Reference no: EM131803733
Gower Ltd., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2014.
Account Classification Amount
Direct materials
|
All variable
|
350,000
|
Direct manufacturing labour
|
All variable
|
280,000
|
Power
|
All variable
|
70,000
|
Supervision labour
|
15% Variable
|
70,000
|
Materials-handling labour
|
60% variable
|
52,500
|
Maintenance labour
|
50% variable
|
70,000
|
Depreciation
|
0%
|
98,000
|
Rent, property taxes, and administration
|
0%
|
105,000
|
Gower Ltd, produced 70,000 units of product in 2014. Gower's management is estimating costs for 2015 on the basis of 2014 numbers. The following additional information is available for 2015:
a. Direct materials prices in 2015 are expected to increase by 4% compared with 2014.
b. Under the terms of the contract, direct manufacturing labour wage rates are expected to increase by 4% in 2015 compared with 2014.
c. Power rates and wage rates for supervision, materials handling, and maintenance are not expected to change from 2014 to 2015.
d. Depreciation costs are expected to increase by 8%, and rent, property taxes, and administration costs are expected to increase by 9%.
e. Gower, Inc., expects to manufacture and sell 80,000 units in 2015.
Required:
1. Prepare a schedule of variable, fixed, and total manufacturing costs for each account category in 2015. Estimate total manufacturing costs for 2015.
Which staffing strategy would you choosen
: Imagine a European MNC having to staff one of its subsidiaries that acts as a regional HQ for the Asian market.
|
Determining the linear search algorithm
: Linear Search algorithm. Your program will ask the user to input 10 letters (e.g., e, c, z, x, k, m, o, a, d, f).
|
What challenges are faced by corporations
: What challenges are faced by corporations in reducing the barriers to a healthy diet faced by those consumers of lower SES?
|
Prepare a review of the article and include the abstract
: prepare a review of the article, and include abstract from journal article. Your review should be succinctly written in a descriptive and informative manner.
|
Prepare a schedule of variable
: Prepare a schedule of variable, fixed, and total manufacturing costs for each account category
|
Who are the typical system stakeholders
: Who are the typical system stakeholders (the key players), and what are their unique roles?
|
List product attributes that might appeal to the subculture
: You are a new marketing manager for a firm that produces a line of athletic shoes to be targeted to the college student subculture.
|
Web search for relevant articles and information
: What is VBA? Why do we need VBA, in two lengthy paragraph describe the importance of VBA
|
Create a PPT that gives history of civil and economic rights
: Create a PowerPoint Presentation that gives the history of both civil and economic rights. Then as a conclusion, based on the research you have completed.
|