Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

mework Sarici C. Purms: Dark The the Nappy boss part of propcaps they of that 10% of They w ning or 15204 The 1

image text in transcribedimage text in transcribedimage text in transcribed

mework Sarici C. Purms: Dark The the Nappy boss part of propcaps they of that 10% of They w ning or 15204 The 1 Caps of the yea Data table Piet 1 NEW 244 000 Done Requirements t C Post Dorie Many Clear all Check answe The SVP Boat Company, which is under contract to the U.S. Navy, assembles troop deployment boats. As part of its research program, it completes the assembly of the first of a new model (PT109) of deployment boats. The Navy is impressed with the PT109. It requests that SVP Boat submit a proposal on the cost of producing another six PT109s. SVP Boat reports the following cost information for the first PT109 assembled and uses a 90% cumulative average-time learning model as a basis for forecasting direct manufacturing labor-hours for the next six PT109s. (A 90% learning curve means b= -0.152004.) (Click the icon to view the cost information.) Read the requirements. Requirement 1. Calculate predicted total costs of producing the six PT109s for the Navy. (SVP Boat will keep the first deployment boat assembled, costed at $1,477,100, as a demonstration model for potential customers.) Begin by determining the hours used to produce the six PT109s for the Navy. (Round intermediary and final answers to the nearest whole number.) The total cumulative time in labor-hours for seven PT109s is PT109s is hours hours; therefore, the total time to produce six H Requirements 1. Calculate predicted total costs of producing the six PT10% for the Navy (SVP Boat will keep the first deployment boat assembled, costed at $1.477.100, as a demonstration model for potential customers) 2. What is the dollar amount of the difference between (a) the predicted total casts for producing the six PT109s in requirement 1, and (b) the predicted total costs for producing the six PT 109s assuming that there is no leaming curve for direct manufacturing labor? That is, for b) assume a linear function for units produced and direct manufacturing labor hours Print Done bosts As part of its research program, & completes the assembly of the first of a new model (PT109) of deployment bas f producing another six PT109s SVP Beat reports the following cost information for the first PT109 assembled and uses hours for the next six PT10% (A 50% leaming curve means B-0152004) Boat will keep the first deployment boat assembled, costed at $1.477,100 as a demonstration model for Data table PT10 hours 3204,000 per PT109 Direct manufacturing labor time for first 15.700 rectang Learning curve for manufacturing labor time per bost Direct manufacturing labor costs $ 36 par direct manufacturing Variable manufacturing overhead costs . 27 p dret manufacturing Other manufacturing overhead Tooling costs $204.000 In 090-105361 Using the formula for a 50% leaming curve, b 2 0693147-152004 2 Tooling can be reused at no extra cost because all of Rs cost has been assigned to the first deployment beat wer

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting Foundations and Evolutions

Authors: Michael R. Kinney, Cecily A. Raiborn

8th Edition

9781439044612, 1439044619, 978-1111626822

More Books

Students also viewed these Accounting questions

Question

Salary (if known)

Answered: 1 week ago

Question

Derive the truth table from the following diagram:

Answered: 1 week ago