1.
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 comprises process time, inspection time, move time, and queue time. Wait time is not a part of throughput time.
The throughput time.
2.
Introduction: The manufacturing cycle refers to the amount of time in the manufacturing process that is spent on enriching or improving the product. It is the time taken by an organization to convert raw material into finished goods. Manufacturing cycle time includes material movement time, loading time, idle waiting time, machining and assembly time, inspection time, and so on.
The manufacturing cycle efficiency for the given quarter.
3.
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 throughput time is made up of four elements. It is the total of process time, inspection time, move time, and queue time.
The percentage of throughput time spent in activities that are non-value added.
4.
Introduction: Delivery cycle time is the total time required to produce as well as deliver the product to the customers. 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.
5.
Introduction: The manufacturing cycle refers to the amount of time in the manufacturing process that is spent on enriching or improving the product. It is the time taken by an organization in order to convert raw material into finished goods. Manufacturing cycle time includes material movement time, loading time, idle waiting time, machining and assembly time, inspection time, and so on.
The new MCE if by using Lean Production the queue time of production is eliminated.
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MANAGERIAL ACCOUNTING F/MGRS.
- Give fast answer don't use aiarrow_forwardContribution margin, break-even sales, cost-volume-profit chart, margin of safety, and operating leverage Belmain Co. expects to maintain the same inventories at the end of 20Y7 as at the beginning of the year. The total of all production costs for the year is therefore assumed to be equal to the cost of goods sold. With this in mind, the various department heads were asked to submit estimates of the costs for their departments during the year. A summary report of these estimates is as follows: It is expected that 12,000 units will be sold at a price of 240 a unit. Maximum sales within the relevant range are 18,000 units. Instructions 1. Prepare an estimated income statement for 20Y7. 2. What is the expected contribution margin ratio? 3. Determine the break-even sales in units and dollars. 4. Construct a cost-volume-profit chart indicating the break-even sales. 5. What is the expected margin of safety in dollars and as a percentage of sales? (Round to one decimal place.) 6. Determine the operating leverage.arrow_forward(Appendix 11A) Balanced Scorecard The following list gives a number of measures associated with the Balanced Scorecard: a. Number of new customers b. Percentage of customer complaints resolved with one contact c. Unit product cost d. Cost per distribution channel e. Suggestions per employee f. Warranty repair costs g. Consumer satisfaction (from surveys) h. Cycle time for solving a customer problem i. Strategic job coverage ratio j. On-time delivery percentage k. Percentage of revenues from new products Required: 1. Classify each performance measure as belonging to one of the following perspectives: financial, customer, internal business process, or learning and growth. 2. Suggest an additional measure for each of the four perspectives.arrow_forward
- Please help mearrow_forwardProblem 1: The IT corporation produces and markets two types of electronic calculators: Model 11 and model 12. The following data were gathered on activities last month. Model 11 Model 12 Sales in units... Selling price per unit.. Variable production costs per unit.. Traceable fixed production costs.. Variable selling expenses per unit.. Traceable fixed selling expenses....... Allocated division administrative expenses.. $50,000 Prepare a segmented income statement in the contribution format for last month 5,000 $50 $10 $100,000 $5 5,000 3,000 $100 $26 $150,000 $6 7,500 $60,000arrow_forwardThe South Division of Wiig Company reported the following data for the current year. Sales Variable costs Controllable fixed costs Average operating assets 1. 2. 3. Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. Return on Investment $2,950,000 1,947,000 Increase sales by $300,000 with no change in the contribution margin percentage. Reduce variable costs by $155,000. Reduce average operating assets by 4%. Action 1 595,000 (a) Compute the return on investment (ROI) for the current year. (Round ROI to 2 decimal places, e.g. 1.57%.) Action 2 5,000,000 Action 3 (b) Using the ROI formula, compute the ROI under each of the proposed courses of action. (Round ROI to 2 decimal places, e.g. 1.57%.) Return on investment do % % % %arrow_forward
- Please do not give solution in image format thankuarrow_forwardVinubhaiarrow_forwardQuestion 5 of 5 < The South Division of Martinez Company reported the following data for the current year. $3,000,000 2,010,000 605,000 5,000,000 Sales Variable costs Controllable fixed costs Average operating assets Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 1. 2. 3. Increase sales by $300,000 with no change in the contribution margin percentage. Reduce variable costs by $155,000. Reduce average operating assets by 3.00%. (a) Compute the return on investment (ROI) for the current year. (Round ROI to 2 decimal places, e.g. 1.57%.) Return on Investment (b) Using the ROI equation, compute the ROI under each of the proposed courses of action. (Round ROI to 2 decimal places, e.g. 1.57%) Action 1 Action 2 Action 3 Return on investment 20arrow_forward
- LO 9.4Assume you are the department B manager for Marley’s Manufacturing. Marley’s operates under a cost-based transfer structure. Assume you receive the majority of your raw materials from department A, which sells only to department B (they have no outside sales). After calculating the operating income in dollars and operating income in percentage, analyze the following financial information to determine costs that may need further investigationarrow_forwardThe South Division of Bramble Company reported the following data for the current year. Sales Variable costs Controllable fixed costs Average operating assets 1. 2. Top management is unhappy with the investment center's return on investment (ROI). It asks the manager of the South Division to submit plans to improve ROI in the next year. The manager believes it is feasible to consider the following independent courses of action. 3. Return on Investment $2,900,000 Increase sales by $300,000 with no change in the contribution margin percentage. Reduce variable costs by $160,000. Reduce average operating assets by 3.00%. 1,943,000 (a) Compute the return on investment (ROI) for the current year. (Round ROI to 2 decimal places, e.g. 1.57%) Action 1 600,000 5,000,000 Action 2 Action 3 (b) Using the ROI equation, compute the ROI under each of the proposed courses of action. (Round ROI to 2 decimal places, e.g. 1.57%) Return on investment % % 1 % %arrow_forwardQUESTION 4 A company manufactures a single product for which cost and selling price data are as follows: Selling price per unit (RM) Variable cost per unit(RM) Fixed costs per month(RM) Budgeted monthly sales (units) Required: a) Calculate the following: i) ii) iii) iv) v) vi) 12 8 96,000 30,000 The break-even point (in units) and (in sales value) The margin of safety (in units) if the sales is as budgeted. The unit of sales to produce a profit of RM25,200. The profit when 25,000 units were sold. The new break-even point (in sales value) if the variable costs per unit increases to RM9. b) Discuss any TWO (2) limitations of break-even analysis. The new break-even point (in units) if the fixed costs increases to RM110,600 per month, with no change in variable cost per unit.arrow_forward
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