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7. Some tasks and the order in which they must be performed according to their assembly requirements are shown in the following table. These are to be combined into workstations to create an assembly line. The assembly line operates 71⁄2 hours per day. The output requirement is 1,000 units per day. Preceding Time Preceding Time Task Tasks (Seconds) Task Tasks (Seconds) A - 15 G C 11 B A 24 H D 9 C A 6 I E 14 D B 12 J F, G 7 E B 18 K H, I 15 F C 7 L J, K 10 a. What is the workstation cycle time required to produce 1,000 units per day? b. Balance the line using the longest task time based on the 1,000-unit forecast, stating which tasks would be done in each workstation. c. For (b), what is the effi ciency of your line balance, assuming it is running at the cycle time from part (a)? d. After production was started, Marketing realized that it understated demand and must increase output to 1,100 units. What action would you take? Be specifi c and quantitative in your answer. 8. An initial solution has been given to the following workcenter layout problem. Given the fl ows described and a cost of $2.00 per unit per foot, compute the total cost for the layout. Each location is 100 feet long and 50 feet wide as shown in the following fi gure. Use the centers of departments for distances and measure distance using metropolitanrectilinear distance. Department A B C D A 0 10 25 55 1009 1009 1009 Department B 0 10 5 509 A B C 509 C 0 15 D 509 D 0 FACILITY LAYOUT
What do you think would be an acceptable return on investment in the current economic climate? Please explain.
Indicate the Financial Reporting Standard applicable on joint ventures. Summarize the important features of that specific FRS.
Steins would cost $15.00 each with a minimum order of 200 steins. If the venture is undertaken and a order is placed for 200 steins what would be the break even-point in units and sales?
Determine operating income for 20X7, assuming the firm uses the variable-costing approach to product costing. (Do not prepare a statement.)
An engineering and heavy contruction contractor repairs and renovates streets, airport runways bridges and other real property that have fallen into disrepair. If the contractor does not build an entire building, is DPAD available? Would the recei..
A non profit company sells a pair of shoe that has a cost of $2.00 for the price of $102.00. The gross profit is 100%. The tax libility is 37%. What is the formula to reduce the tax liability to 0%
Mancini manufactures embroideered jackets. The company prepares flexible budgets and uses standard cost system to control manufacturing costs. The standard unit cost of a jacket is based on static budget volume of 14,000 jackets per month.
Derrick Lee just received a signing bonus of $1,000,000. His plan is to invest this payment in a fund that will earn 6%, compounded annually. (Hint: Use tables in text.)
Indicating the outcome of such a change on current taxes, and Outlining the requirements for making this change.
Kyle sold land on the installment basis for $100,000. His basis in the land was $70,000. Kyle received a $40,000 down payment and a real estate installment sale contract calling for $60,000 in additional payments in future years.
Indiana Co. began a construction project in 2011 that will provide it $150 million when it is completed in 2013. During 2011, Indiana incurred $36 million of costs and estimates an additional $84 million of costs to complete the project.
What is the purpose of engagement planning? What critical information should the auditor consider during engagement planning? How will this information affect the scope of the audit?
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