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Question - Data Screen Corporation is a highly automated manufacturing firm. The vice president of finance has decided that traditional standards are inappropriate for performance measures in an automated environment. Labor is insignificant in terms of the total cost of production and tends to be fixed, material quality is considered more important than minimizing material cost, and customer satisfaction is the number one priority. As a result, production and delivery performance measures have been chosen to evaluate performance. The following information is considered typical of the time involved to complete and ship orders.
Waiting time: From order being placed to start of production17days From start of production to completion16days Inspection time3.0days Processing time6.0days Move time4.0days
1. Calculate the manufacturing cycle efficiency. (Round your percentage answer to 1 decimal point).
2. Calculate the delivery cycle time (round your answer to the nearest whole number).
What is the amount of the payments that Ned Winslow must make at the end of each of 8 years to accumulate a fund of $90,000 by the end of the eight year, if the fund earns 8% interest, compounded annually?
Complete the statement of changes in retained earnings for the year ended December
If a gain of $9,000 is incurred in selling (for cash) office equipment having a book value of $55,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is:
Carlos Company had beginning inventory of $80,000, ending inventory of $110,000, cost of goods sold of $285,000, What is Carlos' days in inventory
Many years ago, Jack purchased 400 shares of Canary stock. During the current year, the stock became worthless. It was determined that the company "went under" because several corporate officers embezzled a large amount of company funds. Identify ..
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