Gleen Company has a JIT system in place. Each manufacturing cell is dedicated to the production of a single product or major subassembly. One cell, dedicated to the production of guitar pickups, has four operations: machining, finishing, assembly, and qualifying (testing).
For the coming year, the pickup cell has the following budgeted costs and cell time (both at theoretical capacity):
Cell time: 8,000 hours
Theoretical output: 60,000 pickups
During the year, the following actual results were obtained:
Actual cell time: 8,000 hours
Actual output: 50,000 pickups
A. Compute the theoretical velocity for the pickup cell per hour.
B. Compute the theoretical cycle time in minutes.
C. Compute the actual velocity for the pickup cell per hour.
D. Compute the actual cycle time in minutes.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q105: Match each item with the correct statement
Q111: Match each item with the correct statement
Q115: Match each item with the correct statement
Q116: Match each item with the correct statement
Q135: Which statement best describes unrealized external failure
Q136: Which of the following is NOT a
Q137: What costs are incurred to determine whether
Q138: Assume that the accounts payable department of
Q139: Lindsay Company uses activity-based costing to figure
Q144: Match each of the following terms with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents