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Recently, Mewah Designs expanded its market by becoming an original equipment supplier to
Jee Wrangler. Mewah Designs produces factory upgraded speakers specifically for Jee
Wrangler. The Kicker components and speaker cabinets are outsourced with assembly
remaining in-house. Mewah Designs assemble the product by placing the speakers and other
components in cabinets that define an audio package upgrade and that can be placed into the
Jee Wrangler, producing the desired factory-installed appearance. Speaker cabinets and
associated Kicker components are added at the beginning of the assembly process.
Assume that Mewah Designs uses the weighted-average method to cost out the audio package.
The following are cost and production data for the assembly process for April:
Production:
Units in process, April 1, 60% complete 60,000
Units completed and transferred out 150,000
Units in process, April 30, 20% complete 30,000
Costs:
WIP, April 1:
Cabinets RM 1,200,000
Kicker components RM 12,600,000
Conversion costs RM 5,400,000
Costs added during April:
Cabinets RM 2,400,000
Kicker components RM 25,200,000
Conversion costs RM 8,640,000
a) Develop a physical flow analysis for the assembly department for the month of April.
b) Calculate equivalent units of production for the assembly department for the month of
April.
c) Calculate the unit cost for the assembly department for the month of April.
d) Calculate the cost of units transferred out and the cost of EWIP inventory.
e) Develop a cost reconciliation for the assembly department for the month of April.
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- Steps in Preparing a Production Report Recently, Stillwater Designs expanded its market by becoming an original equipment supplier to Jeep Wrangler. Stillwater Designs produces factory upgraded speakers specifically for Jeep Wrangler. The Kicker components and speaker cabinets are outsourced with assembly remaining in house. Stillwater Designs assembles the product by placing the speakers and other components in cabinets that define an audio package upgrade and that can be placed into the Jeep Wrangler, producing the desired factory-installed appearance. Speaker cabinets and associated Kicker components are added at the beginning of the assembly process. Assume that Stillwater Designs uses the weighted average method to cost out the audio package. The following are cost and production data for the assembly process for April: Production: Units in process, April 1, 60% complete 60,000 Units completed and transferred out 150,000 Units in process, April 30, 20%…At Jeekes PolyChem Products LLC, customers needs are translated into product specifications by the design or engineering department. Which of the following objectives of production management is addressed by Jeekes Polychem Products LLC? a. Right time b. Right quality c. Right quantity d. Right cost Mr. Saud bought a new mobile phone for himself. He explained to his friend that the mobile phone has a camera, Facebook facility, and music facility in addition to the basic functions like phone calls and messaging. Which dimension of "product quality" is Mr. Saud referring to? a. Features b. Aesthetics c. Reputation d. ConformanceHales Company produces a product that requires two processes. In the first process, a subassembly is produced (subassembly A). In the second process, this subassembly and a subassembly purchased from outside the company (subassembly B) are assembled to produce the final product. For simplicity, assume that the assembly of one final unit takes the same time as the production of subassembly A. Subassembly A is placed in a container and sent to an area called the subassembly stores (SB stores) area. A production Kanban is attached to this container. A second container, also with one subassembly, is located near the assembly line (called the withdrawal store). This container has attached to it a withdrawal Kanban. Required: 1. Explain how withdrawal and production Kanban cards are used to control the work flow between the two processes. How does this approach minimize inventories? 2. Explain how vendor Kanban cards can be used to control the flow of the purchased subassembly. What implications does this have for supplier relationships? What role, if any, do continuous replenishment and EDI play in this process?
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