Manufacturing cycle efficiency

Assignment Help Financial Accounting
Reference no: EM131202227

MANUFACTURING CYCLE EFFICIENCY

Kurena Company provided the following information on one of its factories:

Maximum units produced in a quarter: 180,000 units

Actual units produced in a quarter: 112,500 units

Hours of production labour in a quarter: 30,000 hours

Theoretical cycle time: 10 minutes per unit

Actual cycle time: 16 minutes per unit

Required:

Calculate the amount of processing time per unit and the amount of time per unit.

Calculate the MCE.

Reference no: EM131202227

Questions Cloud

Prepare flexible budget report : Ahmad Company uses a flexible budget for manufacturing overhead based on machine hours. Variable manufacturing overhead costs per machine hour are as follows: Prepare a flexible budget report, assuming that the company used 3,000 machine hours during..
Information regarding allowance for uncollectible accounts : Floppy Corp. has the following information regarding its allowance for uncollectible accounts. Allowance for Uncollectible Accounts & provision for Uncollectible Accounts for the 2014 & 2015: Balance December 31, 2014 $31,000 Write-offs during 2015 (..
Create the cafr on quarterly basis and release it to public : Timeliness and transparency in government has become such an important issue with so many governmental entities in such poor financial condition. Do you think that governments should have to create the CAFR on a quarterly basis and release it to the ..
Sweet pet has depreciated fixtures on straight-line basis : On January ?2, 2014?, Sweet Pet purchased fixtures for $52,200 ?cash, expecting the fixtures to remain in service for six years Sweet Pet has depreciated the fixtures on a? straight-line basis, with $9,000 residual value. On July 31?, 2016?, Sweet Pe..
Manufacturing cycle efficiency : Kurena Company provided the following information on one of its factories: Maximum units produced in a quarter: 180,000 units. Calculate the amount of processing time per unit and the amount of time per unit. Calculate the MCE.
Setting transfer prices-market price versus full cost : Red Deer Electronics Inc. manufactures a variety of printers, scanners, and fax machines in its two divisions: the PSF Division and the Components Division. The Components Division produces electronic components that can be used by the PSF Division. ..
Using the predetermined overhead rate : Dacosta Company had only one job in process on May 1. The job had been charged with $1,800 of direct materials, $6,966 of direct labor, and $9,936 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overh..
Uses direct labor-hours in its predetermined overhead rate : Crichman Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 14,900 hours and the total estimated manufacturing overhead was $362,070. At the end of the year, act..
Manufacturing overhead costs in product costs ensures : Including manufacturing overhead costs in product costs ensures that each product will earn a profit. Normally a job cost sheet is not prepared for a job until after the job has been completed. In a job-order costing system, the incurrence of indirec..

Reviews

Write a Review

Financial Accounting Questions & Answers

  What political and business risks and rewards

What political and business risks and rewards are associated with global business operations. Also, how does the monetary exchange impact the rates on corporate profits.

  Determine the percentage increase net sales and net income

Determine the percentage increase (decrease) in (i) net sales and (ii) net income from 2009 to 2010. What conclusions concerning the two companies can be drawn from these data?

  Journalize the march transactions

Journalize the March transactions - Record entries in the order displayed in the problem statement. Credit account titles are automatically indented when amount is entered. Do not indent manually.

  Bias and uncertainty in the reporting process

In financial statements,readers are aware of the manifestations of bias and uncertainty when analysts and managers prepare their reports. Discuss what you think is meant by bias and uncertainty in the reporting process.

  The need for adjusting entries is based

The need for adjusting entries is based on:

  What is cost of abnormal loss

If the costs per equivalent unit are $2.50 and $4.50 for direct material and conversion, respectively, what is the cost of ending inventory? What is the cost of abnormal loss? How is this cost treated in May

  Lemmings end-of-period adjusting entry

Lemming makes an $18,750, 120-day, 8% cash loan to Notions Co. on November 2. Lemming's end-of-period adjusting entry on December 31 should be:

  Types of executive compensation arrangements

Ajax Corporation is a young high-growth company engaged in the manufacture and distribution of automotive parts. Its common stock has doubled in value since the company was listed on the NASDAQ exchange about two years ago. Ajax currently has a high ..

  Calculate the difference between cash flow

Calculate the difference between cash flow from operations and net income for each company for 2009 and 2010

  Prepare a budgeted balance sheet at december 31-2008

Prepare a budgeted income statement and a budgeted statement of retained earnings for the year ended December 31, 2008, using absorption costing.

  Receives the stock dividend

How much income must Tillie recognize when she receives the stock dividend

  Actual total overhead cost incurred for the period

Alvarez Company’s output for the current period yields a $20,000 favorable overhead volume variance and a $60,400 unfavorable overhead controllable variance. Standard overhead charged to production for the period is $225,000. What is the actual total..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd