Answer:
0.34
Explanation:
Calculation to determine what The manufacturing cycle efficiency (MCE) was closest to:
First step is to calculate the Throughput time using this formula
Throughput time = Process time + inspection time + move time + queue time
Let plug in the formula
Throughput time=6.1+1.5+4.1+6.2
Throughput time=17.9
Now let calculate the MEC using this formula
MEC = process time / throughput time
Let plug in the formula
MEC=6.1/17.9
MEC =0.34
Therefore The manufacturing cycle efficiency (MCE) was closest to:0.34
Answer:
Explanation:
The adjusting entry is shown below:
Office supplies expense A/c Dr $257
To Office supplies $257
(Being adjusted entry recorded in respect of office supplies)
Since in the question it is given that, the debit balance of office supply is $363 and the physical count show $107 unused supplies which mean it is of no use. So, the actual amount of office supplies would be calculated by applying an equation which is shown below:
= Office supplies debit balance - unused office supplies
= $363 - $107
= $257
Moreover, the office supply is shown in the balance sheet under the assets account. And, to find out the correct value of the office supply we debit the expense account and credit the asset account.
Given that <span>Heath's
company is currently producing 50 units of output. the price of the
good is $5 per unit. total fixed costs are $30 and the average variable
cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
quantity of product produced in a given period increases, the cost of manufacturing each unit decreases
Explanation:
Economies of scale happens when the average total cost (variable + fixed production costs per unit) decreases as total output increases. This generally takes place because fixed costs are the same for a small number of units produced or a large number of units produced, so the average fixed cost per unit tend to decrease as more units are produced (at least up to certain point). Variable production costs per unit can also decrease as total output increases since materials might be purchased in larger quantities resulting in higher discounts or labor productivity increases.
