A company purchases one of its raw materials from a particular supplier whose delivery limes can vary Details of lead times and production are as follows: Maximum lead time Average lead time 12 days 8 days 4 days 600 kg per day 450 kg per day Minimum usage 300 kg per day Minimum lead time Maximum usage Average usage What should be the reorder level for this raw material? A [ ] 1 200 kg B 3 600 kg C 5 400 kg D7 200 kg

A company purchases one of its raw materials from a particular supplier whose delivery limes can vary Details of lead times and production are as follows: Maximum lead time Average lead time 12 days 8 days 4 days 600 kg per day 450 kg per day Minimum usage 300 kg per day Minimum lead time Maximum usage Average usage What should be the reorder level for this raw material? A [ ] 1 200 kg B 3 600 kg C 5 400 kg D7 200 kg

Pkg Acc Infor Systems MS VISIO CD

10th Edition

ISBN:9781133935940

Author:Ulric J. Gelinas

Publisher:Ulric J. Gelinas

Chapter17: Acquiring And Implementing Accounting Information Systems

Section: Chapter Questions

Problem 1SP

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ellvery/deliverAssessment Maps News Translate I New folder O New folder A 11 Research Propos.. Clicxads.com | Cryp.. ACCA TX (F6 UK) N.. 国 B Sites JESSE JU Time Remaining: 00:51:29 A Hide Time Remaining A The following information relates to the operations of a company; cost per unit from supplier- GHC80, variable cost per unit GHC40 and total fixed cost of GH¢300000. The company determines its selling price by adding a margin of 20%. What is the breakeven quantity? O A. 5556units O B. 6665units C. 5000units D. 6000units Reset Selection 12:11 PM Save A a G 4) 3/18/202 Hext Ps hp
Problem:2 A firm has received an order from customer X to be executed for RO1,800 ( all inclusive). The order requires the following materials, labour etc. Materials Requirements In stock Book value A B 100kg 300kg 50kg RO 250 140kg RO 280 Replacement cost per kg RO 7 RO 3 Realizable value per kg RO 3 RO 1 Labour: Department I: 10 hrs @ RO15 Department II: 8 hrs @ RO12 Variable Overhead: RO 150 Material A is regularly used by the firm and if used on this order has to be replaced for the use of other orders. Material B has no use and is the result of excessive purchase made for an order executed two years ago. Labour in department I is available for this order but labour in department II is fully engaged on another order which is earning a contribution of RO 20 per hour and if the order from X is to be executed, labour in department II has to be diverted from current operations. State whether the order received from customer X has to accepted.
QUESTION 4 An organisation manufactures a single product. The following information with regard to the raw material needed in the production process is supplied to you: Normal delivery time: 2.5 weeksMaximum delivery time: 3.5 weeksNormal usage: 52 000 units per yearPurchase price per unit: R8.50Cost of placing an order: R18.00Interest rate: 2% per yearStoring cost per unit: R2.50 Required: Calculate the EOQ. Calculate the re-order point if the organisation does not keep safety stock.
QUESTION 4 An organisation manufactures a single product. The following information with regard to the raw material needed in the production process is supplied to you: Normal delivery time: 2.5 weeksMaximum delivery time: 3.5 weeksNormal usage: 52 000 units per yearPurchase price per unit: R8.50Cost of placing an order: R18.00Interest rate: 2% per yearStoring cost per unit: R2.50 Required: Calculate the re-order point if the organisation has a policy to keep safety stock. Calculate the safety stock that should be kept by the organisation.
Simplifying the ABC System: Equally Accurate Reduced ABC Systems Selected activities and other information are provided for Patterson Company for its most recent year of operations. Expected ConsumptionRatios Activity Driver Quantity Wafer A Wafer B 7. Inserting dies Number of dies 2,200,000 0.7 0.3 8. Purchasing materials Number of purchase orders 1,900 0.2 0.8 1. Developing test programs Engineering hours 11,500 0.25 0.75 3. Testing products Test hours 20,000 0.6 0.4 ABC assignments $155,000 $155,000 Total overhead cost $310,000 Required: 1. Form reduced system cost pools for activities 7 and 8. Do not round interim calculations. Round your final answers to the nearest dollar. Inserting…
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QUESTION 1 Trinity product Limited makes and sells three types of electronic security systems for which the following information is available Standard cost and selling price per unit Day Scan Night scan Omni scan GH¢ GH¢ GH¢ Material 70 110 155 Manufacturing labour 40 55 70 Installation labour 24 32 44 Variable overheads 16 20 28 Selling price 250 320 460 Fixed cost for the period are GH¢450,000 and installation labour, which is highly skilled is available for 25,000 hours only in a period and is paid GH¢8 per hour. Both manufacturing and installation labour are variable cost. The maximum demand for the period is: Day scan 2,000 units; Night scan 3,000 units; Omni scan 1,800 units. Required a) Calculate the shortfall (if any) in hours of installation labour. b) Determine the best production plan assuming the company wishes to maximize profit. c) calculate the maximum profit that could be achieved from the plan in part (b) above d) Having carried out an investigation of the…
Inspect time / unit $10,207 10.8 minutes Sales Volume Variable cost Fixed cost Product X $50,000 1000 $22,057 Product Y $150,000 2000 $56,829 $39,065 12 minutes 1.Calculate the total shadow cost of inspection time in $ / hour Note. The overall opportunity cost for a resource (S) is the maximum value of the Si's across all products that use the resource. Sis called the resource's shadow cost. Inspect time / unit $21,635 14.4 minutes price Variable cost Fixed cost Product Z 79 per unit 29 per unit 2. Calculate the breakeven volume for this new product, taking opportunity cost into account. Note.For each product, the shadow cost should be treated as a variable cost. Sx Ui is added to Ci (variable cost per unit). 3.This situation is an example of which type of product interaction? a. Supply complement b.Supply substitution c.Demand complement d.Demand substitution
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decrease in the cost of ordering a batch of raw material? Questions on Accounting for Materials units, The annual holding costs associated with orne unit Caasine Jobbors 1. The purchase price of an the A. 730 B. 894 © 1,461 1,633 A. EOQ: Higher, Annual Holding Cost: Lawer B. EOQ: Higher, Annual Holding Cost: Higher C. EOQ: Lower, Annual Holding Cost: Higher D. EOQ: Lower, Annual Holding Cost: Lower reorder quantity (to the nearest 100 units)? A. 500 units B. 1,000 units C. 1,200 units D. 1,700 units the component? A. 530 B. 671 C. 949 D. 1,342 one unit of the component in inventory? A. EOQ: Lower, Total Annual Ordering Cost: Higher B. EOQ: Higher, Total Annual Ordering Cost: Lower C. EOQ: Lower, Total Annual Ordering Cost: No Effect D. EOQ: Higher, Total Annual Ordering Cost: No Effect E. The demand for a product is 12,500 units for a three-month period. Each unit or as a purchase price of $15 and ordering costs are $20 per order placed. The
(e) Product Blue Product Red £ £Selling £12.00 £24.00Variable cost £ 4.00 £ 8.00Contribution margin £ 8.00 £16.00Fixed costs apportioned £200,000 £400,000Budgeted Sales Units 140,000 60,000Required:Calculate the breakeven points, for each product and the company as a wholeand comment on your findings