Entries by Hannah Wangui

decision-making

September 3, 2019 in /by

Question Value streams are useful in decision-making because:They identify all value-added products and services. They help to highlight improved efficiency in the plant. Special orders can be evaluated within the context of the value stream. Irrelevant costs are identified. Lean thinking produces costlier products.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use […]

 

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unit

September 3, 2019 in /by

Question The contribution margin per machine hour for a given product is calculated as:Full cost per unit ÷ number of machine-hours per unit for the product in question. Number of machine-hours per unit for the product in question ÷ full-cost per unit of the product. Selling price per unit less variable manufacturing cost per unit […]

 

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income statement

September 3, 2019 in /by

Question A value stream income statement is best associated with:Value chain analysis.Activity-based costing. The theory of constraints. Lean manufacturing.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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data

September 3, 2019 in /by

Question Jackson Inc. listed the following data for 2016:Budgeted factory overhead$1,271,000Budgeted direct labor hours82,000Budgeted machine hours41,000Actual factory overhead1,201,000Actual direct labor hours86,300Actual machine hours39,400Round calculations to 2 significant digits  Assuming Jackson Inc. applied overhead based on direct labor hours, the firm’s predetermined overhead rate for 2016 is: $14.20 per direct labor hour. $14.38 per direct labor […]

 

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