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....
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The manufacturing cycle efficiency

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
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