Home / Questions / James Inc manufactures only two products Medium 42- inch and Large 63- inchm TVs To genera...
James, Inc., manufactures only two products, Medium (42- inch) and Large (63- inch) TVs. To generate adequate profit and cover its expenses throughout the value chain, James prices its TVs at 300% of manufacturing cost. The company is concerned because the Large model is facing severe pricing competition, whereas the Medium model is the low-price leader in the market. The CEO questions whether the cost numbers generated by the accounting system are correct. The CEO just learned about ABC and wants to reanalyze this past year’s product costs using an ABC system. Information about the company’s products this past year is as follows: Medium (42- inch) TVs: Total direct material cost: $ 663,000 Total direct labor cost: $ 221,000 Production volume: 3,020 units Large (63- inch) TVs: Total direct material cost: $ 1,320,000 Total direct labor cost: $ 390,000 Production volume: 4,180 units Currently, thecompany applies manufacturing overhead on the basis of direct labor hours. The company incurred $ 838,000 of manufacturing overhead this year, and 25,500 direct labor hours (9,500 direct labor hours making Medium TVs and 16,000 making Large TVs). The ABC team identified three primary production activities that generate manufacturing overhead costs: Materials Handling($ 168,000); driven by number of material orders handled Machine Processing ($ 576,000); driven by machine hours Packaging ($ 94,000); driven by packaging hours The company’sonly two product
Apr 05 2020 View more View Less
Your last submission is used for your score. 24. DETAILS SULLIVANCALC2 2.R.061. Find the first derivative and the second derivative of the function. f(x) = (8x 9) + f'(x)...
Jun 06 2021Which of the following types of interview focuses on how the applicant handled previous situations?A. StressB. DirectiveC. StructuredD. Behavioral
May 29 2020. How is strategic management illustrated by this case story? There is a lot at stake when a label decides to invest in a new star. In today’s highly competitive music in...
May 21 2020A large stationary diesel engine produces 15MW with a thermal efficiency of .4. The exhaust gas which we assume is are, flows out at 800K, and the intake is 290K. Howlarg...
Jul 03 2020Contrast main features of different approaches to organisation and management;
May 25 2020Question #6 Evaluate the integral defined by S x*Inx dx.
May 17 2021The atoms in the oxygen molecules released during photosynthesis come from ________.a. sugarsb. waterc. O2d. CO
Jun 03 2021Suppose the demand and supply curves RD 10 2P for a product are given by A. Find the equilibrium price and quantity B. If the current price of the product is $4, what is ...
Jun 01 2020Using the BCG matrix requires considering which of the following factors?[A]Types of risk associated with product development [B]Threats that economic conditions can cre...
Dec 13 2017Question Not yet answered Marked out of 2.00 P Flag question Strategic issues in SCOM include such decisions as production or transportation planning as well as inventory...
Apr 17 2021