Can I have some help with the value-added ratio in part 1 please Lead TimeiSounds Inc. manufactures electronic stereo equipment. The manufacturing process includes printed circuit (PC) board assembly, final assembly, testing, and shipping. Inthe PC board assembly operation, a number of individuals are responsible for assembling electronic components into printed circuit boards. Each operator is responsiblefor soldering components according to a given set of instructions. Operators work on batches of 20 printed circuit boards. Each board requires 5 minutes of boardassembly time. After each batch is completed, the operator moves the assembled boards to the final assembly area. This move takes 10 minutes to complete.The final assembly for each stereo unit requires 16 minutes and is also done in batches of 20 units. A batch of 20 stereos is moved into the test building, which is acrossthe street. The move takes 20 minutes. Before conducting the test, the test equipment must be set up for the particular stereo model. The test setup requires 25 minutes.The units wait while the setup is performed. In the final test, the 20-unit batch is tested one at a time. Each test requires 8 minutes. The completed batch, after alltesting, is sent to shipping for packaging and final shipment to customers. A complete batch of 20 units is sent from testing to shipping. The Shipping Department islocated next to testing. Thus, there is no move time between these two operations. Packaging and labeling requires 10 minutes per unit.Required:1. Determine the amount of value-added and non-value-added lead time and the value-added ratio in this process for an average stereo unit in a batch of 20 units.Round percentages to one decimal place. Categorize the non-value-added time into wait and move time.Value-added lead timeNon-value-added lead time:Wait time lead timeMove time lead timeTotal non-value-added lead timeTotal lead time76630min.min.39796835Value-added ratio (as a percent)2. Move time in this process could best be reduced by:a. Doing nothing.b. Changing the layout from a process orientation to a product orientation.min.min.min.0.1 X %

Non-value-added activities are the activities or processes that do not contribute to the…

1. Determine the amount of value-added and non-value-added lead time and the value-added ratio in this process for an average stereo unit in a batch of 20 units. Round percentages to one decimal place. Categorize the non-value-added time into wait and move time. 39 ✓ min. Value-added lead time Non-value-added lead time: Wait time lead time Move time lead time Total non-value-added lead time Total lead time Value-added ratio (as a percent) 766 ✓ min. 30 ✓ min. 796 ✓ min. 835 ✓ min. 0.1 X %

1. Determine the amount of value-added and non-value-added lead time and the value-added ratio in this process for an average stereo unit in a batch of 20 units. Round percentages to one decimal place. Categorize the non-value-added time into wait and move time. 39 ✓ min. Value-added lead time Non-value-added lead time: Wait time lead time Move time lead time Total non-value-added lead time Total lead time Value-added ratio (as a percent) 766 ✓ min. 30 ✓ min. 796 ✓ min. 835 ✓ min. 0.1 X %

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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