Using the information given, calculate the Cycle time for Harper Company in September. Totally manufacturing time for September: 4,500 hours Unit cost: $43 Units produced in September: 15,000 .30 hour. .72 hour 25 hour .47 hour
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- A company estimates its manufacturing overhead will be $750,000 for the next year. What is the predetermined overhead rate given the following independent allocation bases? Budgeted direct labor hours: 60,000 Budgeted direct labor expense: $1,500,000 Estimated machine hours: 100,000Use the following information for Brief Exercises 11-23 and 11-24: Theta Company has the following data for one of its manufacturing plants: Maximum units produced in a quarter (3-month period): 400,000 units Actual units produced in a quarter (3-month period): 375,000 units Productive hours in one quarter: 20,000 hours 11-23 (Appendix 11A) Calculating Cycle Time and Velocity Refer to the information for Theta Company above. Required: Compute the (1) theoretical cycle time (in minutes), (2) actual cycle time (in minutes), (3) theoretical velocity in units per hour, and (4) actual velocity in units per hour. (Round units to the nearest whole unit.)Cycle Time and Velocity In the first quarter of operations, a manufacturing cell produced 80,000 stereo speakers, using 20,000 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. 2. Compute the cycle time for the first quarter (minutes per unit produced). 3. How many units were produced in the second quarter?
- Use the following information for Brief Exercises 11-17and 11-18: Indy Company has the following data for one of its manufacturing plants: Maximum units produced in a quarter (3-month period): 250,000 units Actual units produced in a quarter (3-month period): 200,000 units Productive hours in one quarter: 25,000 hours 11-17 (Appendix 11A) Calculating Cycle Time and Velocity Refer to the information for Indy Company above. Required: Compute the (1) theoretical cycle time (in minutes), (2) actual cycle time (in minutes), (3) theoretical velocity in units per hour, and (4) actual velocity in units per hour.Total and Unit Product Cost Martinez Manufacturing Inc. showed the following costs for last month: Last month, 4,000 units were produced and sold. Required: 1. Classify each of the costs as product cost or period cost. 2. What is the total product cost for last month? 3. What is the unit product cost for last month?A manufacturing cell produces 40 units in five hours. What is the cycle time for the manufacturing cell? a. 8 units per hour b. 8 hours per unit c. 1/8 unit per hour d. 7.5 minutes per unit
- If a factory operates at 100% of capacity one month, 90% of capacity the next month, and 105% of capacity the next month, will a different cost per unit be charged to the work-in-process account each month for factory overhead assuming that a predetermined annual overhead rate is used?Silver Products has presented the following information for the past eight months operations: Month Units Total Cost $ 27,600 $ 26,000 $ 18,500 $ 23,400 $ 26,200 $ 31,150 $ 26,700 $ 25,900 April 8,100 6,500 3,900 5,700 7,100 8,500 7,900 6,900 Мay June July August September October November a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round your variable cost to 2 decimal places.) Fixed Cost Per Month Variable Cost Per Unit b. What would total costs be for a month with 5,100 units produced? (Do not round intermediate calculations.) Total CostsVelocity and Cycle Time Kolby Company takes 36,000 hours to produce 144,000 units of a product. Required: What is the velocity? Cycle time? Round the cycle time to two decimal places. Velocity units per hour Cycle time hour(s)
- Discussion QuestionThe table below shows monthly data collected on production costs and on the number ofunits produced over a twelve month period. Month Total Production Costs Level of Activity (Units Produced)July $230,000 3,500August 250,000 3,750September 260,000 3,800October 220,000 3,400November 340,000 5,800December 330,000 5,500January 200,000 2,900February 210,000 3,300March 240,000 3,600April 380,000 5,900May 350,000 5,600June 290,000 5,000 a) Determine the variable cost per unit and the fixed cost using the high-low method. b) What is the equation of the total mixed cost…Calculating Cycle Time and Velocity Indy Company has the following data for one of its manufacturing plants: Maximum units produced in a quarter (3-month period): 250,000 units Actual units produced in a quarter (3-month period): 204,000 units Productive hours in one quarter: 25,000 hours Required: 1. Compute the theoretical cycle time (in minutes). minutes per unit 2. Compute the actual cycle time (in minutes). Round your answer to two decimal places. minutes per unit 3. Compute the theoretical velocity in units per hour. units per hour 4. Compute the actual velocity in units per hour. Round your answer to two decimal places. units per hourThe table below shows monthly data collected on production costs and on the number of units produced over a twelve month period. Month Total Production cost Lev)el of Activity (Units produce July $230,000 3,500 August 250,000 3,750 Septemer 260,000 3,800 October 220,000 3,400 November 340,000 5,800 December 330,000 5,500 January 200,000 2,900 February 210,000 3,300 March 240,000 3,600 April 380,000 5,900 May 350,000 5,600 June 290,000 5,000 a) Determine the variable cost per unit and the fixed cost using the high-low method.