If flom were to eliminate receiving materials inspecting

Assignment Help Accounting Basics

Reference no: EM13597571

Flom corporation is considering the implementation of a JIT inventory system. The company recently analyzed the cycle time to determine the number of days spent in each activity of its production process. A summery of the analysis:

Production activity

Recieving materials 3 days
inspecting materials 3 days
storing materials 10 days
moving materials into production 3 days
setting up production equipment 4 days
cutting materials 3 days
assembling materials 5
painting finished product 2
packaging finished products 1

Flom's total manufacturing cycle time is ?? days.

Flom's Manufacturing efficiency ratio is ?? %

If Flom were to eliminate receiving materials, inspecting materials and storing materials from its cycle, the total manufacturing cycle would be ?? days and its manufacturing efficiency ratio would become %??

Reference no: EM13597571

Questions Cloud

The cost to winsor company of manufacturing 20000 units of : the cost to winsor company of manufacturing 20000 units of a particular part is 255000 of which 100000 is fixed and

Giere manufacturing had a bad year in 2011 for the first : giere manufacturing had a bad year in 2011. for the first time in its history it operated at a loss. the companys

Estimated overhead and direct labor costs for the year were : 25. products that are in the process of being manufactured but are not yet complete are called a raw materials

Fugate energy corp has recently purchased a small local : fugate energy corp. has recently purchased a small local company gleave inc. for 556950 cash. fugates chief accountant

If flom were to eliminate receiving materials inspecting : flom corporation is considering the implementation of a jit inventory system. the company recently analyzed the cycle

Which of the following statements does not describe a : which of the following statements does not describe a characteristic of management accounting?question 1 optionsa

Xyz is considering buying new production equipment the new : xyz produces a water filter that attaches to the faucet and cleans all water that passes through the faucet. revenue

Davenport corporation reported net sales of 800000 cost of : davenport corporation reported net sales of 800000 cost of goods sold of 520000 operating expenses of 210000 and net

Expenses are paid in the month incurred if the company has : expenses are paid in the month incurred. if the company has budgeted to sell 6000 umbrellas in october how much is the

User Account

All Pages