FUND.ACCT.PRIN.-CONNECT ACCESS
25th Edition
ISBN: 9781264217021
Author: Wild
Publisher: MCG
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Question
Chapter D, Problem 3P
1.
To determine
Concept Introduction:
Cycle efficiency: It measures the amount of time that is spent in processing as compared to non-value-added time. Non-value-added time includes the time spent moving, inspecting, and waiting.
The total non-value added time using the traditional approach.
2.
To determine
Concept Introduction:
Cycle efficiency: It measures the amount of time that is spent in processing as compared to non-value-added time. Non-value-added time includes the time spent moving, inspecting, and waiting.
The cycle efficiency under the traditional approach.
3.
To determine
Concept Introduction:
Cycle efficiency: It measures the amount of time that is spent in processing as compared to non-value-added time. Non-value-added time includes the time spent moving, inspecting, and waiting.
The total non-value added time using the lean approach.
4.
To determine
Concept Introduction:
Cycle efficiency: It measures the amount of time that is spent in processing as compared to non-value-added time. Non-value-added time includes the time spent moving, inspecting, and waiting.
The cycle efficiency under the traditional approach.
5.
To determine
Concept Introduction:
Cycle efficiency: It measures the amount of time that is spent in processing as compared to non-value-added time. Non-value-added time includes the time spent moving, inspecting, and waiting.
If cycle efficiency is improved in the lean approach.
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Students have asked these similar questions
An allocation base:
a.
can be units of output if the company has a single
product
O b. is determined before the period begins.
O c. All the given answers are correct.
O d. can be direct labor cost
e. is a measure used to assign manufacturing overhead
costs to products and services
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IZ TWO
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Continuous Flow vs. Departmental Manufacturing
Mabbut Company has the following departmental manufacturing layout for one of its plants:
A consulting firm recommended a value stream with the following manufacturing cell:
Required:
1. Calculate the total time it takes to produce a batch of 10 units using the traditional departmental manufacturing layout.
________________________ fill in the blank 1 minutes
2. Using cellular manufacturing, how much time is saved producing the same batch of 10 units?_________________________fill in the blank 2 minutes
Assuming the cell operates continuously, what is the production rate?_________________________fill in the blank 3 units per hour
Which process controls this production rate?
Answer the question
Question 3
Company A uses a traditional system in costing its products. Using this system, the
company allocates all indirect production costs to products in proportion to their direct
labour costs. However, recently the company has been contemplating in switching to an
Activity-Based Costing (ABC) system.
www
Three products are produced: X, Y and Z. Direct costs, indirect costs and cost-driver
activity for each product for a recent month are as follows:
Y
Z
Direct-materials cost
RM20,000
RM 4.000
50,000
RM45,000 RM120,000
RM 1,000 RM 3,000
150,000
Direct-labour cost
Vo ww
Kilowatt hours
200,000
Number of inspections
13
5
Cost Driver
Activity
Materials handling
Quality inspection
Electricity energy
Total indirect production costs
Indirect production cost
RM10,000
RM20,000
RM20,000
RM50,000
Direct-materials cost
Number of inspections
Kilowatt hours
Required:
(a) Compute the total indirect production cost allocated to X, Y and Z using the current
traditional costing…
Chapter D Solutions
FUND.ACCT.PRIN.-CONNECT ACCESS
Ch. D - Prob. 1QSCh. D - Prob. 2QSCh. D - Prob. 3QSCh. D - Prob. 4QSCh. D - Prob. 5QSCh. D - Prob. 6QSCh. D - Prob. 7QSCh. D - Prob. 8QSCh. D - Prob. 9QSCh. D - Prob. 10QS
Ch. D - Prob. 11QSCh. D - Prob. 12QSCh. D - Prob. 13QSCh. D - Prob. 14QSCh. D - Prob. 15QSCh. D - Prob. 1ECh. D - Prob. 2ECh. D - Prob. 3ECh. D - Prob. 4ECh. D - Prob. 5ECh. D - Prob. 6ECh. D - Exercise D-7 Cycle time and cycle efficiency...Ch. D - Prob. 8ECh. D - Prob. 9ECh. D - Prob. 10ECh. D - Prob. 11ECh. D - Prob. 12ECh. D - Prob. 13ECh. D - Prob. 14ECh. D - Prob. 1PCh. D - Prob. 2PCh. D - Prob. 3PCh. D - Prob. 1DQCh. D - Prob. 2DQCh. D - Prob. 3DQCh. D - Prob. 4DQCh. D - Prob. 5DQCh. D - Prob. 6DQCh. D - Prob. 7DQCh. D - Prob. 8DQCh. D - Prob. 9DQCh. D - Prob. 10DQCh. D - Prob. 11DQCh. D - Prob. 12DQCh. D - Prob. 13DQ
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