You have the following information as in the picture below. You have been asked to do...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
You have the following information as in the picture below. You have been asked to do a 3-4-page report, perhaps more, and your report should include the following things: • an introduction. • Conclusion. Data analysis Tables showing all the accounts in the table, and they are for each month and every year. • -You must calculate all fixed costs per day, month and year. You must calculate all variable costs per day, month, and year.- You must calculate the cost of making one bag.- You should suggest an appropriate price for your product and why this is proven by calculations and schedules. After choosing the right price, you must calculate how many bags must be sold per month to cover all fixed and variable costs per month. You should count the number of bags produced in the day, month and year. What is the total cost of the machine per month and per year? You should make a simple summary of all of this (Quick Overview) Note: Your report should be perfect, review all these tasks required of you with professionalism, and the report should be creative in a wonderful way. Company HTU Fashion manufactures back bags and sells online. Item 2$ Description Cost of Materials Cost of accessories Factory Labor Factory Manager Electricity Shipping of materials Manager Salary Online support staff Advertising Machine for production factory rent Office rent Webiste hosting fees Customs on raw materials 10% of value 1,000 per 1000 bags 1,500 per 500 bags 250 per month (produces 2500 bags per month) 700 per month 500 per month (75% is factory consumption) 2,000 per container (10000 Bag) 1,500 per month 900 per month 24,000 per year 25,000 life expectancy 5 years 12,000 per year 400 per month 250 per month You have the following information as in the picture below. You have been asked to do a 3-4-page report, perhaps more, and your report should include the following things: • an introduction. • Conclusion. Data analysis Tables showing all the accounts in the table, and they are for each month and every year. • -You must calculate all fixed costs per day, month and year. You must calculate all variable costs per day, month, and year.- You must calculate the cost of making one bag.- You should suggest an appropriate price for your product and why this is proven by calculations and schedules. After choosing the right price, you must calculate how many bags must be sold per month to cover all fixed and variable costs per month. You should count the number of bags produced in the day, month and year. What is the total cost of the machine per month and per year? You should make a simple summary of all of this (Quick Overview) Note: Your report should be perfect, review all these tasks required of you with professionalism, and the report should be creative in a wonderful way. Company HTU Fashion manufactures back bags and sells online. Item 2$ Description Cost of Materials Cost of accessories Factory Labor Factory Manager Electricity Shipping of materials Manager Salary Online support staff Advertising Machine for production factory rent Office rent Webiste hosting fees Customs on raw materials 10% of value 1,000 per 1000 bags 1,500 per 500 bags 250 per month (produces 2500 bags per month) 700 per month 500 per month (75% is factory consumption) 2,000 per container (10000 Bag) 1,500 per month 900 per month 24,000 per year 25,000 life expectancy 5 years 12,000 per year 400 per month 250 per month
Expert Answer:
Answer rating: 100% (QA)
REPORT OF BAGS PRODUCTION INTRODUCTION This report is going to analyze production of bags summary of total cost of production variable cost of production fixed cost of production choosing the best pri... View the full answer
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date:
Students also viewed these accounting questions
-
d) For die casting processes: 1. What are the most common metals processed using die casting and discuss why other metals are not commonly die casted? 2. Which die casting machines usually have a...
-
The Following are the tasks you are given in the casting department: a) In a tensile test on a metal specimen, true strain = 0.08 at a stress = 265 MPa. When the flow stress = 325 MPa, the true...
-
c) A riser in the shape of a sphere is to be designed for a sand casting mold. The casting is a rectangular plate, with length = 300 mm, width 150 mm, and thickness = 20 mm. If the total...
-
Construct the general solution of x ' = Ax involving complex eigenfunctions and then obtain the general real solution. Describe the shapes of typical trajectories. =[ A = 3. -2 1]
-
Let p(x), q(x) be defined as in Exercise 1. Let r(x) be the open statement "x > 0." Once again the universe comprises all integers. (a) Determine the truth values of the following statements. (i)...
-
A mule is attempting to move a cart loaded with rock. Since the cart pulls back on the mule with a force equal in size to the force that the mule exerts on the cart (according to Newtons third law),...
-
Given the background reading, list three verbal deception and three non-verbal deception cues that you believe that Aldrich Ames might exhibit and describe why
-
Balance sheet data for the Dover Hot Tub Company on December 31, the end of the fiscal year, are shown at the top of the following page. Prepare a comparative balance sheet for 2008 and 2007, stating...
-
ohn is preparing to play football at State University, which has a nationally ranked football program. He has been offered a generous scholarship, including 5 years of free tuition, free books, and...
-
In April, Community Hospital reported 923 discharge days for adults and children and 107 discharge days for newborns. During the month, 192 adults and children and 37 newborns were discharged....
-
Use simple proportion seasonality to give the forecast values for Quarters 1, 2, 3, and 4 for 2019 if it is predicted that 5,000 units will be demanded in 2019. Year 2017 2018 Quarter Sales Quarter 1...
-
1. Many of us have communication apprehension when delivering a presentation. Describe two or three things that you fear could go wrong in a presentation. 2. list of strategies that could help...
-
What role do international human rights instruments, such as treaties, conventions, and declarations, play in codifying and safeguarding fundamental human rights, and how do mechanisms of monitoring,...
-
Instructions & Idea is Below: I need outlines for this. -The general purpose is to construct a full sentence outline and a Keyword for a persuasion speech: To change or reinforce the audience's...
-
How do macroeconomic policies, structural reforms, and institutional frameworks influence the trajectory of economic development, fostering sustainable growth, diversification, and resilience within...
-
Discussion Board #6: Decision Making Think about a time when you had to make a decision in a group. Even if it was just choosing a place to eat with your friends (which, by the way, can be a huge...
-
WorldCom revealed that in addition to the US$3.8bn in expenses improperly recorded as capital, an internal audit discovered that US$3.3bn in profits were improperly recorded on its books from 1999 to...
-
What is a make-or-buy decision?
-
Use the graph of y = f(x) in Figure 9.40 to find the functional values and limits, if they exist. 1. (a) f (- 2) 2. (a) f(-1) 3. (a) f(4) y = f(x) -2 4 -2 2. lim f(x) -2
-
A couple bought some stock for $30 per share that pays an annual dividend of $0.90 per share. After 1 year the price of the stock was $33. Find the simple interest rate on the growth of their...
-
1. If y = (x3 - 4x2)3, find y'. 2. If y = (5x6 + 6x4 + 5)6, find y'. 3. If y = (2x4 - 9)9, find dy/dx.
-
Flaherty Ltd sells two types of shoes, mens shoes and womens shoes. During the financial year ended 30 June 2019, fixed costs were $460 800 and sales were in the ratio of three units (pairs) of mens...
-
Newbery and Newstead is a public accounting firm specialising in auditing local medium-sized businesses. Fees charged for each audit are determined on the basis of identifiable hours worked on an...
-
Hotbox Ltd produces pizza boxes using two processes cutting and packaging. The production budget for the year ending 30 June 2019 estimated raw materials use of $400 000, factory overhead of $270...
Study smarter with the SolutionInn App