Question

In: Statistics and Probability

find the average time per unit required to produce the first 5 units, if the slope...

find the average time per unit required to produce the first 5 units, if the slope parameter of the learning rate is 90 and the first unit takes 400 hours?

Solutions

Expert Solution


Related Solutions

Find the labor cost to produce 40 cellphones if the time needed to produce the first...
Find the labor cost to produce 40 cellphones if the time needed to produce the first cell phone is 120 hours and learning rate is 90%. Assume the labor wage is $11/hour. please work it in excel
If 200 labor hours were required to produce the first unit in a production run and...
If 200 labor hours were required to produce the first unit in a production run and 80 labor hours were required to produce the 6 unit, what was the learning curve rate during production?
Data 4 Unit sales 30,000 units 5 Selling price per unit $60 per unit 6 Variable...
Data 4 Unit sales 30,000 units 5 Selling price per unit $60 per unit 6 Variable expenses per unit $30 per unit 7 Fixed expenses $810,000 What is the break-even in dollar sales?        (b) What is the margin of safety percentage?        (c) What is the degree of operating leverage? (Round your answer to 2 decimal places.)        3. Using the degree of operating leverage and without changing anything in your worksheet, calculate the percentage change in net operating...
ABC Company sells 18,000 units of a product at $50 per unit. This is the first...
ABC Company sells 18,000 units of a product at $50 per unit. This is the first year of operations so there is no beginning inventory of finished units. The following information is available:    Units produced                   20,000    Raw material costs per unit          $10.00    Direct labor cost per unit             $4.00    Variable overhead per unit             $6.00    Fixed overhead total costs       $50,000    Fixed overhead costs...
Given Sales in units 10,000 Variable manufacturing costs per unit 5 Variable administrative costs per unit...
Given Sales in units 10,000 Variable manufacturing costs per unit 5 Variable administrative costs per unit 2 Fixed manufacturing costs per unit 2 Fixed administrative costs per unit 1 Variable costs 75% of sales Selling price per unit? $2.22 $9.33 $17.50 $20 Given for XM Company the following data for January 20X1. Direct material purchased and used in production accounted for $ 50000 Units purchased 5000 The standard units 4200 Managers estimate price variance not to exceed +1% of the...
Sales (in units) 60,000 Selling price per unit $25 Manufacturing costs per unit:   Materials 5   Direct...
Sales (in units) 60,000 Selling price per unit $25 Manufacturing costs per unit:   Materials 5   Direct labor 4   Overhead         Variable 4          Fixed 6     Total $19 Gross margin 6 Selling and admin. Expenses per unit 2 Operating income $4 A company in a foreign market offer to buy and the offer specifies the following data units to be sold 10,000 price per unit $12 The incremental profit should be
Honeywell manufacturer of fireplaces, had planned to produce and sell 2,500 units at $105.00 per unit....
Honeywell manufacturer of fireplaces, had planned to produce and sell 2,500 units at $105.00 per unit. Budgeted variable manufacturing costs per unit are $20.00. Honeywell pays its salespeople a 5% sales commission, which is the only non-variable manufacturing cost for the company. Fixed costs are budgeted as follows: manufacturing, $40,000 and marketing, $30,000. Actual financial results for the period were as follows. Sales volume was up at 2,750 units sold and actual sales revenue for the period was $260,000. Fixed...
The manager wants to find out the average (population mean) time required to inflate a rubber...
The manager wants to find out the average (population mean) time required to inflate a rubber raft. Assuming that the manager knows the population standard deviation is 1.6 seconds. A random sample of 45 rafts is inflated, yielding an average inflation time of 7.6 seconds (sample mean). Using sample information to construct: (i) 95% confidence interval for the average inflation time of all rubber rafts. (ii) 99% confidence interval for the average inflation time of all rubber rafts.
5. Skelton Corporation had planned to produce 50,000 units of product during the first quarter of...
5. Skelton Corporation had planned to produce 50,000 units of product during the first quarter of the current year. The company prepared the following budget on May 1: Budgeted (50,000 units) Variable costs: Direct materials used $ 36,000 Direct labor 45,000 Variable overhead 22,500 Fixed costs: Manufacturing overhead 58,500 Total manufacturing costs $ 162,000 - During the first quarter, Skelton produced 60,000 units and incurred total manufacturing costs of $184,000. For the 2 questions, below, asked, show your calculations to...
Mega CVBA had average total cost per unit of $10.43 at 4,000 units and $8.55 at...
Mega CVBA had average total cost per unit of $10.43 at 4,000 units and $8.55 at 11,000 units. What is the fixed cost for Mega? Please show work and thank you.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT