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raketka [301]
2 years ago
12

Vernon Inc. has analyzed the setup time on its computer-controlled lathe. The setup requires changing the type of fixture that h

olds a part. The average setup time has been 140 minutes, consisting of the following steps:
Turn off machine and remove fixture from lathe 15 minutes
Go to tool room with fixture 15
Record replacement of fixture to tool room 18
Return to lathe 20
Clean lathe 20
Return to tool room 20
Record withdrawal of new fixture from tool room 12
Return to lathe 15
Install new fixture and turn on machine 5
Total setup time 140 minutes
Required:
a. Why should management be concerned about improving setup time?
b. Which of the following are the ways to improve Hammond Inc.'s setup time?1. limit the trips to the tool room to one round trip, rather than two.2. change the location of the fixtures to reduce lathe setup time.3. eliminate the tool room and instead locate the tools in a visible location near the lathe.4. change the entire lathe room layout, so that fewer steps are required to turn the lathe on and off, as well as clean the lathe and change fixtures for the lathe.5. All of these are ways to improve setup time.c. How much time would be required for a setup, using your suggestion in (b)?

Business
1 answer:
umka21 [38]2 years ago
6 0

Answer:

Explanation:

Please locate the attached file below for the answer for the given problem.

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Sarah is planning a party at a party hall. The meal option is $50 per person and includes the hall for free. The hall-only optio
Tomtit [17]

Answer:

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

Explanation:

given data

The meal option = $50 per person.

Hall free = $ 0 per person

total guest = 40

hall-only option = $1,500

external caterer = $30 per person

solution

when we go for meal option than hall free so total cost will be as

total cost = total guest  × $50 per person

total cost = 40 × $50

total cost = $2000

and

when we go for hall only option than total cost will be

total cost = total guest   × external caterer charge + hall-only option

total cost =  40  × $30 + $1500

total cost =   $2700

so

meal option  is cheaper with total cost = $2000 and hall only option is total cost  $2700

4 0
2 years ago
Jersey Corporation has a process costing system in which it uses the weighted-average method. The equivalent units for conversio
solmaris [256]

Answer:

Units started=35,000 units

Explanation:

First we will have to calculate the number of units transferred out:

Equivalent units for month=47,500

Ending work in process inventory=10,000*0.75=7,500 units

Formula:

Equivalent units =Units transferred out+ Ending work in process inventory

Units transferred out=Equivalent units - Ending work in process inventory

Units transferred out=47,500=7,500

Units transferred out=40,000 units

Formula for calculating units in the start:

Units transferred out=Units in beginning inventory+Units Started-Units in Ending Inventory

40,000=15,000+Units started-10,000

Units Started=40,000-15,000+10,000

Units started=35,000 units

6 0
2 years ago
Imagine that in the frame of Azerbaijan National Football Championship Nefthci and Karabakh football teams will have a match in
Ymorist [56]

Answer:

The fans as they purchase tickets

Explanation:

The government has imposed a $2 tax per seat. The stadium management will increase the price of tickets per seat by at least $2. It means the customers (fans) will pay an extra amount per seat to cater for the taxes.  

The stadium management will act as a tax intermediary. They will collect the $2 per seat tax from the ticket sales and remit it to the government.

8 0
2 years ago
o reduce its stock price, Shriver Food Systems, Inc., declared and issued a 100 percent stock dividend. The company has 800,000
Leya [2.2K]

Answer:

General Journal                                          Debit                               Credit

Retained Earning                                       200,000

               Common Stock                                                                   200,000

Explanation:

(200,000 outstanding shares x 100% stock dividend x $1 par value of the stock) = 200,000 Common Stock.

4 0
2 years ago
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $49,3
Leokris [45]

Answer:

Common Fixed Expense is $28,600

Explanation:

Given,

Contribution of Division A = $49,300

Computing Contribution of Division B as:

Contribution = Sales × Contribution margin ratio

where

Sales is $242,000

Contribution margin ratio is 25%

So,

Contribution = $242,000 × 25%

= $60,500

Therefore, Total Contribution is :

= $49,300 + $60,500

= $109,800

Computing Income before Common Fixed Expense as:

Income before Common Fixed Expense = Total Contribution -  Traceable fixed expenses

= $109,800 - $51,600

= $58,200

Computing Common Fixed Expense as:

Common Fixed Expense = Income before Common Fixed Expense - Income after Common Fixed Expense (Net Income)

= $58,200 - $29,600

= $28,600

5 0
2 years ago
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