Actions that transform a traditional manufacturing environment to a lean environment include all of the following...
Actions that transform a traditional manufacturing environment to a lean environment include all of the following except
a.train employees to perform various operations
b.form partnerships with reliable suppliers
c.reorganize manufacturing around products rather than processes
d.increase raw materials and finished goods inventories
Homework Answers
| Actions that transform a traditional manufacturing environment to a lean environment include all of the following except increase raw materials and finished goods inventories |
| Lean environment aims at reducing inventories and achieving a higher inventory turnover rate. |
| Activities not adding value are eliminated and cooperative relationships are established with vendors. |
| Option D is correct |
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Actions that transform a traditional manufacturing environment
to a lean environment include all of the following...
Calculate Lead Time Flint Fabricators Inc. machines metal parts for the automotive industry. Under the traditional...
Calculate Lead Time Flint Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machined through two processes: milling and finishing Parts are produced in batch sizes of 65 parts. A part requires 5 minutes in milling and 8 minutes in finishing. The move time between the two operations for a complete batch is 9 minutes Under the lean philosophy, the part is produced in a cell that includes both the milling and...
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Evaluation and testing of controls at Hales Ltd Tyrone has provided a narrative of controls over...
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Evaluation and testing of controls at Hales Ltd Tyrone has provided a narrative of controls over...
Evaluation and testing of controls at Hales Ltd Tyrone has provided a narrative of controls over inventory at Hales Ltd and would like you to provide some advice on making the preliminary control risk assessment. Hales is a distributor of haircare products, including shampoos, conditioners and styling products throughout Australia. Hales uses an on-line ordering system. Hales does not manufacture any goods in house, instead, an inventory of raw materials is kept, with manufacturing being outsourced to other companies. Hales...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods beginning balance ending balance $45,000 $37,500 $22,500 $15,000 $67,500 $87,000 Additional information : Raw materials purchased $ 105,000 Direct manufacturing labor payroll (DL cost) $ 75,000 Direct manufacturing wage rate per hour $ 12/DLH Predetermined overhead rate per direct labor hour $ 16/DLH How much was the Raleigh's unadjusted cost of goods sold for the period? (All answers are whole numbers -- unless specified...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods beginning balance $36,000 $22,500 $67,500 ending balance $37,500 $15,000 $93,000 151 Additional Information: Raw materials purchased $ 105,000 Direct manufacturing labor payroll (DL cost) $ 75,000 Direct manufacturing wage rate per hour $ 12/DLH Predetermined overhead rate per direct labor hour $ 16/DLH How much was the Raleigh's unadjusted cost of goods sold for the period? (All answers are whole numbers -- unless specified...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods beginning balance $39,000 $22,500 $67,500 ending balance $37,500 $15,000 $94,000 Additional information: Raw materials purchased $ 105,000 Direct manufacturing labor payroll (DL cost) $ 75,000 Direct manufacturing wage rate per hour $ 12/DLH Predetermined overhead rate per direct labor hour $ 16/DLH How much was the Raleigh's unadjusted cost of goods sold for the period? (All answers are whole numbers -- unless specified otherwise....
A company had the following operations: Help Inventories beginning balance ending balance Raw materials (all direct)...
A company had the following operations: Help Inventories beginning balance ending balance Raw materials (all direct) $34,000 $37,500 Work in process $22,500 $15.000 Finished goods $67,500 $88,000 Additional information: Raw materials purchased $ 105,000 Direct manufacturing labor payroll (DL cost) $ 75,000 Direct manufacturing wage rate per hour $ 12/DLH Predetermined overhead rate per direct labor hour $ 16/DLH How much was the Raleigh's unadjusted cost of goods sold for the period? (All answers are whole numbers -- unless specified...
g. Which of the following are included in manufacturing overhead? 1) All direct material, direct labour,...
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Please indicate whether the following statements are true or false by circling a T or an...
Please indicate whether the following statements are true or false by circling a T or an F 1. Direct and indirect materials may both come from the same source 0 0 2. Factory overhead includes the cost of selling and advertising the product | 0 3. Fixed costs remain constant in total, the average fixed costs becomes progressively smaller as the level of activity increases 0 0 4. Work in process represent goods that have some or all raw materials,...
Calculate Lead Time Flint Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machined through two processes: milling and finishing Parts are produced in batch sizes of 65 parts. A part requires 5 minutes in milling and 8 minutes in finishing. The move time between the two operations for a complete batch is 9 minutes Under the lean philosophy, the part is produced in a cell that includes both the milling and...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods beginning balance ending balance $45,000 $37,500 $22,500 $15,000 $67,500 $87,000 Additional information : Raw materials purchased $ 105,000 Direct manufacturing labor payroll (DL cost) $ 75,000 Direct manufacturing wage rate per hour $ 12/DLH Predetermined overhead rate per direct labor hour $ 16/DLH How much was the Raleigh's unadjusted cost of goods sold for the period? (All answers are whole numbers -- unless specified...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods beginning balance $36,000 $22,500 $67,500 ending balance $37,500 $15,000 $93,000 151 Additional Information: Raw materials purchased $ 105,000 Direct manufacturing labor payroll (DL cost) $ 75,000 Direct manufacturing wage rate per hour $ 12/DLH Predetermined overhead rate per direct labor hour $ 16/DLH How much was the Raleigh's unadjusted cost of goods sold for the period? (All answers are whole numbers -- unless specified...
A company had the following operations: Inventories Raw materials (all direct) Work in process Finished goods beginning balance $39,000 $22,500 $67,500 ending balance $37,500 $15,000 $94,000 Additional information: Raw materials purchased $ 105,000 Direct manufacturing labor payroll (DL cost) $ 75,000 Direct manufacturing wage rate per hour $ 12/DLH Predetermined overhead rate per direct labor hour $ 16/DLH How much was the Raleigh's unadjusted cost of goods sold for the period? (All answers are whole numbers -- unless specified otherwise....
A company had the following operations: Help Inventories beginning balance ending balance Raw materials (all direct) $34,000 $37,500 Work in process $22,500 $15.000 Finished goods $67,500 $88,000 Additional information: Raw materials purchased $ 105,000 Direct manufacturing labor payroll (DL cost) $ 75,000 Direct manufacturing wage rate per hour $ 12/DLH Predetermined overhead rate per direct labor hour $ 16/DLH How much was the Raleigh's unadjusted cost of goods sold for the period? (All answers are whole numbers -- unless specified...
Please indicate whether the following statements are true or false by circling a T or an F 1. Direct and indirect materials may both come from the same source 0 0 2. Factory overhead includes the cost of selling and advertising the product | 0 3. Fixed costs remain constant in total, the average fixed costs becomes progressively smaller as the level of activity increases 0 0 4. Work in process represent goods that have some or all raw materials,...
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