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!
Target Cost; Warehousing McFee Supply, a wholesaler, has determined that its operations have three primary activities: purchasing, warehousing, and distributing. The firm reports the following operating data for the year just completed:
Activity
Cost Driver
Quantity of Cost Driver
Cost per Unit of Cost Driver
Purchasing
Number of purchasing orders
1,000
$150 per order
Warehousing
Number of moves
8,000
30 per move
Distributing
Number of shipments
500
80 per shipment
McFee buys 100,000 units at an average unit cost of $10 and sells them at an average unit price of $20. The firm also has a fixed operating cost of $250,000 for the year.
McFee's customers are demanding a 10 percent discount for the coming year. The company expects to sell the same amount if the demand for price reduction can be met. McFee's suppliers, however, are willing to give only a 2 percent discount.
Required: McFee has estimated that it can reduce the number of purchasing orders to 700 and can decrease the cost of each shipment $5 with minor changes in its operations. Any further cost saving must come from reengineering the warehousing processes. What is the maximum cost (i.e., target cost) for warehousing if the firm desires to earn the same amount of profit next year?
part 1 george ltd manufactures two types of coils used in electric motors. the two types are nbspc20 and d40. they both
Each shareholder owns some other depreciated business properties that they could give to the corporation as a contribution to capital approximately 20 months before they formally develop their plan of liquidation and liquidate the corporation.
What property interest did Dollars & Sense register under the Torrens system and how didit acquire that interest? How did that interest relate to Mrs Nathan? Why do you thinkDollars & Sense registered its interest?
Critically evaluate the risk-based approach to external audit with particular reference to the audit of Home Retail Group plc.
Describe and advise on the possible features of bonus schemes which are designed to motivate non-executive directors who are part-time, remunerated by fees under contracts for a fixed number of years and required by corporate governance codes to m..
Prepare a post-reorganization balance sheet January and prepare journal entries to accrue interest on December 31, 2009
On March 1, 2008, Matt purchased $60,000 of Lawson Co.'s 8%, 17-year bonds at face value. Lawson Co. has paid the annual interest due on the bonds regularly. On March 1, 2013, market interest rates had risen to 12%, and Matt is considering selling..
The net present value and the internal rate of return are similar metrics to present the return of a project. What are the differences? What is an advantage of each metric compared to the other?
The material is expected to cost $5 per unit. Namath anticipates it will cost $50 to place each order. The annual carrying cost is $0.10 per unit.
Instructions Journalize the April transactions - Evergreen Campground was started on June 1 by Jolene and David Collier
What is the recognized profit or loss on the sale of the building and the character of the gain?
Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $42,000 of materials in inventory. During the month of June, the company purchased $180,000 of materials. On June 30, materials inventory equaled $51,000.
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