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4 questions attatched MaxiDrive manufactures a wide variety of parts for recreational boating, including a gear and driveshaft part for high-powered outboard boat engines. Original

4 questions attatched

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MaxiDrive manufactures a wide variety of parts for recreational boating, including a gear and driveshaft part for high-powered outboard boat engines. Original equipment manufacturers such as Mercury and Honda purchase the components for use in large, powerful outboards. The part sells for $660, and sales volume averages 28,500 units per year. Recently, MaxiDrive's major competitor reduced the price of its equivalent unit to $585. The market is very competitive, and MaxiDrive realizes it must meet the new price or lose significant market share. Management has begun paying closer attention to costs and has reconfirmed the current existing standard costs. The controller then assembled the following cost and usage data for the most recent year for MaxiDrive's production of 28,500 units: Budgeted Budgeted Actual Actual Quantity Cost Quantity Cost Direct materials $ 6,856,666 $ 7,356,666 Direct labor' 2,645,666 2,866,666 Indirect labor 2,646,666 2,575,666 Inspection (hours and cost) 1,666 376,666 1,356 385,666 Materials handling (number of purchases and cost) 4,556 675,666 3,866 666,666 Machine setups (number and cost) 1,756 925,666 1,856 966,666 Returns and rework (number of times and cost) 376 115,666 576 165,666 $14,226,666 $14,835,666 Required: 1. Calculate the target cost for maintaining current market share and profitability. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Johnson Electronics manufactures a power supply used in a variety of electronics products, including printers, modems, and routers. The demand for the part is 7,500 units per week. The production of the power supply requires six different manufacturing operations, each in sequence and each having the following processing times. The net available time to work is 52 hours per week, using two shifts. Processing Time Operation. (seconds) Operation 1 23 Operation 2 28 Operation 3 25 Operation 4 22 Operation 5 39 Operation 6 25 l Required: 1. What is the Takt time, in seconds, for this product? (Round your final answer to the nearest whole number.) 2. Is the processing line properly balanced for this product? 0 Yes 0 No 4 Required information [The following information applies to the questions displayed below] UR Safe Systems installs home security systems. Two of its systems, the ICU 100 and the ICU 900, have these characteristics: Design Specifications .ICU 196 ICU 990 Cost Data Video cameras 4 2 $ lei/ea Video monitors 4 4 $ 26/ea Motion detectors 2 5 $ 11/ea Floodlights 2 4 $ Slea Alarms 4 3 $ 16/ ea wiring 679 ft. 1,879 ft . $ 6.1/f't. Installation 13 hr' 23 hr $ 123th The ICU 100 sells for $840 installed, and the ICU 900 sells for $1,550 installed. Required: 1. What are the current prot margin percentages on both systems? 2. UR Safe's management believes that it must drop the price on the ICU 100 to $780 and on the ICU 900 to $1,420 to remain competitive in the market. Recalculate profit margin percentages for both products at these price levels and then compute the target cost needed for each product to maintain the current profit margin percentages. (For all requirements, round your percentage answers to 2 decimal places and other answers to the nearest whole dollar amount.) Current prot margin % % 2. Prot margin % "/0 Target cost 5 Caldwell 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 yearjust completed: Quantity of Cost Cost per Unit of Cost Activity Cost Driver Driver Driver Purchasing Number o-F purchase orders 1,966 $ 156 per order Warehousing Number of moves 8,696 36 per move Distributing Number of shipments 566 86 per shipment Caldwell buys 100,600 units at an average unit cost of $16 and sells them at an average unit price of $26. The firm also has fixed operating costs of $250,600 for the year. Caldwell's customers are demanding a 16% discount for the coming year. The company expects to sell the same amount if the demand for price reduction can be met. Caldwell's suppliers, however, are willing to give only a 10% discount. Required: Caldwell has estimated that it can reduce the number of purchase orders to 740 and can decrease the cost of each shipment by $9 with minor changes in its operations. Any further cost savings must come from reengineering the warehousing processes. What is the maximum cost He, target cost) for warehousing if the firm desires to earn the same amount of profit next year

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