Ace Plastics Produces Different Kinds of Products, All in One

question 52

Essay

Ace Plastics produces different kinds of products, all in one manufacturing facility. They have identified four activities for their costing system:
Materials management-allocated by number of purchase orders
Chemical processing-allocated on metric tons
Molding-allocated on direct labor hours
Packaging-allocated by number of units produced
The activity rates are as follows:
$$\begin{array} { | l | r | l | } \hline \text { Materials management } & \$ 12.00 & \text { Per purchase order } \\\hline \text { Chemical processing } & \$ 7.50 & \text { Per metric ton } \\\hline \text { Molding } & \$ 24.00 & \text { Per direct labor hour } \\\hline \text { Packaging } & \$ 0.10 & \text { Per unit } \\\hline\end{array}$$ Engineering design shows that the order will require direct material worth $540, direct labor cost being $90, require 4 purchase orders to be placed, use 2 metric tons of chemical base, need 8 direct labor hours. The size of the order is to produce 3,000 units of product. Calculate total cost of production of the order.

Comprehend the methodological requirements for making credible generalizations.

Recognize the diversity of inductive reasoning in practical examples.

Understand the definitions and differences between necessary and sufficient conditions.

Apply reasoning to identify necessary and sufficient conditions in various scenarios.

---

Definitions:

Budding

A form of asexual reproduction in which a new organism develops from an outgrowth of a parent, common among yeast and some invertebrates.

Proteinaceous Infectious Particles

Also known as prions, these are misfolded proteins that can cause rare but fatal neurodegenerative diseases.

Degenerative Diseases

Conditions that involve the progressive loss of structure or function of neurons, including disorders like Alzheimer's disease, Parkinson's disease, and multiple sclerosis.

Nervous System

The complex network of nerve cells and fibers responsible for transmitting signals between different parts of the body.