Detailed work in managerial economics subject

Assignment Help Other Subject
Reference no: EM131845982

ABC Company has been producing its own widgets that are used in manufacturing its final product. The cost of manufacturing 10,000 widgets is summarized below.

Direct materials

$20,000

Direct labor

16,000

Variable factory overhead

9,000

Fixed factory overhead

15,000

Total manufacturing costs

$60,000

A supplier offers to produce the widgets that ABC needs for $5.30 plus freight costs of $0.50 per widget. If the company decides to buy from the supplier, 60% of the fixed factory overhead which represents depreciation and insurance costs will still continue. 40% will be avoided.

a.) Should the company continue to make the widget or purchase it from the outside supplier? 

How can we slove as detailed work in managerial economics subject chapter 4 and 5

Reference no: EM131845982

Questions Cloud

Can any of the projects that you selected be described : How much did IBM spend on research, development, and engineering in the most recent year? How did this compare with the previous year?
Modify infix-to-postfix algorithm that it can handle errors : Modify the infix-to-postfix algorithm so that it can handle errors. Modify the postfix evaluation algorithm so that it can handle errors.
Calculate marginal revenue and advertising elasticity : How do you calculate marginal revenue and advertising elasticity given these values. Q = 500 - 1,100P + 1.2A + 60Pop + 75Pc. P= $1.50, A=$1,200, Pop=50 and, Pc
What would the bid be : Labor is $30 per hour. Lambda was asked to present a bid for an additional 10 units as soon as the first contract was completed.
Detailed work in managerial economics subject : a.) Should the company continue to make the widget or purchase it from the outside supplier? How can we slove as detailed work in managerial economics subject
How often does it produce desserts under its current policy : How much does the hotel central kitchen to produce each time that would minimize the total inventory cost? What is an average inventory?
What types of problems may result : What is the result of carrying out both steps of the linked list add method in reverse order? What kind of reference results? What types of problems may result?
Compute the mean of the distribution of sample : Compute the mean of the distribution of sample means and the population mean. Compare the two values.
How might culture can affect strategy selection style : How can these affect global business success? Are there cultures that have an inherent advantage in global business success?

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd