The total maintenance costs of Silver Company in the last four months are presented below: Month Machine hours Maintenance cost January 7, 200 P450, 000 February 6. B00 P422. 000 March 7, 300 P440, 000 April 6, 400 P418. C00 1 lotal hed cost
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- CH11_HW_QA2_PIR Required 1: 1-a. Compute the throughput time for each month. 1-b. Compute the manufacturing cycle efficiency (MCE) for each month. 1-c. Compute the delivery cycle time for each month. (Round your answers to 1 decimal place.) Throughput Time Manufacturing Cycle Efficiency (MCE) Delivery Cycle Time Month 1 days % days Month 2 days % days Month 3 days % days Month 4 days % days Required 3: 3-a. (Month 5) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. 3-b. (Month 6) Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so…1001. Question 36 In applying the high-low method, data from which months should be used? Month Total Cost May June July Aug Miles 51,000 $119,000 50,000 120,000 70,000 141,000 90,000 195,000 O June and August O June and July O May and June O May and AugustQuestion 2 Two products, A and B, are made using similar equipment and methods. The data for last period are:Product A Product BUnits produced 6 000 8 000Labour hours per unit 1 2Machine hours per unit 4 2Set-ups in period 15 45Orders handled in the period 12 60Overheads for Period $Relating to production set-up 179 000Relating to order handling 30 000Relating to machine activity 55 000 264 000 A. Calculate the overheads to be absorbed per unit of each product, based on:i. absorption costing using labour hour absorption rate. ii. an ABC approach using suitable cost drivers. B. Give TWO (2) advantages and TWO (2) disadvantages of the ABC System.