A company has two alternatives for meeting a customer requirement for 830,000 units of a part used in office printers. done in-house, fixed cost would be $1,400,000 with variable cost at $2.40 per unit. Alternative two is tooutsource for a total cost of $3.20 per unit. Determine the break-even point. Round your answer to the nearest whole number.unitsDetermine if they should make the item in-house or outsource it. Round your answers to the nearest dollar.Total cost done in-house: $Total cost if outsourced: $So, the company should -Select-Selectdo the work in-houseoutsource the workand save $

The total cost of production is the sum total of all expenses that are faced by a company while…

Answered: A company has two alternatives for…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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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?
Gary’s Seasoning wants to increase its capacity by adding more blending and packagingmachines. Two vendors have presented proposals. Vendor A’s equipment costs $11,500 and the variable cost per unit is $2.00. Vendor B’s equipment costs $13,500 and the variable cost per unit is $1.75. Selling price for each seasoning packet for $4.00.a. What is the break-even point for each proposal?b. If the expected volume is 7,500 packages, which vendor should be chosen? (Show all calculations to earn full credit)
Write a recommendation about a company what measure to put in place to avoid out of stock of products.
Identify the concepts and their corresponding description, obtained from the survey of a construction company: In the context of a construction company, it is required to maintain the organization of different works that the company carries out. Our client is in the habit of organizing a set of tasks into what is called a batch. Items are used as units of work intermediate level, to which a limited amount of material can be assigned to fulfill the tasks that compose them. It is necessary to distinguish the suppliers and the prices of each material, even if there is only one supplier for each material. Although rare, tasks can have an associated machine; but generally, they have more than one. The machines are not related to the work other than by the tasks and the items; and only operators with category “A” can operate them. All workers are paid according to their category and the hours worked, regardless of the work. ➢ Carry out the definition of the types of objects found. ➢ Develop…
Explain the strategic advantages of creating a good Customer Requirement Document?
Par Inc., is a small manufacturer of golf equipment and supplies. Par's distributor believes a market exists for both a medium-priced golf bag, referred to as a standard model, and a high-priced golf bag, referred to as a deluxe model. The distributor is so confident of the market that, if Par can make the bags at a competitive price, the distributor will purchase all the bags that Par can manufacture over the next three months. A careful analysis of the manufacturing requirements resulted in the following table, which shows the production time requirements for the four required manufacturing operations and the accounting department's estimate of the profit contribution per bag: PRODUCTION TIME (HOURS) PRODUCT, CUT & DYE, SEWING, FINISHING, INSPECTION & PACKAGING, PROFIT/BAGSTANDARD 7/10, 1/2, 1, 1/10, DELUXE 1, 5/6, 2/3, ¼ The director of manufacturing estimates that 630 hours of cutting and dyeing time, 300 hours of sewing time, 708 hours of finishing time, and 270 hours of…
The total ingredient(food) cost in a recipe is $4.73 the manager desires a 37.5 percent food cost. What is the base selling price of the item using the ingredients mark up method? Should the manager price the item in the above example at the base selling price you calculated? Why or Why not?
Process costing is an effective method to identify resource and logistics costs. Please respond to the following: Discuss the specific steps you would take to design a process costing system that effectively identifies resource and logistics costs of a manufactured product.
What are the materials costs of making one handmade soap bar? Also, what is the total of its material cost?
Give an example of how obtaining business requirements aids BPM.
Assume a fixed cost of $900, a variable cost of $4.25, and a selling price of $6.00. a. What is the break-even point? (Roundup your answer to the next whole number.) Break-even point units
What does the concept of value engineering mean? How is it used in target costing?

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