Use the following information for Brief Exercises 11-23 and 11-24:
Theta Company has the following data for one of its manufacturing plants:
Maximum units produced in a quarter (3-month period): 400,000 units Actual units produced in a quarter (3-month period): 375,000 units Productive hours in one quarter: 20,000 hours
11-23 (Appendix 11A) Calculating Cycle Time and Velocity
Refer to the information for Theta Company above.
Required:
Compute the (1) theoretical cycle time (in minutes), (2) actual cycle time (in minutes), (3) theoretical velocity in units per hour, and (4) actual velocity in units per hour. (Round units to the nearest whole unit.)
Corporate Financial Accounting
Intermediate Accounting: Reporting And Analysis
Financial Accounting
Financial & Managerial Accounting
Accounting Information Systems
Financial And Managerial Accounting
College Accounting, Chapters 1-27
Principles of Macroeconomics (MindTap Course List)
MKTG 12:STUDENT ED.-TEXT
Principles of Microeconomics (MindTap Course List)
Accounting Information Systems
Management, Loose-Leaf Version
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Contemporary Marketing
Essentials of Business Communication (MindTap Course List)
Foundations of Business (MindTap Course List)
Essentials of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Fundamentals of Financial Management (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Financial & Managerial Accounting
College Accounting (Book Only): A Career Approach
Financial Accounting
College Accounting (Book Only): A Career Approach
Accounting (Text Only)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Fundamentals of Financial Management (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
Pkg Acc Infor Systems MS VISIO CD
Principles of Macroeconomics (MindTap Course List)
Exploring Economics
Statistics for Business & Economics, Revised (MindTap Course List)
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Corporate Financial Accounting
Survey of Accounting (Accounting I)
Economics For Today
Microeconomics
Purchasing and Supply Chain Management
Economics (MindTap Course List)
Cornerstones of Cost Management (Cornerstones Series)
Macroeconomics
Practical Management Science
Managerial Accounting
Cornerstones of Financial Accounting
Micro Economics For Today
Understanding Management (MindTap Course List)
Microeconomics: Private and Public Choice (MindTap Course List)
Economics: Private and Public Choice (MindTap Course List)
Macroeconomics: Private and Public Choice (MindTap Course List)