The period of time between receiving a client order and shipping the finished items to the customer is referred to as the delivery cycle time.
When it comes to measuring internal business performance, delivery cycle time is regarded as a very crucial statistic. It is defined as the period of time between the moment an order is received and the time it is actually sent.
This usually plays a significant role for both organizations and customers because prompt order processing is a skill that almost all firms and customers tend to value.
In a similar vein, it can be seen that quicker delivery cycles can also serve as a possible competitive advantage for the business and, in most situations, are essential to their existence.
To know more about delivery cycle time.
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<span>Initial
step in the strategic marketing process is to begin planning by conducting a (SWOT)
analysis. SWOT analysis, also called SWOT matrix, means the Strengths, Weaknesses,
Opportunities, and Threats that summarizes the evaluation of elements for a
project or business.</span>
Answer:
b. $156.59
Explanation:
Note: The full question is attached as picture below
As the company is under traditional costing system and the allocation base is machine hours.
Variable OH per hour = Total variable cost / Total machine hours
Variable OH per hour = 513,600/32,000
Variable OH per hour = $16.05
Average cost of producing one unit of widget = Direct material per hour + Direct labor per hour + Variable OH per hour
= $95.52 + $51.04 + ($16.05*750/1200)
= $95.52 + $51.04 + $10.03
= $156.59