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1 (22 points). Jango Fett Inc., produces wiring harness assemblies used in the production human robotics. The wiring harness assemblies are sold to various robotic
1 (22 points). Jango Fett Inc., produces wiring harness assemblies used in the production human robotics. The wiring harness assemblies are sold to various robotic manufacturers around the world Projected sales in units for the coming five months are given below January 10,000 February 10,500 March 13,000 Apri 16,000 May 18,500 The following data pertain to production policies and manufacturing specifications used by Jango Fett 1. Finished goods inventory on January 1 is 900 units. The desired ending inventory for each month is 20 percent of the next month's sales. 2. The data on materials used are as follows: Direct Material Part #R2-D2 Part #C-3P0 Inventory policy dictates that sufficient materials be on hand at the beginning of the month to satisfy 30 percent of the next month's production needs. This is exactly the amount of material on hand on January 1. 3. The direct labor used per unit of output is one and one-half hours. The average direct labor cost per hour is $20 4. Overhead each month is estimated using a flexible budget formula. (Activity is measured in direct labor hours Per-Unit Usage Unit Cost $4 7 Fixed Cost Component Variable Cost Component $1.00 0.20 1.10 Supplies Power Maintenance Supervision Depreciation Taxes Other 12,500 14,000 45,000 4,300 86,000 1.60
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