The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

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Answer 1

Question

Definition Definition System of assigning an estimated cost to the product (instead of the actual cost) so that the product cost can be determined well in advance and the pricing of the product can be done on time. Since the actual cost cannot be predicted at the initial stage of the production process, the estimated cost is recorded in the books. Any deviation of the estimated cost of the actual cost is adjusted in the books at the end of the period.

Chapter 11, Problem 11.41BE

1.

To determine

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

2.

To determine

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

3.

To determine

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

4.

To determine

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

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Green Manufacturing is a traditional manufacturing company located in the midwestern United States. The company’s operations manager is developing a strategy to become more CSR-oriented. In an effort to evaluate possible areas where CSR initiatives can be implemented, the manager has gathered the following data regarding three potential CSR activities: Initialadded cost Variable cost Variable savings Recycle and reuse production material $5,000 $0.10 per lb. of recycled material $0.15 per lb. of recycled material Add solar panels as a source of power 700,000 $1,000 per year $33,000 per year Replace assembly room light fixtures with natural light 120,000 $180 per month $220 per month The recycling activity would carry on indefinitely. The solar panels would have a useful life of 30 years. The replacement of assembly room light fixtures with natural light is assumed to have an 80-year effect. a. Determine if it is viable to recycle and use…

Green Manufacturing is a traditional manufacturing company located in the midwestern United States. The company's operations manager is developing a strategy to become more CSR-oriented. In an effort to evaluate possible areas where CSR initiatives can be implemented, the manager has gathered the following data regarding three potential CSR activities: Initial Added Cost Variable Cost Variable Savings Recycle and reuse production materials $ 5,000 $0.10 per lb. of recycled material $0.15 per lb. of recycled material Add solar panels as a source of power 700,000 $ 1,000 per year $ 33,000 per year Replace assembly room light fixtures with natural light 120,000 $ 180 per month $ 220 per month The recycling activity would carry on indefinitely. The solar panels would have a useful life of 30 years. The replacement of assembly room light fixtures with natural light is assumed to have an 80-year effect. a. Identify which CSR activities Green Manufacturing should…

Answer 2

Question

Definition Definition System of assigning an estimated cost to the product (instead of the actual cost) so that the product cost can be determined well in advance and the pricing of the product can be done on time. Since the actual cost cannot be predicted at the initial stage of the production process, the estimated cost is recorded in the books. Any deviation of the estimated cost of the actual cost is adjusted in the books at the end of the period.

Chapter 11, Problem 11.41BE

1.

To determine

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

2.

To determine

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

3.

To determine

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

4.

To determine

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

Expert Solution & Answer

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Answer 3

Question

Definition Definition System of assigning an estimated cost to the product (instead of the actual cost) so that the product cost can be determined well in advance and the pricing of the product can be done on time. Since the actual cost cannot be predicted at the initial stage of the production process, the estimated cost is recorded in the books. Any deviation of the estimated cost of the actual cost is adjusted in the books at the end of the period.

Chapter 11, Problem 11.41BE

1.

To determine

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

2.

To determine

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

3.

To determine

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

4.

To determine

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

Expert Solution & Answer

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Answer 4

Question

Definition Definition System of assigning an estimated cost to the product (instead of the actual cost) so that the product cost can be determined well in advance and the pricing of the product can be done on time. Since the actual cost cannot be predicted at the initial stage of the production process, the estimated cost is recorded in the books. Any deviation of the estimated cost of the actual cost is adjusted in the books at the end of the period.

Chapter 11, Problem 11.41BE

1.

To determine

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

2.

To determine

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

3.

To determine

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

4.

To determine

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

Expert Solution & Answer

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See solution

Answer 5

Chapter 11, Problem 11.41BE

1.

To determine

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

2.

To determine

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

3.

To determine

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

4.

To determine

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

Answer 6

Chapter 11, Problem 11.41BE

1.

To determine

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

Answer 7

Chapter 11, Problem 11.41BE

1.

To determine

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

Answer 8

2.

To determine

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

Answer 9

2.

To determine

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

Answer 10

3.

To determine

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

Answer 11

3.

To determine

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

Answer 12

4.

To determine

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

Answer 13

4.

To determine

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

Answer 14

Expert Solution & Answer

Answer 15

Expert Solution & Answer

Answer 16

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Answer 17

Ch. 11 - (Learning Objective 1) Which of the following is...Ch. 11 - (Learning Objective 2) The direct material price...Ch. 11 - Prob. 3QC Ch. 11 - Prob. 4QC Ch. 11 - Prob. 5QC Ch. 11 - (Learning Objective 4) Which of the following is...Ch. 11 - Prob. 7QC Ch. 11 - (Learning Objective 6) Which of the following is...Ch. 11 - Prob. 9QC Ch. 11 - (Learning Objective 7Appendix) Which of the...

The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

Solution Summary: The author calculates the standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process.

Videos

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

Want to see the full answer?

Chapter 11 Solutions

The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

Solution Summary: The author calculates the standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process.

Videos

To calculate: The standard cost per batch of 10,000 bottles using the current data (before the company makes any changes) including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

To calculate: The standard cost per batch of 10,000 bottles if the company makes the changes to the bottle design and production process so that less plastic is used including direct materials, direct labor, and variable manufacturing overhead in the standard cost per unit.

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change). To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.

The benefits which might arise from making this change to using less plastic in the manufacture of the bottles.

Want to see the full answer?

Chapter 11 Solutions

To calculate: The cost savings per batch by comparing the standard cost per batch under each scenario (current versus proposed change).

To find: The number of batches of bottles which would need to be produced after the change to have the cost savings total equal the cost to make the changes.