Sourabh Gupta can purchase copper bottles for $ 34 per piece and can manufacture it in house where the fixed and variable cost are $ 51,000 and $ 19 respectively. If the market demand for the bottles is 4500 units for a month, ascertain that whether it would be economical to make the product in house rather than sourcing it .
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Sourabh Gupta can purchase copper bottles for $ 34 per piece and can manufacture it in house where the fixed and variable cost are $ 51,000 and $ 19 respectively. If the market demand for the bottles is 4500 units for a month, ascertain that whether it would be economical to make the product in house rather than sourcing it .
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- Suman can purchase brass cups for Rs 32 per unit pr produce it in house where the associated fixed and variable costs are Rs 62000 and Rs 22 respectively and if the demand for this component is 600 units per annum, ascerta Whether it is economical to make the product in house rather than sourcing it ?Following are some of the information on demand and costs of a mobile phone manufacturer: Monthly Sales for previous year were 10,000 Mobile Phones. Overall Market has grown at 15% from the previous year. The company uses a third-party storage solution for keeping its inventory. The charges are Rs. 100/unit. For procuring the raw material company relies on a contractor which provides them a one stop solution and charges Rs. 3000 per order. The actual cost of the raw material is approximately 7000/unit. Using the above given information answer the following questions? What is the Economic Order Quantity for the company? If a working year is 300 days find out how many orders the company will place for the current year and what would the gap between two orders? What will be the total cost of inventory policy for the company? If the delivery lead time for receiving the order is 20 days what should be the reorder point for the company?Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods Inventory,June1 $61,600 $46,200 (e) Cost of goods manufactured 329,000 (c ) 484,800 Cost of finished goods available for sales (a) $260,400 $540,000 Finished goods Inventory ,June30 72,800 61,600 (f) Cost of goods sold (b) (d) $513,600
- Adidas is an athletic company designs and manufacturesseveral athletic things. Football is one of the company'sproducts that sells for $40 per unit. Total fixed costs relatedto the manufacturing of the football are $150,000 per monthand variables costs involved in manufacturing are $ 15 perunit. 1- Compute the break- even point of the football in unitsand dollars?E3 You have been retained as a freight forwarder to export 20 Containers (apples) of TEU’s to Mumbai, India, from Canada OCEAN SHIPMENT The dimensions of each box of apples is: 18v12x18 inchesActual weight of each box is: 5 KgHow many boxes will fit one TEU?What is the CWT?Do you need specialized services, as this can be perishable?What are the documents you need to clear Canadian Customs and Indian Customs?Which type of bill of lading will be used in this scenario, especially if the payment of goods to the exporter has not been made?Which routing will be the most efficient and why?Please discuss the Ocean Conventions currently in placePlease list and discuss five risks involved in the transportation of cargo.As an ocean freight forwarder, please recommend five ways to improve the economic-efficiency of this cargo for future transportation.Break-even analysis is an important tool for managing any business, including colleges and universities. Identify 3 areas where break-even analysis might be used at a university. For each area, identify the revenues, fixed costs, and variable costs.
- North Pole Toys needs to decide on their newest product line for Christmas. They narrowed their options to two possibilities: Product A would incur a fixed cost of $3,000 and a variable cost of $6 per unit and sells for $7.50; Product B would incur a fixed cost of $1,200 and a variable cost of $9 per unit and sells for $10. __________4a. What is the breakeven point for each of the two products? __________4b. What is the point of indifference between the two products?what characteristic of the hospitality and tourism product is described in the following scenario: if an airline sells 150 of 200 seats on an airplane, the airline cannot inventory the seats until the next flight and sell 250 seats a. perishability b. seasonality c. standardization d. inseparabilityTHSHT Pritchett's Precious Time Pieces PATOG Bill's company, Pritchett's Precious Time Pieces, buys, sells, and repairs old clocks and clock parts. Bill sells rebuilt springs for a price per unit of $10. The fixed cost of the equipment to build the springs is $1,000. The variable cost per unit is $5 for spring material. Required: Create a quantitative analysis model to determine the company's profit, and answer the following: 1. How much would the company's profit/(loss) be if they were unable to sell anything? 2. How much would the company's profit/(loss) be if they sold 400 units? 3. How many units do the company need to sell to break-even?
- Explain how products of production can be produced from commercial production? Drawing and explanation on the drawing is required in this question.Determine which factor of production is needed in the following problem. 1.The ABM manufacturing Co.hired a gardener.He uses a lawn mower for landscaping.Which factor of production would you consider this machine? 2.The owner of the company withdrew cash for the salaries of thw employees.which factor of production would you consider cash on hand? 3.The top manager of the firm said "the great ideas,consepts and emotional determination of a person to produce something that consumers want to buy" is very important for the company.What factor of production describes the ability to create great ideas? 4.The farmers planted pineapple cutting in the vacant area located in their locality.Which factor of production would you consider a pineapple plantation?In a product mix decision, which is the most important factor to consider to maximize profit?