Moss Manufacturing Inc. is a job shop. The management of Moss Manufacturing uses the cost information from
Question:
Moss Manufacturing Inc. is a job shop. The management of Moss Manufacturing uses the cost information from the job sheets to assess their cost performance. Information on the total cost, product type, and quantity of items produced is as follows:
a. Develop a graph for each product (three graphs), with Job Number (in data order) on the horizontal axis and Unit Cost on the vertical axis. Use this information to determine Moss Manufacturing's cost performance over time for the three products.b. What additional information would you require to investigate Moss Manufacturing's cost performance moreprecisely?
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Job No. Product Quantity Date Amount $ 6,600 Jan. 2 XKRI 300 Jan. 15 26 M-Z4 1,300 11,700 Feb. 3 34 M-24 1,100 14,300 Mar. 7 44 XKR1 7,360 460 Mar. 24 51 SL500 1,850 12,950 May 19 SLS00 2,200 19,800 62 June 12 76 XKR1 400 4,800 SLS00 80 2,750 30,250 Aug. 18 88 M-24 9,000 Sept. 2 006 540 Nov. 14 96 XKR1 4,320 Dec. 12 102 SLS00 7,350 32,900
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a Unit Date Job No Quantity Product Amount Cost Jan 2 1 300 XKR1 6600 22 Jan 15 26 1300 MZ4 11700 9 ...View the full answer
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