g. Defective units as a percentage of total units produced. Round your answers to two decimal places (for example, enter 4.628% as "4.63"). 20x1 fill in the blank  % 20x3 fill in the blank  % h. Total hours of training. 20x1 fill in the blank  hours 20x3 fill in the blank  hours i. Suggestions per production worker. Round your answers to one decimal place. 20x1 fill in the blank  per production worker 20x3 fill in the blank  per production worker

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Scorecard Measures, Strategy Translation

At the end of 20x1, Mejorar Company implemented a low-cost strategy to improve its competitive position. Its objective was to become the low-cost producer in its industry. A Balanced Scorecard was developed to guide the company toward this objective. To lower costs, Mejorar undertook a number of improvement activities such as JIT production, total quality management, and activity-based management. Now, after two years of operation, the president of Mejorar wants some assessment of the achievements. To help provide this assessment, the following information on one product has been gathered:

    20x1   20x3
Theoretical annual capacity*   249,600   249,600
Actual production**   208,000   234,000
Market size (in units sold)   1,300,000   1,300,000
Production hours available (40 workers)   104,000   104,000
Very satisfied customers   62,400   117,000
Actual cost per unit   $340   $272
Days of inventory   14   7
Number of defective units   12,480   7,020
Total worker suggestions   80   320
Hours of training   260   1,040
Selling price per unit   $190   $190
Number of new customers   5,200   25,740

*Amount that could be produced given the available production hours; everything produced is sold.
**Amount that was produced given the available production hours.

Required:

g. Defective units as a percentage of total units produced. Round your answers to two decimal places (for example, enter 4.628% as "4.63").

20x1 fill in the blank  %
20x3 fill in the blank  %

h. Total hours of training.

20x1 fill in the blank  hours
20x3 fill in the blank  hours

i. Suggestions per production worker. Round your answers to one decimal place.

20x1 fill in the blank  per production worker
20x3 fill in the blank  per production worker
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