1. Construct the cost formula for the purchasing activity showing the fixed cost and the variable rate. 8.03 X +(s 8.03 Xx Purchase orders) 8.03 Xx Nonstandard orders) 2. If McGarvey Manufacturing Company estimates that next month will have 490 total purchase orders and 42 nonstandard orders, what is the total estimated purchasing cost for that month? (Round your answer to the nearest dollar.) 3. What if McGarvey Manufacturing wants to estimate purchasing cost for the coming year and expects 6,000 purchase orders and 500 nonstandard orders? What will estimated total purchasing cost be? (Round your answer to the nearest dollar.) 23,507 X What is the total fixed purchasing cost?

A20

The table above provides the aggregate plan of production by a firm. It is known that the firm uses a level plan with backorders. Given this information, what is the number in the cell with the question mark?

I pt Amy works for an insurance company. Last month, she met with 40 prospects and made 16 sales totaling $52,000. Since she exceeded her monthly sales goal of $25,000, her manager gave her a bonus. What was Amy's conversion rate and her "meeting quota" percentage for the month? O 40%, 48% O 48%, 40% O 48%, 208% O 40%, 208% O 208%, 40% Question 3 DuPont assigned groups comprised of chemists, sales and marketing executives, and regulatory Trowors The product recorded sales of $57 million in its fi

Standard Costing; Variance Analysis; Strategic Considerations In a Wall Street Journalarticle, the author notes that various retailers in the United States (e.g., Meijer, Gap, and OfficeDepot) are turning to consulting firms, such as Accenture, to develop engineered labor standards forcashiers and other retail workers. Monitoring labor-hour consumption (i.e., labor efficiency) undersuch standards involves timing from the first scan of an item in a customer’s purchase to the production of a sales receipt for the customer. A commentator for Meijer states that the system now in usehas enabled the company to more efficiently staff stores while concomitantly increasing customerservice ratings. A representative from another client of Accenture states that the new system allowsthe retailer to determine how many workers to schedule at a given time, resulting in a labor-costreduction of approximately 8%. Engineered standards were developed many years ago in a manufacturing environment, at…

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12 Assuming there is no change in a product's price or the quantity demanded, if a business owner wants to increase her advertising expenses by $500 monthly, ut of this would cause total costs to and the break-even quantity to question Select one: O a. stay the same; increase. O b. increase; increase. O c. decrease; increase. O d. stay the same; decrease. O. e. decrease; stay the same. car wash pays $2.500 in rent, $500 in

The Porsche Club of America sponsors driver education events that provide high-performance driving instruction on actual race tracks. Because safety is a primary consideration at such events, many owners elect to install roll bars in their cars. Deegan Industries manufactures two types of roll bars for Porsches. Model DRB is bolted to the car using existing holes in the car's frame. Model DRW is a heavier roll bar that must be welded to the car's frame. Model DRB requires 20 pounds of a special high alloy steel, 40 minutes of manufacturing time, and 60 minutes of assembly time. Model DRW requires 25 pounds of the special high alloy steel, 100 minutes of manufacturing time, and 40 minutes of assembly time. Deegan's steel supplier indicated that at most 36,000 pounds of the high-alloy steel will be available next quarter. In addition, Deegan estimates that 2,000 hours of manufacturing time and 1,700 hours of assembly time will be available next quarter. The profit contributions are $200…

II. Financial information of the business which produces and sells three types of electronical motors is given below: Production Sale Direct Model Quantity (U) Price ($) Material($) Norm 5.000 800 120 Pluger 4.000 1.500 450 Elevator 1.000 2.500 700 Direct Production Labor ($) Time (DLH/U) 80 250 300 4 5 8 Total fixed costs are only 1.750.000$. a. Calculate the BEP for each model, b. Choose the model to prioritize with reasons, c. Compute the common BEP of all models, d. Compute the profit if all the capacity is sold, e. Compute the sale price of each model to get a profit of 5.150.000$.

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