Injection Mold Tooling

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injection mold tooling costs:

Injection Mold Tooling

Question by Bucky: Injection molding tooling cost?
I am trying to determine the tooling cost for an injection mold. Item would be about 12″X12″X18″. Also if working with a manufacturer do I own the mold and are they specific to machine type so that it might be hard to move to another manufacturer? Any advice is apprecitated

Best answer:

Answer by Kenny M
It would depend on the complexity of the mold.

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Injection Mold Tooling

injection mold tooling costs:

Injection Mold Tooling

Question by Cynthia: Accounting questions. Please help.?
Question 1.
Montego Co. identifies the following activities that pertain to manufacturing overhead: materials handling, machine setups, factory machine maintenance, factory supervision, and quality control. For each activity, identify an appropriate cost driver.

A. Material hadling
B. Machine setup
C. Factory machine maintenance
D. Factory supervision
E. Quality control

*This is what I think the answers are:
A. Machine hours used
B. Number of setups
C. machine hours used
D. Direct hours used
E. ?

Question 2.
Quick Pix is a large film developing and processing center that serves 130 outlets in grocery stores, service stations, camera and photo shops, and drug stores in 16 nearby towns. Quick Pix operates 24 hours a day, 6 days a week. Classify each of the following activity costs of Quick Pix as either unit-level, batch-level, product-level, or facility-level. (The answer may include more than one level.)

A. Color printing materials
B. Photocopy paper
C. Depreciation of machinery
D. Setups for enlargements
E. Supervisor’s salary
F. Ordering materials
G. Pickup and delivery
H. Commission to dealers
I. Insurance on building
J. Loading developing machines

*This is what I think the answers are for Question 2.
A. Batch or Product-Level Activity
B. Batch or Product-Level Activity
C. Facility-Level Activity
D. Batch-Level Activity
E. Facility-Level Activity
F. Batch of Facility-Level Activity
G. Unit-Level Activity
H. ?
I. Facility-Level Activity
J. ?

Question 3.
Tool Time, Inc. operates 20 injection molding machines in the production of tool boxes of four different sizes, named the Apprentice, the Handyman, the Journeyman, and the Professional. Classify each of the following costs as unit-level, batch-level, product-level, or facility-level.

A. Depreciation on injection molding machines (I know its not facility or batch)
B. Changing dies on machines (I know its not unit or product)
C. Moving components to assembly department (I know its not unit or product)

Question 4.
Activity-based costing is most appropriate to use when labor costs are a ___________ proportion of total product costs and the manufacturing process is __________.
A. decreasing, complex.
B. increasing, complex.
C. small, uncomplicated.
D. large, uncomplicated.

*I really thought it was B but I got it wrong, then I thought it was d, but I still got it wrong. Now i’m confused.

Question 5.
Which of the following statements is false concerning the use of ABC in service industries?

A. In most service industries, a large portion of overhead costs are company-wide costs.
B. The notion regarding eliminating as many non-value-added activities as possible applies equally to manufacturers and service providers.
C. When using ABC for service industries, special methods must be used to identify cost pools and cost drivers due to the unique nature of the services offered.
D. All of the statements are true concerning the use of ABC in service industries.

Question 6.
Which of the following is a limitation of activity-based costing?

A. It does not lead to better management decisions.
B. It can only be used to improve product costing.
C.Only manufacturing companies can use it.
D. Arbitrary allocations of overhead costs may continue.

Best answer:

Answer by JKRB
(1) I don’t know if this is one of your options, but I believe that “units produced” should be the answer for (E) Quality control and possibly (A).
(2) (3) Sorry, I can’t be any help with these two.
(4) I believe this question wasn’t clear (I’ve found it happens a lot). I think it was supposed to have read “Activity-based costing is most appropriate to use when DIRECT labor costs are a ?. In which case, the answer would be (A).
(5) I’m not sure about (A), but both B and C are true. This would mean that (D) is correct.
(6) A, B, and C, are all false, so (D) is correct

Good luck

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Injection Mold Tooling

injection mold tooling:

Injection Mold Tooling

Question by Love=Unfair: Grammar Please check again?
Our production are divided into 3 departments, mould making, injection molding and product assembly.

“should the “production” be in upper case i mean “Production” and is it “are” or “is” or should i rephrase the sentence.”
“And i also want to ask your opinion about using 2 different kinds of English spelling British and American spelling such as ‘mold’ and ‘mould’ is okay or not? is it conflicting any rule in Grammar using 2 different kinds of spelling?

As for our mould making department, we have a very high level quality stands tooling, which has a lot of precision equipment and machines which are imported from Germany and Japan.

As for our injection molding department, we have all precision injection machines which are imported from Japan.

As for our product assembly department, we have four modern assembly lines to ensure our quality and capacity.

Best answer:

Answer by Master P-Nut
It could be:

Our production is divided into three departments: mold making, injection molding, and product assembly.

(If the person is a stickler MLA says any number under 10 should be written out except decimals or other special cases.)

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Injection Mold Tooling

injection mold tooling:

Injection Mold Tooling

Question by Underwood: Autobody type work, I need help please.?
Hey, I’m 16 and I for sure have a full time summer job at RTM North… But, I’m trying to figure out what I can learn before I start working, so I can get better hours, and work on harder things… get paid more, etc. But, as it is now.. I know nothing. xD.

The job is basically, they make molds for companies. Fiber glass work. They make boat molds, bathtub molds, truck molds, any kinda mold xD.

So, If anyone could please help me out… giving me suggestions on what I should learn, sanding and stuff… or anything, I’d REALLY appreciate it.

This is what it says on their website.

Produces composite tooling, RTM and Lite RTM injection equipment, manipulators and RTM and Lite RTM hardware. Consulting, training and pattern making services.

Best answer:

Answer by nick f
having worked in the industry I would say its an on the job learning thing. that doesnt mean you cant learn elsewhere.

Learn all you can about molds of all types and composite molds in particular. Learn about fiberglass and resins and especially tooling gelcoat. Learn about matt and woven roving and other fiber types. there are many sites that explain all this stuff. Most suppliers of resins and fibers have literature you can have free.

One tip i would give you is NEVER wear synthetic fiber clothing in a fiberglass shop. 100% cotton only. Fiberglass itch is hell and synthetics make it 10 times worse. and get yourself some lanolin for your hands you ll thank me later.
I
ts easy to make an absolute mess in that trade so work extra clean and you can make it acceptable.

if you want to impress the guys then be the kid who is willing to learn and eager to do whatever is required, that will make them appreciate you. No one will mind if you keep asking to try things like rolling out or wetting out or whatever, keep learning and soon you ll be trusted with a chopper gun (which they likely use)etc.

That industry is one with a high turnover because of the chemicals, smell and fiber itch so half the battle will just be hanging in there. You DO get used to it after a while and if you stick it out, chances are you ll be the only one left standing.

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Injection Mold Tooling