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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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