Calculate the total cost, Financial Accounting

Assignment Help:

1.  The average annual investment cost of a workstation in New Jersey has been calculated to be $100,000.  It has been calculated to be $150,000 in Kentucky.  The hourly cost at a workstation is $60 in New Jersey and $40 in Kentucky.  How do the two plants compare with respect to the cost of labor for making a car?  For each location, what is the breakeven volume and what is the total cost at breakeven?

2. An interesting comparison can be drawn between the Volvo method of building autos in Sweden and that of the U.S. auto companies.  Specifically, the Volvo Company has pioneered a team approach for assembling auto.  The Volvo team builds the car on a platform.  Event he engine is put together by the same team and mounted on the chassis.  This means that the workers come to the work instead of the work coming to the workers.

    1. If it takes Volvo workers 40 hours to assemble a car in this way, what is the cycle time?
    2. How many stations are there?
    3. Analyze the pros and cons of the Volvo assembly system.
    4. Does the Volvo system constitute a synthetic flow shop?
    5. Volvo does not use this team assembly method for its U.S. plant. Why is that so?

3. Define and compare the six basically different ways of doing work in terms of the seven factors listed here.  Each kind of process (i.e., one of the six types of work configurations) is best suited to a particular set of conditions.  These conditions arise from factors such as the following:

  1. How complex is the character of the product line
  2. Equipment associated with the process
  3. Nature of the market
  4. Financial situation of the firm
  5. How many units are to be made or serviced
  6. How profitable is the venture
  7. What is the competition like

Related Discussions:- Calculate the total cost

Dividends out of the capital profits , Dividends out of the capital profits...

Dividends out of the capital profits Dividends out of the capital profits are apportioned on the same basis as dividends out of income (Re. Doughty). (a) Variation of sec

Vegetable gowing, disscuss the applicability of a operating cycle in vegeta...

disscuss the applicability of a operating cycle in vegetable growing bussiness in uganda

Estimate the montly sales budget, Your friend Peter is planning to set up a...

Your friend Peter is planning to set up a new business which will manufacture and sell wooden tables. The parts that make up the table consist of a wooden table top measuring 1m by

Generally accepted accounting principles (gaap), Generally Accepted Account...

Generally Accepted Accounting Principles (GAAP) are guidelines for companies to follow as they prepare and issue financial statemnents. Let's start by getting an understanding of w

Comparative income satement in good form, Ask questihow to make comparative...

Ask questihow to make comparative income statement in good formon #Minimum 100 words accepted#

Qualitative characteristics , Since 1968, Dracula Limited has traded in Don...

Since 1968, Dracula Limited has traded in Doncaster, South Yorkshire as a manufacturer of fancy-dress and theatrical costumes. It produces a wide range of general theatrical costum

Stock rights, Stock Rights - Stock rights are rights issued to stockholders...

Stock Rights - Stock rights are rights issued to stockholders of a CORPORATION which entitle them to purchase new shares of stock in the corporation for a stated price that is freq

Payments needed?, Payments needed? Zach Taylor is settling a $27,000 loan d...

Payments needed? Zach Taylor is settling a $27,000 loan due today by making 6 equal annual payments of $6018.83. What payments must Zach Taylor make to settle the loan at the inter

Consignment, A of surat consigns goods to B of jaipur to be sold at or abov...

A of surat consigns goods to B of jaipur to be sold at or above price .Be is entitles to get a ommission of 8% on sales at invoice price plus 25% of any surplus price realized. B

Effect of receiving order, Effect of receiving order The consequences o...

Effect of receiving order The consequences of the making of the receiving order are: The debtor retains ownership, but loses possession and control of his property; Th

Write Your Message!

Captcha
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