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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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3 years ago
A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the
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A. Lowest Total Cost:

A. 315,550 or more

B. Lowest total cost of annual volume of 120 boats

C. C

Explanation:

The lowest total cost among the three alternatives is b.

If the company goes for new location it will have to incur fixed cost of $270,000 and variable cost per boat will be $600.

If the company Subcontracts then Total cost per boat is $2,620

If a company goes for expanding existing facility then it will incur fixed cost of $57,000 and variable cost will be $1,030 per boat.

If company produces 315,000 or more boats then it will have lowest possible cost for the boat.

For an output of 120 bots the best possible alternative is option C. The fixed cost will be $475 per boat ($57,000 / 120 boats)

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Suppose a commercial banking system has $40,000 of outstanding checkable deposits and actual reserves of $4,500. If the reserve
ludmilkaskok [199]

Answer: $50000

Explanation:

Based on the information that's been given in the question, firstly we need to calculate the excess reserves which will be:

= $4500 - (10% × $40000)

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= $500

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