A wrapping paper company produced 2,000 rolls of paper one day. Standard price is Php35/roll. Labor cost was Php7,200, material cost was Php2,250, and overhead was Php14,400. Determine the multifactor productivity. How much is the cost per item?
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7. A wrapping paper company produced 2,000 rolls of paper one day. Standard price is Php35/roll.
Labor cost was Php7,200, material cost was Php2,250, and overhead was Php14,400. Determine
the multifactor productivity. How much is the cost per item?
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- 31) Maimouna Company is providing the following information to you in an intention to calculate the total cost of the company. The cost of the machinery is OMR 50,000 where estimated life is 5 years, Material Used OMR 40,000, Labour OMR 20,000 and Variable Overheads OMR 30,000. Determine the total cost. a. OMR 80,000 b. OMR 180,000 c. None of the options d. OMR 100,000Compute for the multifactor productivity measure for each of the weeks shown below. Assume 40 hours per week and an hourly wage of Php 12.00. The overhead cost is 1.5 times the weekly labor cost. Material cost is Php.6.00 per kg. Standard price is Php 140 per unit. Which is the most productive week? Week Output (units) Workers Material (kgs)1 300 6 452 338 7 463 322 7 464 354 8 46a) Wang Ceramics makes ceramic pots for a chain of stores. The output and cost figures over the past two weeks are shown in the table below. Labor costs is RM11/hour and materials costs are RM3.5/pound. Calculate multifactor productivity for each week. Week 1. 2 Units of output 4200 5000 No. of workers 4. Hours per wWeek per worker 52 54 Materials (Ibs) 570 720
- Last year, Dever Furniture Co. produced 200 maple dressers (pattern 427) that sold for Rs. 210 each. The company included labour costs of Rs. 42 per unit and material costs of Rs.18 per unit, and it allocated Rs. 80 per unit of overhead costs to each dresser. Cost records reveal that overhead costs are 60 per cent fixed and 40 per cent variable. What was the total annual contribution from pattern 427?WHAT IS SALES AND OPERATIONS PLANNING?3. Examine the linkages between the process of outsourcing and the "race to the bottom."
- 1. The Kintampo Tourist Resort (KTR) is one of Ghana’s best holiday centers and sells a special type of souvenir called Expensive. As you might expect, the demand for Expensive is highly seasonal as tourist centers exhibit a highly seasonal attraction pattern, with peaks during the summer months. The following forecasts are available for Expensive.Inventory carrying cost = GH¢3 per piece per quarter Production per employee = 1000 piece per quarter Regular workforce = 50 workersCost of regular production = GH¢50 per piece Hiring cost per employee = GH¢75Firing cost per employee = GH¢100 The management of KTR does not wish to use Level production nor Chase Demand but wants to adopt one of the following strategies:Strategy I: Produce 71,000 pieces in Quarter 1, Produce 151,000pieces in Quarter 2, Produce 200,000 pieces in Quarter 3,and Produce 30,000 pieces in Quarter 4.Strategy II: Produce 51,000 pieces in Quarter 1, Produce 161,000pieces in Quarter 2, Produce 210,000 pieces in Quarter…a) Wang Ceramics makes ceramic pots for a chain of stores. The output and cost figures over the past two weeks are shown in the table below. Labor costs is RM11/hour and materials costs are RM3.5/pound. Calculate multifactor productivity for each week. Week 1 2 Units of output 4200 5000 No. of workers 4 5 Hours per week per worker 52 54 Materials (lbs) 570 720Barry’s Tire Service completed 100 tire changes, six brake jobs, and 16 alignments in an eight-hour day with his standard crew of six mechanics. A brake specialist costs $16 per hour, a tire changer costs $8 per hour, an an alignment mechanic costs $14 per hour. The materials cost for days was $2,000, and overhead cost was $500. What is the shop’s labor productivity if the retail price for each respective service is $60, $150, and $40? What is the multifactor productivity, if the crew consisted of two of each type mechanic
- Plant Manager What training would benefit a person performing this job? If you had to design a training program for this job, what content areas would be needed?What training method would be best (on-the-job training, seminars, apprenticeships, vestibule, etc.)?Why?More Info Alpha $10/ Raw materials Bravo $10/ Step 1 Station 1 (10 min) Raw materials Charlie $8 Delta $5 Step 1 Station 1 (5 min) Raw materials Step 1 Station 11 (20 min) Raw materials Step 2 Station 2 (5 min) Step 1 Station 2 (20 min) Step 2 Station 2 (15 min) Step 2 Station 2 (5 min) Step 3 Station 3 (15 min) Step 2 Station 3 (10 min) Step 3 Station 3 (5 min) Step 3 Station 3 (10 min) Step 4 Station 4 (10 min) Step 4 Station 4 (20 min) Step 4 Station 4 (10 min) Q Q 5 Product Alpha Price: $85/unit Demand: 200 units/mo Product Bravo Price $90/unit Demand: 225 units/mo Product Charlie Price $75/unit Demand: 175 units/mo Product Delta Price: $70/unit Demand 275 units/moA firm makes a ceramic vases for a chain of department store. The output plus cost figures are below. Labor cost is 20 per hour and material cost is 8 per kilogram. WEEK 1 2 3 4 OUTPUT 2000 4000 5000 7000 # OF WORKERS 4 4 5 6 HOURS/WEEK 40 48 56 70 KG. OF MATERIALS 128 256 324 450 A. Calculate the labor productivity for each week. B. Calculate the multi factor productivity for each week C. What is the percentage change between week 1 and, and week 3and 4.