Learning curve, cumulative average-time learning model. Global Defense manufactures radar systems. It has just completed the manufacture
Question:
Learning curve, cumulative average-time learning model. Global Defense manufactures radar systems. It has just completed the manufacture of its first newly designed system, RS-32. Manufacturing data for the RS-32 follow:
Calculate the total variable costs of producing 2, 4, and 8units.
Transcribed Image Text:
Direct material cost Direct manufacturing labor time for first unit Learning curve for manufacturing labor time per radar system Direct manufacturing labor cost Variable manufacturing overhead cost 3,000 direct manufacturing labor-hours 90% cumulative average time" 25 per direct manufacturing labor-hour 15 per direct manufacturing labor-hour In 0.90 %3D In 2 Using the formula (p. 356), for a 90% leaming curve, b = -0.105361 0.693147 = -0.152004
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
Learning curve cumulative averagetime learning model The direct manufactu...View the full answer
Answered By
Shehar bano
I have collective experience of more than 7 years in education. my area of specialization includes economics, business, marketing and accounting. During my study period I remained engaged with a business school as a visiting faculty member and did a lot of business research. I am also tutoring and mentoring number of international students and professionals online for the last 7 years.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0136126638
13th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
Question Posted:
Students also viewed these Cost Accounting questions
-
Global Defence manufactures radar systems. It has just completed the manufacture of its first newly designed system, RS-32. Manufacturing data for the RS-32 follow: REQUIRED Calculate the total...
-
Northern Defense manufactures radar systems. It has just completed the manufacture of its first newly designed system, RS-32. Manufacturing data for the RS-32 follow: Calculate the total variable...
-
Genve Dfense Systmes manufactures radar systems. It has just completed the manufacture of its first newly designed system, RS-32. It took 3000 direct manufacturing labour-hours (DMLH) to produce this...
-
Prepare a forecast of after-tax cash flows for fiscal 2022, 2023, and 2024 for each of the two financing proposals, assuming the following: Revenue increases 5% annually. EBITDA margin is 15%. ...
-
Sam computed a 90% confidence interval for from a specific random sample of size n. He claims that at the 90% confidence level, his confidence interval contains m. Is his claim correct? Explain.
-
Caramel Corporation has 5,000 shares of stock outstanding. In a qualifying stock redemption, Caramel distributes $145,000 in exchange for 1,000 of its shares. At the time of the redemption, Caramel...
-
Using divisibility rules, determine if 45,730 is divisible by 5 .
-
Select the graph that matches the numbered manufacturing cost data. Indicate by letter which graph best fits the situation or item described. The vertical axes of the graphs represent total cost and...
-
This question has a part A and Part B . Images provided below. Dwight Donovan, the president of Solomon Enterprises, is considering two investment opportunities. Because of limited resources, he will...
-
create a general journal, general ledger, accounts recievable ledgar, accounts payable ledgar, inventory COGS calculations, trial balance at 12 31 2014, financial statements, post closing trial...
-
High-low, regression Pat Flip is the new manager of the materials storeroom for Serth manufacturing. Pat has been asked to estimate future monthly purchase costs for part #4599, used in two of Serths...
-
Learning curve, incremental unit-time learning model. Learning curve, incremental unit-time learning model, Assume the same information for Global Defense as in Exercise 10-29, except that Global...
-
In its first year of operation, Montreal Printing Shop estimated manufacturing overhead costs and activity in order to determine a predetermined overhead rate. At year end, overhead was over-applied...
-
Can you think of any reasons why directors of UK pics found that their contracts were no longer to be open-ended under the new regime of corporate governance?
-
Outline the basic reasons why there should be openness regarding directors benefits and perks.
-
(i) Outline how the business performance review process may be used to evaluate the position of a dot.com company like Amazon UK. (ii) What are the limitations to the approach that you have outlined?
-
(i) Who is likely to carry out a business performance review? (ii) Describe what may be required from such reviews giving some examples from different industries and differing perspectives.
-
Explain what is meant by insolvency and outline the responsibilities of receivers appointed to insolvent companies.
-
Using the MATLAB function ode23, find and plot the forced-vibration response of the system described in Problem 6.89. Data From Problem 6.89:- Determine the amplitudes of motion of the three masses...
-
Explain the buyers position in a typical negotiation for a business. Explain the sellers position. What tips would you offer a buyer about to begin negotiating the purchase of a business?
-
For the half-cell reaction ClO 4 - (aq) + 8 H + (aq) + 7 e - 1 / 2 Cl 2 (g) + 4 H 2 O(l), what are the standard-state conditions for the reactants and products?
-
Price, Inc., bottles and distributes mineral water from the companys natural springs in northern Oregon. Price markets two products: 12-ounce disposable plastic bottles and 1-gallon reusable plastic...
-
Xander Manufacturing Company manufactures blue rugs, using wool and dye as direct materials. One rug is budgeted to use 36 skeins of wool at a cost of $ 2 per skein and 0.8 gallons of dye at a cost...
-
Xander Manufacturing Company manufactures blue rugs, using wool and dye as direct materials. One rug is budgeted to use 36 skeins of wool at a cost of $ 2 per skein and 0.8 gallons of dye at a cost...
-
The prices by which the government buys food grain for the maintenance of the public distribution system and to build a buffer stock are known as , A . Minimum Support Price B . Procurement Price C ....
-
GlobalTech Enterprises uses a periodic inventory system. It entered into the following purchases and sales transactions for October. Date Activities Units Acquired at Cost Units Sold at Retail Oct. 1...
-
The investigation of materials price variance usually begins in the A) purchasing department. OB) first production department. C) controller's office. D) accounts payable department
Study smarter with the SolutionInn App