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SIZIF [17.4K]
3 years ago
5

Bronigan’s, a maker of handheld video games, recently analyzed its manufacturing process to identify value-added and non-value-a

dded activities. Bronigan’s found that the total non-value-added manufacturing time associated with producing the average game was 0.2 hours and the total time to produce the average game was 0.5 hours.What is the manufacturing efficiency ratio for game production at Bronigan's?
Business
1 answer:
Andrei [34K]3 years ago
8 0

Answer:

Manufacturing efficiency ratio= 60%

Explanation:

Manufacturing efficiency ratio measure the proportion of time it takes to perform value-added activities. This information is used to reduce time spent on non value-adding activities, thereby reducing cost and making production faster.

Using the formula

Manufacturing efficiency ratio= Value-added production time/ production cycle time

Value-added production time= Cycle time - non value-added manufacturing time

Value-added production time= 0.5-0.2= 0.3

Therefore

Manufacturing efficiency ratio= 0.3/0.5= 0.6

Manufacturing efficiency ratio= 60%

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tresset_1 [31]

Answer:

Cost of Goods Manufactured = $1,797,100

Explanation:

Cost of Goods Sold Budget

for the Month Ending June 30

Particulars                                                    Amount ($)     Amount ($)      

Finished Goods Inventory                            $14,300

Work in process inventory                            $9,600         $23,900

Direct Materials:

Direct materials inventory                            $11,500

Direct materials purchases                          $1,372,500

Less: Direct material inventory June 30     $(12,700)

Cost of Direct materials in use:                                        $1,371,300

Direct labor                                                                        $164,700

Factory Overhead                                                             $247,100

Total Manufacturing Cost                                                $1,807,000

Total work in process during period          

less: work in process inventory June 30   $(9,900)

Cost of goods manufactured                                           $1,797,100

5 0
3 years ago
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(I don't need this answered, I just wanted to put the correct answers out there for other users)
Ronch [10]

Answer:

1 with c

2 with b

3 with a

Explanation:

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7 0
3 years ago
Acme Home Builders, Inc., has build 24 houses so far this year at a total cost to the company of $4.80 million. If the company b
Dmitry_Shevchenko [17]

Answer:

25th house's Marginal cost is $250,000.

Explanation:

Given:

Total cost of 24 houses = $4,800,000

Total cost of 25 houses = $5,050,000

Marginal cost = ?

Computation of marginal cost:

Marginal cost = Change in total cost

Marginal cost = Total cost of 25 houses - Total cost of 24 houses

Marginal cost = $5,050,000 - $4,800,000

Marginal cost = $250,000

So, we say that 25th house's marginal cost will be $250,000 .

5 0
3 years ago
If $360 is invested at an interest rate of 4% per year and is compounded quarterly, how much will the investment be worth in 18
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