4. A company manufactures 4 components (L,M,N and P) which are incorporated into different products. All...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
4. A company manufactures 4 components (L,M,N and P) which are incorporated into different products. All the components are manufactured using the same general purpose machinery. The following production cost and machine hour data are available, together with the purchase prices from an outside supplier. L M N Production Cost: $ Direct material 12 18 15 Direct labour 25 15 10 8 Variable overhead 8 7 5 4 Fixed overhead 10 4 3. Total 55 46 34 23 Purchase price from outside supplier $50 $54 $57 $55 Machine hours per unit 3hrs Shrs 4hrs 6hrs Manufacturing requirements show a need for 1,500 units of each component per week. The maximum number of general purpose machinery hours available per week is 24,000. What number of units should be purchased from the outside supplier? %24 4. A company manufactures 4 components (L,M,N and P) which are incorporated into different products. All the components are manufactured using the same general purpose machinery. The following production cost and machine hour data are available, together with the purchase prices from an outside supplier. L M N Production Cost: $ Direct material 12 18 15 Direct labour 25 15 10 8 Variable overhead 8 7 5 4 Fixed overhead 10 4 3. Total 55 46 34 23 Purchase price from outside supplier $50 $54 $57 $55 Machine hours per unit 3hrs Shrs 4hrs 6hrs Manufacturing requirements show a need for 1,500 units of each component per week. The maximum number of general purpose machinery hours available per week is 24,000. What number of units should be purchased from the outside supplier? %24
Expert Answer:
Answer rating: 100% (QA)
Solution Ansd Totne Numldi c6 hywas ewired to Manuaacture bar otbrnents LMNZP is 1500 units Per omtm... View the full answer
Related Book For
Business Statistics a decision making approach
ISBN: 978-0133021844
9th edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
Posted Date:
Students also viewed these accounting questions
-
A bicycle manufacturer purchases bicycle seats from an outside supplier for $22 each. The manufacturers inventory of seats turns over 1.2 times per month, and the manufacturer has an annual inventory...
-
Ridewell Cycles Ltd. purchases 20,000 bells from an outside supplier at 5.00 each. The management feels that these be manufactured and not purchased. A machine costing 50,000 will be required to...
-
145. Allzine Ltd currently buys 19 000 subcomponents from an outside supplier at $15 each. The company has excess capacity, which it sublets to another company for $50 000 per year. If the company...
-
A trader has a soft limit of $8MM USD and a hard limit of $10MM USD. Their current NOP is $3MM USD. They purchase $6MM USD, sell $1MM USD, and then purchase another $5MM USD. Which of the following...
-
How are the components determined?
-
Two different logic circuits have the characteristics shown in Table 8-14. (a) Which circuit has the best LOW-state DC noise immunity? The best HIGH-state DC noise immunity? (b) Which circuit can...
-
Data, collected over seven years, reveals a positive correlation between the annual starting salary of engineers and the annual sales of diet soft drinks. Will buying more diet drinks increase...
-
Suppose that the tax rate on personal income, tp, is equal to 40%; the corporate tax rate, tc, is equal to 35%; and the capital gains tax rate, tcg, is 20%. Also assume that the before tax rate of...
-
Some commonly occurring quantities. All of the quantities that follow will occur frequently in your study of physics. (a) Expressthe speed of light (3.00 108 m/s) in mi/s and mi/h. (b) Find the speed...
-
(a) For the cascade shown in Figure a, calculate the compositions of streams V4 and L1. Assume atmospheric pressure, saturated liquid and vapor feeds, and the vapor-liquid equilibrium data given...
-
Although "dog.jpg" and "dog.JPG" and "Dog.jpg" and "DOG.JPG" all appear to be the same file, they are not considered the same when programming web pages on the Internet. Why is that? Consider the...
-
Provide six techniques (with examples) of sharing project knowledge (and information).
-
Tennis magazine would like to recruit participants for online focus groups. How would you use a newsgroup like https://groups.google.com/forum/?fromgroups\#!forum/rec.sport .tennis to recruit...
-
Why is integrated change control essential in the management of change requests?
-
What is the importance of having a project charter?
-
What are the stages in the requirements management process?
-
3.Select all of the following brands: O Corn Flakes O Nintendo O KFC How would you profile consumers' brand knowledge structures for each brand?(15marks)How would you use quantitative research...
-
Should we separate the debt and equity features of convertible debt? Team 1: Pro separation: Present arguments in favor of separating the debt and equity features of convertible debt. Team 2: Against...
-
An article in The American Statistician (M. L. R. Ernst, et al., Scatterplots for Unordered Pairs, 50 (1996), pp. 260265) reports on the difference in the measurements by two evaluators of the...
-
A random sample of the miles driven by 20 rental car customers is shown as follows: Develop a box and whisker plot for the sample data. 100 50 50 100 90 85 80 90 125 35 100 50 125 100 50
-
The exponential distribution has a characteristic that is called the memory less property. This means P (X > x) = P (X > x + x0 | X > x0). To illustrate this, consider the calls coming into 911....
-
What are a manager's resources?
-
What are the three levels of management?
-
Joe Maddon has been the manager of the Chicago Cubs since 2015. In his first year, he exceeded the expectations of most analysts and fans by leading the team to an appearance in the National League...
Study smarter with the SolutionInn App