Question

Prakesh Company has the following data for one of its manufacturing cells: Maximum units produced in...

Prakesh Company has the following data for one of its manufacturing cells:

Maximum units produced in a month: 50,000 units

Actual units produced in a month: 40,000 units

Hours of production labor in one month: 10,000 hours

1. Compute the theoretical cycle time (in minutes per unit).

2. Compute the actual cycle time (in minutes per unit).

3. Compute the theoretical velocity (in units per hour).

4. Compute the actual velocity (in units per hour).

0 0
Add a comment Improve this question Transcribed image text
✔ Recommended Answer
Answer #1

1 Prakesh Company has the following data for one of its manufacturing cells: 2 Maximum units produced in a month: 50,000 unit

Add a comment
Know the answer?
Add Answer to:
Prakesh Company has the following data for one of its manufacturing cells: Maximum units produced in...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Cycle Time and Velocity, MCE Computador has a manufacturing plant in Des Moines that has the...

    Cycle Time and Velocity, MCE Computador has a manufacturing plant in Des Moines that has the theoretical capability to produce 180,750 laptops per quarter but currently produces 72,300 units. The conversion cost per quarter is $7,230,000. There are 60,250 production hours available within the plant per quarter. In addition to the processing minutes per unit used, the production of the laptops uses 9 minutes of move time, 19 minutes of wait time, and 5 minutes of rework time. (All work...

  • Cycle Time and Velocity, MCE Computador has a manufacturing plant in Des Moines that has the...

    Cycle Time and Velocity, MCE Computador has a manufacturing plant in Des Moines that has the theoretical capability to produce 193,500 laptops per quarter but currently produces 77,400 units. The conversion cost per quarter is $9,288,000. There are 64,500 production hours available within the plant per quarter. In addition to the processing minutes per unit used, the production of the laptops uses 11 minutes of move time, 19 minutes of wait time, and 6 minutes of rework time. (All work...

  • Cycle Time and Velocity Norton Company has the following data for one of its production departments: Theoretical velocity: 180 units per hour Productive minutes available per year: 62,000,000 A...

    Cycle Time and Velocity Norton Company has the following data for one of its production departments: Theoretical velocity: 180 units per hour Productive minutes available per year: 62,000,000 Annual conversion costs: $372,000,000 Actual velocity: 72 units per hour Required: 1. Calculate the actual conversion cost per unit using actual cycle time and the standard cost per minute. Round your actual cycle time answer to three decimal places and your cost per unit answer to the nearest cent. Actual cycle time...

  • Cycle Time and velocity, MCE Computador has a manufacturing plant in Des Moines that has the theoretical capability to...

    Cycle Time and velocity, MCE Computador has a manufacturing plant in Des Moines that has the theoretical capability to produce 260,000 laptops per quarter but currently produces 78,000 units. The conversion cost per quarter is $8,190,000. There are 65,000 produ the processing minutes per unit used, the production of the laptops uses 9 minutes of move time, 21 minutes of wait time, and 6 minutes of rework time. (All work is done by cell workers.) Required: 1. Compute the theoretical...

  • Return on Investment and Investment Decisions Leslie Blandings, division manager of Audiotech Inc., was debating the...

    Return on Investment and Investment Decisions Leslie Blandings, division manager of Audiotech Inc., was debating the merits of a new product-a weather radio that would put out a warning if the county in which the listener lived were under a severe thunderstorm or tomado alert. The budgeted income of the division was $775,000 with operating assets of $4,825,000. The proposed investment would add income of $640,000 and would require an additional investment in equipment of $4,000,000. The minimum required return...

  • In the first quarter of operations, a manufacturing cell produced 150,000 stereo speakers, using 17,000 production...

    In the first quarter of operations, a manufacturing cell produced 150,000 stereo speakers, using 17,000 production hours. In the second quarter, the cycle time was 10 minutes per unit with the same number of production hours as were used in the first quarter. Required: 1. Compute the velocity (per hour) for the first quarter. If required, round your answer to two decimal places. units per hour 2. Compute the cycle time for the first quarter (minutes per unit produced). If...

  • Cycle Time, Welocity, Product Costing Goldman Company has a IT system in place. Each manufacturing coll...

    Cycle Time, Welocity, Product Costing Goldman Company has a IT system in place. Each manufacturing coll is dedicated to the production of a single product or major subassembly. One cell, dedicated to the production of telescopes, has four operations machining finishing, assembly and qualifying (eng). For the coming year, the telescope cell has the following budgeted costs and cell time (both at theoretical capacity) Budgeted conversion costs $9,000,000 59,750,000 Budgeted raw materials Celtime 12,000 hours Theoretical output 000 copes During...

  • A manufacturing company that has only one product has established the following standards for its variable...

    A manufacturing company that has only one product has established the following standards for its variable manufacturing overhead. The company bases its variable manufacturing overhead standards on direct labor-hours. Standard hours per unit of output 5.00 DLHs Standard variable overhead rate $ 11.63 per DLH The following data pertain to operations for the last month: Actual direct labor-hours 8,500 DLHs Actual total variable manufacturing overhead cost $ 95,970 Actual output 1,600 units What is the variable overhead efficiency variance for...

  • Fletcher Company collected the following data regarding production of one of its products. Compute the total...

    Fletcher Company collected the following data regarding production of one of its products. Compute the total direct labor cost variance. Direct labor standard (2 hrs. @ $12.75/hr.) $ 25.50 per finished unit Actual direct labor hours 101,900 hrs. Actual finished units produced 50,000 units Actual cost of direct labor $ 1,355,750

  • Urbana Company calculates its predetermined manufacturing overhead rates using normal capacity, which is 288,000 units. The...

    Urbana Company calculates its predetermined manufacturing overhead rates using normal capacity, which is 288,000 units. The standard cost system allows 2 direct labor hours per unit produced. Manufacturing overhead is applied using direct labor hours. The total budgeted manufacturing overhead is $3,168,000, of which $864,000 is fixed manufacturing overhead. The actual results for the year are as follows. 5. The company's variable manufacturing overhead efficiency (quantity) variance is: $24,000 F. (b) $40,000 U. $40,000 F. $24,000 U. (a) URBANA COMPANY...

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