Answer B for thumbs upSandhill Industries makes and sells two types of outdoor canvas canopies. Sandhill has provided you with the following timelineinformation stated in hours for its two products: Standard and Deluxe.StandardDeluxeOrder processed1.001.00Lag time before production begins25.0011.00Materials moved to production floor from warehouse0.560.56Assembly of product13.0012.00Materials moved within assembly from operation to operation0.560.56Lag time between assembly and packaging6.005.00Load and ship canopies1.001.00(a)Your answer is correct.Calculate the manufacturing cycle time for each product. (Round answers to 2 decimal place, e.g. 12.52.)StandardDeluxeManufacturing Cycle Time21.12 hours19.12 hoursYour answer is incorrect.Calculate the manufacturing cycle efficiency for each product. (Round answers to 1 decimal places, e.g. 12.5.)StandardDeluxeManufacturing Cycle Efficiency%(b)

Manufacturing cycle efficiency is the efficiency percentage of the activities which are essentially…

Answered: Calculate the manufacturing cycle…

Business

Accounting

Calculate the manufacturing cycle efficiency for each product.

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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Q3 Sohar Food Manufacturing Co. manufactures a nutrient. Everlife, through two manufacturing processes: Blending and Packaging. All materials are entered at the beginning of each process. On August 1, 2019, inventories consisted of raw materials $5,000; Work-in-process -Blending $0 and Work-in-process-Packaging $3,945 and Finished goods $7,500. During August 9,000 units were started into production in Blending and the following transactions were completed. During August, the following transactions occurred. 1. Purchased $75,000 of raw materials on account. 2. Incurred $62,310 of factory labor. (Credit Wages Payable.) 3. Incurred $124,500 of manufacturing overhead; $120,000 on account. 4. Requisitioned materials for Blending $56,790 and Packaging $21,420. 5. Used factory labor for Blending $39,960 and Packaging $22,350. 6. Applied overhead at the rate of $30 per machine hour. Machine hours were Blending 2700 and Packaging 900. 7. Transferred goods costing $134,820 from the…
Answer C, and D Better Choice Foods makes a single product using two processes. Quality control check takes place during the process, at which point, rejected units are separated from good units. The following details relate to production for the month of April 20X9, for Process 2. Work-in-process, beginning inventory: -0- Transfer from Process 1: 15,000 units valued at $51.40 each Other manufacturing costs incurred during April: Direct material added $513,000 Direct labour $365,000 Manufacturing overhead $211,000 Manufacturing overhead $211,000 4. Normal losses were estimated to be 5% of input during the period. Losses from Process 2 are deemed to be scrap and sold at $40 per unit. 5. At inspection 1,750 units were rejected as scrap. These units had reached the following degree of completion: Input…
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Answer A and B only Better Choice Foods makes a single product using two processes. Quality control check takes place during the process, at which point, rejected units are separated from good units. The following details relate to production for the month of April 20X9, for Process 2. Work-in-process, beginning inventory: -0- Transfer from Process 1: 15,000 units valued at $51.40 each Other manufacturing costs incurred during April: Direct material added $513,000 Direct labour $365,000 Manufacturing overhead $211,000 Manufacturing overhead $211,000 4. Normal losses were estimated to be 5% of input during the period. Losses from Process 2 are deemed to be scrap and sold at $40 per unit. 5. At inspection 1,750 units were rejected as scrap. These units had reached the following degree of completion: Input…
The manufacturing operations of Cullumber, Inc. had the followInventoriesRaw MaterialsWork in ProcessFinished GoodsJanuary 1Cost of goods sold$15.36026,88017,920GA$January 31Cullumber transferred $371,200 of completed goods out of WoCompute the cost of goods sold.Tavthook and Media$16.64029,44020,480 Please don't provide solutions in an image format thank you
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