how much material was used in production course hero

Which is the most used raw material in construction?

Concrete is the most used material but it is not a raw material. Sand and aggregate two of constituents of concrete are though raw materials and are about 60 to 70% part of concrete. Ph.D. in Engineering Author has 4.9K answers and 7.8M answer views 3 y How do you calculate raw material consumption?

What are the raw materials used in paper production?

Today, the production of cellulose raw material used in paper production is not only obtained from trees. Paper, of which hundreds of kilos are used every day, especially in the fields of business and education, is a material that can be produced from many different raw materials. So what are the raw materials used in paper production?

How do you find out how many raw materials make up units?

2 find out how much raw material or materials make up each unit 3 multiply the number of units by the amount of raw material in each unit and that is your answer. Of course you take into account different raw materials into their own totals but the number of units remains the same.

What is the raw material of iron?

What is the yield of steel if it is made with liquid iron?

How much raw material is lost when you peel potatoes?

What is direct material?

Is waste included in unit ratio?

Is raw material lost in packaging?

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How to calculate raw material consumption - Quora

Answer (1 of 2): In the most general terms, “raw material consumption” is calculated as: (raw material in)/(finished product out) For example, in ironmaking, raw material is iron ore pellets, 62% Fe. In the blast furnace, we recover about 60% Fe as molten iron. So we say that the raw material ...

Calculate the consumption of raw materials from the following ...

3 681 Tangible fixed assets depreciation expense 200,000 281 Tangible fixed assets accumulated depreciation 200,000 - For the transfer of the grant to income for the year (the grant is only financing 80% of the

Explanation of Direct Materials

Direct material costs are reflected in the inventory management system, costing system, and general ledger.

Finished Goods Journal Entry

It is important to record the flow of direct materials in order to keep the financial information in the general ledger and the costing information correct.

Absorption Costing

Absorption costing combines variable and fixed costs into one cost unit.

What is the raw material of iron?

For example, in ironmaking, raw material is iron ore pellets, 62% Fe. In the blast furnace, we recover about 60% Fe as molten iron.

What is the yield of steel if it is made with liquid iron?

If we make steel with that liquid iron and cast it as steel slabs or billets, we get about 95% yield, so the raw material consumption went up to 1/ (0.6x0.95) =1.75 or 175%

How much raw material is lost when you peel potatoes?

If you are making mashed potatoes, you will have a loss of raw material (the raw potatoes) of maybe 5%, during the peeling process (depends on the size and shape of the potatoes, and the peeling method used; soldiers on KP duty may waste 25% or more of the potato) . Not much is lost during cooking, but some will stick to the side of the pot after they are mashed. Maybe a couple or three percent gets lost that way. Then of course in the “packaging” of mashed potatoes — i.e., feeding them to someone — it often happens that half or more is wasted, tossed into the garbage.

What is direct material?

Direct material is material used in manufacturing processes which becomes an integral part of the product and the cost of which is identifiable and chargeable directly to it. In the production of any product there is lots of parameter are effect for deciding there particular cost of any products. 1.

Is waste included in unit ratio?

Keep in mind that the unit ratio is more than just the theoretical amount needed. There is always waste in setting up to make the product and establishing steady state (good quality product). Additionally there is off-grade produced even at steady state . This waste needs to be included in the unit ratio for each raw material/component. This is the difficult part in developing a good BOM.

Is raw material lost in packaging?

No raw material is lost in packaging, because by the time you reach the stage of packaging all the raw material has been converted into finished product, or has been dropped out as waste. In some kinds of products, a certain percentage of finished material is lost during packaging — for example, by overflow or splashing of liquids, or by breakage of fragile or brittle items. Indirectly, those packaging losses do represent a loss of raw material, but not in the same sense that raw material is lost or wasted during the manufacturing process.

What are some examples of raw materials?

These are most common examples. Most uncommon is probably Uranium. It’s used in ele. Continue Reading. Limestone is an example of a highly used raw material. It is used for production of soda ash, which is then used to make paper, glass, solvents. Limestone alone supports over $100B industry. Let’s talk about water.

What are the raw materials used in cosmetics?

There are a number of raw materials that are used in cosmetics. But some of the most prominent are-. Fatty Acids- Fatty acids are used for skin care on a large scale and are one of the main ingredients. These are the main building blocks of the cell membrane.

What is the most widely used solid material?

Mostly silicon (silica) for ceramic and glassware and semiconductors for electronics, wood for furniture, iron, steel and aluminum, copper for metal objects, various natural and synthetic rubbers for elastomer products and various polymers for plastics. These are the most widely used solid materials.

What are mineral based raw materials?

Mineral based raw materials are extracted from natural resources for example mining, limestone, coal and etc industry requirements for mineral based raw material is heavy and. Continue Reading. Basically, in the point of view of business and economics raw material is divided into two types: 1 Agro Based.

What are the three main groups of raw materials?

Raw materials are divided into three major groups, namely, pigments (titanium dioxide, zinc oxide etc.), solvents (mineral turpentine) and resins and additives. Pigments are finely ground solids of different shades to give colour, durability, consistency and other properties to paint.

Is timber a raw material?

The timber is still raw material, and nothing has been added to it, nor taken away from it. So you can say the house is built out of “raw” material. You can take the “timber” and shape it and reshape, but it still remains a raw material. The above is the meaning of a “raw material”. Continue Reading.

What is the raw material of iron?

For example, in ironmaking, raw material is iron ore pellets, 62% Fe. In the blast furnace, we recover about 60% Fe as molten iron.

What is the yield of steel if it is made with liquid iron?

If we make steel with that liquid iron and cast it as steel slabs or billets, we get about 95% yield, so the raw material consumption went up to 1/ (0.6x0.95) =1.75 or 175%

How much raw material is lost when you peel potatoes?

If you are making mashed potatoes, you will have a loss of raw material (the raw potatoes) of maybe 5%, during the peeling process (depends on the size and shape of the potatoes, and the peeling method used; soldiers on KP duty may waste 25% or more of the potato) . Not much is lost during cooking, but some will stick to the side of the pot after they are mashed. Maybe a couple or three percent gets lost that way. Then of course in the “packaging” of mashed potatoes — i.e., feeding them to someone — it often happens that half or more is wasted, tossed into the garbage.

What is direct material?

Direct material is material used in manufacturing processes which becomes an integral part of the product and the cost of which is identifiable and chargeable directly to it. In the production of any product there is lots of parameter are effect for deciding there particular cost of any products. 1.

Is waste included in unit ratio?

Keep in mind that the unit ratio is more than just the theoretical amount needed. There is always waste in setting up to make the product and establishing steady state (good quality product). Additionally there is off-grade produced even at steady state . This waste needs to be included in the unit ratio for each raw material/component. This is the difficult part in developing a good BOM.

Is raw material lost in packaging?

No raw material is lost in packaging, because by the time you reach the stage of packaging all the raw material has been converted into finished product, or has been dropped out as waste. In some kinds of products, a certain percentage of finished material is lost during packaging — for example, by overflow or splashing of liquids, or by breakage of fragile or brittle items. Indirectly, those packaging losses do represent a loss of raw material, but not in the same sense that raw material is lost or wasted during the manufacturing process.