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compute for throughput time

compute for throughput time

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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compute for throughput time

PARE Company produces and sells a special powder named "CC". Actual and Projected sales units and contribution margin per unit for the product for the year 2021 are as follows: 2021 Projected Actual Sales units 8, 100 8, 400 Total market (units ) 54, 000 P 6 60, 000 CM / unit P 6.50 Compute for throughput time Assume the same data for PARE Company in Illustrative Problem 2 and the actual data for the years 2021 are as follows: ( Assume that production = units sold ) 2021 P 53.75 Sales price/unit Materials used (kg) Materials cost / kg 6, 750 P 7 Direct labor hours 6, 480 Direct labor cost/hr P 32.50 PARE Company monitored the efficiency of processes from receiving customer orders until they are shipped to customers. Average times incurred per order processed are as follows: Time ( in days ) 2021 Wait time 4 Process time Inspection time 1.5 Move time .25 Queue time .80
Transcribed Image Text:PARE Company produces and sells a special powder named "CC". Actual and Projected sales units and contribution margin per unit for the product for the year 2021 are as follows: 2021 Projected Actual Sales units 8, 100 8, 400 Total market (units ) 54, 000 P 6 60, 000 CM / unit P 6.50 Compute for throughput time Assume the same data for PARE Company in Illustrative Problem 2 and the actual data for the years 2021 are as follows: ( Assume that production = units sold ) 2021 P 53.75 Sales price/unit Materials used (kg) Materials cost / kg 6, 750 P 7 Direct labor hours 6, 480 Direct labor cost/hr P 32.50 PARE Company monitored the efficiency of processes from receiving customer orders until they are shipped to customers. Average times incurred per order processed are as follows: Time ( in days ) 2021 Wait time 4 Process time Inspection time 1.5 Move time .25 Queue time .80
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