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 FOR MANAGERS EBOOK
- Financial Accountingarrow_forwardViippro Systems is a start-up company that makes connectors for high-speed Internet connections. Viippro Systems has budgeted three hours of direct labor per connector, at a standard cost of $16 per hour. During august, technicians actually worked 195 hours completing 71 connectors. All 71 connectors actually produced were sold. Viippro paid the technicians $16.80 per hour. What is Viippro's direct labor cost variance for August?arrow_forwardCompute the net sales on these financial accounting questionarrow_forward
- Excel Applications for Accounting PrinciplesAccountingISBN:9781111581565Author:Gaylord N. SmithPublisher:Cengage Learning
