Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

o Suppose the cell phone manufacturer Wesley Electronics provides the following information for its costs last month (in millions (Click the icon to view the

image text in transcribed

image text in transcribed

o Suppose the cell phone manufacturer Wesley Electronics provides the following information for its costs last month (in millions (Click the icon to view the costs) Read the requirements Requirements 1, 2 and 3. Classify each of these costs according to its place in the value chain. Within the production category, break the costs down further into three subcategories: Direct Materials, Direct Labor, and Manufacturing Overhead. Then calculate the total cost for each value chain category. (Enter amounts in millions. If an input field is not used in the table, leave the input field empty, do not enter a zero.) Wesley Electronics Value Chain Cost Classification Production Direct Direct Manufacturing Customer Cast Rand D Design Materials Labor Overhead Marketing Distribution Service Delivery expense Salaries of salespeople Chipset Exterior case for phone Assembly-line workers' wages Technical support hotine Depreciation on plant and equipment Rearrange production process 1-800 (toll free) line for customer orders Scientists'salaries Marketing Distribution Customer Service Total costs Production Direct Direct Manufacturing Cost Rand D Design Materials Labor Overhead Requirement 4. How much are the total product costs? (Enter amounts in millions.) The total product costs are million Requirement 5. How much are the total prime costs? (Enter amounts in millions) The total prime costs are milion Requirement 6. How much are the total conversion costs? (Enter amounts in millions) The total conversion costs are million X A Data Table 1 $ Delivery expense to customers via UPS $ 6 Salaries of salespeople $ 3 Chipset (the set of chips used on a phone's motherboard) $ 57 Exterior case for phone 5 Assembly-line workers' wages $ 9 Technical customer support hotline $ 7 Depreciation on plant and equipment $ 65 Rearrangement of production process to accommodate new robot $ 1 1-800 (toll-free) line for customer orders $ 2 Salaries of scientists who developed new model $ 13 $ Print Done o Suppose the cell phone manufacturer Wesley Electronics provides the following information for its costs last month (in millions (Click the icon to view the costs) Read the requirements Requirements 1, 2 and 3. Classify each of these costs according to its place in the value chain. Within the production category, break the costs down further into three subcategories: Direct Materials, Direct Labor, and Manufacturing Overhead. Then calculate the total cost for each value chain category. (Enter amounts in millions. If an input field is not used in the table, leave the input field empty, do not enter a zero.) Wesley Electronics Value Chain Cost Classification Production Direct Direct Manufacturing Customer Cast Rand D Design Materials Labor Overhead Marketing Distribution Service Delivery expense Salaries of salespeople Chipset Exterior case for phone Assembly-line workers' wages Technical support hotine Depreciation on plant and equipment Rearrange production process 1-800 (toll free) line for customer orders Scientists'salaries Marketing Distribution Customer Service Total costs Production Direct Direct Manufacturing Cost Rand D Design Materials Labor Overhead Requirement 4. How much are the total product costs? (Enter amounts in millions.) The total product costs are million Requirement 5. How much are the total prime costs? (Enter amounts in millions) The total prime costs are milion Requirement 6. How much are the total conversion costs? (Enter amounts in millions) The total conversion costs are million X A Data Table 1 $ Delivery expense to customers via UPS $ 6 Salaries of salespeople $ 3 Chipset (the set of chips used on a phone's motherboard) $ 57 Exterior case for phone 5 Assembly-line workers' wages $ 9 Technical customer support hotline $ 7 Depreciation on plant and equipment $ 65 Rearrangement of production process to accommodate new robot $ 1 1-800 (toll-free) line for customer orders $ 2 Salaries of scientists who developed new model $ 13 $ Print Done

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

Shariah Audit Framework A Case Study Of UAE Noor Takaful Operations

Authors: Abdussalam Ismail Onagun

1st Edition

3659644064, 978-3659644061

More Books

Students also viewed these Accounting questions