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Calculate the manufacturing cycle efficiency for each product.

Calculate the manufacturing cycle efficiency for each product.

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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Answer B for thumbs up Sandhill Industries makes and sells two types of outdoor canvas canopies. Sandhill has provided you with the following timeline information stated in hours for its two products: Standard and Deluxe. Standard Deluxe Order processed 1.00 1.00 Lag time before production begins 25.00 11.00 Materials moved to production floor from warehouse 0.56 0.56 Assembly of product 13.00 12.00 Materials moved within assembly from operation to operation 0.56 0.56 Lag time between assembly and packaging 6.00 5.00 Load and ship canopies 1.00 1.00 (a) Your answer is correct. Calculate the manufacturing cycle time for each product. (Round answers to 2 decimal place, e.g. 12.52.) Standard Deluxe Manufacturing Cycle Time 21.12 hours 19.12 hours Your answer is incorrect. Calculate the manufacturing cycle efficiency for each product. (Round answers to 1 decimal places, e.g. 12.5.) Standard Deluxe Manufacturing Cycle Efficiency % (b)
Transcribed Image Text:Answer B for thumbs up Sandhill Industries makes and sells two types of outdoor canvas canopies. Sandhill has provided you with the following timeline information stated in hours for its two products: Standard and Deluxe. Standard Deluxe Order processed 1.00 1.00 Lag time before production begins 25.00 11.00 Materials moved to production floor from warehouse 0.56 0.56 Assembly of product 13.00 12.00 Materials moved within assembly from operation to operation 0.56 0.56 Lag time between assembly and packaging 6.00 5.00 Load and ship canopies 1.00 1.00 (a) Your answer is correct. Calculate the manufacturing cycle time for each product. (Round answers to 2 decimal place, e.g. 12.52.) Standard Deluxe Manufacturing Cycle Time 21.12 hours 19.12 hours Your answer is incorrect. Calculate the manufacturing cycle efficiency for each product. (Round answers to 1 decimal places, e.g. 12.5.) Standard Deluxe Manufacturing Cycle Efficiency % (b)
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