Kristen’s Cookies Kristen’s Cookies A1) We have analysed the case from two perspectives a) The total time in the first scenario is 26 mins (6 mins for washing‚ 2 mins for spooning‚ 10 mins for baking‚ 8 mins for cooling‚ packing and selling) if the order is placed when there is a pending order/order under process. b) In case‚ the order comes in at or after the wash‚ mix and spoon stage‚ it would take 26 + 10 mins (baking time). Hence‚ it would take 36 mins to fill in a rush order
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1 Kristen’s Cookie Case (Due at the beginning of 2nd session) Read the case and answer the questions below. Each group should turn in a precise write-up answering the following questions. For each of these questions below (except question 5)‚ provide a detailed analysis that considers different possible order sizes of 1 doz‚ 2 doz and 3 doz. 1. How long will it take you to fill a rush order? a. 1doz- 6+2+1+9+5+2+1= (16+10x) x=1 or 26 minutes b. 2doz- … = (16+10x) x=2 or 36
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1 Dozen Order 2 Dozen order 3 Dozen order Q 1 Washing and Mixing 6 6 6 Spooning 2 2 2 Baking Prepration 1 2 3 Baking 9 18 27 Cooling 5 5 5 Packing 2 2 2 Accepting Payment 1 1 1 Total time 26 36 46 Q 2 Assumtion: Process is NOT in the steady state. =INT((240-D16-D17)/(D18+D19)) =INT((240-E16-E17)/(E18+E19)) =INT((240-F16-F17)/(F18+F19)) Number of Orders 23 11 7 Assumtion: Process is in the steady state. =240/(D15+D16) =240/(E15+E16)
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Midterm2Practice Key 1. The following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D
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Question 1: How long will it take you to fill a rush order? As depicted in the Process Flow Diagram below the total time to fill a rush order is 26 minutes. Question 2: How many orders can you fill in a night‚ assuming you are open four hours each night? In this process the Step 3 & 4 have the longest processing time of 10 minutes which means this is the bottleneck in the process. We know that the bottleneck determines the maximum output of the process. The bottleneck time is also referred
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Page 1. Page 1 1. Indirect labor is a part of: B. Conversion cost. Labor that cannot be physically traced to particular product is treated as indirect labor and as manufacturing overhead. Conversion cost is the sum of direct labor and manufacturing overhead. These costs are incurred to convert materials into the finished product. Indirect labor is treated as part of manufacturing overhead. 2. Prime cost and conversion cost share what common element of total cost? B. Direct labor. Prime
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1. What is the competitive environment of ETO? ETO‚ Electronic Testing Operations‚ provides centralized testing for electronic components such as integrated circuits. Because low-technology outside laboratories were often cheaper‚ expecially on larger lots‚ due to no engineering part‚ ETO has to shift from simple inspection services to more technically sophisticated services. 2. Describe the existing cost system and calculate the cost of the 5 components in the case. What is wrong with the
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2‚400 1‚440 720 320 4880 Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability
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Kristen’s Cookies Case What are the order winners and Qualifiers for Kristen’s Cookies? Kristen’s Cookies is conveniently located on campus and will cater to hungry students late at night. The company will not only let the students customize their cookies‚ but also bake them fresh. Students will have a wide variety of ingredients to choose from and this bake to order concept will ensure that cookies are to consumer’s liking. Based on this model‚ order qualifiers are the physical location
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accommodate many makes and models of automobiles and trucks. The company’s two main products are MaxiFlow and Alaska. MaxiFlow uses a few complex fabricated parts‚ but these have been found easy to assemble and test. On the other hand‚ Alaska uses many standard parts but has a complex assembly and testing process. MaxiFlow requires direct materials costs which total $135 per unit‚ while Alaska’s direct materials requirements total $110 per unit. Direct labor costs per unit are $75 for MaxiFlow
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