Diorio Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours Move time 2.7 Wait time 21.1 Queue time 5.3 Process time 1.4 Inspection time 0.1 The manufacturing cycle efficiency (MCE) was closest to: a. 0.05 b.0 45 c. 0.15 d. 0.18

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter3: Cost Behavior And Cost Forecasting
Section: Chapter Questions
Problem 67P: Refer to the information for Farnsworth Company (p. 139) for the first 10 months of data on...
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Diorio Corporation keeps careful track of the time required to fill orders. The times
recorded for a particular order appear below:
Hours
Move time
2.7
Wait time
21.1
Queue time
5.3
Process time 1.4
Inspection time 0.1
The manufacturing cycle efficiency (MCE) was closest to:
a. 0.05
b.0 45
c. 0.15
d. 0.18
Transcribed Image Text:Diorio Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours Move time 2.7 Wait time 21.1 Queue time 5.3 Process time 1.4 Inspection time 0.1 The manufacturing cycle efficiency (MCE) was closest to: a. 0.05 b.0 45 c. 0.15 d. 0.18
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