Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question: Nanting Ltd is a company that manufactures printed circuit boards.
Two major components of printed circuit board are aluminum and copper foils. These materials were purchased from two main suppliers, Network Ltd and Datwork Ltd. The directors of Nanting Ltd are considering implementing a JIT production system. To implement JIT production, Nanting Ltd needs to invest $100,000 in annual tooling costs to reduce set-up times. The directors expect that JIT production will reduce its average inventory by $500,000 and that the relevant costs for materials in storage, handling and inspection will reduce by $30,000 per year. The company's cost of capital for investment in inventory is estimated to be 10% per year. The JIT production will help to improve efficiency and quality of its products, where workers are trained and to be able to handle all the production processes. This will result in a reduction of 800 units from rework. The cost of rework per unit is expected to be $20. Due to its expected improvement in quality and faster delivery, Nanting Ltd is expected to increase its selling price by $1 per unit based on the current sales of 30,000 units.
Required: (A) Calculate whether the proposal for JIT production is financially feasible;
(B) Discuss three benefits of JIT production to Nanting Ltd; and
(C) Discuss three factors that can influence the success (or otherwise) of JIT production implementation in any company.
In recent years, Farr Company has purchased three machines. Compute the amount of accumulated depreciation on each machine at December 31, 2015.
Comparative financial statements for Weller Corporation, a merchandising company, for the fiscal year ending December 31 appear below.
averly Ltd produces commercial grade washing machines. The Karewasher is currently selling for $2000 per unit. Compute the economic value of a Supawasher
Provide answers to the following questions second attachment is a table that need to be filled up
computer boutique sells computer equipment and home office furniture. currently the furniture product line takes up
The Bear Company collected the following monthly information on units produced and electricity costs
Calculate the 2013 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and total assets turnover.
Prepare the company's trial balance as of June 30, 2012, listing accounts in proper sequence, as illustrated in the chapter
Calculate the depreciation charges that would appear on the 1986 and 1987 Income Statements, using straight-line. Show the journal entry for 1986 depreciation
Leo does not claim any available additional first-year depreciation. Compute Leo's cost recovery deductions for 2018 and 2019
On December 31, bond interest was paid; and dividends were declared and paid. What is the Bond Interest Expense on the Income Statement
Lebert, Inc., is considering the purchase of a machine that would cost $380,000, The net present value of the proposed project is closest to
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd