Provide solution the following requirements on these general accounting question Management of Mittel Rhein AG of Koln, Germany, would like to reduce theamount of time between when a customer places an order and when the order isshipped. For the 1st quarter of operations during the current year the followingdata were reported:Inspection time0.4 daysWait time (from order to start of production) 15.2 daysProcess timeMove time3.1 days1.2 days3.9 daysQueue timeRequired:1. Compute the throughput time.2. Compute the manufacturing cycle efficiency (MCE) for the quarter.3. What percentage of the throughput time was spent in non-value-addedactivities?4. Compute the delivery cycle time.

Step 1: Define Delivery Cycle TimeDelivery cycle time refers to the total duration it takes between…

Answered: Management of Mittel Rhein AG of Koln,…

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 28Q

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Novex company keeps track on time related to orders and their production. During the mostrecent quarter, the company recorded the following average times for each unit or order. 22 | P a g ea) Wait time: 18 hoursb) Inspection time: 0.5 daysc) In Process time: 2 daysd) Move time: 0.6 dayse) Queue time: 5 daysOnce production is finished, goods are shipped. Calculate the manufacturing cycle time.
Novex Company keeps careful track of the time to complete customer orders. During the most recent quarter, the following average times were recorded for each unit or order: Days Wait time . . . . . . . . . . . . 17.0 Inspection time . . . . . . . . 0.4 Process time . . . . . . . . . .2.0 Move time . . . . . . . . . . . .0.6 Queue time . . . . . . . . . . .5.0 Goods are shipped as soon as production is completed. Required: Compute the throughput time. Compute the manufacturing cycle efficiency (MCE). What percentage of the production time is spent in non-value-added activities? Compute the delivery cycle time.
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Schlarbaum Corporation's management keeps track of the time it takes to process orders. During the most recent month, the following average times were recorded per order: Days Wait time 13.2 Inspection time 0.7 Process time 1.6 Move time 0.6 Queue time 2.2 Required: a. Compute the throughput time. (Round your answer to 1 decimal places.) b. Compute the manufacturing cycle efficiency (MCE). (Do not round intermediate calculations. Round your answer to nearest whole percentage.) c. What percentage of the production time is spent in non-value-added activities? (Do not round intermediate calculations. Round your answer to nearest whole percentage.) d. Compute the delivery cycle time. (Round your answer to 1 decimal place.)
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Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Move time Hours 2.4 Wait time 29.2 Queue time 12.5 Process time 0.6 Inspection time 0.3 The delivery cycle time was: (Round your intermediate calculations to 1 decimal place.)
Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours Move time 11.5 Wait time 35.2 Queue time 12.2 Process time 0.8 Inspection time 0.3 The delivery cycle time was:
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