Management of Mittel Rhein AG of Köln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time Wait time (from order to start of production) Process time Move time Queue time Required: 1. Compute the throughput time. (Round your answer to 1 decimal place.) 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) 3. What percentage of the throughput time was spent in non-value-added activities? (Round your percentage answer to nearest whole percent.) 4. Compute the delivery cycle time. (Round your intermediate calculations and final answer to 1 decimal place.) 5. If by using Lean Production all queue time during production is eliminated, what will be the new MCE? (Round your percentage answer to 1 decimal place.) 1. Throughput time 2. Manufacturing…

Management of Mittel Company wants to reduce the elapsed time from when a customer places an order to when it is shipped. It provided the following data for a recent quarter: Inspection time Wait time (from order to start of production) Process time Move time Queue time Required: 1. Compute the throughput time. Note: Round your answer to 1 decimal place. 1. Throughput time 2. Manufacturing cycle efficiency 3. Non-value-added throughput time 4. Delivery cycle time 5. New manufacturing cycle efficiency 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. Note: Round your percentage answer to nearest whole percent. 3. What percentage of the throughput time was spent in non-value-added activities? Note: Round your percentage answer to nearest whole percent. 4. Compute the delivery cycle time. Note: Round your intermediate calculations and final answer to 1 decimal place. 5. If using Lean Production eliminates all queue time, what will be the new MCE? Note: Do not round…

QUESTION 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.

What is the mfg cycle efficiency?

Question 3 WONDER Ltd maker of quality pens has experienced a steady growth in sales for the past five years. However, increased competition has led the Managing Director of WONDER Ltd to believe that an aggressive advertising campaign will be necessary next year to maintain the company's present growth. To prepare for next advertising campaign, the company's accountant has prepared and presented to the Managing Director the following data for the current year 2020. COST SCHEDULE Variable cost per pen: Direct labour Direct material Variable overhead Total Variable Costs Fixed Cost: Manufacturing Selling Administrative Total Fixed Costs £ 8.00 3.25 2.50 13.75 25,000 40,000 70,000 135,000 Selling price £25 Expected sales 2020 (20,000units) £500,000 Tax Rate 20% The Managing Director has set a target for 2021 at a level of £550,000 (or 22,000 pens) Required: a. What is the projected after-tax net income for 2020? b. What is the break-even point in unit for 2020? c. The Managing Director…

Question 3 WONDER Ltd maker of quality pens has experienced a steady growth in sales for the past five years. However, increased competition has led the Managing Director of WONDER Ltd to believe that an aggressive advertising campaign will be necessary next year to maintain the company's present growth. To prepare for next advertising campaign, the company's accountant has prepared and presented to the Managing Director the following data for the current year 2020. COST SCHEDULE Variable cost per pen: Direct labour Direct material Variable overhead Total Variable Costs Fixed Cost: Manufacturing Selling Administrative Total Fixed Costs £ 8.00 3.25 2.50 13.75 Required: 25,000 40,000 70,000 135,000 Selling price £25 Expected sales 2020 (20,000units) £500,000 20% Tax Rate The Managing Director has set a target for 2021 at a level of £550,000 (or 22,000 pens) d. What will be the break-even point in pound sales for 2021 if the additional £11,250 is spent? e. If the additional £11,250 is…

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Exercise 20.3 (Algo) Computing Required Sales Volume (LO20-4, LO20-5) The following is information concerning a product manufactured by Ames Brothers. Sales price per unit Variable cost per unit Total fixed manufacturing and operating costs (per month) 78 43 430,000 ces a. Determine the unit contribution margin. b. Determine the number of units that must be sold each month to break even. (Round your answer to the nearest whole number.) c. Determine the number of units that must be sold to earn an operating income of $234,000 per month. (Round your answer to the nearest whole number.) a. Unit contribution margin b. Break-even units C. Target sales in units 23 NOV 11 itv li 1 W %24 ...

Print Item Question Content Area Contribution Margin, Break-Even Sales, Cost-Volume-Profit Chart, Margin of Safety, and Operating Leverage Wolsey Industries Inc. expects to maintain the same inventories at the end of 20Y3 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:   EstimatedFixed Cost   Estimated Variable Cost(per unit sold) Production costs:             Direct materials —   $46       Direct labor —   40       Factory overhead $200,000     20     Selling expenses:             Sales salaries and commissions 110,000     8       Advertising 40,000     —       Travel 12,000     —       Miscellaneous selling expense 7,600     1     Administrative expenses:             Office and…