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!
Spitfire Ltd uses a special machine to make a water-blasting unit used in household cleaning called a ZeroDirt. Spitfire estimates that it will receive 60 orders for the ZeroDirt during the coming year. Each order of ZeroDirt will take 140 hours of machine time. The annual machine capacity is 9,800 hours.
Required:
Problem 1. Calculate the average amount of time that an order for ZeroDirt will wait in line before it is processed (i.e., waiting time). Show your calculations.
Problem 2. Calculate the average manufacturing cycle time per order for ZeroDirt. Show your calculations.
Problem 3. Spitfire Ltd. is considering introducing a new product, RapidWash. The company expects it will receive 40 orders of RapidWash in the coming year. Each order of RapidWash will take 60 hours of machine time. Assuming the demand for ZeroDirt will not be affected by the introduction of RapidWash, calculate (show your calculations):
(a) the average waiting time for an order received and (b) the average manufacturing cycle time per order for each product, if Spitfire Ltd. introduces RapidWash
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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