Question

The Otero Manufacturing Company collected the following information (in days): April Transporting product 2.8 Processing product...

The Otero Manufacturing Company collected the following information (in days):

April
Transporting product 2.8
Processing product 14.8
Inspecting product 2.1
Storing product 6.8


What is the manufacturing cycle time?

Homework Answers

Answer #1
Answer
Otero Manufacturing Company
Ans: Manufacturing Cycle Time is 23.7 (in days)
Working :
Particular Time (in days)
a. Processing product 14.8
Add : b. Inspecting product 2.1
Add : c. Storing product 6.8
Manufacturing Cycle Time (a+b+c) 23.7
Note: Cost of transporting product not Considered as the Cost incurred to acquire the raw materials before commencement of Manufacturing Process.

Please Like !!!

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Calculating Manufacturing Cycle Efficiency Indy Company has the following data for one of its manufacturing plants:...
Calculating Manufacturing Cycle Efficiency Indy Company has the following data for one of its manufacturing plants: Maximum units produced in a quarter (3-month period): 250,000 units Actual units produced in a quarter (3-month period): 198,000 units Productive hours in one quarter: 25,000 hours The actual cycle time for Indy Company is 7.58 minutes, and the theoretical cycle time is 6 minutes. Required: 1. Calculate the amount of processing time and the amount of nonprocessing time. If required, round your answers...
The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead....
The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead. April 1 Inventory balances Raw materials $ 124,400 Work in process 118,000 Finished goods 76,800 April 30 Inventory balances Raw materials $ 86,600 Work in process 146,800 Finished goods 80,600 During April Costs of raw materials purchased $ 118,200 Costs of direct labor 101,100 Costs of manufacturing overhead 61,300 Sales revenues 360,000     Required Prepare a schedule of cost of goods manufactured and sold....
The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,000...
The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,000 $13,500 Work in process inventory 4,500 3,000 Materials purchased in April $97,500 Direct labor in April 79,500 Manufacturing overhead in April 155,000 Prepare the cost of goods manufactured schedule for the month of April.
The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,300...
The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,300 $13,900 Work in process inventory 4,930 3,850 Materials purchased in April $98,500 Direct labor in April 79,900 Manufacturing overhead in April 162,000 Prepare the cost of goods manufactured schedule for the month of April.
The following information is available for Rolen Manufacturing Company. April 1 April 30 Raw materials inventory...
The following information is available for Rolen Manufacturing Company. April 1 April 30 Raw materials inventory $10,000 $14,000 Work in process inventory 5,000 3,500 Materials purchased in April $98,000 Direct labour in April 60,000 Manufacturing overhead in April 180,000 Prepare the cost of goods manufactured schedule for the month of April. ROLEN MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Month Ended April 30 select an item                                       ...
Do it! Review 14-3 The following information is available for Tomlin Company. April 1 April 30...
Do it! Review 14-3 The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,000 $14,000 Work in process inventory 5,000 3,500 Materials purchased in April $98,000 Direct labor in April 80,000 Manufacturing overhead in April 160,000 Prepare the cost of goods manufactured schedule for the month of April. TOMLIN COMPANY Cost of Goods Manufactured Schedule $ $ : $ : $
Madison Corporation's production cycle starts in the Processing Department. The following information is available for May:...
Madison Corporation's production cycle starts in the Processing Department. The following information is available for May: Units Work-in-process, May 1 (30% complete) 80,000 Total units in process during May 340,000 Work-in-process, May 31 (80% complete) 30,000 Materials are added at the beginning of the process in the Processing Department. What are the equivalent units of production for the month of April, assuming Madison uses the weighted-average method?
Perform a working capital analysis with the following internal company information for a new product to...
Perform a working capital analysis with the following internal company information for a new product to be marketed. Supplies will be purchased from a supplier for $ 45,000 and there are 45 days of credit. The replacement is made every two months. Customer A is projected to purchase $ 20,000 each month and is awarded 60 days of credit. Client B is projected to purchase $ 10,000 each month and is granted 30 days of credit. Indicate which months of...
Example: A company has the following data for one of its manufacturing cells: Theoretical velocity 20...
Example: A company has the following data for one of its manufacturing cells: Theoretical velocity 20 units per hour Productive minutes available per year 1,200,000 Annual conversion cost $4,800,000 Actual velocity 15 units per hour Actual cycle time = 60 minutes/15 units = 4 minutes per unit Standard cost per minute = $4 per minute Actual conversion cost per unit = $4 × 4 = $16 per unit Theoretical cycle time = 60 minutes/20 units = 3 units per hour...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing...
Tierney Company begins operations on April 1. Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Number April May June Month Completed 10 $5,700 $5,800 May 11 4,700 4,100 $4,000 June 12 2,100 April 13 6,300 4,600 June 14 6,600 3,800 Not complete Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT