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:

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:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Related questions

Q: Latisha Simmons, a loan processor at Wentworth Bank, has been timed performing four work elements,…

A: Normal Time: The average time a worker takes to perform a task, weighted by their performance…

Q: Management of Mittel Company wants to reduce the elapsed time from when a customer places an order…

A: C. What percentage of the throughput time was spent in non-value-added activities: Non-value-added…

Q: Your operations team has advised that on average for Inbound, there are 12 palletized 20ft…

A: Within a supply chain or business, inbound operations are the procedures and tasks related to…

Q: The president of Hill Enterprises, Terri Hill, projects the firm's aggregate demand requirements…

Q: When preparing a general overhead budget, which category used in the book would you put a $200 per…

A: The answer for the question on general overhead budget is given hereunder : What is general…

Q: The manager of a retail shop is awarded a bonus if his shop stays within the quarterly budget. Often…

A: The expected code of conduct under various business situations requiring individuals to take an…

Q: Schlarbaum Corporation's management keeps track of the time it takes to process orders. During the…

A: Disclaimer: “Since you have posted a question with multiple sub-parts, we will solve the first three…

Q: Quetzaltenango Candle Inc. budgeted production of 685,000 candles for March. Each candle requires…

A: Cost of goods sold is the statement which is prepared by the entity to determine the cost of making…

Q: Answer

A: SOLUTIONKanban:GivenDaily demand, d = 5 vehicles per hourLead time, L = 1 hourSafety stock factor, α…

Q: The Assembly Department started the month with 140,000 units in its beginning work in process…

A: 939,000 units were transferred to the next processing department during the month.

Q: Drew Castello, general manager of Sunflower Manufacturing, was frustrated. He wanted the budgeted…

A: Introduction:- This question presents a scenario where a general manager, Drew Castello, is…

Q: Hours ve time 2.4 it time 29.2 eue time 12.5 rocess time 0.6 mspection time 0.3 The times recorded…

A: 1)Throughput time= Processing time +Inspection time +Move time+Queue time22)Delivery cycle…

Q: Mac Glow Cosmetics International Company manufactures and distributes lipsticks all over the world.…

Q: Need accurate answer

A: Given:Demand (D):5 vehicles produced per hourLead time (T):1 hour (time for delivery)Safety factor…

Q: The zonal office carries out routine office work in a sales order processing department, and all…

A: The output that is budgeted to be attained over the projected period or process is known as budgeted…

Q: Perfect Partles, Inc. has several divislons, one of wihich provides birtnday partles at thelr…

A: The question is based on the concept of Budgeting.

Q: finishing department started the month with 700 units li 00 units. How many units were in process at…

A: Given: Beginning WIP = 700 Units Units Receive & Started =2,300 Units Units…

Q: Lexi Belcher picked up the monthly report that Irvin Santamaria left on her desk. She smiled as her…

A: Variance analysis is very important technique used in management accounting, in which actual costs…

Q: Traya Corp.'s management keeps track of the time it takes to process orders. During the most recent…

A: Formula : Throughput time = Inspection time + Process time + move time + Queue time

Q: Following is the information provided by the concerned departments about two components FRAME and…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: ka) Compute the number of units started and completed this period for the first production…

A: EQUIVALENT UNITS OF PRODUCTION Equivalent Production represents the production of a process in terms…

Q: DataSpan, Incorporated, automated its plant at the start of the current year and installed a…

A: Let's tackle each part of the question step by step. 1-a. Compute the throughput time for each…

Q: Steinwand Corporation keeps track of the time required to fill orders. Data concerning a particular…

A: Manufacturing cycle time is the time taken by the company in manufacturing a product starting from…

Q: The following data pertain to the Hercules Tire and Rubber Company for the month of May. Work in…

A: Work in the process are the units that are in the production process that are partially finished…

Q: Management of Mittel Company wants to reduce the elapsed time from when a customer places an order…

A: Value added time is the time required on activities which will directly contribute to get value…

Q: (a-b) Calculate the direct material price variance and direct material quantity variance for the…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Berger Mortgage Co. provides the following data on its loan application processing activities for…

A: The cycle efficiency is calculated as process time divided by manufacturing cycle time.

Q: The Pangasinan plant of the Pilipinas Company manufactures cash registers. It plansto implement an…

A: Activity-based costing is the method of allocation of the overhead cost to the product based on the…

Q: Calculate Lead Time Williams Optical Inc. is considering a new lean product cell. The present…

A: Answer:- Formulas: 1. Value-added processing time= Process step1 + Process step 2 + Process step 3…

Q: & Oranges Inc. is trying to become more efficient in shipping goods. It is experimenting with two…

A: Shipping procedure basically involves everything from receiving an order to an order is delivered.…

Q: Inspection time 0.5 days Wait time (from order to start of production) 15.5 days Process time 2.9…

A: Throughput Time = Inspection Time + Wait Time + Process Time + Move Time + Queue Time…

Q: DataSpan, Incorporated, implemented Lean Production and would like to redesign its performance…

A: Part 2: ExplanationStep-by-step breakdown of calculations and formulas used to compute the…

Q: Give examples of prevention activities that could reduce the failures experienced by Pauli’s.

Q: The management of International Cookwares believes that delivery performance measures must be…

A: The delivery cycle time is the total time it takes for an order to be completed, from the time it is…

Q: The total estimated manufacturing overhead was $312,000. Under traditional costing (which assigns…

A: PREDETERMINED OVERHEAD RATEPredetermined rate means the indirect cost rate.The Predetermined…

Q: Transmissions are delivered to the fabrication line four at a time. It takes one hour for…

Q: Englert Hospital began using standards to evaluate its Admissions Department. The standard was…

A: The question is based on the concept of Cost Accounting.

Q: Oriole Company purchased equipment for $238,400 on October 1, 2025. It is estimated that the…

A: Lets understand the basics.Depreciation is a reduction in value of asset due to wear and tear,…

Q: Waterway Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes.…

A: There are two methods for allocating overhead cost to the products i.e. 1)Traditional 2)ABC costing.…

Q: Determine the value-added, non-value-added, and total lead times, and the value-added ratio under…

A: Value-added activities are those activities that form an integral part of the operational processes…

Q: Erico Inc, has the following details: Average lead time - 10 days Maximum lead time - 15 days…

A: Danger Level formula: =Normal Rate of consumption level * Maximum Re order period for emergency…

Q: Novex company keeps track on time related to orders and their production. During the most recent…

A: Novex Company keeps track of the time related to the production process of the company. The firm has…

Question

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:

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

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?
Kingcade 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 throughput time was: Multiple Choice O O 12.3 hours 27.4 hours 30.6 hours 3.2 hours Hours 18.3 1.1 0.1 2.0 9.1
Use the information below to answer questions that follow:Boko (Pty) Ltd have the following information in their books, which they want to use for planningpurposes. quarter 1 quarter 2 quarter 3 quarter 4 budgeted sales in units 50000 70000 90000 120000 desired ending inventory of finished goods 10000 14000 18000 24000 opening inventory of finished goods 7000 10000 14000 18000 direct labour hour used per unit 0.5 0.5 0.5 0.5 selling price 10 10 10 10 direct labour cost per hour 3 3 3 3 Required:a) For each quarter, calculate the:i. Sales budget. ii. Production budget. iii. Direct labour budget.
Performance metrics Apples & Oranges Inc. is trying to become more efficient in shipping goods. It is experimenting with two new shipping procedure initiatives aimed at achieving this strategic objective. The company has provided the following data regarding the two procedures after one month of implementation: Shipping Procedure A Shipping Procedure B 72 17.3 7.7 Number of shipping errors Hours from ordered to shipped - Shipping time (hours from shipped to delivered) Pounds of goods shipped Number of shipments a. Compute the following performance metrics for each program: (1) Average number of shipping errors per shipment, rounded to two decimal places. 720,000 200 Procedure A: error per shipment Procedure B: error per shipment (2) Hours from ordered to delivered, rounded to one decimal place. hours from ordered to delivered hours from ordered to delivered Procedure A: Procedure B: (3) Average pounds of goods per shipment. Procedure A: lbs. of goods per shipment Procedure B: lbs. of…
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.)
The following table lists the components needed to assemble an end Item, lead times (In weeks), and quantitles on hand. Amount on Hand Item Lead Time Direct Components End L(2), C(1), K(3) B(2), (3) G(2), B(2) H(4), B(2) 6. C. K. 4. 13 4' 18 33 4 26 4. H. Click here for the Excel Data Fle 6. If 43 units of the end Item are to be assembled, how many additional units of B are needed? (Hint You don't need to develop an MRP plan.) Additional units
Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time Wait time (from order to start of production) Process time Move time Queue time Required: 0.6 days 17.1 days 3.1 days 1.2 days 4.5 days 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 nearest 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 percentage answer to 1…
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
Santoyo Corporation keeps careful track of the time required to fill orders. Data concerning a particular order appear below: Wait time. Process time Inspection time Hours 28.0 1.0 0.4 3.2 5,1 Move time Queue time The delivery cycle time was: (Round your intermediate calculations to 1 decimal plate.)
Pinkton Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Hours 3.6 13.3 5.1 0.5 0.2 Move time Wait time Queue time Process time Inspection time The delivery cycle time was:
Answer with explanation
The creative designer at your company has promised to reduce all design faults by one third over the entire shift cycle from 0800 to 0800. If this initiative is successful, what would be the total number of design faults over the same period of time?