A manufacturing company in Indonesia provides 2 kinds of products i.e. Product-1 and Product-2. The company...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A manufacturing company in Indonesia provides 2 kinds of products i.e. Product-1 and Product-2. The company also has 2 (three) market area i.e. Area-1 and Area-2. The company predicts it sales and related cost for next year as follow Sales Prediction Product Product-1 Product-2 Final Product Inventory Inventory Product-1 Product-2 Required Labor Hour Product Product-1 Product-2 Area-1 718 918 Overhead Beginning Inventory 18 42 Unit Labor Hour 7,00 4,00 Manhour Related Machine hour Related Sales Area-2 390 318 Ending Inventory 45 18 Rate/LH 5,00 7,00 Unit Price 124 125 Required Machine Hour 180 1800 Unit cost of Direct Material Unit Cost Material for Product-1 Product-2 Fixed Cost Product Product-1 Product-2 Unit Machine Hour 3,00 5,00 ($)/set 14 16 Variable Cost (USD/hour) 0,2 0,3 Calculate: a. Sales Budget b. Production plan and production budget. C. Gross profit for Product-1 and gross profit for Product-2. Assume no beginning and ending material inventory A manufacturing company in Indonesia provides 2 kinds of products i.e. Product-1 and Product-2. The company also has 2 (three) market area i.e. Area-1 and Area-2. The company predicts it sales and related cost for next year as follow Sales Prediction Product Product-1 Product-2 Final Product Inventory Inventory Product-1 Product-2 Required Labor Hour Product Product-1 Product-2 Area-1 718 918 Overhead Beginning Inventory 18 42 Unit Labor Hour 7,00 4,00 Manhour Related Machine hour Related Sales Area-2 390 318 Ending Inventory 45 18 Rate/LH 5,00 7,00 Unit Price 124 125 Required Machine Hour 180 1800 Unit cost of Direct Material Unit Cost Material for Product-1 Product-2 Fixed Cost Product Product-1 Product-2 Unit Machine Hour 3,00 5,00 ($)/set 14 16 Variable Cost (USD/hour) 0,2 0,3 Calculate: a. Sales Budget b. Production plan and production budget. C. Gross profit for Product-1 and gross profit for Product-2. Assume no beginning and ending material inventory
Expert Answer:
Answer rating: 100% (QA)
Step 11 PREPARATION OF SALES BUDGET PRODUCT 1 PRODUCT 2 SALES CLOSING STOC... View the full answer
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
Posted Date:
Students also viewed these accounting questions
-
A manufacturing company in city A wishes to truck its product to 4 different cities: P, C, D, and E. If roads interconnect all 4 cities, how many different route plans can be constructed so that a...
-
Fred has been hired by a manufacturing company in Seattle, to make metal parts for a new product. He has to use a "metal-stamping" machine that applies pressure of 2,000 pounds per square inch (psi)...
-
Sekwanele Ltd is a manufacturing company in Windhoek, Namibia, producing and selling steel beams. On 1 January 2019 the company acquired a property with the following details:...
-
Describe how price variances create incentives to build inventories.
-
Cristinas Crafts has two operating divisions: one in the U.S. and one in Mexico. The Mexican Division produces product X, which is a component used in the production process of the U.S. Division. If...
-
Compute the Cost of Goods Manufactured and Cost of Goods Sold for Golden Bay Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only...
-
What prevents food from going into the trachea after it is swallowed?
-
The activities summarized in the following table must be performed by the promoter of a country music concert in Dallas. a. Draw the activity network for this problem. b. According to PERT, what is...
-
Continuing with the Tesla theme, suppose Tesla announces a special dividend to be paid 3 months from now of $20 per share (they won't but let's pretend for the sake of the question). Assuming the...
-
Using the SAS data set vitals, create two temporary SAS data sets called Subset_A and Subset_B. Include in both of these data sets a variable called Combined equal to .001 times WBC plus RBC....
-
Long Company expects cash sales for July of $13,000, and a 17% monthly increase during August and September. Credit sales of $12.000 in July should be folowed by 30% inoreases during August and...
-
A company has fixed expenses of $ 4 2 , 0 0 0 and variable expenses of $ 2 4 , 0 0 0 with sales of $ 8 0 , 0 0 0 for the 8 , 0 0 0 units sold during the period. What is the company's break - even...
-
Derive an Equation for Magnetic Force F12 The magnetic force F12 cannot be determined from Coulomb's law because the pole strengths q* and q2* are not known. In the space below, derive an algebraic...
-
A chemicals company produces two main products, C and B. The market price of C is 205 and that of B is 155 per 100 kg. The resource requirements for producing 100 kg of each of the two products are: ...
-
A company manufactures computer monitors. Among the various models, 5 models are top products which bring high revenue. Assuming the manufacturing lines are running for 9 hours a day for 7 days a...
-
Q1. A stock that is priced at $3,810 today has an implied volatility of 18.3%. The continuously compounded risk- free interest rate is 6.5% per annum. (a) (i) Determine the theoretical price of a...
-
Company X is a manufacturer of premium athletic shoes. They have been in the market for over a decade and have gained a loyal following of customers. However, in recent years, the competition has...
-
Use the method of Example 4.29 to compute the indicated power of the matrix. 1 0 1
-
The publisher in Problem 60 finds that rising prices for paper increase the variable costs to $2.70 per book. (A) Discuss possible strategies the company might use to deal with this increase in...
-
In Problem, sketch a possible graph of a function that satisfies the given conditions. f(0) =-1; lim f(x) = 2; linn,f(x) = 2
-
Find the interest earned at 3.7%, compounded continuously, for 5 years for the continuous income stream with rate of flow f(t)=200t.
-
Consider a particle in a Newtonian potential \(V(r)=-k / r+\epsilon / r^{n}\) for some integer \(n\). Using the alternate variable \(u=1 / r\), (a) show that the radial equation of motion can be put...
-
Using numerical methods, solve the differential equation \[\frac{d q}{d t}=-\alpha q+\beta\] Compare your results with the exact solution as a function of the discrete time-step you use, and the...
-
Consider the logistic map discussed in the text. To gauge the density of bifurcations, one uses a measure of distance between fixed points as follows. Define \(d=x^{*}-(1 / 2)\) as the distance...
Study smarter with the SolutionInn App