1.
Introduction: Throughput time is the elapsed time from the time of inception of the production process till the goods are dispatched to the customer. The manufacturing cycle refers to the amount of time in the manufacturing process that is spent on enriching or improving the product.
To prepare: The worksheet with the revised data and discuss the reason for the decrease in throughput time, delivery cycle time, and increase in manufacturing cycle efficiency.
2a.
Introduction: Throughput time is the total time required for the completion of a process. For instance, the time required to manufacture machinery from the beginning till its end is the throughput time.
The throughput time.
2b.
Introduction: The manufacturing cycle refers to the amount of time in the manufacturing process that is spent on enriching or improving the product.
Manufacturing cycle efficiency.
2c.
Introduction: The elapsed time from the procurement of a client order until the final product is dispatched is the delivery cycle time.
The delivery cycle time.
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Chapter 12 Solutions
MANAGERIAL ACCOUNTING F/MGRS.
- Subject:-- general accountingarrow_forwardThe Flapjack Corporation had 8,350 actual direct labor hours at an actual rate of $14.50 per hour. Original production had been budgeted for 1,300 units, but only 1,200 units were actually produced. Labor standards were 8.3 hours per completed unit at a standard rate of $16.00 per hour. Compute the direct labor cost variance.arrow_forwardGive me this question solutionarrow_forward
- Excel Applications for Accounting PrinciplesAccountingISBN:9781111581565Author:Gaylord N. SmithPublisher:Cengage Learning
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