A company produces work boots. The company received and produced an order for 4,600 pairs of boots. The following information is available regarding this order. Process time 5.6 days Inspection time 6.5 days Move time 6.3 days 9.6 days Wait time What is this company's manufacturing cycle efficiency? A. 28 days B. 20 % C. 23.21% D. 2 days

A company produces work boots. The company received and produced an order for 4,600 pairs of boots. The following information is available regarding this order. Process time 5.6 days Inspection time 6.5 days Move time 6.3 days 9.6 days Wait time What is this company's manufacturing cycle efficiency? A. 28 days B. 20 % C. 23.21% D. 2 days

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter20: Inventory Management: Economic Order Quantity, Jit, And The Theory Of Constraints

Section: Chapter Questions

Problem 13E: Eyring Manufacturing produces a component used in its production of washing machines. The time to...

See similar textbooks

Similar questions

A company produces work boots
HELP
Solve this account problem
What is this company's manufacturing cycle efficiency
Question
Answer?
Expert Need your advice
Financial Accounting
Navern Coporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 44 days. This 44 days is spent as follows: Wait time 12 days Inspection time Process time Move time Queue time 12 days 5 days 6 days 9 days What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Multiple Cholce 38.6% 15.6% 61.4% 591% 65°F Cloudy search DELL
Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 82 days. This 82 days is spent as follows: Wait time Inspection time Process time Move time Queue time What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Multiple Choice 41.5% 33.3% 58.5% 16 days 12 days 22 days 21 days 11 days 54.9%
Best Ink produces printers for personal computers. The following information is available for production of a recent order of 500 printers. Process time 16.0 hours Inspection time 3.5 hours Move time 9.0 hours Wait time 21.5 hours 1. Compute the company’s manufacturing cycle time. 2. Compute the company’s manufacturing cycle efficiency. 3. Assume the company wishes to increase its manufacturing cycle efficiency to 0.80. If process time is unchanged, what is the maximum number of hours of non-value-added time the company can have and meet this goal?
Huron Company produces a commercial cleaning compound known as Zoom. The direct materialsand direct labor standards for one unit of Zoom are given below:Standard Quantity Standard Price Standardor Hours or Rate CostDirect materials . . . . . 4.6 pounds $2.50 per pound $11.50Direct labor. . . . . . . . . 0.2 hours $12.00 per hour $2.40During the most recent month, the following activity was recorded:a. Twenty thousand pounds of material were purchased at a cost of $2.35 per pound.b. All of the material purchased was used to produce 4,000 units of Zoom.c. 750 hours of direct labor time were recorded at a total labor cost of $10,425.Required:1. Compute the direct materials price and quantity variances for the month.2. Compute the direct labor rate and effi ciency variances for the month.