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Blues Inc. manufactures jeans in the cutting and sewing process. Jeans are manufactured in 40-jean batch sizes. The cutting time is 5 minutes per jean. The sewing time is 20 minutes per jean. It takes 2 minutes to move a batch of jeans from cutting to sewing. a. Compute the value-added, non-value-added, and total lead time of this process. Value-added lead time ? minutes Non-value-added lead time ? minutes Total lead time ? minutes

Blues Inc. manufactures jeans in the cutting and sewing process. Jeans are manufactured in 40-jean batch sizes. The cutting time is 5 minutes per jean. The sewing time is 20 minutes per jean. It takes 2 minutes to move a batch of jeans from cutting to sewing. a. Compute the value-added, non-value-added, and total lead time of this process. Value-added lead time ? minutes Non-value-added lead time ? minutes Total lead time ? minutes

FINANCIAL ACCOUNTING
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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**Lead Time** Blues Inc. manufactures jeans in the cutting and sewing process. Jeans are manufactured in 40-jean batch sizes. The cutting time is 5 minutes per jean. The sewing time is 20 minutes per jean. It takes 2 minutes to move a batch of jeans from cutting to sewing. **a. Compute the value-added, non-value-added, and total lead time of this process.** - **Value-added lead time:** ? minutes - **Non-value-added lead time:** ? minutes - **Total lead time:** ? minutes **b. Compute the value-added ratio. Round to one decimal place.** - Fill in the blank: 4 %
Transcribed Image Text:**Lead Time** Blues Inc. manufactures jeans in the cutting and sewing process. Jeans are manufactured in 40-jean batch sizes. The cutting time is 5 minutes per jean. The sewing time is 20 minutes per jean. It takes 2 minutes to move a batch of jeans from cutting to sewing. **a. Compute the value-added, non-value-added, and total lead time of this process.** - **Value-added lead time:** ? minutes - **Non-value-added lead time:** ? minutes - **Total lead time:** ? minutes **b. Compute the value-added ratio. Round to one decimal place.** - Fill in the blank: 4 %
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