90 / $160 = 0.562556.25% $3,150,000 / 0.5625 = $5,600,000 is the break-even point in revenue per month. b. What is the break-even point in number of passenger train cars per month? The break-even point in number of passenger train cars per month is calculated below: 90 * 70% = 63 is the break-even average passenger per car. 35,000 / 63 = 555.55 556 is break-even point in number of passenger train cars per month.
The workstations would then be reduced from 8 down to 5. The production cycle from start to finish takes 46 minutes to complete all 8 tasks and produces 6 boots per hour. Assembly operates 40 hours per week. Information in Table 1 and Figure 1 provides time on task and what prerequisite, if any, is required to complete the task. Assembly Task | Completion Time in Minutes | Prerequisite | Assembly Task A | 10 Minutes | None | Assembly Task B | 6 Minutes | A | Assembly Task C | 3 Minutes | A | Assembly Task D | 8 Minutes | B, C | Assembly Task E | 3Minutes | D | Assembly Task F | 4 Minutes | D | Assembly Task G | 3 Minutes | E, F | Assembly Task H | 9 Minutes | G | Table 1.
True False The job cost sheet is used in both job-order and process costing. True False Byklea Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 200 units. The costs and percentage completion of these units in beginning inventory were: A total of 7,000 units were started and 6,700 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: The ending inventory was 90% complete with respect to materials and 45% complete with respect to conversion costs.
Case Study 2 Solution Number of seats per passenger train car 90 Average load factor(percentage of seats filled) 70% Average full passenger fare $160 Average variable cost per passenger $70 Fixed operating cost per month $3,150,000 a. What is the break even point in passengers and revenues per month Contribution margin per passanger = $90 Break even point per passanger = $35,000 35000 Contribution margin ratio= $2 Break even point in dollars = $5,600,000 5600000 b. What is the break even point of passenger train cars per month 63 Compute # of seats per train car(remember load factor?) 555.5555556 Number of train cars rounded 556 c. If Springfield Express raises its average passenger fare to $190, it is estimated that the average load factor will decrease to 60 percent. What will the monthly break even point in the number of passenger cars?
Data * Below is the table that you will complete for the virtual lab. Either type your results into this table or print the table from the virtual lab (it must be submitted to receive full credit for this assignment. Part I: Density of Unknown Liquid | | Trial 1 | Trial 2 | Trial 3 | Mass of Empty 10 mL graduated cylinder (grams) | 25.31g | 25.40g | 26.03g | Volume of liquid (milliliters) | 8.12mL | 8.26mL | 8.52mL | Mass of graduated cylinder and liquid (grams) | 35.46g | 36.01g | 36.41g | Part II: Density of Irregular-Shaped Solid | Mass of solid (grams) | 42.313g | 40.65g | 40.95g | Volume of water (milliliters) | 48.95mL | 50.03mL | 50.05mL | Volume of water and solid (milliliters) | 53.91mL | 55.04mL | 550.04mL | Part III: Density of Regular-Shaped Solid | Mass of solid (grams) | 25.95g | 27.62g | 25.67g | Length of solid (centimeters) | 5.250cm | 5.0cm | 4.50cm | Width of solid (centimeters) | 3.0cm | 4.0cm | 3.50cm | Height of solid (centimeters) | 2.50cm | 3.0cm | 2.0cm | Calculations Show all of your work for each of the following calculations and be careful to follow significant figure rules in each calculation. Part I: Density of Unknown Liquid 1. Calculate the mass of the liquid for each trial.
This process is limited by the capacity of the dryers which are capable of processing 600 barrels per hour and the second limiting factor is the milling process which is shared with the dry processing berries resulting in the capacity being approximately 800 bbls per hour. As the daily requirement during the high
ACCT 311 Homework Assignment 7 https://hwguiders.com/downloads/acct-311-homework-assignment-7/ ACCT 311 Homework Assignment 7 1. On December 31, Year One, Ace signs a lease to use a truck for four years. The truck has a current value of $58,600. Four annual payments of $10,000 are to be paid with the first made on December 31, Year One. After that time, the truck (with an expected life of eight years) will be returned to the lessor.
They find that the boots wear out in an average of 208 days, but the exact amount of time varies, following a normal distribution with a standard deviation of 14 days. For an upcoming ad campaign, you need to know the percent of the pairs that last longer than six months-that is, 180 days. Use the empirical rule to approximate this percent. • 97.5% • 95% • 2.5% • 5% 5. __________involves ensuring proper strategic controls and organizational designs.
Chapter 3, Exercise 1: The assumptions are based on the determinants of supply due to the demand of gasoline being indefinite until a substitute or another factor changes the product and/or market. While researching the metropolitan area of Houston, Texas and the fluctuations in gasoline prices; the findings were a surprisingly slow, steady, constant downward slope for the last month. The factors believed to contribute to the findings were: cost of resources, number of sellers and expectations. When thinking of the rising prices of gas, people simply associate it with the famous crude oil per barrel prices exposed in the media. The price for the barrels averaged at a high of $105 in the first week of May and the price of a gallon in Houston was at a decreasing $3.74 from $3.89 about three weeks ago.
Beginning inventory is 4,000 units of wood and 30 units of steel. The ending inventory of wood is planned to decrease 500 units in each of the next 2 months, and the steel inventory is expected to increase 5 units in each of the next 2 months. How many units of wood are expected to be used in production during the second month? (Points : 5) 12,500 units 10,000 units 15,000 units 12,000 units Question 12.12. (TCO 4) Which statement is true?