Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 82 days. This 82 days is spent as follows:Wait timeInspection timeProcess timeMove timeQueue timeWhat is Navern's manufacturing cycle efficiency (MCE) for its elevators?Multiple Choice41.5%33.3%58.5%16 days12 days22 days21 days11 days54.9%

Manufacturing cycle efficiency:— It is the percentage of total manufacturing time used in…

Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 82 days. This 82 days is spent as Wait time. Inspection time Process time Move time 16 days 12 days 22 days Queue time What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Multiple Choice O O O O 41.5% 33.3% 58.5% 21 days. 11 days. 54.9%

Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 82 days. This 82 days is spent as Wait time. Inspection time Process time Move time 16 days 12 days 22 days Queue time What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Multiple Choice O O O O 41.5% 33.3% 58.5% 21 days. 11 days. 54.9%

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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Navern Coporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 44 days. This 44 days is spent as follows: Wait time 12 days Inspection time Process time Move time Queue time 12 days 5 days 6 days 9 days What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Multiple Cholce 38.6% 15.6% 61.4% 591% 65°F Cloudy search DELL
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An automobile parts supplier sell Excel brand batteries to van dealers. The annual demand is approximately 1,000 batteries. The supplier pays RO 20 for each battery and estimates that the annual holding cost is 30 percent of the battery’s value. It costs approximately RO 10 to place an order. The supplier currently orders 20 batteries per month. Determine the economic order quantity. a. 57.74 units b. 28.28 units c. 28.82 units d. 82.82 units
Consumption Ratios; Activity Rates Dienestar Company produces two types of get-well cards: scented and regular. Drivers for the four activities are as follows: Scented Cards Regular Cards Inspection hours Setup fours Machine hours Inspection hours Setup fours 140 100 Number of moves The following activity data has been collected: Inspecting products Setting up equipment Machining Moving materials Required: 210 235 Rates: 100 20 1. Calculate the commption ratus for the four drivers. Round your answers to two decimal places. Scented Cards Regular Cards 0.42 ✔ 0.17 V 0.74 ✓ pocting produds Setting up equipment Machining Moving material 600 0.50 0.83 ✔ 0.26 ✔ 0.77 ✔ 70 $4,970 4,740 6.320 1,290 Machine hours Number of moves 2. Which of the following statements indicate there is product diversity? Significant variation in the consumption ratios from driver to driver Explain the significance of product diversity for decision-making it the company Chooses to use inachine uus to assign all…
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A furniture manufacturer specializes in wood tables. The tables sell for $100 per unit and incur $40 per unit in variable costs. The company has $6,000 in fixed costs per month. Expected sales are 200 tables per month. 17. Calculate the margin of safety in units, 18. Determine the degree of operating leverage. Use expected sales. 19. The company begins manufacturing wood chairs to match the tables. Chairs sell for $50 each and have variable costs of $30. The new production process increases fixed costs to $7,000 per month. The expected sales mix is one table for every four chairs. Calculate the breakeven point in units for each product. 17. Calculate the margin of safety in units. Begin by selecting the formula labels and entering the amounts to compute the number of table the company must sell to break even. (Abbreviation used: CM contribution margin. Complete all input fields. For items with a zero value, enter "0".) ( Required sales in units ]+[ )+ ( Select the formula labels and…
Cove's Cakes is a local bakery. Price and cost information follows: $ 13.71 Price per cake Variable cost per cake Ingredients Direct labor Overhead (box, etc.) Fixed cost per month 2.34 1.16 0.19 $4,108.20 Required: 1. Determine Cove's break-even point in units and sales dollars. 2. Determine the bakery's margin of safety if it currently sells 460 cakes per month. 3. Determine the number of cakes that Cove must sell to generate $2,800 in profit.
A local toy manufacturer is using a production line that runs 8 hours per day and produces a toy that requires a total of 7 tasks to be performed. The daily demand is 100 toys. Times of the tasks are 2.73, 2.01, 2.13, 2.0, 2.61, 2.71, and 2.95 minutes for A, B, C, D, E, F, and G, respectively. However, due to the nature of the product there are precedence rules that must be observed. Such that Task A does not need any predecessors; task B requires task A to be completed. To start task C and task D, each require task B to be completed. Task C must be completed prior to stating task E. Task F needs both task D and task E to be completed. Finally, task G can start only once task F is completed. Given we apply the most remaining tasks rule for balancing the assembly line, with ties broken according to longest task time first, What will the estimated idle time in minutes for SECOND workstation? а. 1.00 b. 0.09 с. None is the correct answer d. 0.06 е. 1.85
Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one model, the Windy 2000. Units sold Sale price each Total labor hours Wage rate Total materials Total energy 1,231 $ 1,715 46,452 $ 12 $61,150 $ 4,009 Productivity per hour Calculate the productivity in sales revenue/labor expense. Note: Round your answer to 2 decimal places.
Ceso Corporation manufactures and sells custom snowmobiles. From the time an order is placed till the time the snowmobile reaches the customer averages 50 days. This 50 days is spent as follows: Wait time: 10 days Move time: 5 days Process time: 15 days Queue time: 15 days Inspection time: 5 days What is it's manufacturing cycle efficiency (MCE) for its snowmobiles? 30.0% 37.5% 40.0% 60.0%
Qd.1.