Prakesh Company has the following data for one of its manufacturing cells: Maximum units produced in a month: 62,500 units Actual units produced in a month: 56,250 units Hours of production labor in one month: 10,000 hours Required: 1.  Compute the theoretical cycle time. Round

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Prakesh Company has the following data for one of its manufacturing cells:

Maximum units produced in a month: 62,500 units
Actual units produced in a month: 56,250 units
Hours of production labor in one month: 10,000 hours

Required:

1.  Compute the theoretical cycle time. Round your answer to the nearest whole minute.
fill in the blank 1 minutes per unit

2.  Compute the actual cycle time. Round your answer to the nearest whole minute.
fill in the blank 2 minutes per unit

3.  Compute the theoretical velocity. Round your answer to the nearest whole unit.
fill in the blank 3 units per hour

4.  Compute the actual velocity. Round your answer to the nearest whole unit.
fill in the blank 4 units per hour

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