If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A. 200 percent B. 50 percent C. 2.0 D. $58,000
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- Cycle Time and Velocity Norton Company has the following data for one of its production departments: Theoretical velocity: 650 units per hour Productive minutes available per year: 65,000,000 Annual conversion costs: $390,000,000 Actual velocity: 325 units per hour Required: 1. Calculate the actual conversion cost per unit using actual cycle time and the standard cost per minute. Round your actual cycle time answer to three decimal places and your cost per unit answer to the nearest cent. Actual cycle time fill in the blank 1 minutes per unit Standard cost per minute $fill in the blank 2 per minute Conversion cost per unit $fill in the blank 3 per unit 2. Calculate the ideal conversion cost per unit using theoretical cycle time and the standard cost per minute. If required, round your intermediate calculations and final answers to two decimal places. Theoretical cycle time fill in the blank 4 minutes per unit Conversion cost per unit $fill in the blank 5 per…should the units completed be 50,000 or 51,000?Plz solve the question with explanation within 10-20 mins.i will give you upvotes
- If a company began the month with 50 units in process, started another 600 units during the month, and ended the month with 75 units in process, how many units were completed?(Chapter 4: Process Improvement) Consider a process consisting of three resources. Assume the demand rate is 8 units/hour. The process activities are always performed in the following sequence. Resource 1 has a processing time of 5 minutes per unit. Resource 2 has a processing time of 4 minutes per unit. Resource 3 has a processing time of 6 minutes per unit. Resource 1 is staffed by worker A and A's wage rate is $13 per hour. Resource 2 is staffed by worker B and B's wage rate is $13 per hour. Resource 3 is staffed by worker C and C's wage rate is $20 per hour. If one additional worker could be hired, to which resource should this worker be assigned? Calculate the new process capacity in units/hr. O Assign the new worker to Resource 3. The process capacity is 12 units per hour. O Assign the new worker to Resource 3. The process capacity is 10 units per hour. O Assign the new worker to Resource 1. The process capacity is 20 units per hour. O Assign the new worker to Resource 2. The…Quetion: Calculate the required total labor hours, if there are 5,000 units produced and 2.5 units are produced per labor.
- In the table below, please find the daily closings for the Dow Jones Industrial Average. Day DJIA 1 13,500 2 13,395 3 13,505 4 13,750 5 13,820 6 13,910 Calculate a five-day moving average for day 6.Management of Mittel Rhein AG of Koln, Germany, would ike to reduce the amount of time between when a customer places an order and when the order is shipped For the first quartet of operations during the cutrent year the following data were reported: Required: 1. Compute the throughput time (Round your answer to 1 decimol place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter (Round your percentage onswer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentoge answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediote calculations and finol answer to 1 decimol ploce.) 5. If by using Lean Production all queue time during production is Eiminated, what wil be the new MCE? (Round your percentoge onswer to 1 decimal ploce.)Using the following information, determine the net operating income NOI. Subject Property Number of apartments 15 Market rent per month. 1000 Vacancy and collection losses 10% of PGI Operating expenses 5% of EGI Capital expenditures 10% of EGI
- Problem 1 What is the standard labor cost percentage to serve 50, 75, and 100 lunches, given the following number of standard labor hours (assume a guest check average for lunch of $14.75)?The cost of direct labor was 58000. The charging rate of the CBS was 25% of the cost of direct labour. how much is the CBS?Simkin Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Wait time Process time Inspection time Move time. Queue time The manufacturing cycle efficiency (MCE) was closest to: (Round your intermediate calculations to 1 decimal place.) Multiple Choice O 0.51 O 0.10 0.15 Hours 20.8 2.5 0.3 2.9 5.0 O 0.23