Question

13 Homework (Managerial) * Saved If Toyota Motor Company receives an order on May 5, begins production on May 18, and ships t
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Days in production = May 18 to May 22 both days inclusive
= 5 days
Total cycle time = May 5 to May 22
= 18 days
MCE ratio = Days in production/Total cycle time
= 5/18
= 0.28
If the answer requires MCE in percentage
then, 28%
Hi mate,
I would be grateful to you if you can provide a thumbs up and write one beautiful comment. It will improve my rating and let me continue my journey here.
In case of doubt, please comment. I will consider myself fortunate if I can help you.
All the best for your bright future.
Add a comment
Know the answer?
Add Answer to:
13 Homework (Managerial) * Saved If Toyota Motor Company receives an order on May 5, begins...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • If Toyota Motor Company receives an order on May 1, begins production on May 13, and...

    If Toyota Motor Company receives an order on May 1, begins production on May 13, and ships the order on May 15 immediately following production, then what is the manufacturing cycle efficiency (MCE) ratio? Manufacturing cycle efficiency (MCE) ratio

  • If Toyota Motor Company receives an order on May 3, begins production on May 20, and...

    If Toyota Motor Company receives an order on May 3, begins production on May 20, and ships the order on May 26 immediately following production, then what is the manufacturing cycle efficiency (MCE) ratio? Manufacturing cycle efficiency (MCE) ratio

  • If Toyota Motor Company receives an order on May 3, begins production on May 14, and...

    If Toyota Motor Company receives an order on May 3, begins production on May 14, and ships the order on May 16 immediately following production, then what is the manufacturing cycle efficiency (MCE) ratio?

  • If Toyota Motor Company receives an order on May 3, begins production on May 14, and...

    If Toyota Motor Company receives an order on May 3, begins production on May 14, and ships the order on May 16 immediately following production, then what is the manufacturing cycle efficiency (MCE) ratio?

  • CON AFCC WEBSITE Property management Suggested Sites - Web Slice Gallery- cers 11 and 13 Homework...

    CON AFCC WEBSITE Property management Suggested Sites - Web Slice Gallery- cers 11 and 13 Homework (Managerial) Seved if Toyota Motor Company receives an order on May 5, begins production on May 18, and ships the order on May 22 immediately following production, then what is the manufacturing cycle efficiency (MCE) ratio? Manufacturing de efficiency (MCE) ratio to search Prev 2 of 6 Next >

  • Check my work mode: This shows what is correct or incorrect for the work you have...

    Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate compler Wiliams Inc. Produces A Single Product A Part Us If Toyota Motor Company receives an order on May 5, begins production on May 18, and ships the order on May 22 immediately following production, then what is the manufacturing cycle efficiency (MCE) ratio? Answer is complete but not entirely correct. Manufacturing cycle efficiency (MCE) ratio 00:43:03...

  • ecture 13 homework Thornton Company manufactures a personal computer designed for use in schools and markets it u...

    ecture 13 homework Thornton Company manufactures a personal computer designed for use in schools and markets it under its own label Thornton has the capacity to produce 28,000 units a year but is currently producing and selling only 16.000 units a year. The computer's normal selling price is $1680 per unit with no volume discount The unit-level costs of the computer's production are $520 for direct materials. $140 for director and $110 for indirect unit-level manufacturing costs. The total product...

  • 2016: Managerial Accounting (34327) Connect - To Do Assignments Ch16 Homework work 0 Saved Help Save...

    2016: Managerial Accounting (34327) Connect - To Do Assignments Ch16 Homework work 0 Saved Help Save & Exit Chech Elliott Company produces large quantities of a standardized product. The following information is available for the first process in its production activities for March. Units Beginning work in process inventory Started Ending work in process inventory 2,000 20,000 5,000 Costs Beginning work in process inventory Direct materials Conversion Status of ending work in process inventory Materials-Percent complete Conversion-Percent complete Direct materials...

  • 6 Saved Help S A company produces fine cabinets. The company uses a job-order costing system...

    6 Saved Help S A company produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated joint Additional information is provided below for the most recent month: Estimates at the beginning of the month: Estimated total fixed manufacturing overhead $16,995 Capacity of the jointer 339 hours Actual results: Sales $76,300 Direct materials $17,700 Direct labor...

  • Chapter 3 6 Saved Help Save The Polaris Company uses a Job-order costing system. The following...

    Chapter 3 6 Saved Help Save The Polaris Company uses a Job-order costing system. The following transactions occurred in October: a. Raw materlals purchased on account, $211,000 b. Raw materlals used In production, $192,000 ($153,600 direct materlals and $38,400 Indirect materlals). c. Accrued direct labor cost of $48,000 and Indirect labor cost of $21,000 d. Depreclation recorded on factory equipment, $105,000 e. Other manufacturing overhead costs accrued during October, $129,000 f. The company applies manufacturing overhead cost to production using...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT