Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Company X plans to manufacture a Product A that requires substantial amount of direct labor on each unit. Based on the company's experience with other products that requires similar amounts of direct labor, management believes that a learning factor exists in the production process used to manufacture a Product A.
Each unit of A requires 50 square feet of direct material at a cost of $30 per square foot, for a total material cost of $1,500. The standard direct-labor rate is $25 per direct-labor hour. Variable manufacturing overhead is assigned to products at a rate of $40 per direct-labor hour. In determining an initial bid price for all products, the company marks up variable manufacturing costs (=direct materials + direct labor + variable overhead) 30 percent. (That is, the bid = 130 percent of variable manufacturing costs.)Data on the production of the first two lots (16 units) of product A follow:1. The first lot of eight units required a total of $3,200 direct labor hours.2. The second lot of eight units required a total of $2,240 direct-labor hours.Based on prior production experience, Company X estimates that production time will show no significant improvement after first 32 units. Therefore, a standard (for planning purposes) for direct-labor hours will be established based on the average number of hours per units 16 through 32.
What is the basic learning curve?
What learning rate appears to be applicable to the direct labor required to produce product A?
Determine the total actual overhead cost and actual variable overhead cost
components of the compensation packagethis is a qualitative question therfore try to be specific and to the point as
labor relations new york transit strike analysis factors driving public opinionsetting contract periods and expiration
Describes the nature of the organization (provide industry, product/service, a brief history, and position in relation to competition) and Identifies significant management personnel
human resources preparing for interviews techniquesyou need to select an interviewing technique which will give you
Analyse striking features of New Public Management
What aspects must be considered before making the business decision to expand and What capabilities do transnational organizations need to develop to function effectively in multiple environments?
hr managements role in strategic planningin approx 400 words how would you solve this problemyou currently are the hr
multinational managerinterview a multinational manager. prepare a 800 word paper in response to the questions belowwhat
Why is the nature of training delivery important to the overall success of employees and Provide examples of different delivery methods and their impact and what is the training method in your workplace
this post addresses hr strategic leadership amp hr issues.take on the role of an hr practitioner and make the case
develop a more cost effective way of producing specialty the hot rod motorcycleassume you are a manufacturing manager
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd