L
Lisa M
Guest
Wait time – 10 hours
Inspection time – 1 hour
Processing time – 36 hours
Move time – 1.5 hours
What is the manufacturing cycle time? I have it as A.
A. 36 hours C. 47 hours
B. 46 hours D. 48.5 hours
What is manufacturing cycle efficiency? (Round your answer to the nearest percent.) I have it as A.
A. 74% C. 84%
B. 79% D. 86%
Actual variable-overhead expenses were $33,750 for production of 6,000 units. Variable overhead is applied at a rate of $3.00 per direct labor hour, two direct labor hours are budgeted for each unit, and 11,990 direct labor hours were incurred. What is the total variable-overhead variance? I have it as C.
A. $2,250 F C. $2,220 F
B. $2,250 U D. $2,220 U
Division A Division B Division C
Revenues $15,000 $15,000 $20,000
Variable Costa $12,000 $10,000 $8,000
Contribution Margin $3,000 $5,000 $12,000
Traceable Fixed Costs $2,000 $2,000 $8,000
Common fixed costs of $6,000 are divided equally among divisions.
What is the company’s monthly net income? I have it as B.
A. $12,000 C. $6,000
B. $8,000 D. $2,000
What is the monthly net income for Division A? I have it as B.
A. $2,000 C. ($4,000)
B. $1,000 D. ($1,000)
January 15,000 bags
February 12,000 bags
March 16,000 bags
If the company maintains 10% of the next month’s forecasted sales in inventory, what is the projected production for January? I have it as C.
A. 14,700 C. 16,200
B. 15,000 D. 17,500
Thanks so much for your advise and Merry Christmas!!
Inspection time – 1 hour
Processing time – 36 hours
Move time – 1.5 hours
What is the manufacturing cycle time? I have it as A.
A. 36 hours C. 47 hours
B. 46 hours D. 48.5 hours
What is manufacturing cycle efficiency? (Round your answer to the nearest percent.) I have it as A.
A. 74% C. 84%
B. 79% D. 86%
Actual variable-overhead expenses were $33,750 for production of 6,000 units. Variable overhead is applied at a rate of $3.00 per direct labor hour, two direct labor hours are budgeted for each unit, and 11,990 direct labor hours were incurred. What is the total variable-overhead variance? I have it as C.
A. $2,250 F C. $2,220 F
B. $2,250 U D. $2,220 U
Division A Division B Division C
Revenues $15,000 $15,000 $20,000
Variable Costa $12,000 $10,000 $8,000
Contribution Margin $3,000 $5,000 $12,000
Traceable Fixed Costs $2,000 $2,000 $8,000
Common fixed costs of $6,000 are divided equally among divisions.
What is the company’s monthly net income? I have it as B.
A. $12,000 C. $6,000
B. $8,000 D. $2,000
What is the monthly net income for Division A? I have it as B.
A. $2,000 C. ($4,000)
B. $1,000 D. ($1,000)
January 15,000 bags
February 12,000 bags
March 16,000 bags
If the company maintains 10% of the next month’s forecasted sales in inventory, what is the projected production for January? I have it as C.
A. 14,700 C. 16,200
B. 15,000 D. 17,500
Thanks so much for your advise and Merry Christmas!!