Week |1 2 LC% 30% 60% 3 70% 4 80% 5 6 90% 100% A new equipment was installed, and we estimate this learning curve percentages. The cost of labor per unit is $1.09. The Weekly capacity is 6302 units. Determine the labor learning cost for this equipment.
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- Quan If an 80% learning curve is applicable, Grosse Point's total cost on this order would be estimated at P26,400. P32,000. c.. P38,000. a. d. P41,800. (CMA, Adapted) b. A particular manufacturing job is subject to an estimated 90% learning 59. curve. The first unit required 50 labor hours to complete. What is the cumulative average time per unit after four units are completed? 50.0 hours 45.0 hours 40.5 hours с. 40.0 hours d. a. b. 60. Grosse Point Manufacturing recently completed and sold an order of 50 units that had costs as follows: Direct materials Direct labor (1,000 hours x P8.50) Variable overhead (1,000 hours x P4.00)* Fixed overhead P 1,500 8,500 4,000 1,400 P15,400 Applied on the basis of direct labor hours Applied at the rate of 10% of variable cost If Grosse Point had experienced a 70% learning curve, the bid for the 150 units would show a 30% reduction in the total direct labor hours required with no learning curve. a. b. include increased fixed overhead costs. be 10%…6-XYZ Co has observed that 80% learning curve ratio applies to all labour related costs each time a new model enters production. It is anticipated that 640 units will be manufactured during 2020. Direct labour cost for the first lot of 10 units amounts to RO 14,000 at RO 14 per hour. Variable overhead cost is assigned to products at the rate of RO 3 per direct labour hour. You are required to determine average labour cost of first 80 units. a. OMR 918.54 b. OMR 1134 c. OMR 10200.6 d. None of the given optionsThe following information is provided to you: Time taken to produce first 8 shock pads 640 hours Time taken to produce first 16 shock pads 1200 hours Calculate the learning curve The following information is provided to you: Direct labour needed to make first machine. 1000 hoursLearning curve. 80%Direct labour cost. R300 per hourDirect materials cost. R180000 per machine Fixed cost for machines at each cumulative production R800000 Calculate the total direct hours required to manufacture four (4) machines. ( Indicate both average time per unit as well as cumulative time per unit for all theunits) Calculate the total costs to manufacture 4 machines
- TASK B. Read the problem and provide what is being required. 1. Golf Corporation estimates that its production for the coming year will be 25,000 units, which is 90% of normal capacity, with the following units costs: Materials P50 Direct labor 90 Direct labor is paid at the rate of P25 per hour. The machine should be run 20 minutes to produce one unit. Total estimated overhead is expected to consist of P900,000 for variable overhead and P900,000 for fixed overhead. a. What is the predetermined overhead rate base on units of production using the expected actual capacity activity level? b. What is the predetermined overhead rate base on material cost? C. What is the predetermined overhead rate base on direct labor cost? d. What is the predetermined overhead rate base on direct labor hours? e. What is the predetermined overhead rate based on machine hours? What is the predetermined overhead rate base on units of production using the normal capacity level? g. What is the predetermined…A manual assembly line is being designed for a product with annual demand = 100,000 units. The line will operate 50 wks/year, 5 shifts/wk, and 7.5 hr/shift. Work units will be attached to a continuously moving conveyor. Work content time = 42.0 min. Assume line efficiency E = 0.97, balancing efficiency Eb = 0.92, and repositioning time Tr = 6 sec. Determine: (a) hourly production rate to meet demand, (b) number of workers required.Average labor cost for the first 700 units of a product is RO 50 and the average labor cost of first 1400 units is RO 45. Average time per unit is 100 minutes. The learning ratio and the average labour cost for first 2800 units will be: a. 80% and RO 36.000 b. 90% and RO 40.500 c. 85% and RO 38.250 d. 95% and RO 42.750
- Trucks have the following predicted costs for the next year Rent $120,000 Insurance $5,000 Power $12,000 Direct Labor $80,000 Maintenance $15,000 Direct Materials $75,000 Labour hours for the year 10,000 Units of materials 50,000 What is the overhead recovery rate per labor hour? Cost up the full cost of the following job including overheads Labor 20 hours Materials 35 units Please show all your calculationsr Pto complete the first setup on a new machine took an employee 250 minutes. using 72% cumulative average - time learning curve indicated that the second setup on the new machine is expected to take. answer choices: a.) 110 minutes b.) 90 minutes c.) 180 minutes d.) 215 minutesTask 6. The following are consumed for the production of one unit: ➤ 18 kg of material A (price 1 € / kg and 3 m²) material B (price 2 € / m²) Direct labour per unit of product Estimated (planned) variable overheads per year Responsibility centre 14,000, € 1: Direct labour 70,000 h ===== ===== Responsibility centre 21 000, € Responsibility centre 1: 20 hours; rate 0,30€/h Responsibility centre 2: 30 hours; rate 0,50€/h Calculates: 1. variable production costs per unit 2. unit cost of production 3. full cost of one unit 2: Direct labour 180 000 h Estimated (planned)fixed overheads and general operating expenses per year Production costs - 100,000 € Selling expenses -30 000 € Administration expenses -15 000 €
- Your company has received an order for 20 units of aproduct. Th e labor cost to produce the item is $9.50 per hour. Th esetup cost for the item is $60 and material costs are $25 per unit. Th e item is sold for $92. Th e learning rate is 80 percent. Overheadis assessed at a rate of 55 percent of unit labor cost.(a) Determine the average unit cost for the 20 units if the fi rstunit takes four hours.(b) Determine the minimum number of units that need to bemade before the selling price meets or exceeds the averageunit cost.For February, the cost components of a picture frame include $0.40 for the glass, $0.67 for the wooden frame, and $0.83 for assembly. The assembly desk and tools cost $570. Two hundred fifty frames are expected to be produced in the coming year. What cost function best represents these costs? a. y = 570 + 1.07X b. y = 570 + 1.90X c. y = 1.90 + 570X d. y = 1.07 + 570XRequirement 1. Calculate the total variable costs of producing 2, 3, and 4 units assuming that Northern Defense uses an 85% incremental unit-time learning model as a basis for predicting manufacturing labor-hours. Begin by calculating the cumulative total time in labor-hours using the incremental unit-time learning model. (Round the individual unit time for Xth unit to the nearest whole number) Individual unit time for Cumulative total time: Cumulative number of units 1 2 Xth unit: Labor-hours Labor-hours 3 Data table Direct materials cost Direct manufacturing labor time for first unit Learning curve for manufacturing labor time per radar system Variable manufacturing overhead costs $ 83,000 per unit of RS-32 Direct manufacturing labor costs "Using the formula for an 85% learning curve, b= In 0.85 In 2 -0.162519 0.693147 3,900 direct manufacturing labor-hours 85% incremental unit-time" 20 per direct manufacturing labor-hour 12 per direct manufacturing labor-hour =-0.234465