Question 1 3 marka Anna Maria Fashions (AMF) is a dating manufacturer specializing in the production of school uniforms mainly blazer jackets and skite Recently, AMF set up a specialitat manufactures only while school socks. These white socks are the common odia that matched with the girls norms of many schools in Namibia. A will make of combination of fabrics that is durable and easy whewhich has been developed before by AMF or any other manufacturer in the product has been produced Singapore, which is a market with a different pricing The first batch of should be ready at the beginning of 2021. The company has already sent high costs of machinery purchase of materials and training of stuff members to be able to produce the soces Since this is the first time AMF will be producing the news for special AMF is not sure of which price to charge. The match conducted has shows that for every decline in price of No 20 the demand is expected to increase by 1 000. The maximum demand for the socks in expected to be one on The production of socks to expected to recure the following 1. Direct materials One pair of socis requires the following material Requirement Price NS Spandes 20 per Nylon Tom 2. Direct labour The production of the socha will require a now that has never been employed AM The sal will cont AMF NST per hour. Since it is the first time to produce ost AMF and the war completely now, AMF anticipate that it will take the employees to produce the first parandalarning ourve role of 85% is expected to that 000 pair has been produced 3. Fixed manufacturing overheads For the year 2021,250 000 pairs are budged. The totalementing ads will be absorbed at a rate of N$0.50 per pair 4. Variable manufacturing overheads The variabile manutduring overheads constitute the machine ung time needed to produce one pair of the socks. One par will require minute of machine and each machine hour costs No. The management of AMF have agreed that determination of the price for a part of a should be entered on the time it takes to manufacture the cop. The leaming of 85% associated with a co-stilentb-0.234465 16 The demand function is represented by: P = X The profit maison formula is represented by: MR-2X Requirement Applying the demand cure quanton, dolermine the prominguling price 25 1.1 that should be charged for a pior of socia 12 Calculate the total peale the AME from the white soos n 2020 Diregarding your awer bow, dacustre pricing strategy would recommend AMFI followin pricing the socks and ty? N.B. Where relevant show all the necessary workings Total 1.3 Question 1 30 mars Anna Maria Fashion (AF) a clothing manurering in the production of school uniforms, mainly blazers Jackets and skirt Roy. As up a special unit that manufactures only white school socks. These white socks the common socks that are matched with the girls uniforms of many schools in NAME w make use of a new combination of fabrics that is durable and washable which has never been developed before by AMF or any other mandecturer in the product has been produced in Singapore, which is a market with a pricing. The first batch of socks should be ready at the beginning of 2021. The company has spent high costs in the up of new machinery purchase of materials and training of sombers to be able to produce the new SOCKS Since this is the faste AMF be producing the one for this special AMF not sure of which price to charge. The match conducted has shown that for every decline in price of $ 20 the comandi che torby 1 000. The mamum demand for the in Namibia in pected to be one million par The production of elexpected to require the following resource 1. Direct materials One pair of sods requires the following Requirement Price Sondes Nylon Tom NSS perler 2 Direct labour The production of the scale who never been employed at AMF The swicos AMF N$10 per hour. Since it is the first time to produce socks at AMF and the staff are completely new, Anoastratite the employees 5 minutes to produce the first parandaling curve of 85% peded to last until the 1 000 par has been produced 3. Fixed manufacturing overheads For the year 2021 250 000 pars are budgeted. The lood manufacturing overheads will be absorbed at tale of N50.50 per per 4. Variable manufacturing overheads The variable mandaduring overheads construe the machine running time needed to produce one pair of the socks. On par will run 1 min of machine time and each machine hour NS 20 The management of AMF have wreed that iton of the price for a pair of socks should de confered on the time takes to manufacture the 1000 par. The learning rate of 856 associated with a co-ent-234065 The demand function is represented by: Pea-X The promisation formula is represented by MR3 -20% 1.1 Requirement Mark Applying the demande Domine the promising sing prod 25 that should be charged for a pur of socia 12 Calculate the box pro ale rom the white soos in 2020 4 1.3 Disregarding your wo (11abortuss the priong strange) you 10 would recommend AME 20 fokou pecing the car and why? N.B. Where relevant, show all the scary working Total 33 Question 1 3 marka Anna Maria Fashions (AMF) is a dating manufacturer specializing in the production of school uniforms mainly blazer jackets and skite Recently, AMF set up a specialitat manufactures only while school socks. These white socks are the common odia that matched with the girls norms of many schools in Namibia. A will make of combination of fabrics that is durable and easy whewhich has been developed before by AMF or any other manufacturer in the product has been produced Singapore, which is a market with a different pricing The first batch of should be ready at the beginning of 2021. The company has already sent high costs of machinery purchase of materials and training of stuff members to be able to produce the soces Since this is the first time AMF will be producing the news for special AMF is not sure of which price to charge. The match conducted has shows that for every decline in price of No 20 the demand is expected to increase by 1 000. The maximum demand for the socks in expected to be one on The production of socks to expected to recure the following 1. Direct materials One pair of socis requires the following material Requirement Price NS Spandes 20 per Nylon Tom 2. Direct labour The production of the socha will require a now that has never been employed AM The sal will cont AMF NST per hour. Since it is the first time to produce ost AMF and the war completely now, AMF anticipate that it will take the employees to produce the first parandalarning ourve role of 85% is expected to that 000 pair has been produced 3. Fixed manufacturing overheads For the year 2021,250 000 pairs are budged. The totalementing ads will be absorbed at a rate of N$0.50 per pair 4. Variable manufacturing overheads The variabile manutduring overheads constitute the machine ung time needed to produce one pair of the socks. One par will require minute of machine and each machine hour costs No. The management of AMF have agreed that determination of the price for a part of a should be entered on the time it takes to manufacture the cop. The leaming of 85% associated with a co-stilentb-0.234465 16 The demand function is represented by: P = X The profit maison formula is represented by: MR-2X Requirement Applying the demand cure quanton, dolermine the prominguling price 25 1.1 that should be charged for a pior of socia 12 Calculate the total peale the AME from the white soos n 2020 Diregarding your awer bow, dacustre pricing strategy would recommend AMFI followin pricing the socks and ty? N.B. Where relevant show all the necessary workings Total 1.3 Question 1 30 mars Anna Maria Fashion (AF) a clothing manurering in the production of school uniforms, mainly blazers Jackets and skirt Roy. As up a special unit that manufactures only white school socks. These white socks the common socks that are matched with the girls uniforms of many schools in NAME w make use of a new combination of fabrics that is durable and washable which has never been developed before by AMF or any other mandecturer in the product has been produced in Singapore, which is a market with a pricing. The first batch of socks should be ready at the beginning of 2021. The company has spent high costs in the up of new machinery purchase of materials and training of sombers to be able to produce the new SOCKS Since this is the faste AMF be producing the one for this special AMF not sure of which price to charge. The match conducted has shown that for every decline in price of $ 20 the comandi che torby 1 000. The mamum demand for the in Namibia in pected to be one million par The production of elexpected to require the following resource 1. Direct materials One pair of sods requires the following Requirement Price Sondes Nylon Tom NSS perler 2 Direct labour The production of the scale who never been employed at AMF The swicos AMF N$10 per hour. Since it is the first time to produce socks at AMF and the staff are completely new, Anoastratite the employees 5 minutes to produce the first parandaling curve of 85% peded to last until the 1 000 par has been produced 3. Fixed manufacturing overheads For the year 2021 250 000 pars are budgeted. The lood manufacturing overheads will be absorbed at tale of N50.50 per per 4. Variable manufacturing overheads The variable mandaduring overheads construe the machine running time needed to produce one pair of the socks. On par will run 1 min of machine time and each machine hour NS 20 The management of AMF have wreed that iton of the price for a pair of socks should de confered on the time takes to manufacture the 1000 par. The learning rate of 856 associated with a co-ent-234065 The demand function is represented by: Pea-X The promisation formula is represented by MR3 -20% 1.1 Requirement Mark Applying the demande Domine the promising sing prod 25 that should be charged for a pur of socia 12 Calculate the box pro ale rom the white soos in 2020 4 1.3 Disregarding your wo (11abortuss the priong strange) you 10 would recommend AME 20 fokou pecing the car and why? N.B. Where relevant, show all the scary working Total 33