Hendrix Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Activity Hours Move time 3.1 Queue time 6.2 Process time 2.0 Inspection time 0.3 The Manufacturing Cycle Efficiency (MCE) was closest to: a. 0.0602 b. 0.4898 c. 0.1254 d. 0.1724

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter4: Accounting For Factory Overhead
Section: Chapter Questions
Problem 4P: Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2....
icon
Related questions
Question

Answer this MCQ

Hendrix Corporation keeps careful track of the time required to
fill orders. The times recorded for a particular order appear
below:
Activity
Hours
Move time
3.1
Queue time
6.2
Process time
2.0
Inspection time 0.3
The Manufacturing Cycle Efficiency (MCE) was closest to:
a. 0.0602 b. 0.4898 c. 0.1254 d. 0.1724
Transcribed Image Text:Hendrix Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Activity Hours Move time 3.1 Queue time 6.2 Process time 2.0 Inspection time 0.3 The Manufacturing Cycle Efficiency (MCE) was closest to: a. 0.0602 b. 0.4898 c. 0.1254 d. 0.1724
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Essentials of Business Analytics (MindTap Course …
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning