Purchase Solution

Cost of production

Not what you're looking for?

Ask Custom Question

I am totally lost with this problem. I have tried time and time again to solve it, only to find out its not right. If any one could help show me how to solve I would appreciate it. This is a practice problem. The necessary information is attached below.

Attachments
Purchase this Solution
Solution Summary

Excel file contains calculations of cost of production of different department and allocation this cost to different products.

Purchase this Solution
Free BrainMass Quizzes
Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Lean your Process

This quiz will help you understand the basic concepts of Lean.

View More Free Quizzes
Related BrainMass Solutions

  • Quantitative analysis of inventory: Optimal production lot size

    The cost to set up the production line is $2345 and the annual holding cost is $20/unit. Current practice calls for production runs of 5,000 wPhones each month.

  • Cost of Capital

    production level of 10 million pounds $5 per pound at a production level of 16 million pounds From the information we can infer that the cost of the each pound of steel is varying as per production levels.

  • Optimal Production Levels, Length of Production and Costs

    Demand rate, D 10000 units Setup cost, Cs $1,000.00 Carrying cost, Ch $0.50 Daily production rate, p 80 units/day Daily demand rate, d 60 units/day No of days/year=D/d 167 Days a.

  • An accounting magazine sells 50,000 copies a month

    This is based upon a production run of (a) 52,000 units and (b) 57,000 units: Total variable costs Variable cost per unit Total fixed cost Fixed cost per unit Budget Forecast A Forecast B Production 50,000 52,000 57,000 Total variable costs

  • Production Cost Report Including Necessary Calculations

    486858 Completing the four steps necessary to prepare a production cost report. Calculate equivalent units of production using the weighted-average method.

  • EGAD Bottling company: Choose plan with lowest cost

    Cost of regular production $60,000 $60,000 $60,000 $60,000 $60,000 $60,000 $360,000 Cost of overtime production $0 $0 $0 $24,000 $24,000 $16,000 $64,000 Cost of subcontracting $0 $0 $0 $27,000 $9,000 $0 $36,000 Stock-out

  • Direct and Indirect Costs for Famous Furniture

    Indirect cost account consists of: Quality control salary Production supervisor salary General and adminstration cost Properly taxes on factory Insurance on factory building Track and glue Direct cost account consists of: Material used

  • Demand Function, Cost Function

    or x= 30 Therefore production level of x for minimum AC= 30 AC= Average cost = C(x)/ x = 1/9x - 2 + 100/x= $4.67 Cost of production C(x)=1/9x^2 - 2x + 100= $140 Answers questions on Demand Function, Cost Function.

  • Economies of scale-low input cost

    cost of the project and finally lower average cost of production.

  • Analyzing learning curves, cost and production function

    Estimate total cost and average total cost for the coming year at a projected volume of 4,000 cases. Please find my response in the attached file. 8.1 Cost and Production Functions.

View More Related Solutions