet, a local CPA firm, has budgeted $100,000 in fixed expenses per month for the tax department. It has also budgeted variable costs of $5 per tax return prepared for supplies, $35 per...
-
Solve For Ixo And Iyo, Don't Copy Others Answer. Please Show Step By Step Solution Of Every Item/Part. And Show Clear Diagram. Will Upvote If Correctly Answered. y 30mm. 25mm 60mm 25mm 60mm 25mm 60mm...
-
Roger is hired by an international HR consulting firm as its Outplacement Counselor. Prior to receiving extensive training on the company's copyrighted techniques and programs, Roger is asked to...
-
Miyagi Data, Inc., sells earnings forecasts for Japanese securities. Its credit terms are 1/30, net 50. Based on experience, 75 percent of all customers will take the discount. a.What is the average...
-
Imagine that after the conclusion of the Mary Barnett trial, the public is in an uproar: a large majority of the population disagrees with the verdict you arrived at. Consequently, you are approached...
-
Why have companies like Weight Watchers and Kraft General Foods recently increased the money they spend on transit advertising? Explain Briefly?
-
Using the derivative of f(x) given below, determine the critical points of f(x). f'(x) = (x+7)(x+9) O 7, 9 0, -9, -7 O-16 -9, -7
-
If all Type II diabetics were to properly test their blood glucose at least twice daily how many tests would occur annually: a) 2 million b) 6.5 million c) 1 billion d) 22 billion
-
Read AU_C 210 and discuss the following. What is the authoritative guidance in the AU-C 210? What are the specific auditing issues or concepts being communicated? What are the relevance of these...
-
Briefly discuss the implications of the financial statement presentation project for the reporting of stockholders equity.
Study smarter with the SolutionInn App