Solution-Find the optimum number of units to be produced in

Find the optimum number of units to be produced in one batch

Assignment Help Managerial Accounting

Reference no: EM13974115

1. A manufacturing company sells its products directly to customers and operates 5 days a week, 52 weeks a year. The production department of this company can produce at the rate of 60 units per day. The setup cost for a production run is $ 125.00. The cost of holding is $ 4.00 per unit per year. The demand for the item is continuous and constant and is 3,900 units per year. The demand occurs only when the company is operating, that is, 5 days a week for 52 weeks. Find the optimum number of units to be produced in one batch (economic production quantity). Round the number to nearest integer.

Reference no: EM13974115

Questions Cloud

Static budgets and flexible budgets : Actual activity for the period was higher than anticipated: 18,000 cakes and 15,200 hours. If each hour of process time actually cost Bunnie $12, what process-time variance would be disclosed on a performance report that incorporated static budget..

Discuss the state secrets privilege and how it is used : Discuss the "state secrets" privilege and how it is used. What is the "third party" doctrine and explain how it has been applied in the cases we have read this term.

What is the expected monetary value of producing : What is the expected monetary value of producing 6 cases of cheese at a cost of $45 and Jason gets $95 per case?

Advancement of mobile device technologies. : Identify the role you believe mobile devices have on email investigations. Provide an example of the added challenges that have been introduced based on the advancement of mobile device technologies.

Find the optimum number of units to be produced in one batch : A manufacturing company sells its products directly to customers and operates 5 days a week, 52 weeks a year. The production department of this company can produce at the rate of 60 units per day.

Identify a deployment strategy that will facilitate success : Given an organizational and industry context, identify and suggest a deployment strategy that will facilitate the success of a technologically driven organization.

Models of tasers : Cawley Company makes three models of tasers. Information on the three products is given below. Tingler Shocker Stunner Sales $296,940 $500,220 $204,650 Variable expenses 147,930 194,310 138,090 Contribution margin

Established state and federal laws and professional codes : Why is it important to follow established state and federal laws and professional codes of ethics when providing psychological tests and assessments

Find the total annual cost of holding inventory : The size of the first lot is 1600 units and the size of the second lot is 800 units. Find the total annual cost of holding inventory.

User Account

All Pages

Find the optimum number of units to be produced in one batch

Reference no: EM13974115

Reference no: EM13974115

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Compute the activity rates for each of the company

What is the market value of a bond

Use the following data to find the direct labor cost

Question 1 decision analysis show all calculations to

What measures will you use to determine

Calculate expected profit for each price

Question 1 bobsnbspcompany sells one product with a

Mikes movie magic mike has been operating a small sole

Determine if jane is exempt or non-exempt under the flsa

Prepare a scatter graph of customer service cost

The statement of cash flows using the direct method

Discuss and interpret the changes over the two-year period

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT