An electronic manufacturer must expand by building a second facility. The search is narrowed to four locations, all of which are acceptable to management in terms of dominant factors. Assessment of these sites in terms of seven location factors is shown in the table below.
Location factor |
Factor weight |
Location |
|||
A |
B |
C |
D |
||
Labour climate |
20 |
5 |
4 |
4 |
5 |
Quality of life |
16 |
2 |
3 |
4 |
1 |
Transportation system |
16 |
3 |
4 |
3 |
2 |
Proximity to markets |
14 |
5 |
3 |
4 |
4 |
Proximity to materials |
12 |
2 |
3 |
3 |
4 |
Taxes |
12 |
2 |
5 |
5 |
4 |
Utilities |
10 |
5 |
4 |
3 |
3 |
Calculate the factor rating score for each location and identify the best location.
In: Operations Management
Cost Information and FIFO
Gunnison Company had the following equivalent units schedule and cost information for its Sewing Department for the month of December:
Direct Materials | Conversion Costs | ||
Units started and completed | 45,000 | 45,000 | |
Add: Units in beginning work in process × | |||
Percentage complete: | |||
7,000 × 0% direct materials | — | ||
7,000 × 50% conversion Costs | 3,500 | ||
Add: Units in ending work in process × | |||
Percentage complete: | |||
12,000 × 100% direct materials | 12,000 | — | |
12,000 × 35% conversion Costs | — | 4,200 | |
Equivalent units of output | 57,000 | 52,700 | |
Costs: | |||
Work in process, December 1: | |||
Direct Material | $91,000 | ||
Conversion Costs | 21,000 | ||
Total work in process | $112,000 | ||
Current costs: | |||
Direct Material | $798,000 | ||
Conversion Costs | 263,500 | ||
Total current costs | $1,061,500 |
Required:
1. Calculate the unit cost for December, using
the FIFO method.
$ per equivalent unit
2. Calculate the cost of goods transferred out, calculate the cost of EWIP, and reconcile the costs assigned with the costs to account for.
Cost of goods transferred out | $ |
Cost of EWIP | $ |
Cost to account for: | |
---|---|
BWIP | $ |
Current (December) | |
Total | $ |
3. What if you were
asked for the unit cost from the month of November? Calculate
November's unit cost.
$ per equivalent unit
In: Accounting
Classical economists argue that a government-imposed minimum wage can cause economic inefficiency, and that increasing the minimum wage can create more inefficiency. On the other hand, Governor Pritzer argues that increasing the minimum wages is economic justice. Do you agree with him? Explain
.
In: Economics
Discuss thoroughly at least 3 benefits and 3 risks of the fast-paced move to automation in accounting using at least one specific technology. Please do not include topics already discussed by you in this quiz or the last one.
In: Accounting
Describe the role of the customer in strategic decision making. List the types of market segmentation found in marketing. You do not need to explain them. Just list them in point form. Any sources that are not yours must be cited.
In: Operations Management
why are oral diseases considered a public health problem in need of a public health solution?
In: Operations Management
Hervis Car Rental in Austin, Texas, has 50 high-performance
Shelby-H Mustangs in its rental fleet. These cars will be in
greater demand than usual during the last weekend in July when the
Central Texas Mustang Club holds its annual rally in Austin. At
times like this, Hervis uses a revenue management system to
determine the optimal number of reservations to have available for
the Shelby-H cars.
Hervis has agreed to have at least 60% of its Shelby-H Mustangs
available for rally attendees at a special rate. Although many of
the rally attendees will request a Saturday and Sunday two-day
package, some attendees may select a Saturday-only or a Sunday-only
reservation. Customers not attending the rally may also request a
Saturday and Sunday two-day package, or make a Saturday-only or
Sunday-only reservation. Thus, six types of reservations are
possible. The cost for each type of reservation is shown
here.
Two-Day |
Saturday- |
Sunday- |
|
Package |
Only |
Only |
|
Rally |
$125 |
$75 |
$65 |
Regular |
150 |
85 |
75 |
The anticipated demand for each type of reservation is as
follows:
Two-Day |
Saturday- |
Sunday- |
|
Package |
Only |
Only |
|
Rally |
20 |
10 |
15 |
Regular |
10 |
20 |
25 |
Hervis Car Rental would like to determine how many Shelby-H
Mustangs to make available for each type of reservation in order to
maximize total revenue.
In: Operations Management
In: Computer Science
Perform a stockholder's impact analysis for Amazon
In: Operations Management
A wire has a resistivity of 6.80 x 10-8 ohm . meter when the temperature is 75.0 degrees Farenheit. If the temperature coefficient of resistivity of the material that the wire is made from is 5.0 x 10-3 (1/Kelvin), what will be the resistivity of the wire when it is cooled to 45.0 degrees Farenheit? Note: before working this problem you must convert the temperature from the Farenheit temperature scale to the Kelvin scale. Give your answer in the form "a.bc" x 10-8 Ω.m.
(2) A heating element is made by maintaining a potential difference of 13.5 V along the length of a certain wire with a 6.80 x 10-6 m2 cross section area and a resistivity of 4.68 x 10-6 ohm.m. If the element dissipates 5.0 W, what is its length? Put your answer in the form of "a.bc x 10^(x) m"
(3)a potential difference of 12.8 V is maintained between the ends of a 1500 cm length of wire whose diameter is 0.56 mm. The conductivity of the wire is 4.80 x 107(ohm.m)-1. Determine the rate at which energy in the wire is transformed from kinetic to thermal energy. Give your answer in the form "a.bc x 10^(x) unit".
(4)A current of 126 mA exists in a wire for 5.60 minutes. What is the rate that charge passes a point in the wire? Give your answer in the form "a.bc x 10^(x)" C/s. Continuing the previous question, what is the rate of electrons passing through a cross section perpendicular to the wire's axis? Give your answer in the form "a.bc x 10^(x)" electrons/second. Assume that the charge moves in a straight line from one end of the wire to the other, how many electrons are moved through the cross section during 38.0 ms? Give your answer in the form "a.bc x 10^(x)" electrons
(5) An electrical current of 8.50 mA exists in a solid cylindrical wire whose diameter is 1.50 mm. Calculate the magnitude of the current density in the wire. Put your answer in the form of "a.bc x 10^(x)" A/m2. Assume that electrons are the charge carriers and the conduction electron density is 8.55 x 1029/m3. (Note that this is the charge carrier density and could also be stated as 8.55 x 1029 charge carriers/m3 or electrons/m3.) Calculate the electron drift speed in the wire. Put your answer in the form of "a.bc x 10^(x) m/s".
(6.)A wire with a resistance of 6.80 mΩ is drawn out through a die so that its new length is 4 times its original length. Find the resistance of the longer wire, assuming that the resistivity and density of the material are not changed during the drawing process. Put your answer in the form of "a.bc x 10^(x) ohm".
In: Physics
Kolby’s Korndogs is looking at a new sausage system with an installed cost of $655,000. This cost will be depreciated straightline to zero over the project’s five-year life, at the end of which the sausage system can be scrapped for $85,000. The sausage system will save the firm $183,000 per year in pretax operating costs, and the system requires an initial investment in net working capital of $35,000. If the tax rate is 22 percent and the discount rate is 8 percent, what is the NPV of this project?
In: Finance
A plane electromagnetic wave, with wavelength 3.5 m, travels in vacuum in the positive direction of an x axis. The electric field, of amplitude 440 V/m, oscillates parallel to the y axis. What are the (a) frequency, (b) angular frequency, and (c) angular wave number of the wave? (d) What is the amplitude of the magnetic field component? (e) Parallel to which axis does the magnetic field oscillate? (f) What is the time-averaged rate of energy flow associated with this wave? The wave uniformly illuminates a surface of area 2.3 m2. If the surface totally absorbs the wave, what are (g) the rate at which momentum is transferred to the surface and (h) the radiation pressure?
In: Physics
Transfer Price Decisions
The Consulting Division of IMB Corporation is often involved in assignments for which IBM computer equipment is sold as part of a systems installation. The Computer Equipment Division is frequently a vendor of the Consulting Division in cases for which the Consulting Division purchases the wquipment form the Computer Equipment Division. The Consulting Division does not view itself as a sales arm of the Computer Equipment Division but as a strong competitor to the major consulting firms of information systems. The Consulting Division's goal is to maximize its profit contribution to the comapany, not necessarily to see how much IBM equipment it can sell. If the Consulting Division is truly an autonomous investment center, it has the freedom to pruchase equipment from competing vendors if the consultants believe that a competitor's products serve the needs of a client better than the comparable IBM product in a particular situation.
Required
a. In this situation, should corporate management be concerned about whether the Consulting Division sells IBM products or those of other computer companies? Should the Consulting Division be required to sell only IBM products?
b. Discuss the transfer-pricing issues that both the Computer Equipment Division manager and the Consulting Division manager should consider. If top managment does not have a policy on pricing transfers between these two divisions, what alternative transfer prices should the division managers consider?
c. What is your recommendation regarding how the managers of the Consulting and Computer Equipment Divisions can work together in a way that will benefit each of them individually and the company as a whole?
In: Operations Management
what made Peter drucker the guru of organizational management.?
be thorough
In: Operations Management
What are the pattern elements for the Facade Design Pattern?
In: Computer Science