Applying the theory of constraints

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Applying the Theory of Constraints... "Explain why your organization does not have unlimited resources (space, inventory, product line, etc). Explain why there are always limits to what your organization can do.

Reference no: EM131261549

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Makes product with the standard costs : Gentile Corporation makes a product with the following standard costs: The company produced 6,000 units in May using 36,970 kilos of direct material and 4,340 direct labor-hours. During the month, the company purchased 40,400 kilos of the direct mate..

Direct labor standards-the labor rate variance : Pikus Corporation makes a product that has the following direct labor standards: In January the company's budgeted production was 3,400 units, but the actual production was 3,500 units. The company used 640 direct labor-hours to produce this output. ..

What was the variable overhead rate variance for the month : Millonzi Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs). The company has provided the following data for the most recent month: What was the variable overhead..

Makes product with the standard costs : Hurren Corporation makes a product with the following standard costs: The company reported the following results concerning this product in June. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases..

Applying the theory of constraints : Applying the Theory of Constraints... "Explain why your organization does not have unlimited resources (space, inventory, product line, etc). Explain why there are always limits to what your organization can do.

Recently began production of new product flat panel displays : Display Labs Inc recently began production of a new product, flat panel displays, which required the investment of $1,800,000 in assets. The costs of producing and selling 9000 units of flat panel displays are as follows: Variable cost per unit, dire..

The labor rate variance for february : Fabiano Corporation makes a product whose direct labor standards are 0.5 hours per unit and $23.00 per hour. In February the company produced 3,300 units using 1,640 direct labor-hours. The actual direct labor cost was $38,540. The labor rate varianc..

Contract to build network for customer for total sales : Asahi Technology has a contract to build a network for a customer for a total sales price of euro 10 million. The network will take an estimated three years to build, and total building costs are estimate to be euro 6 million. At the end of Year 3, t..

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