lan B: Vary the workforce to produce the prior month's demand. The firm produced 1,300 units in June. The cost of hiring additional workers is $35 er unit produced. The cost of layoffs is $65 per unit cut back. (Enter all responses as whole numbers.) lote: Both hiring and layoff costs are incurred in the month of the change (i.e., going from production of 1,300 in July to 1300 in August requires a ayoff (and related costs) of 0 units in August). Month 1 2 3 September 4 October 5 November 6 December July August Demand 1300 1150 1100 1600 1900 1900 Production Hire Layoff Ending Stockouts (Units) (Units) Inventory (Units)
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- Barker Company produces and sells a single product with budgeted or standard costs as follows: Inputs Standards Direct materials 10 lbs at $10.00 per pound Direct labor 8 hours at $12.50 per hour Variable factory overhead 8 hours at $20.00 per hour Fixed factory overhead 8 hours at $40.00 per hour Overhead rates are based on 8,000 standard direct labor hours per month, i.e., this is the master budget denominator activity level. Desired ending inventories of materials are based on 10% of the next months materials needed. Desired ending finished goods are based on 5% of next periods budgeted unit sales. Unit Sales are budgeted as follows: January February March April 1,000 1,200 1,600 1,400 The budgeted sales price is $1000 per unit. Sales are budgeted as 80% credit sales and 20% cash sales. Past experience indicates that 60% of credit sales are collected during the month of sale, 38% are collected in the following month, and…No Ai True or False: "Capacity planning is concerned with determining the maximum output an organization can achieve within a given period."1. A worker earns a minimum daily wage of P537. His regular work hours are from 8:00 am to 5:00 pm with one hour lunch break. The worker's rest day is Thursday. Paydays are every 5th and 20th of the month. Compute his daily gross earnings if his time record shows the following data: Date 21 - Dec Thursday (Rest Day) 22 - Dec Friday 23 - Dec Saturday 24 - Dec Sunday ( Special Holiday) 8:00 am 11:00 am 25 - Dec Monday (Regular Holiday ) NO WORKINO WORK 26 - Dec Tuesday 27 - DecWednesday 28 - DecThursday ( Rest Day) 29 - DecFriday 30 - DecSaturday( Regular Holiday )8:00 am 5:00 pm 31 - Dec Sunday ( Special Holiday) 8:00 am 11:30 am 1- Jan Monday (Regular Holiday ) NO WORKINO WORK 2- Jan Tuesday 3- Jan Wednesday 4- Jan Thursday (Rest Day) |Day Time In Time Out 9:00 am 4:00 pm 8:00 am 5:00 pm 8:00 am 5:00 pm 8:30 am 5:00 pm 8:00 am 5:00 pm 10:00 am 3:00 pm 8:00 am 5:00 pm ]9,00 am 5:00 pm 8:00 am 5:00 pm 8:00 am 4:00 pm
- True or False: "Capacity planning is concerned with determining the maximum output an organization can achieve within a given period."A manager facen peak (weekly) demand for one of her operations, but is not sure how long the peak will last She can either use overtime from the current workforce, or hirelayoff one temporary worker and just pay regular-time wages Regular-time pay is $500 per week overtime is 5800 per week, the hiring cost is $3,000, and the layoff cost is $2,000 Use breakeven analysis to solve this problem What is the fixed cost for the regular time option?S Enter your reaponae as an integer)What is CAPACITY REQUIREMENTS FORECASTING?
- Dohini Manufacturing company had following 12 months of data on purchasing cost and number of purchase orders. Required: 1. Determine the high point and low point. 2. Calculate the variable rate for purchasing cost based on the number of purchase orders. (Round to nearest cent) 3. Calculate the fixed monthly cost of purchasing.(Round to nearest dollar). 4. Write the cost formula for the purchasing activity showing the fixed cost and the variable rate. 5. If Dohini manufacturing company estimates that next month will have 430 purchase orders, what is the total estimated purchasing cost for the that month?(Round to nearest dollar) 6. What if Dohini manufacturing wants to estimate purchasing cost for the coming year and expects 5340 purchase orders? What will estimated total purchasing cost be? What is the total fixed purchasing cost? Why doesn't equal the fixed cost calculated in Requirement 3?(Round to nearest dollar)Rough-Cut Capacity Planning 10. The demand for three products selected from a company's sales and operations plan are shown next, along with each product's standard hours. Assuming that the company has 27,500 labor hours available during the next planning horizon, determine whether the sales and operation plan is feasible. Product B C Units Demanded 25,000 14,500 11,500 Standard Hours (in hours/unit) 0.4 1.1 0.2Rough-Cut Capacity Planning 10. The demand for three products selected from a company's sales and operations plan are shown next, along with each product's standard hours. Assuming that the company has 27,500 labor hours available during the next planning horizon, determine whether the sales and operation plan is feasible. Product A B Units Demanded 25,000 14,500 11,500 Standard Hours (in hours/unit) 0.4 1.1 0.2
- Company A recently completed and sold an order of 50 units that had the following costs: Direct materials Direct labor* (1000 hours @ P8.50) |Variable overhead (1000 hours @ P4.00) Other overhead costs** Total 1500 8500 4000 1400 15400 | *Applied on the basis of direct labor hous **Applied at the rate of 10% of variable cost The company has now been requested to prepare a bid for 150 units of the same product. If an 80% incremental unit-time learning curve is applicable, Company A's total cost on this order would be estimated atConsuelo Chua, Inc., is a Columbian disk drive manufacturer in need of an aggregate plan for July through December. The company has gathered the following data. There are 8 hours of production per day. Holding cost Subcontracting Regular-time labor Overtime labor Hiring cost Layoff cost Costs $8/disk drive/Month $80/disk drive Month $12/hour $18/hour (above 8 hours) $40/worker $80/worker 0 June 1 July 2 August 3 September 4 October 5 November 6 Doramhar What will each of the two following strategies cost? a) Vary the workforce so that production approximates demand. Chua had eight workers on board in June. (Enter all responses as whole numbers). Demand* Fill in the table below. (Enter all responses as whole numbers. In the hire/layoff column, use positive numbers for hires-plus signs omitted; negative numbers for layoffs.) 400 500 550 700 800 700 Current workforce (June) Labor-hours/disk drive Workdays/month Beginning Inventory 150 Other Data 20 days Beginning Inventory 150 disk…29 - Which of the following is a method of job valuation in which jobs are arranged by a committee in a simple order from lowest to highest in value? a) Classification method B) Comparison method NS) Sort method D) Rating method TO) Spacing method