FUND.ACCT.PRIN.-CONNECT ACCESS
FUND.ACCT.PRIN.-CONNECT ACCESS
25th Edition
ISBN: 9781264217021
Author: Wild
Publisher: MCG
bartleby

Videos

Question
Book Icon
Chapter D, Problem 10QS
To determine

Concept Introduction:

Manufacturing Cycle Time − The Manufacturing Cycle Time is the time duration of manufacturing a product. It is the conversion of a raw material into finished products.

Requirement 1:

The Manufacturing Cycle Time for a Manufacturer

To determine

Concept Introduction:

Value added Time The Value added Time is the process time required for a product to get a specific feature or the value in that particular time of manufacturing.

Requirement 2:

The Value added Time for a manufacturer.

To determine

Concept Introduction:

Non-Value added Time − The Non-Value added Time is the period of manufacturing cycle which comprises of Wait time, Inspection time, Move time and the Queue time. It means, the value in process of manufacturing are not been added. And, the time duration which the non-value added time is taking is a period after the manufacture of a product or services had been done.

Requirement 3:

The Non-Value added Time for a manufacturer.

To determine

Concept Introduction:

Manufacturing cycle efficiency − The Manufacturing cycle efficiency is the time period required in manufacturing of products which has a value once it has attain the final output version.

Requirement 4:

The Manufacturing Cycle Efficiency for a Manufacturing Company.

Blurred answer
Knowledge Booster
Background pattern image
Accounting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
FINANCIAL ACCOUNTING
Accounting
ISBN:9781259964947
Author:Libby
Publisher:MCG
Text book image
Accounting
Accounting
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:Cengage Learning,
Text book image
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Text book image
Horngren's Cost Accounting: A Managerial Emphasis...
Accounting
ISBN:9780134475585
Author:Srikant M. Datar, Madhav V. Rajan
Publisher:PEARSON
Text book image
Intermediate Accounting
Accounting
ISBN:9781259722660
Author:J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:McGraw-Hill Education
Text book image
Financial and Managerial Accounting
Accounting
ISBN:9781259726705
Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:McGraw-Hill Education
alue Chain Analysis EXPLAINED | B2U | Business To You; Author: Business To You;https://www.youtube.com/watch?v=SI5lYaZaUlg;License: Standard Youtube License