Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Business Management Expert

Baxter Manufacturing has gathered data appearing below pertaining to 2 products. Past experience has illustrated that unavoidable fixed factory overhead included in cost per machine hour averages $10. Direct labor is paid $18 per hour. Baxter has policy of filling all sales orders, even if it means buying units from outside suppliers at same selling price per unit that Garrity currently charges.

Blender Electric Mixer
Direct Material $6 $11
Direct Labor $4 $9
Factory OH @ $16 per machine hr $16 $16
Selling price per unit $20 $38
Annual demand in units 20,000 28,000

Required:

1. Suppose Baxter Manufacturing has 50,000 machine hours available. Determine optimal production of each product to maximize Baxter's profits?

2. Refer to original information. With all other constant, if Baxter is able to decrease materials cost for electric mixer by $6 per unit, what strategy must Baxter pursue?

3. Refer to original information. Suppose that outbreak of swine flu has left Baxter shorthanded on direct labor personnel. Approximately one-half of workforce will be out of work for one month. In month, prepare strategy that must Baxter purse?

4. Company generally records 650 direct labor hours in June. Each job needs 1.45 hours of labor time. If management wishes to earn the profit equal to 40% of costs incurred, what must the charge be to the average lawn-care customer.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M930830

Have any Question? 


Related Questions in Business Management

This defines and addresses a new organizationwhat type of

This defines and addresses a new organization. What type of structure will be best suited to a multinational Internet retailer? Why? How would you recommend building a culture that was inclusive of diverse cultures and a ...

There are many ways of managing change few organizational

There are many ways of managing change. Few organizational changes are complete failures, and few are entirely successful. The management of change draws from psychological, behavioral, political, social and culture dime ...

Why is product design important and what are the different

Why is product design important, and what are the different approaches taken?

Thenbspeconomistnbspmagazine uses the price of a big mac to

The  Economist  magazine uses the price of a Big Mac to determine whether a currency is undervalued or overvalued. In January 2016, the price of a Big Mac was $4.93 in the U.S., ¥ 370.00 in Japan, and SKr 45.00 in Sweden ...

Suppose there are 200 identical firms in a perfect

Suppose there are 200 identical firms in a perfect competitive industry. Moreover, assume that each firm has the following short run cost function: C(q) = 0.5q 2  + 5q + 20. a) Compute the short-run supply curve for a si ...

Answer the questionboth viacom and paramount owned a

Answer the question: Both Viacom and Paramount owned a diverse group of entertainment businesses. QVC was a televised shopping channel. The Paramount board of directors accepted a merger offer from Viacom at a price of $ ...

This is a question in human resource managementwrite a

This is a question in human resource management: Write a brief paper on how you current or prior employer does job analysis and what forms of employee teams it uses.  Employer is:  Starbucks.   This only should be about ...

Share your thoughts on hipaa with the class do you feel

Share your thoughts on HIPAA with the class. Do you feel that HIPAA really protects the patient? How do you think patients feel about HIPAA? Do you think that they believe it is an inconvenience or a worthwhile law?

Written report on the company jc penneyapa style and at

Written Report on the company " J.C. Penney " APA style and at least Three (3) Citations for each question. Question one (1) : - Four pages Introduction and Integration of Bridges' and Kotter Models and how it applies to ...

Afirm faces the following average revenue demand curve p

A firm faces the following average revenue (demand) curve: P = 100 - 0.01Q where Q is weekly production and P is price, measured in cents per unit. The firm's cost function is given by C = 50Q + 30,000. Assuming the firm ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen