CERVEZA Economics assingment Help With Solution

Posted on April 11, 2017

CERVEZA Economics assingment Help With Solution

 
The Cerveza company produces beer crates.
The raw materials needed for this (raw material A and raw material B) are mixed in certain ratios. The paste created by this process is shaped into crates in an injection-moulding machine and then hardened.
 
The company uses the integral cost price calculation (Absorption Costing).

The normal capacity of the injection-moulding machine is 2,000 hours per year.
The machine’s fixed costs budgeted for 2012 are €708,000.
The machine’s capacity forecasted for 2012 is 1,500 hours.
 
The normal sales quantity is 600,000 beer crates per year.
The sales quantity forecasted for 2012 is 500,000 beer crates.
The budgeted sales price is €210 per item.
The fixed sales costs forecasted for 2012 are €240,000.
The forecasted variable sales costs are €0.30 per item.
 
The norms for producing a crate are:
• Raw material A 500 grams @ €3.60 per kg (budget for 2012)
• Raw material B 100 grams @ €3 per kg (budget for 2012)
• Proportional variable labour costs 1/30 hour @ €35.10 per hour (budget for 2012)
• Proportional variable energy costs 0.5 kWh @ €0.30 per kWh.
• Processing time of the injection-moulding machine: 1/300 machine hours
 
There are no other costs besides the ones mentioned above.

The actual data over 2012 are:
• The actual production was 605,000 beer crates.
• The injection-moulding machine ran 1,900 hours.
• The actual fixed costs of this machine were €725,000.
• Raw material A: 290,000 kg used, costs were €1,073,000.
• Raw material B: 62,000 kg used, costs were €182,900.
• Proportional variable labour costs: 19,400 hours, costs were €694,520.
• Proportional variable energy costs: 320,000 kWh, costs were €99,200.
• The actual sales quantity was 590,000 items.
• The turnover was €3,481,000.
• The actual fixed sales costs were €253,000.
• The actual variable sales costs were €170,000.
 

How it Works

How It works ?

Step 1:- Click on Submit your Assignment here or shown in left side corner of every page and fill the quotation form with all the details. In the comment section, please mention product code mentioned in end of every Q&A Page. You can also send us your details through our email id support@assignmentconsultancy.com with product code in the email body. Product code is essential to locate your questions so please mentioned that in your email or submit your quotes form comment section.

Step 2:- While filling submit your quotes form please fill all details like deadline date, expected budget, topic , your comments in addition to product code . The date is asked to provide deadline.

Step 3:- Once we received your assignments through submit your quotes form or email, we will review the Questions and notify our price through our email id. Kindly ensure that our email id assignmentconsultancy.help@gmail.com and support@assignmentconcultancy.com must not go into your spam folders. We request you to provide your expected budget as it will help us in negotiating with our experts.

Step 4:- Once you agreed with our price, kindly pay by clicking on Pay Now and please ensure that while entering your credit card details for making payment, it must be done correctly and address should be your credit card billing address. You can also request for invoice to our live chat representatives.

Step 5:- Once we received the payment we will notify through our email and will deliver the Q&A solution through mail as per agreed upon deadline.

Step 6:-You can also call us in our phone no. as given in the top of the home page or chat with our customer service representatives by clicking on chat now given in the bottom right corner.

Features

Features for Assignment Help

Zero Plagiarism
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.

 

Relevancy
We believe in providing perfect, relevant and 100% accurate solutions to the student as per questions asked. All our experts are perfect in providing that so as to give unique experience to the students.

 

Three Stage Quality Check
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.

 

 

100% Confidential
All our works are kept as confidential as we respect the integrity and privacy of our clients.

Related Services


 
ASSIGNMENT: CERVEZA

Assignment 1
a) Calculate the budgeted production and the normal production in items produced.
b) Calculate the manufacturing cost price per item and the commercial cost price per item according to the integral method (AC).

Assignment 2
a) Compile the budgeted profit & loss account according to the integral method in case of direct calculation of the result.
b) Provide an analysis as detailed as possible of the result using the analytical method.

Assignment 3
a) Compile the actual profit & loss account according to the integral method in case of direct calculation of the result.
b) Provide an analysis as detailed as possible of the result using the analytical method.
 

Product Code :Eco23

To get answer for this question, kindly click here (Note: Don’t forget to write the product code in comment section)

You can also email us at assignmentconsultancy.help@gmail.com but please mentioned product code in the mail body while sending emails.You can browse more questions to get answer in our Q&A sections here.

Summary
User Rating
5 based on 1 votes
URL