Question 3 – (13 Marks) Part A - (5 marks) Superior Sanitiser is manufacturer and supplier...

Question 3 – Part A - Superior Sanitiser is manufacturer and supplier of hand sanitisers. Due to the corona virus health crises there is a great demand for their products in the current marketplace. The glass bottles are produced in the bottle division, and then transferred to the liquid division, where they are filled with sanitiser liquid. The company’s best-selling product is ‘Kenkey Hand Sanitiser’. The standard cost of the bottle of Kenkey is shown in the following table: Bottle division Liquid division Direct material $10 $20 Direct labour $20 $10 Variable Overhead $25 $32 Total standard cost $68 $80 Bottle division can also sell the bottles directly to glass bottle wholesalers. The sales price for a unit of bottles is $85. The liquid division sells its finished product for $6.00. Required: 1. Assume that there is no spare capacity in the Bottle division: a. Use general rule to calculate the transfer price for bottles (1 mark). b. Calculate the transfer price if it is based on standard variable cost with a 10% mark-up (1 mark). Type answer here. 2. Assume that there is spare capacity in the bottle division. a. Use the general rule to calculate transfer price for bottles (1 mark), b. Explain why your answers to requirements 1(a) and 2(a) differs

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Question 3 (12 marks) Part A ( 3 marks) A project (by a competitor) is way...

Question 3 Part A ( 3 marks) A project (by a competitor) is way behind development by five months. Your company's Project Manager Ellie suggested using the "exploit" strategy to supply to the customer. Explain to your team briefly what is this type of risk? Part B ( 9 marks) With reference to the strategy of exploitation above, now create a detailed plan on what you would execute with your team. [Assumption: Budget is not a problem.]

Question 3.3 (Total: 45 marks; part 1: 24 marks; part 2: 15 marks; part 3:...

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Question 3.3 (Total: 45 marks; part 1: 24 marks; part 2: 15 marks; part 3: 6...

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Question 5 (5 marks) Describe what is meant by supplier-induced demand? (use asupply and demand diagram...

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QUESTION 2 20 MARKS William and Paul own a business selling face masks and hand sanitiser....

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QUESTION 3 Regression Analysis Guide to marks: 20 marks – 5 for a, 10 for b,...

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Question 3 (5 + 5 + 4 = 14 Marks) a. Match FIVE of the 11...

Question 3 (5 + 5 + 4 = 14 Marks) a. Match FIVE of the 11 audit sampling terms (1-11) with the five definitions provided below in items (i-v): 1. attributes sampling 2. block sample selection 3. haphazard sample selection 4. non-statistical sampling 5. probability proportional to size 6. random selection 7. representative sample 8. sampling distribution 9. statistical sampling 10. stratified sampling 11. systematic sample selection i the use of mathematical measurement techniques to calculate formal statistical results and...

Consider a supply chain consisting of a part supplier, a manufacturer (mfr.), the retailer, and the...

Consider a supply chain consisting of a part supplier, a manufacturer (mfr.), the retailer, and the customer. Suppose the customer’s reservation price of the machine is $200. The retail price is $150. The wholesale price between the mfr. and the dealer is $100. The dealer’s other retail-related cost is $20. The mfr. produces the product at $30 as the production cost and pays the supplier $20 to buy the parts needed. The supplier’s production cost is $10. Q1. Please calculate...

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