ice (LO10-3]Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an orderand when the order is shipped. For the first quarter of operations during the current year the following data were reported:Inspection timeWait time (from order to start of production)0.6 days15.7 days3.3 days1.0 days4.1 daysProcess timeMove timeQueue timeRequired:1. Compute the throughput time. (Round your answer to 1 decimal place.)2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.)3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearestwhole percent.)4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.)5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your percentageanswer to 1 decimal place.)1. Throughput time9.0 days37 %2. Manufacturing cycle efficiency3. Non-value-added throughput time63 %4. Delivery cycle timedays5. New manufacturing cycle efficiency%

Computation of the above requirements are as follows:

ice (LO10-5J Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer and when the order is shipped. For the first quarter of operations during the current year the following data were repor Inspection time Wait time (from order to start of production) 0.6 days 15.7 days 3.3 days 1.0 days 4.1 days Process time Move time Queue time Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest who 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answe whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your answer to 1 decimal place.) 1. Throughput time 9.0 days 2. Manufacturing cycle efficiency 37 %

ice (LO10-5J Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer and when the order is shipped. For the first quarter of operations during the current year the following data were repor Inspection time Wait time (from order to start of production) 0.6 days 15.7 days 3.3 days 1.0 days 4.1 days Process time Move time Queue time Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest who 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answe whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your answer to 1 decimal place.) 1. Throughput time 9.0 days 2. Manufacturing cycle efficiency 37 %

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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8. Salter Manufacturing Company produces inventory in a highly automated assembly plant in Fall River, Massachusetts. The automated system is in its first year of operation and management is still unsure of the best way to estimate the overhead costs of operations for budgetary purposes. For the first six months of operations, the following data were collected: Machine-hours Kilowatt-hours Total Overhead Costs January 4,560 5,424,000 $405,600 February 4,380 5,208,000 404,160 March 4,680 5,400,000 407,040 April 3,960 5,148,000 404,160 May 3,900 5,040,000 391,200 June 3,720 4,944,000 384,000 Required: a. Use the high-low method to determine the estimating cost function with machine-hours as the cost driver. b. Use the high-low method to determine the estimating cost function with kilowatt-hours as the cost driver. c. For July, the company ran the machines for 4,000 hours and used 4,550,000 kilowatt-hours of power. The overhead costs totaled $365,000. Which cost driver was the…
My Home CengageNOWv21Online teachir x cengagenow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker3&takeAssignmentSessionLocator=&inpro.. to MZE Manufacturing Company has a normal plant capacity of 37,500 units per month. Because of an extra-large quantity of inventory on hand, it expects to produce only 30,000 units in May. Monthly fixed costs and expenses are $112,500 ($3.00 per unit at normal plant capacity) and variable costs and expenses are $8.25 per unit. The present selling price is $13.50 per unit. The company has an opportunity to sell 7,500 additional units at $9.90 per unit to an exporter who plans to market the product under its own brand name in a foreigrn market. The additional business is therefore not expected to affect the regular selling price or quantity of sales of MZE Manufacturing Company. Prepare a differential analysis report dated April 21 of the current year. If an amount is zero, enter "0". If required, use a minus sign to indicate a loss. Differential…
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