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!
Relevant Cost Analysis-Conversion to JIT As part of its commitment to quality, the J. J. Borden manufacturing company is proposing to introduce just-in-time (JIT) production methods. Managers of the company have an intuitive feel regarding the financial benefits associated with a change to JIT, but they would like to have some data to inform their decision making in this regard. You are provided with the following data:
Existing Situation
After Adopting JIT
Manufacturing Costs as Percentage of Sales:
Product-level support costs
12%
5%
Variable manufacturing overhead
28%
10%
Direct materials
30%
20%
Direct manufacturing labor
22%
15% (Continued)
Other Financial Data:
Sales revenue
$1,350,000
$1,650,000
Inventory of WIP
$180,000
$30,000
Other Data:
Manufacturing cycle time
60 days
30 days
Inventory financing cost (perannum)
Required: You have been asked, in conjunction with your position as the management accountant for the company, to construct an Excel spreadsheet that can be used to estimate the financial benefits associated with the adoption of JIT.
On July 1, 2014, Wheeler Company purchased $3,830,000 of Duggen Company’s 8% bonds, due on July 1, 2021. The bonds, which pay interest semi annually on January 1 and July 1, were purchased for $3,290,000 to yield 10%. Determine the amount of interest..
effect of new year stock dividend on prior year epsfactsfor the year ended 31st december x1 target inc. had net income
The need for adjusting entries is based on:
How much interest expense would be reported on the income statement for the year ending December 31, 2014? How would the balance of $375,201.09 at December 31, 2014 be reported on a balance sheet as of that date?
problemwhile reviewing the march 31 2012 balance sheet of business solutions santana rey notes that the business has
Compute the equivalent units of production for direct materials and conversion costs for September using the FIFO costing method and Determine the ending balances.
December 31, 2014, Trapp, Inc. has a machine with a book value of $940,000. The original cost and related accumulated depreciation at this date are as follows. Make sure that depreciation entries are made to update the book value of the machine prior..
calculation of current assets quick assets current ratio quick ratio and working capital.the kroger company is one of
Prepare a cash budget for December, January and February. When will Jodie products be able to repay the loan?
Assume Holmes pays interest semiannually and the July 1 entry was done correctly. The journal entry at December 31, 2012 would include a credit to what?
You expect equity market would provide a return of 12% and will have a standard deviation of 18%. The risk free rate is 4%. What would be the expected market risk premium based on your risk aversion score?
Regina receives a dividend of $150 from a corporation in Country Y that has only done business in Country Y in the past. Country Y imposed a $45 (30%) tax on the $150 dividend. How is the $150 dividend taxed (generally, no computations required) in e..
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