What is the purpose of a planning and control system related to scheduling?
In: Operations Management
Andalus Furniture Company has two manufacturing plants, one at Aynor and another at Spartanburg. The cost in dollars of producing a kitchen chair at each of the two plants is given here. The cost of producing Q1 chairs at Aynor is: 25Q1+2.5Q12+100 and the cost of producing Q2 kitchen chairs at Spartanburg is: 75Q2+2.5Q22+150. Andalus needs to manufacture a total of 40 kitchen chairs to meet an order just received. How many chairs should be made at Aynor, and how many should be made at Spartanburg in order to minimize total production cost? If required, round your answers to the nearest whole number. Round intermediate calculations to two decimal places.
Aynor
Spartanburg
Total cost $
In: Operations Management
Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of Safety, and Operating Leverage
Belmain Co. expects to maintain the same inventories at the end of 20Y7 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these estimates is as follows:
Estimated Fixed Cost |
Estimated Variable Cost (per unit sold) |
||||||
Production costs: | |||||||
Direct materials | — | $26 | |||||
Direct labor | — | 17 | |||||
Factory overhead | $530,800 | 13 | |||||
Selling expenses: | |||||||
Sales salaries and commissions | 110,300 | 6 | |||||
Advertising | 37,300 | — | |||||
Travel | 8,300 | — | |||||
Miscellaneous selling expense | 9,100 | 5 | |||||
Administrative expenses: | |||||||
Office and officers' salaries | 107,800 | — | |||||
Supplies | 13,300 | 2 | |||||
Miscellaneous administrative expense | 12,540 | 3 | |||||
Total | $829,440 | $72 |
It is expected that 6,480 units will be sold at a price of $360 a unit. Maximum sales within the relevant range are 8,000 units.
Required:
1. Prepare an estimated income statement for 20Y7.
Belmain Co. | |||
Estimated Income Statement | |||
For the Year Ended December 31, 20Y7 | |||
Sales | $ | ||
Cost of goods sold: | |||
Direct materials | $ | ||
Direct labor | |||
Factory overhead | |||
Total cost of goods sold | |||
Gross profit | $ | ||
Expenses: | |||
Selling expenses: | |||
Sales salaries and commissions | $ | ||
Advertising | |||
Travel | |||
Miscellaneous selling expense | |||
Total selling expenses | $ | ||
Administrative expenses: | |||
Office and officers' salaries | $ | ||
Supplies | |||
Miscellaneous administrative expense | |||
Total administrative expenses | |||
Total expenses | |||
Operating income | $ |
2. What is the expected contribution margin
ratio? Round to the nearest whole percent.
%
3. Determine the break-even sales in units and dollars.
Units | units |
Dollars | $ |
4. Construct a cost-volume-profit chart on your
own paper. What is the break-even sales?
$
5. What is the expected margin of safety in dollars and as a percentage of sales?
Dollars: | $ | |
Percentage: (Round to the nearest whole percent.) | % |
6. Determine the operating leverage. Round to one decimal place.
In: Accounting
A student becomes very stressed while taking an exam. Explain how cortisol and epinephrine are affected by this increased level of stress and explain the effects it has on the student.
In: Anatomy and Physiology
Bronner’s Christmas Store is one of the largest in America. Bronner’s currently has one store located in Frankenmuth, Michigan. Bronner’s has decided to open up a second store in Heidelberg, Germany. Reflecting on each chapter in our textbook, respond to each of the following questions as though you were hired to be a consultant to Bronner’s.
What are some of the import/export issues that Bronner's may face with the new location?
In: Operations Management
Using jGRASP, write a Java program named LastnameFirstname11.java, using your last name and your first name, that does the following:
In: Computer Science
In: Operations Management
Please fllll this out thank you
/**
*
* Creates a six-sided die and rolls it 20 times. It outputs the
face values and also
* the number of times the die lands on 6.
*
* Creates 2 eight-sided dice and rolls the pair 10 times. It prints
out a sequence
* of pairs representing the face values as well as the number of
doubles.
*
* Allows the user to repeat the above steps as often as (s)he
wishes.
*
* @author (put your name here!!!)
* @version (3-20-19)
*/
import java.util.*;
public class TestDie
{
public static void main (String [] args)
{
Scanner keyIn = new Scanner(System.in);
// display output heading
System.out.println ("Programmer: put your name here!!");
System.out.println ("Course: COSC 111, Winter '19");
System.out.println ("Lab: Exam 2, part 2");
System.out.println ("Due date: 3-20-19\n");
// create a six-sided die
// create a Die object and then call the method setSides to set the
number of sides to 6
// roll the die 20 times, output the face value of each roll (4 per
line), and the
// number of times the die lands on 6.
// set up a loop that iterates exactly 20 times, and each time
through the loop do the following:
// roll the die by calling the method 'roll'; output the face value
of the die; check the face
// value to keep track of 6s, and check to see if you have printed
4 numbers already, if yes,
// then advance to the next line.
System.out.println("Rolling a 6-sided die 20 times:" );
// create two eight-sided dice
// create two 'Die' objects and then use the method 'setSides' with
each object to set its number of sides to 8
System.out.println("\nRolling a pair of 8-sided dice 10 times:");
// throw a pair of eight-sided dice 10 times, output the face
values of each throw as a pair
// and also the number of doubles (both dice land on the same face
value)
// set up a loop that iterates exactly 10 times, and each time
through the loop do the following:
// roll both die by calling the method 'roll' twice; print out
their face values as a pair;
// and check to see if both face values are the same, if yes, keep
track of it.
// add a do-while loop to repeat the above code as often as the user wishes
}
}
In: Computer Science
Andre, a student preparing for his final exams, has an argument with his parents regarding the use of IPod during study hours. According to his parents, listening to music while studying affects cognitive performance and will pose serious impediments in Andre’s ability to focus. But Andre provides a counter-argument, as he believes that music acts as a stress buster. He says that it helps in the release of dopamine that relieves stress and relaxes the mind. Do you agree with Andre? Provide justification for your answer in about 200-300 words.
DO NOT COPY PASTE. PLEASE TYPE.
In: Psychology
Is it Fair to Dock Employees’ Pay for Bathroom Breaks?
Consider a company whose employees include both smokers and nonsmokers. The smokers take numerous paid smoking breaks, while the nonsmokers do not. Is there an ethical issue here? Discuss.
In: Operations Management
Read the following description of a problem and solution. Problem and solution: The problem is the main one Quest has been working on: to increase sales of their tours. The solution they selected is to offer Quest’s most popular tours more often. The five most popular tours are to Italy, France, Australia, Belize, and Alaska. 3. Now you try it In the following space, list the general steps Quest should follow to monitor the solution they selected. Give specific examples about the kinds of activities they can perform.
In: Operations Management
CPU Company, AMD vs Intel vs ARM
which CPU model that compete between these 3 companies? What's their specification?
In: Computer Science
Break-Even Sales and Sales Mix for a Service Company Zero Turbulence Airline provides air transportation services between Los Angeles, California; and Kona, Hawaii. A single Los Angeles to Kona round-trip flight has the following operating statistics: Fuel $5,640 Flight crew salaries 4,320 Airplane depreciation 2,040 Variable cost per passenger—business class 55 Variable cost per passenger—economy class 45 Round-trip ticket price—business class 555 Round-trip ticket price—economy class 295 It is assumed that the fuel, crew salaries, and airplane depreciation are fixed, regardless of the number of seats sold for the round-trip flight. If required round the answers to nearest whole number. a. Compute the break-even number of seats sold on a single round-trip flight for the overall product, E. Assume that the overall product is 20% business class and 80% economy class seats. Total number of seats at break-even seats b. How many business class and economy class seats would be sold at the break-even point? Business class seats at break-even seats Economy class seats at break-even seats
In: Accounting
In: Economics
CPU Company, AMD vs Intel vs ARM
For tablet or Laptop. or any devices that this CPU is equipped
with,
Which one is the BEST, BALANCE, & the WORST? Need Reasons
why
In: Computer Science