Compute for throughput time PARE Company produces and sells a special powder named "CC". Actual and Projected sales unitsand contribution margin per unit for the product for the year 2021 are as follows:2021Projected8, 100ActualSales units8, 400Total market (units )54, 00060, 000CM / unitP6P 6.50Assume the same data for PARE Company and the actual data for the years 2021 are as follows: (Assumethat production = units sold)2021P 53.75Sales price/unitMaterials used (kg)Materials cost / kgDirect labor hoursDirect labor cost/hr6, 750P76, 480P 32.50PARE Company monitored the efficiency of processes from receiving customer orders until they areshipped to customers. Average times incurred per order processed are as follows:Time ( in days )2021Wait time4Process time2.Inspection timeMove time1.5.25Queue time.80

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Answered: PARE Company

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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