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university of southern california Operations And Supply Chain Management Assignment Help - Lotus Fixtures, Inc. (LFI)


Question - Lotus Fixtures, Inc. (LFI), manufactures steel fittings. Each fitting requires both steel and an alloy that
allows the fitting to be used under extreme conditions. The following data apply to the production of
the fittings:
Direct materials per unit
2 pounds of steel at $0.40 per pound
0.5 pounds of alloy at $3.00 per pound
Direct labor per unit
0.01 hours at $30 per hour
Overhead per unit
Indirect materials . . . . . . . . . . . . . . . . . . . $0.50
Indirect labor . . . . . . . . . . . . . . . . . . . . . . . 0.80
Utilities . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.40
Plant and equipment depreciation . . . . . . 1.00
Miscellaneous . . . . . . . . . . . . . . . . . . . . . 0.70
Total overhead per unit . . . . . ...Read More

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